Price for Machines; Parts and Accessories, of Heading No. 8472 in Sudan - 2022

Contents:

  1. Price for Machines; Parts and Accessories, of Heading No. 8472 in Sudan (CIF) - 2022
  2. Price for Machines; Parts and Accessories, of Heading No. 8472 in Sudan (FOB) - 2022
  3. Imports of Machines; Parts and Accessories, of Heading No. 8472 in Sudan
  4. Exports of Machines; Parts and Accessories, of Heading No. 8472 in Sudan

Price for Machines; Parts and Accessories, of Heading No. 8472 in Sudan (CIF) - 2022

In 2022, the average import price for machines; parts and accessories, of heading no. 8472 amounted to $68,216 per ton, reducing by -54.1% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 98%. As a result, import price attained the peak level of $169,560 per ton. From 2020 to 2022, the average import prices remained at a 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 Germany ($969,950 per ton), while the price for Saudi Arabia ($4,222 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+25.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machines; Parts and Accessories, of Heading No. 8472 in Sudan (FOB) - 2022

The average export price for machines; parts and accessories, of heading no. 8472 stood at $48,598 per ton in 2022, approximately mirroring the previous year. Overall, the export price recorded a drastic downturn. The pace of growth appeared the most rapid in 2013 when the average export price increased by 0.9% against the previous year. As a result, the export price attained the peak level of $100,000 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to -26.1% per year.

Imports of Machines; Parts and Accessories, of Heading No. 8472 in Sudan

Imports of machines; parts and accessories, of heading no. 8472 into Sudan surged to 5.7 tons in 2022, increasing by 115% on the year before. Over the period under review, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of machines; parts and accessories, of heading no. 8472 declined modestly to $390K in 2022. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 123%. As a result, imports attained the peak of $395K, and then shrank in the following year.

Import of Machines; Parts and Accessories, of Heading No. 8472 in Sudan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany21878.2251154-10.9%
China10.81.232.065.081.9%
Hong Kong SAR13.820.935.550.153.7%
Taiwan (Chinese)11.517.121.235.345.3%
United Arab Emirates4.45.910.631.091.7%
Netherlands5.55.47.210.122.5%
Italy99.430.06.49.7-54.0%
Egypt6.34.54.54.6-10.0%
Others12.114.026.630.435.9%
Total3821773953900.7%

Top Suppliers of Machines; Parts and Accessories, of Heading No. 8472 to Sudan in 2022:

  1. United Arab Emirates (2046.0 kg)
  2. Netherlands (1573.0 kg)
  3. Taiwan (Chinese) (698.0 kg)
  4. China (413.0 kg)
  5. Egypt (343.0 kg)
  6. Hong Kong SAR (201.0 kg)
  7. Germany (159.0 kg)
  8. Italy (46.0 kg)

Exports of Machines; Parts and Accessories, of Heading No. 8472 in Sudan

In 2022, overseas shipments of machines; parts and accessories, of heading no. 8472 decreased by 0% to 87 kg, falling for the second year in a row after two years of growth. Over the period under review, exports showed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 325%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of machines; parts and accessories, of heading no. 8472 stood at $4.2K in 2022. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 266%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.

Export of Machines; Parts and Accessories, of Heading No. 8472 in Sudan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/AN/AN/A4.20%
Germany0.72.4N/AN/A242.9%
OthersN/AN/AN/AN/A0%
Total0.72.4N/A4.281.7%

Top Export Markets for Machines; Parts and Accessories, of Heading No. 8472 from Sudan in 2022:

  1. India (87.0 kg)

Source: IndexBox Market Intelligence Platform

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