Sudan: Market for Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers 2024

Market Size for Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers in Sudan

The Sudanese market for iron or steel gas domestic cooking appliances and plate warmers skyrocketed to $X in 2022, with an increase of 108% 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). Overall, consumption recorded a buoyant increase. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Exports of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers

Exports from Sudan

In 2022, overseas shipments of iron or steel gas domestic cooking appliances and plate warmers were finally on the rise to reach X units after three years of decline. Overall, exports saw mild growth. The pace of growth was the most pronounced in 2017 with an increase of 750% against the previous year. Over the period under review, the exports of attained the maximum at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of iron or steel gas domestic cooking appliances and plate warmers surged to $X in 2022. In general, exports, however, saw a deep contraction. The pace of growth appeared the most rapid in 2017 with an increase of 921% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X units) was the main destination for exports of iron or steel gas domestic cooking appliances and plate warmers from Sudan, with a 89% share of total exports. Moreover, exports of iron or steel gas domestic cooking appliances and plate warmers to the United Arab Emirates exceeded the volume sent to the second major destination, Uganda (X units), eightfold.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates amounted to +23.1%.

In value terms, the United Arab Emirates ($X) remains the key foreign market for iron or steel gas domestic cooking appliances and plate warmers exports from Sudan, comprising 99% of total exports. The second position in the ranking was taken by Uganda ($X), with a 0.7% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates totaled +11.8%.

Export Prices by Country

The average export price for iron or steel gas domestic cooking appliances and plate warmers stood at $X per unit in 2022, waning by -39.8% against the previous year. Overall, the export price continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2021 an increase of 59%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to Uganda totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-11.1%).

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Imports of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers

Imports into Sudan

In 2022, approx. X units of iron or steel gas domestic cooking appliances and plate warmers were imported into Sudan; growing by 127% compared with the year before. Over the period under review, imports posted a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of iron or steel gas domestic cooking appliances and plate warmers surged to $X in 2022. Overall, imports showed a noticeable increase. The pace of growth appeared the most rapid in 2019 with an increase of 122% against the previous year. Over the period under review, imports of attained the peak figure at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest iron or steel gas domestic cooking appliances and plate warmers supplier to Sudan, accounting for a 58% share of total imports. Moreover, imports of iron or steel gas domestic cooking appliances and plate warmers from China exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X units), threefold. Turkey (X units) ranked third in terms of total imports with a 16% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +10.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (+17.3% per year) and Turkey (+18.6% per year).

In value terms, China ($X) constituted the largest supplier of iron or steel gas domestic cooking appliances and plate warmers to Sudan, comprising 65% of total imports. The second position in the ranking was held by Saudi Arabia ($X), with an 18% share of total imports. It was followed by Turkey, with an 8.8% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +6.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (+8.7% per year) and Turkey (+4.5% per year).

Import Prices by Country

The average import price for iron or steel gas domestic cooking appliances and plate warmers stood at $X per unit in 2022, declining by -13.5% against the previous year. Over the period under review, the import price showed a deep reduction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 20% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average 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 Egypt ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+5.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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