South Sudan

Market Monitoring Profile: Akobo Markets - Akobo County, Jonglei State (November 2016)

Attachments

Key Findings

  • Akobo market is the only functioning market in North-Eastern Jonglei State, though its current capacity is low due to the economic crisis and limited supply routes.
  • Annual supply route constriction caused by the drying of the primary trade river is the market’s greatest constraint.
  • Supply constraints have been exacerbated by the depreciation of the South Sudanese Pound (SSP), which has resulted in a loss of profits for traders operating in Akobo. As a result, fewer traders are now operating in the market, leading to a shortage of goods and an increase in prices.
  • Trade has been further restricted by declining terms of trade due to the devaluation of the SSP against the Ethiopian Birr (Br).