
Sudan - Titanium Sponge, Powders, Ingots and Slabs - Market Analysis, Forecast, Size, Trends and Insights
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Sudan: Titanium Market 2022
Titanium Market Size in Sudan
In 2021, the Sudanese titanium market decreased by -X% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.
Titanium Production in Sudan
In value terms, titanium production fell to $X in 2021 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.
Titanium Imports
Imports into Sudan
For the third consecutive year, Sudan recorded decline in purchases abroad of titanium sponge, powders, ingots and slabs, which decreased by X% to less than X kg in 2021. Over the period under review, imports showed a sharp descent. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.
In value terms, titanium imports totaled less than $X in 2021. Overall, imports saw a significant decrease. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.
Imports by Country
In 2019, Turkey (X kg) was the main titanium supplier to Sudan, with a approx. X% share of total imports.
From 2012 to 2019, the average annual rate of growth in terms of volume from Turkey amounted to -X%.
In value terms, Turkey ($X) constituted the largest supplier of titanium to Sudan.
From 2012 to 2019, the average annual growth rate of value from Turkey stood at -X%.
Import Prices by Country
The average titanium import price stood at $X per ton in 2019, declining by -X% against the previous year. Over the period under review, the import price recorded a dramatic contraction. Over the period under review, average import prices hit record highs at $X per ton in 2018, and then declined notably in the following year.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From 2012 to 2019, the rate of growth in terms of prices for Turkey amounted to -X% per year.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2021 | 2007-2021 | 2022-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the titanium market in Sudan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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