Report Update Nov 1, 2024

Sudan - Tools of Wood - Market Analysis, Forecast, Size, Trends and Insights

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Sudan: Wood Tool Market 2024

Wood Tool Market Size in Sudan

In 2021, the Sudanese wood tool market increased by 66% to $X, rising for the seventh consecutive year after two years of decline. Overall, consumption showed mild growth. Over the period under review, the market reached the maximum level in 2021 and is likely to see steady growth in years to come.

Wood Tool Exports

Exports from Sudan

In 2020, approx. X kg of tools of wood were exported from Sudan; remaining relatively unchanged against 2019. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2015 with an increase of 67%. The exports peaked in 2020 and are likely to see steady growth in the immediate term.

In value terms, wood tool exports plummeted to $X in 2020. In general, exports saw a deep setback. The exports peaked at $X in 2014; however, from 2015 to 2020, the exports remained at a lower figure.

Exports by Country

New Zealand (X kg) was the main destination for wood tool exports from Sudan, accounting for a approx. 100% share of total exports.

From 2014 to 2020, the average annual growth rate of volume to New Zealand was relatively modest.

In value terms, New Zealand ($X) also remains the key foreign market for tools of wood exports from Sudan.

From 2014 to 2020, the average annual growth rate of value to New Zealand amounted to -18.9%.

Export Prices by Country

In 2020, the average wood tool export price amounted to $X per ton, shrinking by -18.9% against the previous year. Over the period under review, the export price showed a precipitous contraction. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2020, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for New Zealand.

From 2014 to 2020, the rate of growth in terms of prices for New Zealand amounted to -18.9% per year.

Wood Tool Imports

Imports into Sudan

In 2021, supplies from abroad of tools of wood increased by 75% to X tons, rising for the seventh consecutive year after two years of decline. Over the period under review, imports saw a measured expansion. The growth pace was the most rapid in 2019 when imports increased by 80% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, wood tool imports surged to $X in 2021. In general, imports, however, recorded a noticeable decrease. The pace of growth appeared the most rapid in 2015 with an increase of 50%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) was the main wood tool supplier to Sudan, accounting for a 94% share of total imports. It was followed by the United Arab Emirates (X tons), with a 1.9% share of total imports. India (X tons) ranked third in terms of total imports with a 1.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +7.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (-10.1% per year) and India (-5.5% per year).

In value terms, China ($X) constituted the largest supplier of tools of wood to Sudan, comprising 85% of total imports. The second position in the ranking was held by India ($X), with a 5.1% share of total imports. It was followed by the United Arab Emirates, with a 4.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled -1.0%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-5.1% per year) and the United Arab Emirates (-14.7% per year).

Import Prices by Country

The average wood tool import price stood at $X per ton in 2021, declining by -14.4% against the previous year. Over the period under review, the import price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 an increase of 16%. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+13.0%), 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 tools of wood in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 33% of global consumption. These countries were followed by Italy, Russia, South Africa, Brazil, Japan, Indonesia, France, Mexico, Pakistan and Germany, which together accounted for a further 40%.

What are the largest producers of tools of wood in the world?

The country with the largest volume of wood tool production was China, accounting for 29% of total volume. Moreover, wood tool production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by the United States, with a 7.5% share.

What are the leading suppliers of tools of wood to Sudan?

In value terms, China constituted the largest supplier of wood tool to Sudan, comprising 92% of total imports. The second position in the ranking was occupied by the United Arab Emirates, with a 5.7% share of total imports.

What are the leading importers of tools of wood from Sudan?

In value terms, New Zealand $73) remains the key foreign market for wood tool exports from Sudan.

What is the average export price for tools of wood in Sudan?

The average wood tool export price stood at $630 per ton in 2020, dropping by -18.8% against the previous year.

What is the average import price for tools of wood in Sudan?

The average wood tool import price stood at $2,342 per ton in 2021, dropping by -6.1% against the previous year.

This report provides an in-depth analysis of the wood tool 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 16291130 - Tools, tool bodies and handles and broom or brush bodies and handles of wood, boot and shoe lasts and trees of wood

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