Price for Machinery; Parts of the Machinery of Heading No. 8425 in Sudan - 2022
Contents:
- Price for Machinery; Parts of the Machinery of Heading No. 8425 in Sudan (CIF) - 2022
- Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Sudan
Price for Machinery; Parts of the Machinery of Heading No. 8425 in Sudan (CIF) - 2022
In 2022, the average import price for machinery; parts of the machinery of heading no. 8425 amounted to $15,845 per ton, shrinking by -19.8% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 121% against the previous year. Over the period under review, average import prices reached the maximum at $29,301 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($44,923 per ton), while the price for Egypt ($940 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.9%), while the prices for the other major suppliers experienced a decline.
Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Sudan
In 2022, the amount of machinery; parts of the machinery of heading no. 8425 imported into Sudan totaled 9.2 tons, increasing by 6.9% compared with 2021 figures. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 134% against the previous year. As a result, imports attained the peak of 9.5 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of machinery; parts of the machinery of heading no. 8425 dropped to $145K in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +6.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -36.5% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 92% against the previous year. As a result, imports attained the peak of $229K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Machinery; Parts of the Machinery of Heading No. 8425 in Sudan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Aruba | 94.4 | 183 | 143 | 125 | 9.8% |
| Ecuador | 8.5 | 15.5 | 11.4 | 9.4 | 3.4% |
| China | 1.4 | 9.5 | 1.7 | 2.2 | 16.3% |
| Netherlands | 1.9 | 3.9 | 0.3 | 1.2 | -14.2% |
| Egypt | 0.2 | 0.4 | 0.2 | 0.2 | 0.0% |
| India | 0.3 | 5.0 | 4.8 | 0.1 | -30.7% |
| Others | 12.4 | 12.1 | 7.9 | 7.6 | -15.1% |
| Total | 119 | 229 | 170 | 145 | 6.8% |
Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8425 to Sudan in 2022:
- Aruba (8.0 tons)
- China (0.3 tons)
- Ecuador (0.3 tons)
- Egypt (0.2 tons)
- Netherlands (0.1 tons)
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