Sudan: Market for Granules, Chippings And Powder Of Monumental Stone 2024

Market Size for Granules, Chippings And Powder Of Monumental Stone in Sudan

For the third consecutive year, the Sudanese market for granules, chippings and powder of monumental stone recorded growth in sales value, which increased by 64% to $X in 2021. In general, consumption continues to indicate a significant increase. Over the period under review, the market hit record highs in 2021 and is likely to see steady growth in years to come.

Exports of Granules, Chippings And Powder Of Monumental Stone

Exports from Sudan

In 2021, exports of granules, chippings and powder of monumental stone from Sudan dropped remarkably to X tons, falling by -18.6% on the year before. Over the period under review, exports saw a sharp descent. The growth pace was the most rapid in 2013 when exports increased by 241%. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, monumental stone granules and powder exports totaled $X in 2021. Overall, exports recorded a precipitous slump. The pace of growth was the most pronounced in 2013 when exports increased by 172%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for monumental stone granules and powder exports from Sudan, accounting for a 78% share of total exports. Moreover, monumental stone granules and powder exports to the United Arab Emirates exceeded the volume sent to the second major destination, Indonesia (X kg), sevenfold. The third position in this ranking was held by China (X kg), with a 6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United Arab Emirates amounted to +31.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (+8.3% per year) and China (+45.4% per year).

In value terms, Ireland ($X) remains the key foreign market for granules, chippings and powder of monumental stone exports from Sudan, comprising 77% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 14% share of total exports. It was followed by Indonesia, with an 8.2% share.

From 2012 to 2021, the average annual growth rate of value to Ireland stood at -8.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-2.2% per year) and Indonesia (+21.7% per year).

Export Prices by Country

In 2021, the average export price for granules, chippings and powder of monumental stone amounted to $X per ton, jumping by 23% against the previous year. In general, the export price, however, recorded a deep setback. The pace of growth was the most pronounced in 2019 when the average export price increased by 175%. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ireland ($X per ton), while the average price for exports to the United Arab Emirates ($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 Indonesia (+12.8%), while the prices for the other major destinations experienced a decline.

Imports of Granules, Chippings And Powder Of Monumental Stone

Imports into Sudan

In 2021, supplies from abroad of granules, chippings and powder of monumental stone increased by 60% to X tons, rising for the third consecutive year after five years of decline. Overall, imports saw a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 540% against the previous year. Imports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, monumental stone granules and powder imports soared to $X in 2021. In general, imports enjoyed a strong expansion. The growth pace was the most rapid in 2013 when imports increased by 562% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Turkey (X tons) constituted the largest supplier of monumental stone granules and powder to Sudan, accounting for a 81% share of total imports. Moreover, monumental stone granules and powder imports from Turkey exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X tons), fourfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Turkey stood at +81.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (+71.1% per year) and Egypt (-52.5% per year).

In value terms, the largest monumental stone granules and powder suppliers to Sudan were Saudi Arabia ($X), Turkey ($X) and Egypt ($X), with a combined 98% share of total imports.

Turkey, with a CAGR of +65.3%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average import price for granules, chippings and powder of monumental stone amounted to $X per ton, rising by 5% against the previous year. Overall, the import price, however, continues to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2015 an increase of 37%. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+103.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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