Report Update Nov 1, 2024

Sudan - Soybean Oilcake - Market Analysis, Forecast, Size, Trends and Insights

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Sudan: Soybean Oilcake Market 2024

Soybean Oilcake Market Size in Sudan

After two years of decline, the Sudanese soybean oilcake market increased by 11% to $X in 2021. Overall, consumption, however, showed a slight contraction. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Soybean Oilcake Production in Sudan

In value terms, soybean oilcake production rose sharply to $X in 2021 estimated in export price. In general, production, however, recorded a slight setback. The growth pace was the most rapid in 2013 with an increase of 27% against the previous year. Soybean oilcake production peaked at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Soybean Oilcake Exports

Exports from Sudan

Soybean oilcake exports from Sudan amounted to X tons in 2021, remaining relatively unchanged against the previous year's figure. Overall, exports showed a relatively flat trend pattern. The exports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, soybean oilcake exports totaled $X in 2021. Over the period under review, exports showed a relatively flat trend pattern. The exports peaked in 2021 and are likely to see gradual growth in years to come.

Exports by Country

Uzbekistan (X tons) was the main destination for soybean oilcake exports from Sudan, accounting for a approx. 100% share of total exports.

From 2021 to 2021, the average annual rate of growth in terms of volume to Uzbekistan was relatively modest.

From 2021 to 2021, the average annual growth rate of value to Uzbekistan was relatively modest.

Soybean Oilcake Imports

Imports into Sudan

In 2021, approx. X tons of soybean oilcake were imported into Sudan; with a decrease of -39.7% on the previous year's figure. Over the period under review, imports faced a drastic downturn. The pace of growth appeared the most rapid in 2016 when imports increased by 242%. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, soybean oilcake imports rose sharply to $X in 2021. In general, imports continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2016 with an increase of 215%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

India (X tons), Egypt (X tons) and the United Arab Emirates (X tons) were the main suppliers of soybean oilcake imports to Sudan, with a combined 59% share of total imports. Ethiopia, France and Belgium lagged somewhat behind, together comprising a further 28%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +44.3%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest soybean oilcake suppliers to Sudan were India ($X), France ($X) and Belgium ($X), together comprising 52% of total imports.

France, with a CAGR of +44.7%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average soybean oilcake import price amounted to $X per ton, with an increase of 81% against the previous year. Over the period under review, the import price recorded a resilient increase. As a result, import price attained 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 Belgium ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Jordan (+94.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for soybean oilcake in the world?

The country with the largest volume of soybean oilcake consumption was China, comprising approx. 17% of total volume. Moreover, soybean oilcake consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 6.8% share.

What are the largest producers of soybean oilcake in the world?

The countries with the highest volumes of in 2021 were China, the United States and Argentina, together accounting for 39% of global production. Brazil, India, Japan, Russia, Germany, Bangladesh, Nigeria and Pakistan lagged somewhat behind, together comprising a further 33%.

What are the leading suppliers of soybean oilcake to Sudan?

In value terms, the largest soybean oilcake suppliers to Sudan were the Netherlands, India and Belgium, together accounting for 65% of total imports. These countries were followed by Ethiopia, the United Arab Emirates, France and Egypt, which together accounted for a further 34%.

What is the average export price for soybean oilcake in Sudan?

The average soybean oilcake export price stood at $238 per ton in 2021, leveling off at the previous year.

What is the average import price for soybean oilcake in Sudan?

In 2021, the average soybean oilcake import price amounted to $667 per ton, surging by 22% against the previous year.

This report provides an in-depth analysis of the soybean oilcake market in Sudan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 10414130 - Oilcake and other solid residues resulting from the extraction of soya-bean oil

Country coverage:

Sudan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Sudan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023