Price for Tools, Hand; Other than Household Tools in Sudan - 2022

Contents:

  1. Price for Tools, Hand; Other than Household Tools in Sudan (CIF) - 2022
  2. Price for Tools, Hand; Other than Household Tools in Sudan (FOB) - 2022
  3. Imports of Tools, Hand; Other than Household Tools in Sudan
  4. Exports of Tools, Hand; Other than Household Tools in Sudan

Price for Tools, Hand; Other than Household Tools in Sudan (CIF) - 2022

The average import price for tools, hand; other than household toolses stood at $5,582 per ton in 2022, shrinking by -10.9% against the previous year. Over the period under review, the import price, however, enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2018 when the average import price increased by 61%. The import price peaked at $6,267 per ton in 2021, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($8,885 per ton), while the price for Bahrain ($2,165 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tools, Hand; Other than Household Tools in Sudan (FOB) - 2022

In 2022, the average export price for tools, hand; other than household toolses amounted to $7,869 per ton, waning by -7.2% against the previous year. In general, the export price, however, enjoyed a pronounced expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by 63%. As a result, the export price reached the peak level of $16,094 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($51,714 per ton), while the average price for exports to Mozambique ($3,957 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+7.0%), while the prices for the other major destinations experienced a decline.

Imports of Tools, Hand; Other than Household Tools in Sudan

In 2022, imports of tools, hand; other than household toolses into Sudan contracted to 291 tons, which is down by -2.3% compared with 2021. Over the period under review, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 3.1% against the previous year.

In value terms, imports of tools, hand; other than household toolses contracted to $1.6M in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 12%. As a result, imports attained the peak of $1.9M, and then contracted in the following year.

Import of Tools, Hand; Other than Household Tools in Sudan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,0311,1661,184649-14.3%
United Arab Emirates20610928256540.0%
India70.550.857.311317.0%
Saudi Arabia6.69.332.132.770.5%
Italy12986.228.032.6-36.8%
Bahrain12.417.520.431.836.9%
Pakistan17.934.960.925.712.8%
Egypt5.04.661.60.1-72.9%
Others12818213917210.4%
Total1,6061,6601,8661,6230.4%

Top Suppliers of Tools, Hand; Other than Household Tools to Sudan in 2022:

  1. China (154.9 tons)
  2. United Arab Emirates (63.6 tons)
  3. India (24.8 tons)
  4. Bahrain (14.7 tons)
  5. Pakistan (7.8 tons)
  6. Saudi Arabia (7.8 tons)
  7. Italy (4.5 tons)
  8. Egypt (0.1 tons)

Exports of Tools, Hand; Other than Household Tools in Sudan

In 2022, exports of tools, hand; other than household toolses from Sudan surged to 464 kg, increasing by 26% compared with 2021 figures. Overall, exports enjoyed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 129% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of tools, hand; other than household toolses surged to $3.7K in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +18.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

Export of Tools, Hand; Other than Household Tools in Sudan (USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwitzerlandN/AN/AN/A1,5590%
MozambiqueN/AN/AN/A1,4560%
ChinaN/AN/AN/A3620%
South Africa13170.07.0104-7.4%
Kenya1,951194N/AN/A-90.1%
Sri LankaN/AN/A28.0N/A0%
RwandaN/AN/A2,360N/A0%
EthiopiaN/A275N/AN/A0%
Others1142,03671817014.2%
Total2,1962,5753,1133,65118.5%

Top Export Markets for Tools, Hand; Other than Household Tools from Sudan in 2022:

  1. Mozambique (368.0 kg)
  2. Switzerland (78.0 kg)
  3. South Africa (7.0 kg)
  4. China (7.0 kg)

Source: IndexBox Market Intelligence Platform

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