Sudan: Nail And Bolt Market 2024

Nail And Bolt Market Size in Sudan

The Sudanese nail and bolt market soared to $X in 2022, surging by X% 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). Over the period under review, the total consumption indicated modest 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 attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Nail And Bolt Exports

Exports from Sudan

In 2022, the amount of nails, tacks, staples, screws and bolts exported from Sudan fell markedly to X kg, declining by X% compared with the year before. Over the period under review, exports continue to indicate a deep slump. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, nail and bolt exports contracted dramatically to $X in 2022. Overall, exports saw a drastic downturn. The pace of growth was the most pronounced in 2017 with an increase of X%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Senegal (X kg), Kuwait (X kg) and Peru (X kg) were the main destinations of nail and bolt exports from Sudan, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Peru (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Kuwait ($X) emerged as the key foreign market for nails, tacks, staples, screws and bolts exports from Sudan, comprising X% of total exports. The second position in the ranking was held by Senegal ($X), with an X% share of total exports. It was followed by Peru, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Kuwait was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Senegal (X% per year) and Peru (X% per year).

Export Prices by Country

In 2022, the average nail and bolt export price amounted to $X per ton, with a decrease of X% against the previous year. Overall, the export price saw a deep slump. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 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 Sri Lanka ($X per ton), while the average price for exports to Senegal ($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 the United Arab Emirates (X.6%), while the prices for the other major destinations experienced more modest paces of growth.

Nail And Bolt Imports

Imports into Sudan

After two years of decline, overseas purchases of nails, tacks, staples, screws and bolts increased by X% to X tons in 2022. Overall, imports, however, showed a perceptible curtailment. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, nail and bolt imports soared to $X in 2022. In general, total imports indicated a noticeable increase 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, imports decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest nail and bolt supplier to Sudan, with a X% share of total imports. Moreover, nail and bolt imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), sixfold. Egypt (X tons) ranked third in terms of total imports with a X% share.

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

In value terms, China ($X) constituted the largest supplier of nails, tacks, staples, screws and bolts to Sudan, comprising X% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total imports. It was followed by India, with a X% share.

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

Import Prices by Country

The average nail and bolt import price stood at $X per ton in 2022, surging by X% against the previous year. Overall, import price indicated a remarkable increase from 2012 to 2022: its price 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, nail and bolt import price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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