Sudan: Electronic Chip Market 2024

Electronic Chip Market Size in Sudan

The Sudanese electronic chip market was estimated at $X in 2023, increasing by X% against the previous year. Overall, the total consumption indicated a perceptible expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. Over the period under review, the market hit record highs at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Electronic Chip Production in Sudan

In value terms, electronic chip production expanded modestly to $X in 2023 estimated in export price. In general, the total production indicated moderate growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

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Electronic Chip Exports

Exports from Sudan

In 2023, overseas shipments of electronic chips were finally on the rise to reach X units for the first time since 2019, thus ending a three-year declining trend. Over the period under review, exports, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2020 to 2023, the growth of the exports failed to regain momentum.

In value terms, electronic chip exports declined sharply to $X in 2023. In general, exports, however, faced a precipitous decrease. The pace of growth appeared the most rapid in 2019 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Turkey (X units) was the main destination for electronic chip exports from Sudan, accounting for a X% share of total exports. Moreover, electronic chip exports to Turkey exceeded the volume sent to the second major destination, Switzerland (X units), fivefold.

From 2012 to 2023, the average annual rate of growth in terms of volume to Turkey was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (X% per year) and China (X% per year).

In value terms, Turkey ($X) emerged as the key foreign market for electronic chips exports from Sudan, comprising X% of total exports. The second position in the ranking was held by Switzerland ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value to Turkey was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (X% per year) and China (X% per year).

Export Prices by Country

The average electronic chip export price stood at $X per unit in 2023, reducing by X% against the previous year. Overall, the export price continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2023, 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 Switzerland ($X per unit), while the average price for exports to China ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X.5%), while the prices for the other major destinations experienced a decline.

Electronic Chip Imports

Imports into Sudan

In 2023, imports of electronic chips into Sudan expanded remarkably to X units, growing by X% against the previous year. Over the period under review, imports showed resilient growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, imports attained the peak of X units. From 2015 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, electronic chip imports expanded significantly to $X in 2023. In general, imports saw a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. Imports peaked at $X in 2021; however, from 2022 to 2023, imports remained at a lower figure.

Imports by Country

The United Arab Emirates (X units), the Czech Republic (X units) and China (X units) were the main suppliers of electronic chip imports to Sudan, with a combined X% share of total imports. Germany, Saudi Arabia, Italy, India and the UK lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for Italy (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), the United Arab Emirates ($X) and China ($X) were the largest electronic chip suppliers to Sudan, together comprising X% of total imports.

Among the main suppliers, the Czech Republic, with a CAGR of X%, recorded the highest growth rate of 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

The average electronic chip import price stood at $X per unit in 2023, waning by X% against the previous year. Overall, the import price, however, saw a resilient increase. The pace of growth was the most pronounced in 2016 when the average import price increased by X%. The import price peaked at $X per unit in 2022, and then dropped modestly in the following year.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform