Plugs and Socket Price in Sudan - 2022

Contents:

1. Plugs and Socket Price in Sudan (CIF) - 2022
2. Plugs and Socket Price in Sudan (FOB) - 2022
3. Plugs and Socket Imports in Sudan
4. Plugs and Socket Exports in Sudan

Plugs and Socket Price in Sudan (CIF) - 2022

The average plugs and socket import price stood at $0.1 per unit in 2022, growing by 5.9% against the previous year. Over the period under review, the import price, however, saw a pronounced decrease. The growth pace was the most rapid in 2015 when the average import price increased by 32% against the previous year. The import price peaked at $0.1 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($0.4 per unit), while the price for China (less than $0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (-4.8%), while the prices for the other major suppliers experienced a decline.

Plugs and Socket Price in Sudan (FOB) - 2022

The average plugs and socket export price stood at $0.5 per unit in 2022, which is down by -8.7% against the previous year. Over the period under review, the export price recorded a noticeable downturn. The most prominent rate of growth was recorded in 2018 when the average export price increased by 96%. Over the period under review, the average export prices reached the peak figure at $0.6 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Singapore (less than $0.1 per unit), while the average price for exports to Austria amounted to less than $0.1 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ethiopia (+96.3%).

Plugs and Socket Imports in Sudan

In 2022, plugs and socket imports into Sudan soared to 113M units, picking up by 33% compared with the year before. The total import volume increased at an average annual rate of +9.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, plugs and socket imports skyrocketed to $8.3M in 2022. The total import value increased at an average annual rate of +8.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Plugs and Socket to Sudan in 2022:

1. United Arab Emirates (90.5M units)
2. China (10.9M units)
3. Turkey (7.4M units)
4. France (1.9M units)

Plugs and Socket Exports in Sudan

For the fourth year in a row, Sudan recorded growth in shipments abroad of electrical plugs and sockets for under 1000 v, which increased by 557% to 16K units in 2022. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, plugs and socket exports surged to $7.9K in 2022. Over the period under review, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 578%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Top Export Markets for Plugs and Socket from Sudan in 2022:

1. Austria (7.8K units)
2. Singapore (7.8K units)

Source: IndexBox Market Intelligence Platform