Price for Meat of Bovine Animals; Fresh or Chilled in Sudan - 2022
Contents:
- Price for Meat of Bovine Animals; Fresh or Chilled in Sudan (FOB) - 2022
- Price for Meat of Bovine Animals; Fresh or Chilled in Sudan (CIF) - 2022
- Exports of Meat of Bovine Animals; Fresh or Chilled in Sudan
- Imports of Meat of Bovine Animals; Fresh or Chilled in Sudan
Price for Meat of Bovine Animals; Fresh or Chilled in Sudan (FOB) - 2022
The average export price for meat of bovine animals; fresh or chilled stood at $5,997 per ton in 2022, growing by 15% against the previous year. In general, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for meat of bovine animals; fresh or chilled increased by +77.1% against 2015 indices. The growth pace was the most rapid in 2014 an increase of 33%. The export price peaked in 2022 and is likely to continue growth in the near future.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Jordan ($6,839 per ton) and the United Arab Emirates ($6,349 per ton), while the average price for exports to Kuwait ($5,494 per ton) and Saudi Arabia ($5,871 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Meat of Bovine Animals; Fresh or Chilled in Sudan (CIF) - 2022
The average import price for meat of bovine animals; fresh or chilled stood at $5,253 per ton in 2022, with an increase of 11% against the previous year. Overall, the import price posted a modest expansion. The most prominent rate of growth was recorded in 2015 when the average import price increased by 118% against the previous year. Over the period under review, average import prices hit record highs at $7,433 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($5,316 per ton), while the price for South Africa totaled $4,791 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+43.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Meat of Bovine Animals; Fresh or Chilled in Sudan
For the fourth consecutive year, Sudan recorded growth in overseas shipments of meat of bovine animals; fresh or chilled, which increased by 71% to 4.1K tons in 2022. Overall, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of meat of bovine animals; fresh or chilled soared to $24M in 2022. Over the period under review, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Meat of Bovine Animals; Fresh or Chilled in Sudan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 5.5 | 3.8 | 3.2 | 10.9 | 25.6% |
| Saudi Arabia | N/A | 1.9 | 3.7 | 8.9 | 116.4% |
| Kuwait | 0.6 | 2.8 | 5.2 | 3.7 | 83.4% |
| Others | 0.2 | 0.3 | 0.3 | 0.8 | 58.7% |
| Total | 6.2 | 8.8 | 12.3 | 24.4 | 57.9% |
Top Export Markets for Meat of Bovine Animals; Fresh or Chilled from Sudan in 2022:
- Egypt (1.7K tons)
- Saudi Arabia (1.5K tons)
- Kuwait (0.7K tons)
Imports of Meat of Bovine Animals; Fresh or Chilled in Sudan
In 2022, after three years of growth, there was significant decline in overseas purchases of meat of bovine animals; fresh or chilled, when their volume decreased by -91.2% to 2 tons. Overall, imports continue to indicate a dramatic shrinkage. The pace of growth was the most pronounced in 2020 when imports increased by 35% against the previous year.
In value terms, imports of meat of bovine animals; fresh or chilled shrank markedly to $10K in 2022. Over the period under review, imports saw a sharp contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 41%.
| Import of Meat of Bovine Animals; Fresh or Chilled in Sudan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 38.5 | 77.6 | 24.3 | 9.2 | -37.9% |
| South Africa | 20.0 | 1.7 | 1.4 | 1.1 | -62.0% |
| Jordan | N/A | N/A | 80.4 | N/A | 0% |
| Others | N/A | 2.9 | N/A | N/A | 0% |
| Total | 58.5 | 82.3 | 106 | 10.3 | -44.0% |
Top Suppliers of Meat of Bovine Animals; Fresh or Chilled to Sudan in 2022:
- United Arab Emirates (1730.0 kg)
- South Africa (235.0 kg)
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