Sudan: Transmission Shaft Market 2024

Transmission Shaft Market Size in Sudan

For the third year in a row, the Sudanese transmission shaft market recorded growth in sales value, which increased by X% to $X in 2022. Overall, consumption recorded a resilient expansion. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in years to come.

Transmission Shaft Exports

Exports from Sudan

After two years of growth, shipments abroad of transmission shafts and cranks, bearing housings and plain shaft bearings, gears and gearing and articulated link chain decreased by X% to X tons in 2022. Over the period under review, exports showed a abrupt descent. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, transmission shaft exports contracted to $X in 2022. In general, exports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2018 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Italy (X tons) was the main destination for transmission shaft exports from Sudan, with a X% share of total exports. Moreover, transmission shaft exports to Italy exceeded the volume sent to the second major destination, China (X kg), threefold. Ukraine (X kg) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Italy stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Ukraine (X% per year).

In value terms, the largest markets for transmission shaft exported from Sudan were China ($X), Italy ($X) and Ukraine ($X), together accounting for X% of total exports.

China, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average transmission shaft export price amounted to $X per ton, leveling off at the previous year. Over the period under review, the export price saw a abrupt descent. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton 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 export markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Italy ($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 China (X%), while the prices for the other major destinations experienced a decline.

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Transmission Shaft Imports

Imports into Sudan

For the sixth year in a row, Sudan recorded growth in purchases abroad of transmission shafts and cranks, bearing housings and plain shaft bearings, gears and gearing and articulated link chain, which increased by X% to X tons in 2022. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, transmission shaft imports fell modestly to $X in 2022. In general, imports posted a strong expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then fell slightly in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of transmission shaft to Sudan, accounting for a X% share of total imports. Moreover, transmission shaft imports from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), threefold. The third position in this ranking was taken by India (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled 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).

In value terms, the largest transmission shaft suppliers to Sudan were China ($X), India ($X) and the United Arab Emirates ($X), with a combined X% share of total imports. Poland, Germany, Turkey, Portugal and Taiwan (Chinese) lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Poland, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average transmission shaft import price stood at $X per ton in 2022, falling by X% against the previous year. Overall, the import price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2016 an increase of X%. The import price peaked at $X per ton in 2012; however, from 2013 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 Poland ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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