Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Sudan - 2022

Contents:

  1. Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Sudan (CIF) - 2022
  2. Imports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Sudan

Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Sudan (CIF) - 2022

In 2022, the average import price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms amounted to $2,964 per ton, shrinking by -2.7% against the previous year. Over the period under review, the import price recorded a mild reduction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 24%. Over the period under review, average import prices hit record highs at $3,412 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($22,585 per ton), while the price for China ($2,334 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Sudan

Imports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms into Sudan skyrocketed to 1.7K tons in 2022, jumping by 38% on the year before. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +10.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.7% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms surged to $4.9M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +12.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +95.6% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 46% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Sudan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,9241,5802,3312,97115.6%
South Korea9.22.2276566294.8%
United Arab Emirates21615721755937.3%
Egypt722422348216-33.1%
Austria10622.514414410.8%
Turkey50.524.461.614040.5%
India86.077.566.757.1-12.8%
Bahrain87.775.862.651.4-16.3%
Others241151161211-4.3%
Total3,4412,5123,6694,91512.6%

Top Suppliers of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm to Sudan in 2022:

  1. China (1273.0 tons)
  2. United Arab Emirates (150.5 tons)
  3. Egypt (44.5 tons)
  4. Turkey (36.4 tons)
  5. Austria (33.2 tons)
  6. South Korea (25.1 tons)
  7. India (21.5 tons)
  8. Bahrain (18.2 tons)

Source: IndexBox Market Intelligence Platform

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