Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Sudan - 2022

Contents:

  1. Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Sudan (CIF) - 2022
  2. Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Sudan (FOB) - 2022
  3. Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Sudan
  4. Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Sudan

Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Sudan (CIF) - 2022

In 2022, the average import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment amounted to $31 per thousand units, falling by -6.1% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average import price increased by 46% against the previous year. The import price peaked at $33 per thousand units in 2021, and then fell in the following year.

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 ($85 per thousand units), while the price for Saudi Arabia ($3.3 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Sudan (FOB) - 2022

The average export price for electrical circuit prefabricated elements, connectors, contact elements and other equipment stood at $0.1 per unit in 2022, growing by 28% against the previous year. In general, the export price, however, saw a slight decrease. The most prominent rate of growth was recorded in 2017 when the average export price increased by 56%. As a result, the export price reached the peak level of $0.1 per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($0.2 per unit), while the average price for exports to Poland ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+100.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Sudan

After three years of growth, overseas purchases of electrical circuit prefabricated elements, connectors, contact elements and other equipment decreased by -38.7% to 72M units in 2022. Overall, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 6.7% against the previous year. As a result, imports reached the peak of 118M units, and then declined significantly in the following year.

In value terms, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment dropped dramatically to $2.2M in 2022. Over the period under review, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 28% against the previous year. As a result, imports attained the peak of $3.9M, and then dropped remarkably in the following year.

Import of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Sudan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8331,0151,222634-8.7%
Egypt16236775641036.3%
United Arab Emirates3434985473742.9%
India629612742284-23.3%
Turkey345204209170-21.0%
Others536343408362-12.3%
Total2,8483,0393,8842,234-7.8%

Top Suppliers of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment to Sudan in 2022:

  1. China (41.0M units)
  2. Turkey (9.2M units)
  3. United Arab Emirates (8.5M units)
  4. Egypt (5.0M units)
  5. India (3.3M units)

Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Sudan

In 2022, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment from Sudan expanded markedly to 817K units, with an increase of 11% against the year before. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 76%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment skyrocketed to $83K in 2022. Overall, exports recorded a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 94%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.

Export of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Sudan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PolandN/AN/AN/A74.80%
TurkeyN/AN/AN/A4.50%
South Africa15.71.51.82.0-49.7%
Kenya2.0N/AN/AN/A0%
Sri LankaN/AN/A0.3N/A0%
SenegalN/A38.5N/AN/A0%
UzbekistanN/AN/A45.5N/A0%
United Arab EmiratesN/AN/A10.0N/A0%
Others3.31.01.11.8-18.3%
Total21.141.058.683.057.9%

Top Export Markets for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment from Sudan in 2022:

  1. Poland (756.5K units)
  2. Turkey (37.0K units)
  3. South Africa (12.0K units)

Source: IndexBox Market Intelligence Platform

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