Report Update Nov 1, 2024

Sudan - Parts of Ball or Roller Bearings - Market Analysis, Forecast, Size, Trends and Insights

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Sudan: Ball Bearing Parts Market 2024

Ball Bearing Parts Market Size in Sudan

In 2021, the Sudanese ball bearing parts market decreased by -30.5% to $X, falling for the second year in a row after three years of growth. In general, consumption, however, recorded a slight expansion. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Ball Bearing Parts Exports

Exports from Sudan

In 2021, after two years of decline, there was decline in overseas shipments of parts of ball or roller bearings, when their volume decreased by 0% to X kg. Over the period under review, exports showed a significant expansion. The smallest decline of 99.9% was in 2019. Over the period under review, the exports attained the maximum in 2021 and are likely to see steady growth in years to come.

In value terms, ball bearing parts exports stood at $X in 2021. Overall, exports saw a significant increase. The smallest decline of 99.9% was in 2019. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the near future.

Exports by Country

Nepal (X kg) and Uzbekistan (X kg) were the main destinations of ball bearing parts exports from Sudan.

From 2014 to 2021, the biggest increases were recorded for Nepal (with a CAGR of 0.0%).

In value terms, the largest markets for ball bearing parts exported from Sudan were Nepal ($X) and Uzbekistan ($X).

Nepal, with a CAGR of 0.0%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

In 2021, the average ball bearing parts export price amounted to $X per ton, remaining constant against the previous year. Overall, the export price recorded a remarkable increase. The growth pace was the most rapid in 2019 when the average export price decreased by 99.9%. Over the period under review, the average export prices hit record highs in 2021 and is likely to see gradual growth in years to come.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Nepal ($X per ton), while the average price for exports to Uzbekistan stood at $X per ton.

From 2014 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Peru (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Ball Bearing Parts Imports

Imports into Sudan

In 2021, supplies from abroad of parts of ball or roller bearings decreased by -40.7% to X tons, falling for the second consecutive year after three years of growth. In general, imports continue to indicate a slight shrinkage. The pace of growth was the most pronounced in 2019 when imports increased by 108% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, ball bearing parts imports contracted to $X in 2021. Over the period under review, imports, however, recorded tangible growth. The pace of growth appeared the most rapid in 2017 when imports increased by 97%. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, India (X tons) constituted the largest ball bearing parts supplier to Sudan, with a 68% share of total imports. Moreover, ball bearing parts imports from India exceeded the figures recorded by the second-largest supplier, South Korea (X tons), tenfold. The third position in this ranking was held by the United Arab Emirates (X tons), with a 6.2% share.

From 2012 to 2021, the average annual growth rate of volume from India was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+38.5% per year) and the United Arab Emirates (+32.6% per year).

In value terms, India ($X) constituted the largest supplier of parts of ball or roller bearings to Sudan, comprising 45% of total imports. The second position in the ranking was taken by Japan ($X), with a 9.8% share of total imports. It was followed by the UK, with a 9.5% share.

From 2012 to 2021, the average annual growth rate of value from India stood at +11.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+41.0% per year) and the UK (+15.2% per year).

Import Prices by Country

In 2021, the average ball bearing parts import price amounted to $X per ton, increasing by 46% against the previous year. Overall, import price indicated resilient growth from 2012 to 2021: its price increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, ball bearing parts import price increased by +102.9% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 the UK ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+11.3%), 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 parts of ball or roller bearings in the world?

China constituted the country with the largest volume of ball bearing parts consumption, comprising approx. 24% of total volume. Moreover, ball bearing parts consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with an 8% share.

What are the largest producers of parts of ball or roller bearings in the world?

China constituted the country with the largest volume of ball bearing parts production, comprising approx. 37% of total volume. Moreover, ball bearing parts production in China exceeded the figures recorded by the second-largest producer, India, threefold. Japan ranked third in terms of total production with a 9.1% share.

What are the leading suppliers of parts of ball or roller bearings to Sudan?

In value terms, India constituted the largest supplier of ball bearing parts to Sudan, comprising 40% of total imports. The second position in the ranking was occupied by China, with a 13% share of total imports. It was followed by the UK, with an 8.5% share.

What is the average export price for parts of ball or roller bearings in Sudan?

The average ball bearing parts export price stood at $7,492 per ton in 2021, flattening at the previous year.

What is the average import price for parts of ball or roller bearings in Sudan?

In 2021, the average ball bearing parts import price amounted to $4,491 per ton, shrinking by -18.3% against the previous year.

This report provides an in-depth analysis of the ball bearing parts 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 28153150 - Parts of ball or roller bearings (excluding balls, needles and rollers)

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