Price for Non-Furniture Refrigerating or Freezing Equipment in Sudan - 2022
Contents:
- Price for Non-Furniture Refrigerating or Freezing Equipment in Sudan (CIF) - 2022
- Price for Non-Furniture Refrigerating or Freezing Equipment in Sudan (FOB) - 2022
- Imports of Non-Furniture Refrigerating or Freezing Equipment in Sudan
- Exports of Non-Furniture Refrigerating or Freezing Equipment in Sudan
Price for Non-Furniture Refrigerating or Freezing Equipment in Sudan (CIF) - 2022
The average import price for non-furniture refrigerating or freezing equipment stood at $140 per unit in 2022, increasing by 19% against the previous year. Overall, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +7.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-furniture refrigerating or freezing equipment import price increased by +81.0% against 2015 indices. The pace of growth was the most pronounced in 2013 when the average import price increased by 49%. The import price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Egypt ($333 per unit), while the price for Hungary ($12 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Rwanda (+37.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Non-Furniture Refrigerating or Freezing Equipment in Sudan (FOB) - 2022
The average export price for non-furniture refrigerating or freezing equipment stood at $258 per unit in 2022, picking up by 2.4% against the previous year. In general, the export price showed a prominent increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 193% against the previous year. As a result, the export price reached the peak level of $317 per unit. From 2014 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Ethiopia.
From 2012 to 2022, the rate of growth in terms of prices for Ethiopia amounted to +2.4% per year.
Imports of Non-Furniture Refrigerating or Freezing Equipment in Sudan
In 2022, overseas purchases of non-furniture refrigerating or freezing equipment increased by 48% to 29K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a deep reduction. Imports peaked at 36K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, non-furniture refrigerating or freezing equipment imports skyrocketed to $4.1M in 2022. Overall, imports continue to indicate a slight expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Non-Furniture Refrigerating or Freezing Equipment in Sudan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 420 | 188 | 535 | 999 | 33.5% |
| China | 642 | 544 | 273 | 776 | 6.5% |
| Germany | 554 | 238 | 210 | 488 | -4.1% |
| Jordan | 274 | 224 | 230 | 347 | 8.2% |
| Turkey | 166 | 259 | 209 | 187 | 4.1% |
| Finland | 103 | 108 | 85.5 | 167 | 17.5% |
| Saudi Arabia | 259 | 128 | 54.9 | 116 | -23.5% |
| Italy | 412 | 68.0 | 87.4 | 28.7 | -58.9% |
| Hungary | 12.8 | 10.2 | 10.2 | 14.1 | 3.3% |
| Others | 1,077 | 582 | 628 | 992 | -2.7% |
| Total | 3,920 | 2,349 | 2,323 | 4,115 | 1.6% |
Top Suppliers of Non-Furniture Refrigerating or Freezing Equipment to Sudan in 2022:
- United Arab Emirates (7.5K units)
- China (7.4K units)
- Saudi Arabia (5.3K units)
- Germany (1.8K units)
- Turkey (1.5K units)
- Jordan (1.3K units)
- Hungary (1.2K units)
- Finland (0.7K units)
- Italy (0.2K units)
Exports of Non-Furniture Refrigerating or Freezing Equipment in Sudan
In 2022, overseas shipments of non-furniture refrigerating or freezing equipment decreased by -58% to 193 units, falling for the second year in a row after two years of growth. In general, exports recorded a dramatic decline. The most prominent rate of growth was recorded in 2020 with an increase of 76%. As a result, the exports attained the peak of 730 units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, non-furniture refrigerating or freezing equipment exports shrank notably to $50K in 2022. Overall, exports faced a dramatic shrinkage. The growth pace was the most rapid in 2020 with an increase of 85% against the previous year. As a result, the exports reached the peak of $182K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Non-Furniture Refrigerating or Freezing Equipment in Sudan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ethiopia | 90.4 | 73.7 | 0.3 | 49.7 | -18.1% |
| Uzbekistan | N/A | N/A | 114 | N/A | 0% |
| Egypt | 7.9 | 108 | 1.2 | N/A | -61.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 98.3 | 182 | 116 | 49.7 | -20.3% |
Top Export Markets for Non-Furniture Refrigerating or Freezing Equipment from Sudan in 2022:
- Ethiopia (193.0 units)
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