Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Sudan - 2022
Contents:
- Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Sudan (CIF) - 2022
- Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Sudan
Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Sudan (CIF) - 2022
In 2022, the average import price for iron or steel cast fittings, other than of non-malleable cast ira amounted to $2,843 per ton, picking up by 7% against the previous year. Overall, the import price, however, faced a deep slump. The pace of growth was the most pronounced in 2019 when the average import price increased by 63%. Over the period under review, average import prices hit record highs at $9,154 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 Iran ($10,247 per ton), while the price for China ($2,389 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+13.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Sudan
In 2022, imports of iron or steel cast fittings, other than of non-malleable cast ira into Sudan skyrocketed to 929 tons, growing by 21% against the previous year's figure. Over the period under review, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 288% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of iron or steel cast fittings, other than of non-malleable cast ira soared to $2.6M in 2022. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 196%. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the near future.
| Import of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Sudan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 306 | 298 | 1,619 | 2,006 | 87.2% |
| India | 175 | 92.3 | 69.4 | 253 | 13.1% |
| Iran | 94.0 | 109 | 142 | 171 | 22.1% |
| United Arab Emirates | 80.7 | 34.4 | 58.9 | 81.3 | 0.2% |
| Others | 108 | 157 | 152 | 130 | 6.4% |
| Total | 763 | 690 | 2,041 | 2,641 | 51.3% |
Top Suppliers of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron to Sudan in 2022:
- China (839.8 tons)
- India (45.0 tons)
- Iran (16.7 tons)
- United Arab Emirates (13.0 tons)
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