Sudan: Market for Wood Chips, Parts, Residues, Pellets And Other Agglomerates 2021

Market Size for Wood Chips, Parts, Residues, Pellets And Other Agglomerates in Sudan

In 2020, the Sudanese market for wood chips, parts, residues, pellets and other agglomerates was finally on the rise to reach $X for the first time since 2017, thus ending a two-year declining trend. Over the period under review, consumption showed a prominent expansion. The growth pace was the most rapid in 2017 when the market value increased by X% against the previous year. As a result, consumption reached the peak level of $X. from 2018 to 2020, the growth of the market failed to regain the momentum.

Production of Wood Chips, Parts, Residues, Pellets And Other Agglomerates in Sudan

In value terms, production of wood chips, parts, residues, pellets and other agglomerates shrank dramatically to $X in 2020 estimated in export prices. Over the period under review, production enjoyed a prominent increase. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% year-to-year. Production peaked at $X in 2019, and then shrank notably in the following year.

Exports of Wood Chips, Parts, Residues, Pellets And Other Agglomerates

Exports from Sudan

After four years of decline, shipments abroad of wood chips, parts, residues, pellets and other agglomerates decreased by -X% to X cubic meters in 2020. Overall, exports saw a dramatic decrease. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. As a result, exports attained the peak of X cubic meters. from 2016 to 2020, the growth of exports remained at a lower figure.

In value terms, exports of wood chips, parts, residues, pellets and other agglomerates reduced notably to $X in 2020. Over the period under review, exports saw a dramatic descent. The growth pace was the most rapid in 2015 with an increase of X% y-o-y. As a result, exports attained the peak of $X. from 2016 to 2020, the growth of exports failed to regain the momentum.

Exports by Country

The United Arab Emirates (X cubic meters) was the main destination for exports of wood chips, parts, residues, pellets and other agglomerates from Sudan, accounting for a approx. X% share of total exports.

From 2007 to 2019, the average annual growth rate of volume to the United Arab Emirates stood at -X%.

From 2007 to 2019, the average annual rate of growth in terms of value to the United Arab Emirates stood at -X%.

Export Prices by Country

The average export price for wood chips, parts, residues, pellets and other agglomerates stood at $X per cubic meter in 2019, approximately equating the previous year. Overall, the export price continues to indicate strong growth. The growth pace was the most rapid in 2017 when the average export price increased by X% against the previous year. Over the period under review, average export prices hit record highs in 2019 and is expected to retain growth in the near future.

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

From 2007 to 2019, the rate of growth in terms of prices for the United Arab Emirates amounted to +X% per year.

Imports of Wood Chips, Parts, Residues, Pellets And Other Agglomerates

Imports into Sudan

In 2020, overseas purchases of wood chips, parts, residues, pellets and other agglomerates increased by X% to X cubic meters for the first time since 2017, thus ending a two-year declining trend. In general, imports enjoyed significant growth. The growth pace was the most rapid in 2017 when imports increased by X% y-o-y. As a result, imports reached the peak of X cubic meters. from 2018 to 2020, the growth of imports failed to regain the momentum.

In value terms, imports of wood chips, parts, residues, pellets and other agglomerates declined markedly to $X in 2020. Overall, imports recorded prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. As a result, imports reached the peak of $X. from 2018 to 2020, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2020, Egypt (X cubic meters) was the main wood chips, parts, residues, pellets and other agglomerates supplier to Sudan, accounting for a X% share of total imports. Moreover, imports of wood chips, parts, residues, pellets and other agglomerates from Egypt exceeded the figures recorded by the second-largest supplier, Germany (X cubic meters), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume from Egypt totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and China (+X% per year).

In value terms, Egypt ($X) constituted the largest supplier of wood chips, parts, residues, pellets and other agglomerates to Sudan, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value from Egypt stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and China (+X% per year).

Import Prices by Country

In 2020, the average import price for wood chips, parts, residues, pellets and other agglomerates amounted to $X per cubic meter, reducing by -X% against the previous year. Overall, the import price continues to indicate a noticeable decrease. The pace of growth was the most pronounced in 2012 when the average import price increased by X% against the previous year. The import price peaked at $X per cubic meter in 2016; however, from 2017 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per cubic meter), while the price for Egypt ($X per cubic meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Egypt, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform