Report Update Nov 1, 2024

Sudan - Lifting Equipment - Market Analysis, Forecast, Size, Trends and Insights

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Sudan: Lifting Equipment Market 2024

Lifting Equipment Market Size in Sudan

The Sudanese lifting equipment market surged to $X in 2021, picking up by 396% 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 enjoyed a significant expansion. Over the period under review, the market attained the peak level in 2021 and is expected to retain growth in the immediate term.

Lifting Equipment Exports

Exports from Sudan

In 2021, approx. less than X units of lifting equipment were exported from Sudan; remaining constant against 2020 figures. In general, exports continue to indicate a relatively flat trend pattern.

In value terms, lifting equipment exports stood at less than $X in 2021. Overall, exports saw a relatively flat trend pattern.

Lifting Equipment Imports

Imports into Sudan

In 2021, the amount of lifting equipment imported into Sudan soared to X units, growing by 497% compared with the previous year's figure. In general, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, lifting equipment imports skyrocketed to $X in 2021. Overall, imports posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 1,195%. Imports peaked in 2021 and are likely to see gradual growth in years to come.

Imports by Country

In 2021, Belgium (X units) was the main lifting equipment supplier to Sudan, accounting for a 97% share of total imports. It was followed by Japan (X units), with a 0.5% share of total imports. The United Arab Emirates (X units) ranked third in terms of total imports with a 0.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Belgium totaled +80.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-7.4% per year) and the United Arab Emirates (-21.7% per year).

In value terms, Belgium ($X) constituted the largest supplier of lifting equipment to Sudan, comprising 9.8% of total imports. The second position in the ranking was taken by Japan ($X), with a 3.6% share of total imports. It was followed by the UK, with a 3.2% share.

From 2012 to 2021, the average annual growth rate of value from Belgium totaled +69.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+10.7% per year) and the UK (+10.9% per year).

Import Prices by Country

In 2021, the average lifting equipment import price amounted to $X per unit, shrinking by -68% against the previous year. Over the period under review, the import price, however, enjoyed moderate growth. The pace of growth appeared the most rapid in 2013 an increase of 171%. The import price peaked at $X per unit in 2017; however, from 2018 to 2021, import prices stood at a somewhat 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 Japan ($X per unit), while the price for Belgium ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+17.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lifting equipment in the world?

The countries with the highest volumes of lifting equipment consumption in 2020 were China, the United States and India, with a combined 35% share of global consumption. Italy, Japan, Germany, Brazil, Russia, Pakistan, Bangladesh, Indonesia, France and Ethiopia lagged somewhat behind, together comprising a further 33%.

What are the largest producers of lifting equipment in the world?

China remains the largest lifting equipment producing country worldwide, accounting for 21% of total volume. Moreover, lifting equipment production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with a 7.1% share.

What are the leading suppliers of lifting equipment to Sudan?

In value terms, Saudi Arabia constituted the largest supplier of lifting equipment to Sudan.

What is the average import price for lifting equipment in Sudan?

The average lifting equipment import price stood at $20,380 per unit in 2020, surging by 22% against the previous year.

This report provides an in-depth analysis of the lifting equipment market in Sudan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28221470 - Lifting equipment (excluding overhead travelling cranes, t ower, transporter, gantry, portal, bridge or pedestal jib cranes, mobile lifting frames or straddle carriers, selfpropelled machinery)

Country coverage:

Sudan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Sudan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023