Sudan: Metal Wool Market 2025

Metal Wool Market Size in Sudan

The Sudanese metal wool market totaled $X in 2022, rising by 14% 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). In general, consumption continues to indicate a remarkable increase. Metal wool consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Metal Wool Exports

Exports from Sudan

In 2022, shipments abroad of iron or steel wool increased by 6.7% to X kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports recorded significant growth. The growth pace was the most rapid in 2013 when exports increased by 128% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, metal wool exports contracted to $X in 2022. In general, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2019 when exports increased by 172%. Over the period under review, the exports attained the peak figure at $X in 2021, and then dropped in the following year.

Exports by Country

Nigeria (X kg) was the main destination for metal wool exports from Sudan, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Nigeria amounted to +39.2%.

In value terms, Nigeria ($X) also remains the key foreign market for iron or steel wool exports from Sudan.

From 2012 to 2022, the average annual rate of growth in terms of value to Nigeria stood at +65.0%.

Export Prices by Country

In 2022, the average metal wool export price amounted to $X per ton, shrinking by -14.1% against the previous year. Overall, the export price, however, showed a resilient increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 57% against the previous year. The export price peaked at $X per ton in 2021, and then fell in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Nigeria amounted to +18.5% per year.

Metal Wool Imports

Imports into Sudan

In 2022, metal wool imports into Sudan rose markedly to X tons, increasing by 10% compared with 2021. Over the period under review, imports saw a resilient expansion. The most prominent rate of growth was recorded in 2013 with an increase of 181%. Over the period under review, imports attained the peak figure at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, metal wool imports surged to $X in 2022. Overall, imports showed resilient growth. The pace of growth appeared the most rapid in 2013 when imports increased by 292%. Over the period under review, imports attained the maximum at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

Egypt (X tons), China (X tons) and Saudi Arabia (X tons) were the main suppliers of metal wool imports to Sudan, together comprising 94% of total imports.

From 2012 to 2022, the biggest increases were recorded for Saudi Arabia (with a CAGR of +35.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest metal wool suppliers to Sudan were China ($X), Egypt ($X) and India ($X), together accounting for 98% of total imports. Saudi Arabia and Uganda lagged somewhat behind, together comprising a further 1.1%.

Saudi Arabia, with a CAGR of +34.8%, recorded the highest rates of growth with regard to the value of imports, among 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 2022, the average metal wool import price amounted to $X per ton, with an increase of 6.4% against the previous year. Over the period under review, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +7.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal wool import price increased by +95.2% against 2018 indices. The growth pace was the most rapid in 2013 when the average import price increased by 40% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Uganda ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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