Sudan: Market for Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft) 2024

Market Size for Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft) in Sudan

The Sudanese market for internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) declined sharply to $X in 2021, which is down by -64% 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). Overall, consumption continues to indicate a deep reduction. Consumption of peaked at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Exports of Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft)

Exports from Sudan

In 2018, exports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) from Sudan amounted to X kg, remaining constant against 2017. In general, exports showed significant growth. The smallest decline of 99.9% was in 2017. The exports peaked in 2018 and are likely to see steady growth in the immediate term.

In value terms, exports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) amounted to $X in 2018. Over the period under review, exports saw a significant expansion. The smallest decline of 99.9% was in 2017. Over the period under review, the exports of reached the peak figure in 2018 and are likely to see gradual growth in years to come.

Exports by Country

Zimbabwe (X kg) was the main destination for exports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) from Sudan, accounting for a approx. 100% share of total exports.

From 2016 to 2018, the average annual growth rate of volume to Zimbabwe was relatively modest.

From 2016 to 2018, the average annual rate of growth in terms of value to Zimbabwe was relatively modest.

Export Prices by Country

The average export price for internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) stood at $X per ton in 2018, standing approx. at the previous year. In general, the export price recorded a significant expansion. The most prominent rate of growth was recorded in 2017 a decrease of 99.9% against the previous year. Over the period under review, the average export prices hit record highs in 2018 and is likely to see steady growth in years to come.

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

From 2016 to 2018, the rate of growth in terms of prices for Zimbabwe amounted to 0.0% per year.

Imports of Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft)

Imports into Sudan

For the fourth year in a row, Sudan recorded decline in overseas purchases of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft), which decreased by -74.7% to X tons in 2021. Over the period under review, imports faced a deep reduction. The most prominent rate of growth was recorded in 2014 when imports increased by 255%. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) declined dramatically to $X in 2021. In general, imports saw a deep contraction. The growth pace was the most rapid in 2014 when imports increased by 69%. Imports peaked at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, South Korea (X tons) constituted the largest supplier of internal combustion engine (excl. diesel, moto vehicle and aircraft) to Sudan, accounting for a 29% share of total imports. Moreover, imports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) from South Korea exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), twofold. The third position in this ranking was taken by Thailand (X tons), with an 8.1% share.

From 2012 to 2021, the average annual growth rate of volume from South Korea totaled -5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (-16.7% per year) and Thailand (-21.6% per year).

In value terms, the largest internal combustion engine (excl. diesel, moto vehicle and aircraft) suppliers to Sudan were Thailand ($X), Japan ($X) and the United Arab Emirates ($X), with a combined 75% share of total imports. These countries were followed by China, Jordan, South Korea and Egypt, which together accounted for a further 12%.

Jordan, with a CAGR of +33.2%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) amounted to $X per ton, jumping by 78% against the previous year. Over the period under review, the import price saw a strong increase. The pace of growth was the most pronounced in 2018 when the average import price increased by 98% against the previous year. Over the period under review, average import prices attained the peak figure in 2021 and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+24.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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