Sudan - Maize (Corn) Starch - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSudan: Maize Starch Market 2024
Maize Starch Market Size in Sudan
The Sudanese maize starch market was finally on the rise to reach $X in 2021, after three years of decline. Overall, consumption enjoyed strong growth. Maize starch consumption peaked at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.
Maize Starch Production in Sudan
In value terms, maize starch production expanded significantly to $X in 2021 estimated in export price. Over the period under review, production saw a remarkable increase. The pace of growth was the most pronounced in 2015 with an increase of 136% against the previous year. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.
Maize Starch Exports
Exports from Sudan
In 2019, the amount of maize (corn) starch exported from Sudan fell remarkably to X tons, which is down by -80.8% compared with 2018. Overall, exports, however, posted a resilient expansion. The exports peaked at X tons in 2018, and then contracted sharply in the following year.
In value terms, maize starch exports reduced rapidly to $X in 2019. In general, exports saw a abrupt decline. The exports peaked at $X in 2018, and then declined rapidly in the following year.
Exports by Country
Yemen (X tons) was the main destination for maize starch exports from Sudan, accounting for a approx. 100% share of total exports.
From 2012 to 2019, the average annual rate of growth in terms of volume to Yemen totaled +185.2%.
In value terms, Yemen ($X) emerged as the key foreign market for maize (corn) starch exports from Sudan.
From 2012 to 2019, the average annual rate of growth in terms of value to Yemen amounted to +281.3%.
Export Prices by Country
In 2019, the average maize starch export price amounted to $X per ton, shrinking by -32.6% against the previous year. Over the period under review, the export price recorded a deep contraction. The export price peaked at $X per ton in 2012; however, from 2013 to 2019, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Yemen.
From 2012 to 2019, the rate of growth in terms of prices for Yemen amounted to +33.7% per year.
Maize Starch Imports
Imports into Sudan
In 2021, approx. X tons of maize (corn) starch were imported into Sudan; reducing by -17.1% on 2020 figures. In general, total imports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -22.7% against 2019 indices. The most prominent rate of growth was recorded in 2013 with an increase of 44%. Over the period under review, imports reached the maximum at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.
In value terms, maize starch imports rose rapidly to $X in 2021. Overall, total imports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +6.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -0.4% against 2019 indices. The growth pace was the most rapid in 2013 when imports increased by 44% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.
Imports by Country
In 2021, Egypt (X tons) constituted the largest maize starch supplier to Sudan, accounting for a 61% share of total imports. Moreover, maize starch imports from Egypt exceeded the figures recorded by the second-largest supplier, India (X tons), threefold. The third position in this ranking was held by Saudi Arabia (X tons), with an 8.4% share.
From 2012 to 2021, the average annual growth rate of volume from Egypt stood at +41.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-10.7% per year) and Saudi Arabia (+33.6% per year).
In value terms, Egypt ($X) constituted the largest supplier of maize (corn) starch to Sudan, comprising 67% of total imports. The second position in the ranking was taken by India ($X), with a 15% share of total imports. It was followed by Turkey, with an 8.9% share.
From 2012 to 2021, the average annual rate of growth in terms of value from Egypt totaled +39.9%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-12.6% per year) and Turkey (+29.2% per year).
Import Prices by Country
The average maize starch import price stood at $X per ton in 2021, jumping by 33% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Turkey ($X per ton) and Egypt ($X per ton), while the price for India ($X per ton) and Saudi Arabia ($X per ton) were amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (-1.0%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the maize starch market in Sudan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10621113 - Maize (corn) starch
Country coverage:
- Sudan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sudan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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