Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Sudan - 2022
Contents:
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Sudan (CIF) - 2022
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Sudan (FOB) - 2022
- Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Sudan
- Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Sudan
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Sudan (CIF) - 2022
The average import price for iron or steel; non-threaded cotters and cotter-pinses stood at $5,469 per ton in 2022, with an increase of 3.2% against the previous year. In general, the import price, however, saw a perceptible decrease. The growth pace was the most rapid in 2015 when the average import price increased by 75% against the previous year. The import price peaked at $10,438 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
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 Egypt ($31,667 per ton), while the price for South Korea ($2,256 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+27.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Sudan (FOB) - 2022
The average export price for iron or steel; non-threaded cotters and cotter-pinses stood at $2,656 per ton in 2022, surging by 3.5% against the previous year. Overall, the export price, however, saw a deep reduction. The most prominent rate of growth was recorded in 2021 when the average export price increased by 12%. Over the period under review, the average export prices hit record highs at $21,439 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for South Africa.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to 0.0% per year.
Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Sudan
In 2022, imports of iron or steel; non-threaded cotters and cotter-pinses into Sudan soared to 50 tons, rising by 52% on 2021 figures. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +8.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of iron or steel; non-threaded cotters and cotter-pinses surged to $272K in 2022. Over the period under review, total imports indicated a mild increase from 2019 to 2022: its value increased at an average annual rate of +1.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Sudan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 170 | 179 | 93.5 | 131 | -8.3% |
| India | 19.4 | 3.5 | 5.5 | 11.8 | -15.3% |
| Turkey | 24.8 | 34.5 | 28.9 | 10.2 | -25.6% |
| South Korea | 2.6 | 1.5 | 0.4 | 4.9 | 23.5% |
| Others | 45.2 | 24.9 | 45.3 | 114 | 36.1% |
| Total | 262 | 243 | 174 | 272 | 1.3% |
Top Suppliers of Iron or Steel; Non-Threaded Cotters and Cotter-Pins to Sudan in 2022:
- China (41.1 tons)
- Turkey (2.8 tons)
- India (2.2 tons)
- South Korea (2.2 tons)
Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Sudan
For the third consecutive year, Sudan recorded growth in shipments abroad of iron or steel; non-threaded cotters and cotter-pinses, which increased by 6.7% to 32 kg in 2022. The total export volume increased at an average annual rate of +3.3% over the period from 2020 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of iron or steel; non-threaded cotters and cotter-pinses rose rapidly to $85 in 2022. The total export value increased at an average annual rate of +11.0% over the period from 2020 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 12% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Sudan (USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 |
| South Africa | N/A | N/A | 85.0 | 0% |
| Uzbekistan | N/A | 72.0 | N/A | 0% |
| Sri Lanka | 69.0 | 5.0 | N/A | -92.8% |
| Others | N/A | N/A | N/A | 0% |
| Total | 69.0 | 77.0 | 85.0 | 11.0% |
Top Export Markets for Iron or Steel; Non-Threaded Cotters and Cotter-Pins from Sudan in 2022:
- South Africa (32.0 kg)
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