Report Update Nov 1, 2024

Sudan - Radio Receivers for Motor Vehicles - Market Analysis, Forecast, Size, Trends and Insights

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Sudan: Vehicle Radio Market 2024

Vehicle Radio Market Size in Sudan

In 2022, after two years of growth, there was significant decline in the Sudanese vehicle radio market, when its value decreased by -12.2% to $X. Overall, consumption showed a deep downturn. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Vehicle Radio Production in Sudan

In value terms, vehicle radio production amounted to $X in 2022 estimated in export price. Overall, production saw a deep slump. The pace of growth appeared the most rapid in 2013 with an increase of 9.5%. Vehicle radio production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Vehicle Radio Exports

Exports from Sudan

In 2018, approx. X units of radio receivers for motor vehicles were exported from Sudan; approximately equating the year before. Over the period under review, exports enjoyed a significant expansion. The smallest decline of 99.9% was in 2013. The exports peaked in 2018 and are likely to see gradual growth in the near future.

In value terms, vehicle radio exports amounted to $X in 2018. In general, exports posted prominent growth. The smallest decline of 99.9% was in 2016. The exports peaked at $X in 2015; however, from 2016 to 2018, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X units) was the main destination for vehicle radio exports from Sudan, with a approx. 100% share of total exports.

From 2012 to 2018, the average annual growth rate of volume to the United Arab Emirates was relatively modest.

From 2012 to 2018, the average annual growth rate of value to the United Arab Emirates was relatively modest.

Export Prices by Country

The average vehicle radio export price stood at $X per unit in 2018, therefore, remained relatively stable against the previous year. Over the period under review, the export price faced a abrupt curtailment. The pace of growth was the most pronounced in 2013 a decrease of 99.9%. The export price peaked at $X per unit in 2012; however, from 2013 to 2018, the export prices failed to regain momentum.

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

From 2012 to 2018, the rate of growth in terms of prices for the United Arab Emirates amounted to 0.0% per year.

Vehicle Radio Imports

Imports into Sudan

In 2022, after two years of growth, there was significant decline in purchases abroad of radio receivers for motor vehicles, when their volume decreased by -22.4% to X units. Over the period under review, imports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 59% against the previous year. Imports peaked at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, vehicle radio imports dropped slightly to $X in 2022. Overall, imports recorded a precipitous setback. The most prominent rate of growth was recorded in 2020 with an increase of 11%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

China (X units), the UK (X units) and Hong Kong SAR (X units) were the main suppliers of vehicle radio imports to Sudan, with a combined 94% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +1.5%), while imports for the other leaders experienced a decline.

In value terms, the UK ($X) constituted the largest supplier of radio receivers for motor vehicles to Sudan, comprising 31% of total imports. The second position in the ranking was taken by China ($X), with an 8% share of total imports. It was followed by Egypt, with a 0.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the UK totaled -22.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-26.5% per year) and Egypt (-25.4% per year).

Import Prices by Country

The average vehicle radio import price stood at $X per unit in 2022, with an increase of 23% against the previous year. In general, the import price, however, showed a drastic downturn. The growth pace was the most rapid in 2017 when the average import price increased by 40% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 the UK ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+12.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for radio receivers for motor vehicles in the world?

The country with the largest volume of vehicle radio consumption was Thailand, accounting for 25% of total volume. Moreover, vehicle radio consumption in Thailand exceeded the figures recorded by the second-largest consumer, Hong Kong SAR, threefold. The third position in this ranking was occupied by South Africa, with an 8.9% share.

What are the largest producers of radio receivers for motor vehicles in the world?

The country with the largest volume of vehicle radio production was Thailand, accounting for 37% of total volume. Moreover, vehicle radio production in Thailand exceeded the figures recorded by the second-largest producer, China, threefold. The third position in this ranking was occupied by Hong Kong SAR, with a 12% share.

What is the average export price for radio receivers for motor vehicles in Sudan?

In 2018, the average vehicle radio export price amounted to $283 per unit, almost unchanged from the previous year.

This report provides an in-depth analysis of the vehicle radio 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 26401290 - Radio receivers for motor vehicles, n.e.c.

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