Sudan: Electrical Circuit Apparatus Market 2022

Electrical Circuit Apparatus Market Size in Sudan

The Sudanese electrical circuit apparatus market shrank slightly to $X in 2021, which is down by -4.2% 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). The market value increased at an average annual rate of +5.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Electrical Circuit Apparatus Exports

Exports from Sudan

In 2021, the amount of electrical apparatus for circuit connection, switching and protection exported from Sudan skyrocketed to X tons, with an increase of 113% compared with 2020. In general, exports showed a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, electrical circuit apparatus exports expanded remarkably to $X in 2021. Overall, exports, however, recorded a pronounced curtailment. The growth pace was the most rapid in 2015 with an increase of 101% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Sri Lanka (X tons) was the main destination for electrical circuit apparatus exports from Sudan, accounting for a 62% share of total exports. Moreover, electrical circuit apparatus exports to Sri Lanka exceeded the volume sent to the second major destination, Uzbekistan (X kg), threefold. The third position in this ranking was held by China (X kg), with a 7.3% share.

From 2012 to 2021, the average annual growth rate of volume to Sri Lanka stood at +91.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (0.0% per year) and China (+69.4% per year).

In value terms, Uzbekistan ($X) emerged as the key foreign market for electrical circuit apparatus exports from Sudan, comprising 60% of total exports. The second position in the ranking was held by Sweden ($X), with a 16% share of total exports. It was followed by Sri Lanka, with a 9.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Uzbekistan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (-0.3% per year) and Sri Lanka (+66.5% per year).

Export Prices by Country

In 2021, the average electrical circuit apparatus export price amounted to $X per ton, which is down by -49% against the previous year. Overall, the export price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when the average export price increased by 37%. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Uzbekistan ($X per ton), while the average price for exports to Sri Lanka ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Zimbabwe (+82.5%), while the prices for the other major destinations experienced more modest paces of growth.

Electrical Circuit Apparatus Imports

Imports into Sudan

In 2021, approx. X tons of electrical apparatus for circuit connection, switching and protection were imported into Sudan; waning by -5.1% compared with the previous year. Overall, total imports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +9.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +6.8% against 2019 indices. The growth pace was the most rapid in 2013 with an increase of 53% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, electrical circuit apparatus imports dropped slightly to $X in 2021. The total import value increased at an average annual rate of +4.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when imports increased by 42%. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of electrical circuit apparatus to Sudan, accounting for a 66% share of total imports. Moreover, electrical circuit apparatus imports from China exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X tons), fivefold. The United Arab Emirates (X tons) ranked third in terms of total imports with an 8.6% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +17.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (+36.2% per year) and the United Arab Emirates (-2.0% per year).

In value terms, China ($X) constituted the largest supplier of electrical circuit apparatus to Sudan, comprising 50% of total imports. The second position in the ranking was taken by India ($X), with an 11% share of total imports. It was followed by the United Arab Emirates, with an 8.7% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +12.8%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+12.0% per year) and the United Arab Emirates (-1.3% per year).

Import Prices by Country

In 2021, the average electrical circuit apparatus import price amounted to $X per ton, remaining relatively unchanged against the previous year. In general, the import price, however, recorded a pronounced reduction. The pace of growth appeared the most rapid in 2015 when the average import price increased by 2.7%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+17.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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