Sudan: Market for Toothed wheels, chain sprockets and other transmission elements 2024

Market Size for Toothed wheels, chain sprockets and other transmission elements in Sudan

The Sudanese market for toothed wheels, chain sprockets and other transmission elements rose rapidly to $X in 2021, with an increase of 8.9% 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 recorded a resilient expansion. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Exports of Toothed wheels, chain sprockets and other transmission elements

Exports from Sudan

In 2021, overseas shipments of toothed wheels, chain sprockets and other transmission elements decreased by -25.3% to X tons for the first time since 2016, thus ending a four-year rising trend. Overall, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2019 with an increase of 1,282%. Over the period under review, the exports of hit record highs at X tons in 2020, and then shrank significantly in the following year.

In value terms, exports of toothed wheels, chain sprockets and other transmission elements surged to $X in 2021. In general, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2019 when exports increased by 1,315% against the previous year. The exports peaked in 2021 and are likely to see steady growth in years to come.

Exports by Country

Uzbekistan (X tons) was the main destination for exports of toothed wheels, chain sprockets and other transmission elements from Sudan, with a 94% share of total exports. Moreover, exports of toothed wheels, chain sprockets and other transmission elements to Uzbekistan exceeded the volume sent to the second major destination, Egypt (X kg), more than tenfold.

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

In value terms, Uzbekistan ($X) emerged as the key foreign market for toothed wheels, chain sprockets and other transmission elements exports from Sudan, comprising 97% of total exports. The second position in the ranking was taken by Egypt ($X), with a 1.9% share of total exports.

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

Export Prices by Country

In 2021, the average export price for toothed wheels, chain sprockets and other transmission elements amounted to $X per ton, jumping by 168% against the previous year. Over the period under review, the export price saw strong growth. Over the period under review, the average export prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+2.3%).

Imports of Toothed wheels, chain sprockets and other transmission elements

Imports into Sudan

Imports of toothed wheels, chain sprockets and other transmission elements into Sudan was estimated at X tons in 2021, standing approx. at the previous year's figure. Overall, imports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2019 when imports increased by 594% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports of remained at a lower figure.

In value terms, imports of toothed wheels, chain sprockets and other transmission elements soared to $X in 2021. In general, imports showed a strong expansion. The pace of growth appeared the most rapid in 2019 with an increase of 260%. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of toothed wheels, chain sprockets and other transmission elements to Sudan, accounting for a 78% share of total imports. Moreover, imports of toothed wheels, chain sprockets and other transmission elements from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), more than tenfold. The third position in this ranking was held by Germany (X tons), with a 3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +53.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-3.1% per year) and Germany (+22.6% per year).

In value terms, China ($X), Germany ($X) and Taiwan (Chinese) ($X) appeared to be the largest toothed wheels, chain sprockets and other transmission elements suppliers to Sudan, with a combined 57% share of total imports.

China, with a CAGR of +52.5%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for toothed wheels, chain sprockets and other transmission elements stood at $X per ton in 2021, with an increase of 15% against the previous year. Overall, the import price, however, recorded a perceptible slump. The growth pace was the most rapid in 2020 an increase of 26% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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