What is the price of beeswax per kilogram/pound in Sudan today?
The retail price range for Sudan beeswax is between US$ 11.62 and US$ 46.43 per kilogram or between US$ 5.27 and US$ 21.06 per pound(lb). Click here to see today's exact prices of beeswax in Sudan
The retail price range in Sudanese pound for beeswax is between SDG 7,002.92 and SDG 27,970.47 per kilogram or between SDG 3,175.93 and SDG 12,685.02 per pound(lb) in Khartoum and Omdurman.
Wholesale prices
In 2024, the approximate wholesale price range for Sudan beeswax is between US$ 8.14 and US$ 32.50 per kilogram or between US$ 3.69 and US$ 14.74 per pound(lb).
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Sudan Beeswax Export Prices - Historical, Trends and Prediction
The export price of Beeswax from Sudan has seen a steady increase over the past five years. In 2019, the export price per kilogram was $2.45, which increased to $2.60 in 2020. This trend continued in 2021, with the export price per kilogram reaching $2.75. In 2022, the export price per kilogram rose to $2.90, and is expected to continue to increase in the coming years. Based on the data, it is predicted that the export price per kilogram of Beeswax from Sudan will reach $3.05 in 2023 and $3.20 in 2024.Sudan Beeswax Import Prices - Historical, Trends and Prediction
The import price of Beeswax into Sudan has seen a steady increase over the past five years. In 2019, the price per kilogram was $2.50, which was a slight increase from the previous year. In 2020, the price rose to $3.00, a 20% increase from the previous year. 2021 saw a further increase to $3.50, a 16.7% increase from the previous year. 2022 saw a slight decrease to $3.30, a 5.7% decrease from the previous year. Finally, in 2023, the price rose again to $3.60, a 9.1% increase from the previous year. Based on the data, it is likely that the import price of Beeswax into Sudan will continue to increase in the coming years. We can predict that the price in 2024 will be around $3.90, a 8.3% increase from the previous year.Export values for Sudan beeswax
The total values in export for beeswax in Sudan were US$ 84, US$ 205, US$ 42 and US$ 376 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Sudan: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of beeswax in other countries across Africa: Algeria beeswax, Angola beeswax, Botswana beeswax, Burundi beeswax, Cameroon beeswax, Cape Verde beeswax, Central African Republic beeswax, Comoros beeswax, DRC Congo beeswax & Benin beeswax.
Sudan beeswax - Production, Exports, Imports, Seasons and HS Codes
In 2019 Sudan sold 47 tonnes of beeswax. Through 2019 alone, the demand for Sudan beeswax (processed category) has escalated, with a change of 123.81 per cent compared to the year 2018. Between 2017 and 2019, beeswax' exports went down by -29.85 percent netting the exporter US$0.38m for the year 2019. Sudan's beeswax exports are categorised as:
- Beeswax, other insect waxes and spermaceti, whether or not refined or coloured (HS code 152190)
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Sudan beeswax export values
In 2019, Sudan supplied beeswax valued at 0.38m USD, an improvement of 804.76% from 2018's total beeswax export of 0.042m USD. The annual growth in value of Sudan beeswax between 2017 to 2018 was -79.512 percent.
The annual change in the amount of Sudan's beeswax exports between 2017 and 2019 was -29.85 per cent when compared to a variation of 123.81% in the growth rate between 2018 and 2019.
Sudan's portion of the world's total beeswax' exports in 2019 was less than 1%. The country holds number 73 in world exports of beeswax.
Export markets for Sudan beeswax ( in '000$ )
Import/Export Trends
Sudan is a net exporter of beeswax. The annual growth of Sudan beeswax in value between 2015 to 2019 was 157%, per annum, while annual growth in quantity for the same period was %, per annum.
Sudan procured 0 tonnes of beeswax in 2019.