Sudan: Salt Market 2024

Salt Market Size in Sudan

In 2022, the Sudanese salt market increased by 47% to $X for the first time since 2018, thus ending a three-year declining trend. Over the period under review, consumption enjoyed resilient growth. Salt consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Salt Production in Sudan

In value terms, salt production soared to $X in 2022 estimated in export price. Overall, production showed a significant expansion. The pace of growth was the most pronounced in 2016 with an increase of 189% against the previous year. Salt production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Salt Exports

Exports from Sudan

In 2022, approx. X tons of salt and pure sodium chloride were exported from Sudan; with an increase of 89% compared with the previous year. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 12,021% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, salt exports plummeted to $X in 2022. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 7,765%. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Canada (X tons) was the main destination for salt exports from Sudan, accounting for a 70% share of total exports. Moreover, salt exports to Canada exceeded the volume sent to the second major destination, France (X tons), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Canada amounted to -23.1%.

In value terms, Canada ($X) remains the key foreign market for salt and pure sodium chloride exports from Sudan, comprising 63% of total exports. The second position in the ranking was taken by France ($X), with an 18% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Canada stood at -41.0%.

Export Prices by Country

The average salt export price stood at $X per ton in 2022, waning by -58.9% against the previous year. Overall, the export price faced a deep setback. The pace of growth appeared the most rapid in 2015 an increase of 4,663%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Canada stood at $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 (+5.7%), while the prices for the other major destinations experienced a decline.

Salt Imports

Imports into Sudan

In 2022, the amount of salt and pure sodium chloride imported into Sudan declined dramatically to X tons, with a decrease of -23.2% against 2021 figures. Overall, imports faced a deep downturn. The growth pace was the most rapid in 2019 when imports increased by 201%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, salt imports contracted significantly to $X in 2022. Over the period under review, imports recorded a deep slump. The pace of growth was the most pronounced in 2019 with an increase of 171% against the previous year. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Egypt (X tons) constituted the largest supplier of salt to Sudan, accounting for a 68% share of total imports. Moreover, salt imports from Egypt exceeded the figures recorded by the second-largest supplier, Belgium (X tons), sixfold. The third position in this ranking was held by India (X tons), with a 4.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Egypt stood at +25.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+2.0% per year) and India (-21.5% per year).

In value terms, Egypt ($X) constituted the largest supplier of salt and pure sodium chloride to Sudan, comprising 66% of total imports. The second position in the ranking was taken by Belgium ($X), with a 9.5% share of total imports. It was followed by India, with a 4.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Egypt stood at +33.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+4.5% per year) and India (-10.2% per year).

Import Prices by Country

The average salt import price stood at $X per ton in 2022, which is down by -3.8% against the previous year. In general, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, salt import price increased by +76.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 an increase of 47%. As a result, import price reached the peak level of $X per ton, and then fell slightly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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