Sudan: Market for Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms 2024

Market Size for Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms in Sudan

In 2021, after five years of growth, there was decline in the Sudanese market for polyethylene with a specific gravity of less than X, in primary forms, when its value decreased by -2.6% to $X. The market value increased at an average annual rate of +2.2% 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 peak level at $X in 2020, and then reduced modestly in the following year.

Production of Polyethylene with a Specific Gravity of Less than X, in Primary Forms in Sudan

In value terms, production of polyethylene with a specific gravity of less than X, in primary forms contracted modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2019 when the production volume increased by 25%. Over the period under review, production of attained the maximum level at $X in 2020, and then contracted in the following year.

Exports of Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms

Exports from Sudan

In 2021, overseas shipments of polyethylene with a specific gravity of less than X, in primary forms decreased by 0% to X tons, falling for the second year in a row after four years of growth. Over the period under review, exports recorded a drastic downturn. The pace of growth appeared the most rapid in 2019 with an increase of 150%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, exports of polyethylene with a specific gravity of less than X, in primary forms stood at $X in 2021. In general, exports saw a abrupt decrease. The pace of growth appeared the most rapid in 2019 with an increase of 613% against the previous year. Over the period under review, the exports of attained the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Uzbekistan (X tons) and Tunisia (X tons) were the main destinations of exports of polyethylene with a specific gravity of less than X, in primary forms from Sudan.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Uzbekistan (with a CAGR of 0.0%).

In value terms, the largest markets for polyethylene with a specific gravity of less than X exported from Sudan were Uzbekistan ($X) and Tunisia ($X).

Among the main countries of destination, Uzbekistan, with a CAGR of 0.0%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2021, the average export price for polyethylene with a specific gravity of less than X, in primary forms amounted to $X per ton, flattening at the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 186%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably 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 Tunisia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (+1.8%).

Imports of Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms

Imports into Sudan

In 2021, purchases abroad of polyethylene with a specific gravity of less than X, in primary forms decreased by -37.1% to X tons, falling for the second year in a row after three years of growth. Overall, imports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2013 with an increase of 117%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, imports of polyethylene with a specific gravity of less than X, in primary forms contracted to $X in 2021. Over the period under review, imports, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2013 when imports increased by 112%. Over the period under review, imports of reached the maximum at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Saudi Arabia (X tons) constituted the largest supplier of polyethylene with a specific gravity of less than X to Sudan, with a 56% share of total imports. Moreover, imports of polyethylene with a specific gravity of less than X, in primary forms from Saudi Arabia exceeded the figures recorded by the second-largest supplier, Kuwait (X tons), sevenfold. The third position in this ranking was held by Malaysia (X tons), with a 5% share.

From 2012 to 2021, the average annual growth rate of volume from Saudi Arabia amounted to +4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Kuwait (+9.9% per year) and Malaysia (+55.4% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of polyethylene with a specific gravity of less than X, in primary forms to Sudan, comprising 55% of total imports. The second position in the ranking was held by Egypt ($X), with a 5.4% share of total imports. It was followed by Malaysia, with a 5.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Saudi Arabia totaled +8.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (+8.4% per year) and Malaysia (+58.7% per year).

Import Prices by Country

The average import price for polyethylene with a specific gravity of less than X, in primary forms stood at $X per ton in 2021, rising by 47% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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