Sudan - Jacks And Hoists For Raising Vehicles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingJacks and Hoists Price in Sudan - 2022
Contents:
- Jacks and Hoists Price in Sudan (CIF) - 2022
- Jacks and Hoists Price in Sudan (FOB) - 2022
- Jacks and Hoists Imports in Sudan
- Jacks and Hoists Exports in Sudan
Jacks and Hoists Price in Sudan (CIF) - 2022
In 2022, the average jacks and hoists import price amounted to $14 per unit, stabilizing at the previous year. In general, the import price, however, continues to indicate a deep setback. The growth pace was the most rapid in 2018 when the average import price increased by 85% against the previous year. As a result, import price reached the peak level of $77 per unit. From 2019 to 2022, the average 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 the UK ($225 per unit), while the price for Saudi Arabia ($8.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+16.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Jacks and Hoists Price in Sudan (FOB) - 2022
In 2022, the average jacks and hoists export price amounted to $21 per unit, which is down by -31.1% against the previous year. Overall, the export price, however, showed significant growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 375% against the previous year. Over the period under review, the average export prices attained the maximum at $97 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Zimbabwe.
From 2012 to 2022, the rate of growth in terms of prices for Zimbabwe amounted to +15.3% per year.
Jacks and Hoists Imports in Sudan
In 2022, overseas purchases of jacks and hoists for raising vehicles increased by 9.2% to 16K units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a precipitous descent. Over the period under review, imports attained the maximum at 57K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, jacks and hoists imports expanded significantly to $226K in 2022. Over the period under review, imports, however, continue to indicate a dramatic slump. Imports peaked at $2.6M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Jacks and Hoists in Sudan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 228 | 50.1 | 59.9 | 122 | -18.8% |
United Arab Emirates | 19.9 | 7.9 | 11.4 | 23.1 | 5.1% |
Germany | 33.4 | 9.0 | 12.7 | 20.9 | -14.5% |
Saudi Arabia | 35.7 | 9.4 | 6.9 | 18.9 | -19.1% |
United Kingdom | 1,073 | 143 | 73.2 | 14.6 | -76.1% |
Japan | 13.6 | 1.4 | 6.9 | 10.3 | -8.8% |
South Korea | 6.3 | 2.2 | 3.5 | 5.2 | -6.2% |
Turkey | 47.3 | 9.7 | 2.9 | 0.6 | -76.7% |
Others | 1,150 | 13.4 | 27.4 | 10.2 | -79.3% |
Total | 2,607 | 247 | 205 | 226 | -55.7% |
Top Suppliers of Jacks and Hoists to Sudan in 2022:
- China (13.0K units)
- Saudi Arabia (2.3K units)
- Germany (1.7K units)
- Japan (1.2K units)
- United Arab Emirates (0.9K units)
- South Korea (0.5K units)
- United Kingdom (0.1K units)
Jacks and Hoists Exports in Sudan
In 2022, overseas shipments of jacks and hoists for raising vehicles increased by 50% to 3 units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, faced a dramatic curtailment. Over the period under review, the exports attained the peak figure at 10 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, jacks and hoists exports stood at $62 in 2022. Over the period under review, exports, however, showed a dramatic downturn. The exports peaked at $189 in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Jacks and Hoists in Sudan (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Zimbabwe | 189 | 63.0 | 3.0 | 58.0 | -32.5% |
Sri Lanka | N/A | N/A | 11.0 | N/A | 0% |
Others | N/A | N/A | 46.0 | 4.0 | -91.3% |
Total | 189 | 63.0 | 60.0 | 62.0 | -31.0% |
Top Export Markets for Jacks and Hoists from Sudan in 2022:
- Zimbabwe (1.0 units)
This report provides an in-depth analysis of the jacks and hoists 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.
Product coverage:
- Prodcom 28221370 - Jacks and hoists of a kind used for raising vehicles (excluding built-in jacking systems of a kind used in garages, hydraulic jacks and hoists)
Country coverage:
- Sudan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sudan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Global demand for hydraulic jacks and hoists for raising vehicles is expected to continue growing over the next seven years, with market performance forecasted to decelerate but still show positive growth. By 2030, the market volume is projected to reach 73M units with a value of $10.6B. China is the largest consumer and producer of hydraulic jacks, with the United States and India following closely behind. The United States is the largest importer and France is the largest exporter of hydraulic jacks. Overall, the market is expected to see steady growth in the coming years.
Global demand for hydraulic jacks and hoists for raising vehicles is expected to continue growing over the next seven years, with market performance forecasted to decelerate but still show positive growth. By 2030, the market volume is projected to reach 73M units with a value of $10.6B. China is the largest consumer and producer of hydraulic jacks, with the United States and India following closely behind. The United States is the largest importer and France is the largest exporter of hydraulic jacks. Overall, the market is expected to see steady growth in the coming years.