Sudan: Market for Saturated Acyclic Monocarboxylic Acids 2024

Market Size for Saturated Acyclic Monocarboxylic Acids in Sudan

The Sudanese saturated acyclic monocarboxylic acids market expanded slightly to $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Saturated Acyclic Monocarboxylic Acids in Sudan

In value terms, saturated acyclic monocarboxylic acids production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Saturated Acyclic Monocarboxylic Acids

Exports from Sudan

In 2022, the amount of saturated acyclic monocarboxylic acids exported from Sudan fell dramatically to X tons, which is down by X% on the year before. In general, exports saw a precipitous slump. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, saturated acyclic monocarboxylic acids exports soared to $X in 2022. Over the period under review, exports recorded a deep reduction. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Ethiopia (X tons) was the main destination for saturated acyclic monocarboxylic acids exports from Sudan, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Ethiopia was relatively modest.

In value terms, Ethiopia ($X) emerged as the key foreign market for saturated acyclic monocarboxylic acids exports from Sudan.

From 2012 to 2022, the average annual rate of growth in terms of value to Ethiopia was relatively modest.

Export Prices by Country

In 2022, the average saturated acyclic monocarboxylic acids export price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price enjoyed strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to X% per year.

Imports of Saturated Acyclic Monocarboxylic Acids

Imports into Sudan

In 2022, supplies from abroad of saturated acyclic monocarboxylic acids decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, total imports indicated a prominent expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then shrank notably in the following year.

In value terms, saturated acyclic monocarboxylic acids imports dropped rapidly to $X in 2022. Overall, total imports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2021, and then declined markedly in the following year.

Imports by Country

The United Arab Emirates (X tons), India (X tons) and China (X tons) were the main suppliers of saturated acyclic monocarboxylic acids imports to Sudan, with a combined X% share of total imports. South Korea, the UK and Turkey lagged somewhat behind, together comprising a further X%.

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

In value terms, the United Arab Emirates ($X) constituted the largest supplier of saturated acyclic monocarboxylic acids to Sudan, comprising X% of total imports. The second position in the ranking was held by India ($X), with an X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and China (X% per year).

Import Prices by Country

The average saturated acyclic monocarboxylic acids import price stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the import price showed a mild descent. The pace of growth was the most pronounced in 2021 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :