Report Update Nov 1, 2024

Sudan - Non-Self-Propelled Fork-Lift Trucks - Market Analysis, Forecast, Size, Trends and Insights

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Sudan: Non-Self-Propelled Fork-Lift Truck Market 2024

Non-Self-Propelled Fork-Lift Truck Market Size in Sudan

After two years of growth, the Sudanese non-self-propelled fork-lift truck market decreased by -29.1% to $X in 2022. Overall, consumption, however, showed resilient growth. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Non-Self-Propelled Fork-Lift Truck Exports

Exports from Sudan

In 2022, overseas shipments of non-self-propelled fork-lift trucks decreased by 0% to X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports saw a abrupt downturn. The growth pace was the most rapid in 2019 when exports increased by 10,246% against the previous year. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, non-self-propelled fork-lift truck exports amounted to $X in 2022. In general, exports recorded pronounced growth. The most prominent rate of growth was recorded in 2019 when exports increased by 146% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

Turkey (X units) was the main destination for non-self-propelled fork-lift truck exports from Sudan, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Turkey amounted to -7.7%.

From 2012 to 2022, the average annual growth rate of value to Turkey totaled +461.6%.

Export Prices by Country

In 2022, the average non-self-propelled fork-lift truck export price amounted to $X per unit, remaining constant against the previous year. Over the period under review, the export price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2013 when the average export price decreased by -22.8% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +508.6% per year.

Non-Self-Propelled Fork-Lift Truck Imports

Imports into Sudan

In 2022, imports of non-self-propelled fork-lift trucks into Sudan declined notably to X units, reducing by -22.3% compared with the previous year's figure. Over the period under review, imports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 413%. Over the period under review, imports attained the maximum at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, non-self-propelled fork-lift truck imports fell dramatically to $X in 2022. Overall, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when imports increased by 407% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Ecuador (X units) constituted the largest non-self-propelled fork-lift truck supplier to Sudan, with a 84% share of total imports. Moreover, non-self-propelled fork-lift truck imports from Ecuador exceeded the figures recorded by the second-largest supplier, China (X units), more than tenfold. Japan (X units) ranked third in terms of total imports with a 2.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Ecuador totaled +83.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-10.7% per year) and Japan (+8.4% per year).

In value terms, Ecuador ($X) constituted the largest supplier of non-self-propelled fork-lift trucks to Sudan, comprising 77% of total imports. The second position in the ranking was held by Japan ($X), with a 4.4% share of total imports. It was followed by South Korea, with a 2.1% share.

From 2012 to 2022, the average annual growth rate of value from Ecuador stood at +75.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-7.5% per year) and South Korea (-4.1% per year).

Import Prices by Country

The average non-self-propelled fork-lift truck import price stood at $X per unit in 2022, which is down by -15.7% against the previous year. In general, the import price faced a deep downturn. The pace of growth appeared the most rapid in 2021 when the average import price increased by 80% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per unit), while the price for Turkey ($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 (+5.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for non-self-propelled fork-lift trucks in the world?

China remains the largest non-self-propelled fork-lift truck consuming country worldwide, comprising approx. 43% of total volume. Moreover, non-self-propelled fork-lift truck consumption in China exceeded the figures recorded by the second-largest consumer, South Africa, threefold. The third position in this ranking was occupied by the United States, with a 3.4% share.

What are the largest producers of non-self-propelled fork-lift trucks in the world?

China constituted the country with the largest volume of non-self-propelled fork-lift truck production, accounting for 69% of total volume. Moreover, non-self-propelled fork-lift truck production in China exceeded the figures recorded by the second-largest producer, the United States, more than tenfold. The third position in this ranking was occupied by India, with a 3.7% share.

What are the leading suppliers of non-self-propelled fork-lift trucks to Sudan?

In value terms, the largest non-self-propelled fork-lift truck suppliers to Sudan were China, Ecuador and Japan, together accounting for 55% of total imports.

What is the average export price for non-self-propelled fork-lift trucks in Sudan?

In 2019, the average non-self-propelled fork-lift truck export price amounted to $265 per unit, surging by 64% against the previous year.

What is the average import price for non-self-propelled fork-lift trucks in Sudan?

The average non-self-propelled fork-lift truck import price stood at $87 per unit in 2021, dropping by -13% against the previous year.

This report provides an in-depth analysis of the non-self-propelled fork-lift truck market in Sudan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28221550 - Fork-lift trucks and other works trucks fitted with lifting or handling equipment (excluding self-propelled trucks)

Country coverage:

Sudan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Sudan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023