Sudan: Processed Meat Market 2024

Processed Meat Market Size in Sudan

The Sudanese processed meat market fell modestly to $X in 2022, leveling off at the previous year. Overall, consumption continues to indicate a remarkable increase. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Processed Meat Production in Sudan

In value terms, processed meat production fell modestly to $X in 2022 estimated in export price. In general, production showed a strong expansion. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Processed Meat Exports

Exports from Sudan

After three years of growth, shipments abroad of processed meat decreased by X% to X tons in 2022. In general, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by X%. As a result, the exports reached the peak of X tons, and then declined markedly in the following year.

In value terms, processed meat exports reduced notably to $X in 2022. Overall, exports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by X%. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Angola (X tons) was the main destination for processed meat exports from Sudan, accounting for a X% share of total exports. Moreover, processed meat exports to Angola exceeded the volume sent to the second major destination, Egypt (X tons), fourfold. The United Arab Emirates (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Angola stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (X% per year) and the United Arab Emirates (X% per year).

In value terms, Egypt ($X) remains the key foreign market for processed meat exports from Sudan, comprising X% of total exports. The second position in the ranking was taken by Angola ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Egypt stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Angola (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

In 2022, the average processed meat export price amounted to $X per ton, rising by X% against the previous year. In general, the export price saw a prominent expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Egypt ($X per ton), while the average price for exports to Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (X%), while the prices for the other major destinations experienced mixed trend patterns.

Processed Meat Imports

Imports into Sudan

For the third year in a row, Sudan recorded decline in supplies from abroad of processed meat, which decreased by X% to X tons in 2022. Over the period under review, imports faced a dramatic setback. The pace of growth was the most pronounced in 2019 with an increase of X%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, processed meat imports amounted to $X in 2022. Overall, imports recorded a significant curtailment. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Egypt (X tons), Australia (X tons) and China (X tons) were the main suppliers of processed meat imports to Sudan, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Egypt (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Australia ($X), Egypt ($X) and Jordan ($X) constituted the largest processed meat suppliers to Sudan, with a combined X% share of total imports.

Egypt, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average processed meat import price amounted to $X per ton, picking up by X% against the previous year. In general, import price indicated temperate growth from 2012 to 2022: its price 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, processed meat import price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

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

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

Source: IndexBox Platform