Sudan: Commercial Refrigeration Equipment Market 2024

Commercial Refrigeration Equipment Market Size in Sudan

In 2021, the Sudanese commercial refrigeration equipment market decreased by -2.1% to $X for the first time since 2011, thus ending a nine-year rising trend. Over the period under review, the total consumption indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +8.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +104.1% against 2012 indices. Over the period under review, the market attained the maximum level at $X in 2020, and then fell slightly in the following year.

Commercial Refrigeration Equipment Production in Sudan

In value terms, commercial refrigeration equipment production shrank to $X in 2021 estimated in export price. Overall, production enjoyed a prominent increase. The growth pace was the most rapid in 2014 when the production volume increased by 23% against the previous year. Commercial refrigeration equipment production peaked at $X in 2020, and then fell in the following year.

Commercial Refrigeration Equipment Exports

Exports from Sudan

In 2021, approx. X units of refrigerating and freezing equipment and heat pumps (except household type equipment) were exported from Sudan; increasing by 20% on the previous year. In general, total exports indicated a notable increase from 2012 to 2021: its volume increased at an average annual rate of +4.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +86.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 56%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, commercial refrigeration equipment exports surged to $X in 2021. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Uzbekistan (X units) was the main destination for commercial refrigeration equipment exports from Sudan, accounting for a 99% share of total exports. It was followed by Ethiopia (X units), with a 0.6% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Uzbekistan was relatively modest.

In value terms, Uzbekistan ($X) emerged as the key foreign market for refrigerating and freezing equipment and heat pumps (except household type equipment) exports from Sudan, comprising 100% of total exports. The second position in the ranking was taken by Ethiopia ($X), with a 0.3% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Uzbekistan was relatively modest.

Export Prices by Country

The average commercial refrigeration equipment export price stood at $X per unit in 2021, surging by 64% against the previous year. Over the period under review, the export price enjoyed strong growth. The pace of growth was the most pronounced in 2019 when the average export price increased by 70% against the previous year. The export price peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uzbekistan ($X per unit), while the average price for exports to Ethiopia totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ethiopia (+2.1%).

Commercial Refrigeration Equipment Imports

Imports into Sudan

In 2021, the amount of refrigerating and freezing equipment and heat pumps (except household type equipment) imported into Sudan soared to X units, jumping by 36% compared with the year before. Over the period under review, total imports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +5.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -23.1% against 2015 indices. The pace of growth was the most pronounced in 2015 with an increase of 53%. As a result, imports attained the peak of X units. From 2016 to 2021, the growth of imports failed to regain momentum.

In value terms, commercial refrigeration equipment imports surged to $X in 2021. Overall, imports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 91% against the previous year. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Egypt (X units), Indonesia (X units) and the United Arab Emirates (X units) were the main suppliers of commercial refrigeration equipment imports to Sudan, together accounting for 46% of total imports. These countries were followed by China, Taiwan (Chinese), Turkey, Saudi Arabia and Luxembourg, which together accounted for a further 22%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Luxembourg (with a CAGR of +50.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), the United Arab Emirates ($X) and Luxembourg ($X) constituted the largest commercial refrigeration equipment suppliers to Sudan, together accounting for 37% of total imports.

In terms of the main suppliers, Luxembourg, with a CAGR of +50.6%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average commercial refrigeration equipment import price amounted to $X per unit, surging by 33% against the previous year. Over the period under review, import price indicated a prominent increase from 2012 to 2021: its price increased at an average annual rate of +7.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, commercial refrigeration equipment import price increased by +85.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of 39%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Luxembourg ($X per unit), while the price for Saudi Arabia ($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 (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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