Sudan: Wire And Cable Market 2024

Wire And Cable Market Size in Sudan

The Sudanese wire and cable market shrank markedly to $X in 2022, which is down 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 saw a perceptible descent. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Wire And Cable Exports

Exports from Sudan

Wire and cable exports from Sudan rose markedly to X tons in 2022, increasing by X% compared with 2021 figures. Overall, exports, however, continue to indicate a noticeable setback. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, wire and cable exports declined to $X in 2022. In general, exports, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2019 when exports increased by X%. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

South Africa (X kg) was the main destination for wire and cable exports from Sudan, with a X% share of total exports. Moreover, wire and cable exports to South Africa exceeded the volume sent to the second major destination, Thailand (X kg), twofold. The United Arab Emirates (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to South Africa amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (X% per year) and the United Arab Emirates (X% per year).

In value terms, Thailand ($X) emerged as the key foreign market for insulated wire and cable exports from Sudan, comprising X% of total exports. The second position in the ranking was held by Turkey ($X), with a X% share of total exports. It was followed by South Africa, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Thailand stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X.2% per year) and South Africa (X% per year).

Export Prices by Country

The average wire and cable export price stood at $X per ton in 2022, waning by X% against the previous year. In general, the export price showed a perceptible setback. The pace of growth appeared the most rapid in 2020 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

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 Thailand ($X per ton), while the average price for exports to the United Arab Emirates ($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 Thailand (X%), while the prices for the other major destinations experienced mixed trend patterns.

Wire And Cable Imports

Imports into Sudan

In 2022, overseas purchases of insulated wire and cable decreased by X% to X tons, falling for the second consecutive year after three years of growth. Over the period under review, imports saw a noticeable slump. The pace of growth was the most pronounced in 2018 with an increase of X%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, wire and cable imports declined sharply to $X in 2022. Overall, imports continue to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

China (X tons), Saudi Arabia (X tons) and the United Arab Emirates (X tons) were the main suppliers of wire and cable imports to Sudan, with a combined X% share of total imports. Turkey, Egypt, India and Uganda 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 Uganda (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, China ($X) constituted the largest supplier of insulated wire and cable to Sudan, comprising X% of total imports. The second position in the ranking was held by Saudi Arabia ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

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

Import Prices by Country

The average wire and cable import price stood at $X per ton in 2022, approximately mirroring the previous year. Over the period under review, the import price showed a slight reduction. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 India ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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