Sudan: Non-Enclosed Loudspeakers Market 2024

Non-Enclosed Loudspeakers Market Size in Sudan

The Sudanese non-enclosed loudspeakers market fell notably to $X in 2021, waning by -34.8% 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, however, recorded a moderate expansion. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Non-Enclosed Loudspeakers Exports

Exports from Sudan

In 2021, after three years of growth, there was significant decline in shipments abroad of loudspeakers (not in enclosure), when their volume decreased by -86.6% to X units. Over the period under review, exports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2018 with an increase of 186%. Over the period under review, the exports reached the maximum at X units in 2020, and then shrank markedly in the following year.

In value terms, non-enclosed loudspeakers exports declined rapidly to $X in 2021. In general, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 162% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Ethiopia (X units) was the main destination for non-enclosed loudspeakers exports from Sudan, with a 83% share of total exports. Moreover, non-enclosed loudspeakers exports to Ethiopia exceeded the volume sent to the second major destination, Sri Lanka (X units), more than tenfold. The third position in this ranking was held by Egypt (X units), with a 6% share.

From 2012 to 2021, the average annual growth rate of volume to Ethiopia stood at -15.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sri Lanka (0.0% per year) and Egypt (0.0% per year).

In value terms, Sri Lanka ($X) emerged as the key foreign market for loudspeakers (not in enclosure) exports from Sudan, comprising 78% of total exports. The second position in the ranking was taken by Ethiopia ($X), with a 19% share of total exports. It was followed by Uganda, with a 1.7% share.

From 2012 to 2021, the average annual growth rate of value to Sri Lanka was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Ethiopia (-18.6% per year) and Uganda (-33.4% per year).

Export Prices by Country

The average non-enclosed loudspeakers export price stood at $X per unit in 2021, growing by 119% against the previous year. Overall, the export price enjoyed a buoyant increase. The growth pace was the most rapid in 2016 when the average export price increased by 432%. As a result, the export price attained the peak level of $X per unit. From 2017 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Sri Lanka ($X per unit), while the average price for exports to Egypt ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+189.6%), while the prices for the other major destinations experienced a decline.

Non-Enclosed Loudspeakers Imports

Imports into Sudan

In 2021, imports of loudspeakers (not in enclosure) into Sudan reduced notably to X units, shrinking by -36.9% on the previous year's figure. In general, imports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2016 when imports increased by 898%. As a result, imports reached the peak of X units. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, non-enclosed loudspeakers imports dropped dramatically to $X in 2021. Over the period under review, imports continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2016 with an increase of 430%. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of non-enclosed loudspeakers to Sudan, with a 67% share of total imports. Moreover, non-enclosed loudspeakers imports from China exceeded the figures recorded by the second-largest supplier, Hong Kong SAR (X units), tenfold. The third position in this ranking was taken by the United Arab Emirates (X units), with a 5.1% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +11.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+168.1% per year) and the United Arab Emirates (+11.7% per year).

In value terms, China ($X) constituted the largest supplier of loudspeakers (not in enclosure) to Sudan, comprising 48% of total imports. The second position in the ranking was held by India ($X), with a 15% share of total imports. It was followed by the United Arab Emirates, with a 5.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at -6.5%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+38.3% per year) and the United Arab Emirates (+3.1% per year).

Import Prices by Country

The average non-enclosed loudspeakers import price stood at $X per unit in 2021, growing by 9.5% against the previous year. Over the period under review, the import price, however, faced a abrupt decline. The most prominent rate of growth was recorded in 2019 an increase of 19% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was India ($X per unit), while the price for Egypt ($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 United Arab Emirates (-7.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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