Sudan: Cranks And Crankshafts Market 2024

Cranks And Crankshafts Market Size in Sudan

The Sudanese cranks and crankshafts market expanded significantly to $X in 2022, picking up by X% against the previous year. Overall, the total consumption indicated measured growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Cranks And Crankshafts Production in Sudan

In value terms, cranks and crankshafts production rose remarkably to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Cranks and crankshafts production peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Cranks And Crankshafts Exports

Exports from Sudan

In 2022, the amount of cranks and crankshafts exported from Sudan declined notably to X kg, with a decrease of X% on the previous year's figure. In general, exports continue to indicate a precipitous slump. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, cranks and crankshafts exports soared to $X in 2022. Over the period under review, exports continue to indicate a significant curtailment. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Ukraine (X kg) was the main destination for cranks and crankshafts exports from Sudan, with a X% share of total exports. Moreover, cranks and crankshafts exports to Ukraine exceeded the volume sent to the second major destination, South Korea (X kg), more than tenfold. The third position in this ranking was taken by China (X kg), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Ukraine totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (X% per year) and China (X% per year).

In value terms, Ukraine ($X) remains the key foreign market for cranks and crankshafts exports from Sudan, comprising X% of total exports. The second position in the ranking was taken by Russia ($X), with a X% share of total exports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Ukraine stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and China (X% per year).

Export Prices by Country

The average cranks and crankshafts export price stood at $X per ton in 2022, rising by X% against the previous year. In general, the export price, however, showed a perceptible downturn. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to South Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (X%), while the prices for the other major destinations experienced a decline.

Cranks And Crankshafts Imports

Imports into Sudan

In 2022, approx. X tons of cranks and crankshafts were imported into Sudan; rising by X% compared with the previous year. Over the period under review, imports recorded significant growth. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, cranks and crankshafts imports dropped to $X in 2022. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2021, and then fell in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of cranks and crankshafts to Sudan, accounting for a X% share of total imports. Moreover, cranks and crankshafts imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), fourfold. The third position in this ranking was taken by India (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and India (X% per year).

In value terms, the largest cranks and crankshafts suppliers to Sudan were India ($X), China ($X) and Turkey ($X), together comprising X% of total imports. These countries were followed by the United Arab Emirates, which accounted for a further X%.

Among the main suppliers, the United Arab Emirates, with a CAGR of X%, recorded the highest rates of growth with regard to 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 2022, the average cranks and crankshafts import price amounted to $X per ton, falling by X% against the previous year. Over the period under review, the import price recorded a abrupt descent. The pace of growth appeared the most rapid in 2014 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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