Sudan: Oxygen-Function Amino-Compound Market 2024

Oxygen-Function Amino-Compound Market Size in Sudan

The Sudanese oxygen-function amino-compound market was finally on the rise to reach $X in 2021, after two years of decline. The market value increased at an average annual rate of +3.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Oxygen-Function Amino-Compound Production in Sudan

In value terms, oxygen-function amino-compound production expanded markedly to $X in 2021 estimated in export price. Over the period under review, the total production indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +6.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -14.3% against 2017 indices. The pace of growth appeared the most rapid in 2014 when the production volume increased by 32%. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Oxygen-Function Amino-Compound Exports

Exports from Sudan

In 2021, exports of oxygen-function amino-compounds from Sudan expanded notably to X tons, increasing by 11% on the previous year's figure. In general, exports recorded significant growth. The pace of growth appeared the most rapid in 2015 when exports increased by 504% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, oxygen-function amino-compound exports expanded rapidly to $X in 2021. Overall, exports enjoyed strong growth. The growth pace was the most rapid in 2017 when exports increased by 87% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the near future.

Exports by Country

The Netherlands (X tons) was the main destination for oxygen-function amino-compound exports from Sudan, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the Netherlands stood at +20.7%.

In value terms, the largest markets for oxygen-function amino-compound exported from Sudan were the Netherlands ($X) and Italy ($X).

The Netherlands, with a CAGR of +14.2%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

The average oxygen-function amino-compound export price stood at $X per ton in 2021, growing by 1.6% against the previous year. Overall, the export price, however, showed a abrupt curtailment. The pace of growth appeared the most rapid in 2013 an increase of 103%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2012 to 2021, the rate of growth in terms of prices for the Netherlands amounted to -5.4% per year.

Oxygen-Function Amino-Compound Imports

Imports into Sudan

In 2021, oxygen-function amino-compound imports into Sudan soared to X tons, growing by 244% on the previous year. In general, imports, however, saw a perceptible shrinkage. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, oxygen-function amino-compound imports skyrocketed to $X in 2021. Over the period under review, imports, however, saw a pronounced slump. The most prominent rate of growth was recorded in 2019 with an increase of 110%. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Oman (X tons) constituted the largest supplier of oxygen-function amino-compound to Sudan, accounting for a 67% share of total imports. Moreover, oxygen-function amino-compound imports from Oman exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X tons), threefold.

From 2012 to 2021, the average annual growth rate of volume from Oman totaled -2.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (+4.8% per year) and India (-10.0% per year).

In value terms, the largest oxygen-function amino-compound suppliers to Sudan were Oman ($X), India ($X) and Saudi Arabia ($X), with a combined 89% share of total imports.

India, with a CAGR of +4.7%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average oxygen-function amino-compound import price stood at $X per ton in 2021, declining by -51.3% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 58% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was India ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+16.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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