Price for Buckwheat, Millet and Canary Seed; Other Cereals in Sudan - 2022

Contents:

  1. Price for Buckwheat, Millet and Canary Seed; Other Cereals in Sudan (CIF) - 2022
  2. Price for Buckwheat, Millet and Canary Seed; Other Cereals in Sudan (FOB) - 2022
  3. Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Sudan
  4. Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Sudan

Price for Buckwheat, Millet and Canary Seed; Other Cereals in Sudan (CIF) - 2022

In 2022, the average import price for buckwheat, millet and canary seed; other cerealses amounted to $2,689 per ton, growing by 18% against the previous year. In general, the import price posted strong growth. The growth pace was the most rapid in 2019 when the average import price increased by 114%. The import price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($2,618 per ton), while the price for South Africa amounted to $1,918 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+17.8%).

Price for Buckwheat, Millet and Canary Seed; Other Cereals in Sudan (FOB) - 2022

The average export price for buckwheat, millet and canary seed; other cerealses stood at $1,553 per ton in 2022, with an increase of 114% against the previous year. Over the period under review, the export price continues to indicate a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($3,063 per ton), while the average price for exports to Kuwait ($619 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 Yemen (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Sudan

In 2022, purchases abroad of buckwheat, millet and canary seed; other cerealses decreased by -13.4% to 64 tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, posted resilient growth. The most prominent rate of growth was recorded in 2020 when imports increased by 266%. As a result, imports reached the peak of 147 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of buckwheat, millet and canary seed; other cerealses rose slightly to $173K in 2022. Overall, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 448% against the previous year. As a result, imports reached the peak of $234K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Buckwheat, Millet and Canary Seed; Other Cereals in Sudan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India28.921615415575.0%
South Africa4.17.67.47.522.3%
Others9.710.67.79.70.0%
Total42.723416917359.4%

Top Suppliers of Buckwheat, Millet and Canary Seed; Other Cereals to Sudan in 2022:

  1. India (59.4 tons)
  2. South Africa (3.9 tons)

Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Sudan

For the third year in a row, Sudan recorded decline in overseas shipments of buckwheat, millet and canary seed; other cerealses, which decreased by -91.9% to 2.2 tons in 2022. Overall, exports saw a significant decline. The smallest decline of -0.4% was in 2021.

In value terms, exports of buckwheat, millet and canary seed; other cerealses fell dramatically to $3.4K in 2022. Over the period under review, exports showed a significant curtailment. The smallest decline of -0.5% was in 2021.

Export of Buckwheat, Millet and Canary Seed; Other Cereals in Sudan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt37.58.914.11.8-63.7%
Saudi Arabia74.88.21.61.2-74.8%
Bahrain0.90.20.50.1-51.9%
Kuwait4.90.91.20.1-72.7%
Qatar1.40.40.60.1-58.5%
United Kingdom1.00.30.60.1-53.6%
Yemen2.50.40.4N/A-60.0%
Others0.10.20.5N/A123.6%
Total12319.619.53.4-69.8%

Top Export Markets for Buckwheat, Millet and Canary Seed; Other Cereals from Sudan in 2022:

  1. Egypt (1311.0 kg)
  2. Saudi Arabia (395.0 kg)
  3. Kuwait (202.0 kg)
  4. Qatar (92.0 kg)
  5. Bahrain (70.0 kg)
  6. United Kingdom (44.0 kg)
  7. Yemen (28.0 kg)

Source: IndexBox Market Intelligence Platform

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