Sudan: Odoriferous Substance Mixture Market 2024

Odoriferous Substance Mixture Market Size in Sudan

In 2022, the Sudanese odoriferous substance mixture market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption, however, enjoyed a significant expansion. Odoriferous substance mixture consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Odoriferous Substance Mixture Exports

Exports from Sudan

In 2022, the amount of mixtures of odoriferous substances and their preparations exported from Sudan surged to X tons, increasing by 463% on the previous year's figure. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 2,941%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, odoriferous substance mixture exports contracted slightly to $X in 2022. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 2,093%. The exports peaked at $X in 2021, and then reduced modestly in the following year.

Exports by Country

China (X tons) was the main destination for odoriferous substance mixture exports from Sudan, accounting for a 95% share of total exports. Moreover, odoriferous substance mixture exports to China exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to China totaled +73.7%.

In value terms, China ($X) emerged as the key foreign market for mixtures of odoriferous substances and their preparations exports from Sudan, comprising 83% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 16% share of total exports.

From 2012 to 2022, the average annual growth rate of value to China totaled +71.9%.

Export Prices by Country

The average odoriferous substance mixture export price stood at $X per ton in 2022, dropping by -82.5% against the previous year. Over the period under review, the export price recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 an increase of 237% against the previous year. As a result, the export price attained the peak level of $X per ton, and then dropped significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to China amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+25.6%).

Odoriferous Substance Mixture Imports

Imports into Sudan

In 2022, the amount of mixtures of odoriferous substances and their preparations imported into Sudan expanded rapidly to X tons, surging by 10% on the previous year. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 528% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, odoriferous substance mixture imports soared to $X in 2022. Overall, imports posted significant growth. The pace of growth appeared the most rapid in 2013 with an increase of 826% against the previous year. Over the period under review, imports reached the peak figure at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

India (X tons), the United Arab Emirates (X tons) and France (X tons) were the main suppliers of odoriferous substance mixture imports to Sudan, with a combined 59% share of total imports. Germany, Ireland, Sweden, Spain, China, Swaziland, the UK, Egypt, the Netherlands and Aruba lagged somewhat behind, together accounting for a further 35%.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of +91.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest odoriferous substance mixture suppliers to Sudan were France ($X), Ireland ($X) and the United Arab Emirates ($X), together accounting for 54% of total imports. India, Germany, Spain, the UK, Sweden, China, Swaziland, Aruba, the Netherlands and Egypt lagged somewhat behind, together accounting for a further 41%.

Sweden, with a CAGR of +108.1%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average odoriferous substance mixture import price stood at $X per ton in 2022, jumping by 17% against the previous year. Over the period under review, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, odoriferous substance mixture import price decreased by -16.6% against 2018 indices. The pace of growth appeared the most rapid in 2018 when the average import price increased by 59%. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ireland ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+18.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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