Sudan: Market for Polyethylene in Primary Forms 2024

Market Size for Polyethylene in Primary Forms in Sudan

After two years of decline, the Sudanese polyethylene in primary forms market increased by 19% to $X in 2021. Over the period under review, consumption, however, showed a resilient increase. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Exports of Polyethylene in Primary Forms

Exports from Sudan

Polyethylene in primary forms exports from Sudan skyrocketed to X tons in 2021, jumping by 51% on 2020 figures. Overall, exports, however, recorded a noticeable contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 157%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, polyethylene in primary forms exports surged to $X in 2021. In general, exports, however, showed a perceptible setback. The pace of growth was the most pronounced in 2020 with an increase of 233% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Uzbekistan (X tons) was the main destination for polyethylene in primary forms exports from Sudan, accounting for a 67% share of total exports. Moreover, polyethylene in primary forms exports to Uzbekistan exceeded the volume sent to the second major destination, Tunisia (X tons), threefold. The third position in this ranking was held by Colombia (X tons), with a 9.1% share.

From 2012 to 2021, the average annual growth rate of volume to Uzbekistan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Tunisia (0.0% per year) and Colombia (0.0% per year).

In value terms, Uzbekistan ($X) emerged as the key foreign market for polyethylene in primary forms exports from Sudan, comprising 70% of total exports. The second position in the ranking was held by Tunisia ($X), with a 19% share of total exports. It was followed by Colombia, with a 9.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Uzbekistan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Tunisia (0.0% per year) and Colombia (0.0% per year).

Export Prices by Country

The average polyethylene in primary forms export price stood at $X per ton in 2021, increasing by 13% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 57%. Over the period under review, the average export prices reached the maximum in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Uzbekistan ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+6.3%).

Imports of Polyethylene in Primary Forms

Imports into Sudan

In 2021, supplies from abroad of polyethylene in primary forms decreased by -9.4% to X tons, falling for the second year in a row after three years of growth. In general, imports, however, posted strong growth. The most prominent rate of growth was recorded in 2013 with an increase of 129%. 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, polyethylene in primary forms imports skyrocketed to $X in 2021. Over the period under review, imports, however, saw resilient growth. The growth pace was the most rapid in 2013 with an increase of 125% against the previous year. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Saudi Arabia (X tons) constituted the largest polyethylene in primary forms supplier to Sudan, with a 58% share of total imports. Moreover, polyethylene in primary forms imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, Egypt (X tons), threefold. The United Arab Emirates (X tons) ranked third in terms of total imports with a 4.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Saudi Arabia amounted to +7.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (+22.9% per year) and the United Arab Emirates (+0.8% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of polyethylene in primary forms to Sudan, comprising 55% of total imports. The second position in the ranking was held by Egypt ($X), with a 20% share of total imports. It was followed by China, with a 6.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Saudi Arabia totaled +8.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (+28.2% per year) and China (+21.5% per year).

Import Prices by Country

The average polyethylene in primary forms import price stood at $X per ton in 2021, picking up by 47% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.1%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 China ($X per ton), while the price for Kuwait ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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