Price for Tractors; (Other than Tractors of Heading No 8709) in Sudan - 2022

Contents:

1. Price for Tractors; (Other than Tractors of Heading No 8709) in Sudan (CIF) - 2022
2. Price for Tractors; (Other than Tractors of Heading No 8709) in Sudan (FOB) - 2022
3. Imports of Tractors; (Other than Tractors of Heading No 8709) in Sudan
4. Exports of Tractors; (Other than Tractors of Heading No 8709) in Sudan

Price for Tractors; (Other than Tractors of Heading No 8709) in Sudan (CIF) - 2022

The average import price for tractors; (other than tractors of heading no 8709)s stood at $11,843 per unit in 2022, dropping by -10.5% against the previous year. Over the period under review, the import price saw a deep reduction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 27% against the previous year. Over the period under review, average import prices attained the peak figure at $34,561 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($52,835 per unit), while the price for Saudi Arabia ($3,600 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tractors; (Other than Tractors of Heading No 8709) in Sudan (FOB) - 2022

The average export price for tractors; (other than tractors of heading no 8709)s stood at $40,470 per unit in 2022, picking up by 99% against the previous year. In general, the export price posted a significant expansion. The growth pace was the most rapid in 2013 when the average export price increased by 2,537% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Angola ($101,531 per unit), while the average price for exports to the United Arab Emirates ($8,125 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 Egypt (+40.7%).

Imports of Tractors; (Other than Tractors of Heading No 8709) in Sudan

In 2022, supplies from abroad of tractors; (other than tractors of heading no 8709)s decreased by -24.1% to 5.9K units, falling for the second consecutive year after two years of growth. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 123% against the previous year. As a result, imports reached the peak of 13K units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of tractors; (other than tractors of heading no 8709)s fell notably to $70M in 2022. In general, imports continue to indicate a deep contraction. The growth pace was the most rapid in 2020 with an increase of 77% against the previous year. As a result, imports reached the peak of $171M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Top Suppliers of Tractors; (Other than Tractors of Heading No 8709) to Sudan in 2022:

1. Turkey (1632.0 units)
2. India (1588.0 units)
3. United Kingdom (470.0 units)
4. Belarus (452.0 units)
5. New Zealand (333.0 units)
6. China (223.0 units)
7. Saudi Arabia (187.0 units)
8. United Arab Emirates (137.0 units)
9. Spain (128.0 units)
10. Poland (93.0 units)
11. Italy (87.0 units)
12. Japan (59.0 units)
13. Netherlands (46.0 units)

Exports of Tractors; (Other than Tractors of Heading No 8709) in Sudan

In 2022, exports of tractors; (other than tractors of heading no 8709)s from Sudan soared to 16 units, jumping by 1,500% compared with the previous year's figure. In general, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of tractors; (other than tractors of heading no 8709)s soared to $648K in 2022. Over the period under review, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Tractors; (Other than Tractors of Heading No 8709) from Sudan in 2022:

1. United Arab Emirates (10.0 units)
2. Angola (5.0 units)
3. Austria (1.0 units)

Source: IndexBox Market Intelligence Platform