Sudan: Market for Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips 2024

Market Size for Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips in Sudan

The Sudanese market for unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips reduced markedly to $X in 2021, with a decrease of -84.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a abrupt decrease. Consumption of peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Exports of Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips

Exports from Sudan

In 2021, overseas shipments of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips increased by 17% to X kg, rising for the second consecutive year after two years of decline. Overall, exports showed a strong increase. The pace of growth was the most pronounced in 2014 with an increase of 600%. Over the period under review, the exports of hit record highs at X kg in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips skyrocketed to $X in 2021. Over the period under review, exports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 685% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Mexico (X kg) was the main destination for exports of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips from Sudan, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Mexico stood at +14.9%.

In value terms, Mexico ($X) also remains the key foreign market for unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips exports from Sudan.

From 2012 to 2021, the average annual rate of growth in terms of value to Mexico stood at +14.7%.

Export Prices by Country

The average export price for unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips stood at $X per ton in 2021, surging by 2.9% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average export price increased by 60% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Mexico.

From 2012 to 2021, the rate of growth in terms of prices for Mexico amounted to -0.2% per year.

Imports of Unmounted Inserts for Tools, Sintered Metal Carbides or Cermet Plates, Sticks, Tips

Imports into Sudan

In 2021, imports of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips into Sudan fell significantly to X kg, waning by -80.4% compared with 2020 figures. In general, imports saw a abrupt contraction. The growth pace was the most rapid in 2016 when imports increased by 260% against the previous year. Imports peaked at X kg in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, imports of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips dropped rapidly to $X in 2021. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 370% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

India (X kg), Belarus (X kg) and Belgium (X kg) were the main suppliers of imports of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips to Sudan, together accounting for 76% of total imports. Austria, Egypt, Bulgaria, Sweden, Turkey and Germany lagged somewhat behind, together accounting for a further 20%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Egypt (with a CAGR of +8.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X) constituted the largest supplier of unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips to Sudan, comprising 68% of total imports. The second position in the ranking was held by India ($X), with a 9.7% share of total imports. It was followed by Austria, with a 6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Belgium totaled +13.7%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+9.8% per year) and Austria (-7.1% per year).

Import Prices by Country

In 2021, the average import price for unmounted inserts for tools, sintered metal carbides or cermet plates, sticks, tips amounted to $X per ton, falling by -16.3% against the previous year. Overall, the import price, however, saw buoyant growth. The growth pace was the most rapid in 2018 an increase of 76%. The import price peaked at $X per ton in 2020, and then declined rapidly in the following year.

Prices varied noticeably country of origin: the country with the highest price was Belgium ($X per ton), while the price for Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+24.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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