Sudan: Market for Tyres For Agriculture, Forestry, Construction, Industry And Other Off The Road Vehicles 2024

Market Size for Tyres For Agriculture, Forestry, Construction, Industry And Other Off The Road Vehicles in Sudan

The Sudanese market for tyres for agriculture, forestry, construction, industry and other off the road vehicles contracted notably to $X in 2022, with a decrease of -37.5% 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, however, enjoyed a prominent expansion. Consumption of peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Exports of Tyres For Agriculture, Forestry, Construction, Industry And Other Off The Road Vehicles

Exports from Sudan

After two years of decline, overseas shipments of tyres for agriculture, forestry, construction, industry and other off the road vehicles decreased by 0% to X units in 2021. In general, exports posted significant growth. The smallest decline of 99.9% was in 2019. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, exports of tyres for agriculture, forestry, construction, industry and other off the road vehicles stood at $X in 2021. Over the period under review, exports recorded a significant increase. The smallest decline of 99.9% was in 2019. Over the period under review, the exports of tyres for agriculture, forestry, construction, industry and other off road vehicles hit record highs at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

Uzbekistan (X units) was the main destination for exports of tyres for agriculture, forestry, construction, industry and other off the road vehicles from Sudan, accounting for a approx. 99% share of total exports.

From 2013 to 2021, the average annual rate of growth in terms of volume to Uzbekistan was relatively modest.

From 2013 to 2021, the average annual rate of growth in terms of value to Uzbekistan was relatively modest.

Export Prices by Country

The average export price for tyres for agriculture, forestry, construction, industry and other off the road vehicles stood at $X per unit in 2021, remaining stable against the previous year. Overall, the export price recorded a slight contraction. The pace of growth appeared the most rapid in 2019 a decrease of 99.9%. The export price peaked at $X per unit in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

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

From 2013 to 2021, the rate of growth in terms of prices for Belgium amounted to 0.0% per year.

Imports of Tyres For Agriculture, Forestry, Construction, Industry And Other Off The Road Vehicles

Imports into Sudan

In 2022, imports of tyres for agriculture, forestry, construction, industry and other off the road vehicles into Sudan plummeted to X units, with a decrease of -40.8% compared with the previous year's figure. In general, imports, however, showed prominent growth. The most prominent rate of growth was recorded in 2013 when imports increased by 352% against the previous year. Over the period under review, imports of tyres for agriculture, forestry, construction, industry and other off road vehicles attained the peak figure at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of tyres for agriculture, forestry, construction, industry and other off the road vehicles declined dramatically to $X in 2022. Overall, imports, however, enjoyed a measured increase. The pace of growth was the most pronounced in 2013 with an increase of 232% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, India (X units) constituted the largest agricultural, construction and industrial machinery tyre supplier to Sudan, accounting for a 69% share of total imports. Moreover, imports of tyres for agriculture, forestry, construction, industry and other off the road vehicles from India exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X units), fourfold. The third position in this ranking was held by China (X units), with a 9.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from India amounted to +19.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+38.8% per year) and China (-9.2% per year).

In value terms, the largest agricultural, construction and industrial machinery tyre suppliers to Sudan were the United Arab Emirates ($X), India ($X) and China ($X), together comprising 96% of total imports.

The United Arab Emirates, with a CAGR of +26.5%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average import price for tyres for agriculture, forestry, construction, industry and other off the road vehicles stood at $X per unit in 2022, increasing by 11% against the previous year. In general, the import price, however, continues to indicate a perceptible reduction. The pace of growth was the most pronounced in 2014 an increase of 64%. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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