2023-05-03 02:55:00
International consumer goods manufacturers scrambled to increase stockpiles of gum arabic amid conflict in Sudan. Gum arabic is one of Sudan’s most popular products and a key ingredient in carbonated drinks, confectionery and cosmetics.
▲ People familiar with the situation are worried that if the civil war in Sudan cannot be stopped in the short term, the inventories of Coca-Cola and other carbonated beverage companies will be exhausted within half a year. (Schematic diagram / flip from pixabay)
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About 70 percent of the world’s supply of gum arabic comes from the Acacia tree in Africa’s Sahel region, which runs through Sudan, Africa’s third-largest country, which is currently under pressure from regular troops. and paramilitary forces.
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Exporters and sources in the industry told Archyde.com that gum arabic-dependent companies such as Coca-Cola Co and PepsiCo have long been stockpiling gum arabic, some for three to six months, amid concerns over ongoing insecurity in Sudan. stock to avoid shortages.
However, past conflicts in Sudan have tended to focus on faraway places like Darfur. But this time, the capital, Khartoum, was brought to a standstill by the fighting that broke out on April 15, paralyzing the economy and disrupting basic communications.
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Richard Finnegan, group purchasing manager at the Kerry Group, a supplier of gum arabic to most major food and drink companies, said: “Depending on how long the conflict lasts, there is likely to be an impact on the finished product of a household name on the shelf. Influence.”
Finnegan estimates that current stocks of gum arabic will be depleted within five to six months, a sentiment echoed by Martijn Bergkamp, a partner at Dutch supplier FOGA Gum, who estimates stocks at three to six months. exhausted within.
Global production of gum arabic is regarding 120,000 metric tons worth $1.1 billion a year, much of it extracted from the “gum belt” that stretches 500 miles from east to west in Africa, according to estimates cited by the Kerry Group.
Twelve exporters, suppliers and distributors contacted by Archyde.com said trade in gum arabic had stalled.
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