Sudan: Fresh Beef Carcase Market 2024

Fresh Beef Carcase Market Size in Sudan

The Sudanese fresh beef carcase market expanded to $X in 2022, increasing by 2.3% against the previous year. In general, the total consumption indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +8.5% against 2019 indices. Fresh beef carcase consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Fresh Beef Carcase Production in Sudan

In value terms, fresh beef carcase production totaled $X in 2022 estimated in export price. Overall, the total production indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +9.9% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by 50% against the previous year. Over the period under review, production reached the peak level at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Fresh Beef Carcase Exports

Exports from Sudan

In 2022, exports of fresh or chilled carcases of beef and veal from Sudan was estimated at X tons, approximately mirroring 2021. In general, exports showed a significant increase. The pace of growth was the most pronounced in 2016 when exports increased by 398% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, fresh beef carcase exports rose rapidly to $X in 2022. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2016 when exports increased by 263% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

Egypt (X tons), Kuwait (X tons) and the United Arab Emirates (X tons) were the main destinations of fresh beef carcase exports from Sudan, with a combined 98% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kuwait (with a CAGR of +86.2%), while the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X), Kuwait ($X) and the United Arab Emirates ($X) appeared to be the largest markets for fresh beef carcase exported from Sudan worldwide, together accounting for 99% of total exports.

Among the main countries of destination, Kuwait, with a CAGR of +95.8%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average fresh beef carcase export price stood at $X per ton in 2022, increasing by 6.9% against the previous year. Overall, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +8.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fresh beef carcase export price increased by +55.0% against 2016 indices. The growth pace was the most rapid in 2014 an increase of 49% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($X per ton), while the average price for exports to Qatar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.

Fresh Beef Carcase Imports

Imports into Sudan

In 2022, supplies from abroad of fresh or chilled carcases of beef and veal was finally on the rise to reach X tons for the first time since 2014, thus ending a seven-year declining trend. Overall, imports, however, saw a noticeable shrinkage. The pace of growth appeared the most rapid in 2013 with an increase of 110%. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, fresh beef carcase imports rose notably to $X in 2022. In general, imports, however, showed a noticeable decrease. The most prominent rate of growth was recorded in 2013 when imports increased by 63% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Kenya (X tons) constituted the largest fresh beef carcase supplier to Sudan, accounting for a 82% share of total imports. Moreover, fresh beef carcase imports from Kenya exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X tons), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Kenya stood at +4.2%.

In value terms, Kenya ($X) constituted the largest supplier of fresh or chilled carcases of beef and veal to Sudan, comprising 82% of total imports. The second position in the ranking was taken by Saudi Arabia ($X), with an 18% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Kenya totaled +8.8%.

Import Prices by Country

In 2022, the average fresh beef carcase import price amounted to $X per ton, falling by -1.6% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 25% against the previous year. The import price peaked at $X per ton in 2021, and then fell modestly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Saudi Arabia ($X per ton), while the price for Kenya totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+10.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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