Sudan: Market for Gravel And Crushed Stone 2024

Market Size for Gravel And Crushed Stone in Sudan

In 2021, after two years of decline, there was significant growth in the Sudanese gravel and crushed stone market, when its value increased by 11% to $X. In general, consumption, however, recorded a noticeable descent. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Production of Gravel And Crushed Stone in Sudan

In value terms, gravel and crushed stone production expanded sharply to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a perceptible descent. The pace of growth was the most pronounced in 2018 when the production volume increased by 45% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Gravel And Crushed Stone

Exports from Sudan

In 2021, exports of gravel and crushed stone from Sudan fell significantly to X tons, dropping by -57.7% on the previous year's figure. Over the period under review, exports recorded a significant decrease. The growth pace was the most rapid in 2013 with an increase of 398%. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, gravel and crushed stone exports shrank rapidly to $X in 2021. Overall, exports saw a sharp slump. The growth pace was the most rapid in 2013 with an increase of 244% against the previous year. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Egypt (X kg) was the main destination for gravel and crushed stone exports from Sudan, accounting for a 19% share of total exports. Moreover, gravel and crushed stone exports to Egypt exceeded the volume sent to the second major destination, China (X kg), fourfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Egypt amounted to -13.1%.

In value terms, China ($X) emerged as the key foreign market for gravel and crushed stone exports from Sudan, comprising 43% of total exports. The second position in the ranking was held by Egypt ($X), with a 21% share of total exports.

From 2012 to 2021, the average annual growth rate of value to China stood at +8.5%.

Export Prices by Country

The average gravel and crushed stone export price stood at $X per ton in 2021, declining by -28.2% against the previous year. Over the period under review, the export price recorded a noticeable reduction. The most prominent rate of growth was recorded in 2019 when the average export price increased by 125% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Egypt stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+26.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Gravel And Crushed Stone

Imports into Sudan

In 2021, approx. X tons of gravel and crushed stone were imported into Sudan; waning by -75.6% on the previous year's figure. In general, imports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2019 with an increase of 60%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, gravel and crushed stone imports contracted dramatically to $X in 2021. Over the period under review, imports continue to indicate a precipitous setback. The growth pace was the most rapid in 2017 with an increase of 20%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Turkey (X tons) constituted the largest supplier of gravel and crushed stone to Sudan, with a 81% share of total imports. Moreover, gravel and crushed stone imports from Turkey exceeded the figures recorded by the second-largest supplier, India (X tons), eightfold. Egypt (X tons) ranked third in terms of total imports with a 5.5% share.

From 2012 to 2021, the average annual growth rate of volume from Turkey stood at +12.5%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-30.5% per year) and Egypt (-30.8% per year).

In value terms, Turkey ($X) constituted the largest supplier of gravel and crushed stone to Sudan, comprising 55% of total imports. The second position in the ranking was held by Egypt ($X), with a 25% share of total imports. It was followed by Germany, with a 7.5% share.

From 2012 to 2021, the average annual growth rate of value from Turkey amounted to +10.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (-20.4% per year) and Germany (+13.5% per year).

Import Prices by Country

The average gravel and crushed stone import price stood at $X per ton in 2021, jumping by 121% against the previous year. Overall, the import price, however, recorded a noticeable reduction. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Egypt ($X per ton), while the price for India ($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 (+15.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :