Sudan: Tap And Valve Market 2024

Tap And Valve Market Size in Sudan

The Sudanese tap and valve market skyrocketed to $X in 2022, jumping 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 recorded a buoyant increase. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Tap And Valve Exports

Exports from Sudan

In 2022, tap and valve exports from Sudan reduced rapidly to X tons, declining by X% on 2021 figures. In general, exports, however, posted a buoyant expansion. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons, and then declined sharply in the following year.

In value terms, tap and valve exports dropped remarkably to $X in 2022. Over the period under review, exports, however, posted moderate growth. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, and then contracted remarkably in the following year.

Exports by Country

Nigeria (X tons) was the main destination for tap and valve exports from Sudan, with a X% share of total exports. Moreover, tap and valve exports to Nigeria exceeded the volume sent to the second major destination, Thailand (X kg), fourfold. Zimbabwe (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Nigeria totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (X.0% per year) and Zimbabwe (X% per year).

In value terms, Nigeria ($X) emerged as the key foreign market for taps, cocks, valves and similar appliances exports from Sudan, comprising X% of total exports. The second position in the ranking was held by the UK ($X), with a X% share of total exports. It was followed by Zimbabwe, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Nigeria amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Zimbabwe (X% per year).

Export Prices by Country

In 2022, the average tap and valve export price amounted to $X per ton, reducing by X% against the previous year. In general, the export price recorded a noticeable decline. The growth pace was the most rapid in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Singapore ($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 UK (X%), while the prices for the other major destinations experienced a decline.

Tap And Valve Imports

Imports into Sudan

In 2022, the amount of taps, cocks, valves and similar appliances imported into Sudan expanded significantly to X tons, growing by X% against the year before. Overall, imports enjoyed a buoyant increase. The growth pace was the most rapid in 2013 when imports increased by X%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, tap and valve imports skyrocketed to $X in 2022. In general, imports continue to indicate a buoyant increase. The growth pace was the most rapid in 2013 when imports increased by X%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), the United Arab Emirates (X tons) and Turkey (X tons) were the main suppliers of tap and valve imports to Sudan, together accounting for X% of total imports. Iran, Italy, South Korea and Portugal lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of taps, cocks, valves and similar appliances to Sudan, comprising X% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

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

Import Prices by Country

In 2022, the average tap and valve import price amounted to $X per ton, rising by X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of X%. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat 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 Italy ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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