Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Sudan - 2022

Contents:

  1. Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Sudan (CIF) - 2022
  2. Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Sudan

Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Sudan (CIF) - 2022

In 2022, the average import price for tools; for working in the hand, pneumatic, other than rotary type amounted to $275 per unit, rising by 255% against the previous year. In general, the import price recorded a resilient increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($392 per unit), while the price for China ($27 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+23.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Sudan

In 2022, purchases abroad of tools; for working in the hand, pneumatic, other than rotary type decreased by -59.7% to 2.6K units, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2020 with an increase of 83% against the previous year. As a result, imports attained the peak of 7.7K units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type soared to $702K in 2022. In general, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 76%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Sudan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates14779.131861761.3%
Saudi Arabia7.115.038.648.890.1%
China68.815711521.8-31.8%
Others15.727.519.815.0-1.5%
Total23827949170243.4%

Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to Sudan in 2022:

  1. United Arab Emirates (1572.0 units)
  2. China (813.0 units)
  3. Saudi Arabia (125.0 units)

Source: IndexBox Market Intelligence Platform

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