Sudan: Market for Iron Or Steel Leaf-Springs And Leaves 2022

Market Size for Iron Or Steel Leaf-Springs And Leaves in Sudan

The Sudanese market for iron or steel leaf-springs and leaves soared to $X in 2020, rising by X% 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). Over the period under review, consumption recorded a strong expansion. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Consumption peaked at $X in 2013; however, from 2014 to 2020, consumption failed to regain the momentum.

Exports of Iron Or Steel Leaf-Springs And Leaves

Exports from Sudan

In 2020, shipments abroad of iron or steel leaf-springs and leaves decreased by -X% to X kg, falling for the tenth consecutive year after four years of growth. In general, exports recorded a deep slump. The pace of growth was the most pronounced in 2010 when exports increased by X% year-to-year. As a result, exports attained the peak of X kg. from 2011 to 2020, the growth of exports remained at a lower figure.

In value terms, exports of iron or steel leaf-springs and leaves dropped dramatically to $X in 2020. Overall, exports faced a abrupt slump. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. As a result, exports reached the peak of $X. from 2011 to 2020, the growth of exports remained at a somewhat lower figure.

Exports by Country

China (X kg) was the main destination for exports of iron or steel leaf-springs and leaves from Sudan, with a approx. X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to China amounted to -X%.

In value terms, China ($X) also remains the key foreign market for iron or steel leaf-spring and leave exports from Sudan.

From 2007 to 2020, the average annual rate of growth in terms of value to China stood at -X%.

Export Prices by Country

The average export price for iron or steel leaf-springs and leaves stood at $X per ton in 2020, dropping by -X% against the previous year. Over the period under review, the export price recorded a deep setback. The growth pace was the most rapid in 2010 an increase of X% y-o-y. The export price peaked at $X per ton in 2007; however, from 2008 to 2020, export prices remained at a lower figure.

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

From 2007 to 2020, the rate of growth in terms of prices for China amounted to -X% per year.

Imports of Iron Or Steel Leaf-Springs And Leaves

Imports into Sudan

In 2020, the amount of iron or steel leaf-springs and leaves imported into Sudan skyrocketed to X tons, growing by X% compared with 2019. In general, imports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2008 when imports increased by X% year-to-year. Imports peaked at X tons in 2013; however, from 2014 to 2020, imports failed to regain the momentum.

In value terms, imports of iron or steel leaf-springs and leaves surged to $X in 2020. Over the period under review, imports enjoyed a resilient expansion. The growth pace was the most rapid in 2008 when imports increased by X% year-to-year. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, the United Arab Emirates (X tons) constituted the largest supplier of iron or steel leaf-spring and leave to Sudan, with a X% share of total imports. Moreover, imports of iron or steel leaf-springs and leaves from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, India (X tons), twofold. The third position in this ranking was occupied by Egypt (X tons), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from the United Arab Emirates totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+X% per year) and Egypt (+X% per year).

In value terms, the United Arab Emirates ($X), India ($X) and Egypt ($X) appeared to be the largest iron or steel leaf-spring and leave suppliers to Sudan, with a combined X% share of total imports.

Egypt 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 more modest paces of growth.

Import Prices by Country

In 2020, the average import price for iron or steel leaf-springs and leaves amounted to $X per ton, therefore, remained relatively stable against the previous year. In general, the import price, however, recorded a pronounced decrease. The pace of growth was the most pronounced in 2008 when the average import price increased by X% y-o-y. As a result, import price attained the peak level of $X per ton. from 2009 to 2020, the growth in terms of the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Egypt ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Egypt, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :