Sudan: Metal Domestic Furniture Market 2024

Metal Domestic Furniture Market Size in Sudan

The Sudanese metal domestic furniture market surged to $X in 2022, picking up 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). In general, consumption continues to indicate a buoyant increase. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Metal Domestic Furniture Exports

Exports from Sudan

In 2022, approx. X tons of metal furniture were exported from Sudan; declining by X% on 2021. Over the period under review, exports recorded a mild reduction. The pace of growth was the most pronounced in 2016 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, metal domestic furniture exports reached $X in 2022. Overall, exports, however, recorded a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

Senegal (X tons) was the main destination for metal domestic furniture exports from Sudan, accounting for a X% share of total exports. Moreover, metal domestic furniture exports to Senegal exceeded the volume sent to the second major destination, Switzerland (X tons), sevenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Senegal was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (X% per year) and Thailand (X% per year).

In value terms, the largest markets for metal domestic furniture exported from Sudan were Senegal ($X), Switzerland ($X) and Thailand ($X), together comprising X% of total exports.

Thailand, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average metal domestic furniture export price stood at $X per ton in 2022, growing by X% against the previous year. Overall, the export price enjoyed a resilient increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2020; afterwards, it flattened through to 2022.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($X per ton), while the average price for exports to Senegal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ethiopia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Metal Domestic Furniture Imports

Imports into Sudan

After two years of decline, supplies from abroad of metal furniture increased by X% to X tons in 2022. Over the period under review, imports showed measured growth. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, metal domestic furniture imports skyrocketed to $X in 2022. In general, imports saw a resilient increase. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest metal domestic furniture supplier to Sudan, accounting for a X% share of total imports. Moreover, metal domestic furniture imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), sevenfold. The third position in this ranking was taken by the United Arab Emirates (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and the United Arab Emirates (X% per year).

In value terms, China ($X) constituted the largest supplier of metal furniture to Sudan, comprising X% of total imports. The second position in the ranking was taken by Turkey ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

The average metal domestic furniture import price stood at $X per ton in 2022, picking up by X% against the previous year. In general, the import price continues to indicate a strong expansion. The growth pace was the most rapid in 2013 an increase of X% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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 ($X per ton), while the price for the United Arab Emirates ($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 (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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