Sudan: Market for Electrical Lighting Or Visual Signaling Equipment For Motor Vehicles And Cycles 2024

Market Size for Electrical Lighting Or Visual Signaling Equipment For Motor Vehicles And Cycles in Sudan

In 2022, the Sudanese market for electrical lighting or visual signaling equipment for motor vehicles and cycles increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption, however, continues to indicate a deep slump. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Exports of Electrical Lighting Or Visual Signaling Equipment For Motor Vehicles And Cycles

Exports from Sudan

In 2021, approx. X units of electrical lighting or visual signaling equipment for motor vehicles and cycles were exported from Sudan; growing by X% compared with 2020. Overall, exports enjoyed a slight expansion. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are likely to continue growth in the near future.

In value terms, lighting equipment for motor vehicles exports skyrocketed to $X in 2021. In general, exports recorded significant growth. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Thailand (X units) was the main destination for lighting equipment for motor vehicles exports from Sudan, accounting for a X% share of total exports. Moreover, lighting equipment for motor vehicles exports to Thailand exceeded the volume sent to the second major destination, Morocco (X units), twofold. Sri Lanka (X units) ranked third in terms of total exports with a X% share.

From 2013 to 2021, the average annual rate of growth in terms of volume to Thailand was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Morocco (X% per year) and Sri Lanka (X% per year).

In value terms, Thailand ($X) emerged as the key foreign market for electrical lighting or visual signaling equipment for motor vehicles and cycles exports from Sudan, comprising X% of total exports. The second position in the ranking was held by Morocco ($X), with a X% share of total exports. It was followed by Ukraine, with a X% share.

From 2013 to 2021, the average annual growth rate of value to Thailand was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Morocco (X% per year) and Ukraine (X% per year).

Export Prices by Country

In 2021, the average export price for electrical lighting or visual signaling equipment for motor vehicles and cycles amounted to $X per unit, picking up by X% against the previous year. Overall, the export price enjoyed significant growth. Over the period under review, the average export prices attained the maximum at $X per unit in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Thailand ($X per unit), while the average price for exports to Sri Lanka ($X per unit) was amongst the lowest.

From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (X%).

Imports of Electrical Lighting Or Visual Signaling Equipment For Motor Vehicles And Cycles

Imports into Sudan

In 2022, purchases abroad of electrical lighting or visual signaling equipment for motor vehicles and cycles was finally on the rise to reach X units after two years of decline. In general, imports, however, faced a deep slump. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, lighting equipment for motor vehicles imports soared to $X in 2022. Overall, imports, however, saw a deep downturn. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of lighting equipment for motor vehicles to Sudan, with a X% share of total imports. Moreover, lighting equipment for motor vehicles imports from China exceeded the figures recorded by the second-largest supplier, India (X units), more than tenfold. Thailand (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Thailand (X% per year).

In value terms, China ($X) constituted the largest supplier of electrical lighting or visual signaling equipment for motor vehicles and cycles to Sudan, comprising X% of total imports. The second position in the ranking was held by India ($X), with a X% share of total imports. It was followed by Thailand, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Thailand (X% per year).

Import Prices by Country

The average import price for electrical lighting or visual signaling equipment for motor vehicles and cycles stood at $X per unit in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of X%. The import price peaked at $X per unit in 2012; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per unit), while the price for the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :