Sudan: Spark Plug Market 2022

Spark Plug Market Size in Sudan

The Sudanese spark plug market reduced to $X in 2021, shrinking 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, consumption, however, showed a resilient expansion. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Spark Plug Exports

Exports from Sudan

Spark plug exports from Sudan totaled X units in 2021, stabilizing at 2020. In general, exports posted a significant expansion. The growth pace was the most rapid in 2013 with an increase of X%. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, spark plug exports stood at $X in 2021. Overall, exports showed a significant expansion. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in years to come.

Exports by Country

Uzbekistan (X units) was the main destination for spark plug exports from Sudan, accounting for a approx. X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Uzbekistan was relatively modest.

From 2012 to 2021, the average annual growth rate of value to Uzbekistan was relatively modest.

Export Prices by Country

The average spark plug export price stood at $X per unit in 2021, leveling off at the previous year. Over the period under review, the export price continues to indicate a slight curtailment. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Uzbekistan.

From 2012 to 2021, the rate of growth in terms of prices for Uzbekistan amounted to X% per year.

Spark Plug Imports

Imports into Sudan

In 2021, imports of sparking plugs into Sudan declined notably to X units, waning by -X% compared with the year before. In general, imports, however, saw a noticeable expansion. The growth pace was the most rapid in 2013 with an increase of X%. Imports peaked at X units in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, spark plug imports contracted modestly to $X in 2021. Overall, imports, however, saw resilient growth. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United Arab Emirates (X units) constituted the largest spark plug supplier to Sudan, accounting for a X% share of total imports. Moreover, spark plug imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, China (X units), threefold. The third position in this ranking was occupied by Bosnia and Herzegovina (X units), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United Arab Emirates totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Bosnia and Herzegovina (+X% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of spark plug to Sudan, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by Bosnia and Herzegovina, with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United Arab Emirates totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Bosnia and Herzegovina (-X% per year).

Import Prices by Country

In 2021, the average spark plug import price amounted to $X per unit, picking up by X% against the previous year. In general, import price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, spark plug import price increased by +X% against 2017 indices. The growth pace was the most rapid in 2019 an increase of X%. Over the period under review, average import prices reached the maximum in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Saudi Arabia ($X per unit), while the price for Bosnia and Herzegovina ($X per unit) was amongst the lowest.

From 2012 to 2021, 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