From January to October 2021, the bilateral import and export volume of goods between China and Sudan was US$2,458.79 million, a decrease of US$273.6355 million compared with the same period in 2020, a year-on-year decrease of 9.9%.
From January to October 2021, the total value of China’s exports to Sudan was US$1,694.9331 million, a decrease of US$328.275 million or 16.1% compared with the same period in 2020; the total value of China’s imports from Sudan was US$763.8554 million, compared with 2020. During the same period, it increased by $54.6394 million, a year-on-year increase of 7.7%.
In recent years, in order to eliminate the negative impact, the Sudanese government has made great efforts to change its financial dependence on oil exports. It has taken the development of agriculture as a long-term strategy, and has gradually increased investment in infrastructure such as water conservancy, roads, railways, and power stations, as well as in areas such as education and health. strength. As a Chinese crane supplier, Dongqi Crane is very concerned about the infrastructure construction in Sudan, and the development of the construction field and industrial and mining enterprises will be beneficial to the sales of cranes. In the past 2021, Dongqi Crane has reached two crane cooperation orders with Sudanese customers. For 2022, Dongqi Lifting is full of expectations. This article will study the development of the Sudanese crane market in 2022 from the analysis of the import and export data of overhead cranes in Sudan
Before we start discussing the aerial crane market in China, we have a few small questions that need to be answered first. Let’s take a look
Sudan Overhead Crane Market reached X USD in 2020, growing X% year-on-year. From 2007 to 2020, market capitalization has grown at an average annual rate of +X%; however, trend patterns suggest that some notable fluctuations were recorded throughout the analysis period. The most significant growth rate occurred in 2018, when the market cap increased by X% year-over-year. During the period under review, the market reached its highest level in 2020 and is expected to maintain growth in the near term.
In value terms, the production of overhead cranes in 2020 increased slightly to $X at export prices. Gross output grew at an average annual rate of +X% from 2007-2020; however, the trend pattern suggests that some notable fluctuations were recorded throughout the analysis period. The most significant growth rate occurred in 2014, with an X% year-over-year increase. As a result, production reached a peak level of X dollars. Production growth failed to regain momentum between 2015 and 2020.
Sudan's bridge crane exports in 2020 were X units, roughly mirroring the previous year's figures. Overall, exports fell sharply. During the period under review, exports reached a maximum of X units in 2013; however, from 2014 to 2020, exports were slightly lower.
Exports of overhead cranes in 2020 are worth X dollars by value. Exports contracted sharply during the period under review. Exports peaked at $X in 2013; however, from 2014 to 2020, exports failed to regain momentum.
The United Arab Emirates (X units) is the main destination for Sudanese bridge crane exports, accounting for approximately X% of total exports.
From 2007 to 2014, the average annual growth rate of cargo traffic to the United Arab Emirates was relatively modest.
From 2007 to 2014, the average annual value growth rate for the United Arab Emirates was relatively modest.
In 2020, the number of fixed-support overhead cranes imported from Sudan soared to X units, an increase of X% over 2019. Overall, imports have grown significantly. During the period under review, imports peaked at X units in 2013; however, from 2014 to 2020, imports failed to regain momentum.
Overhead crane imports surged to $X in 2020 by value. During the period under review, imports recorded moderate growth. The most significant growth rate occurred in 2011, when imports increased by X% year-on-year. Imports peaked at $X in 2013; however, from 2014 to 2020, imports failed to regain momentum.
In 2020, South Korea (X units) was the main supplier of bridge cranes in Sudan, accounting for X% of total imports. It was followed by India (X units) with X% of total imports.
From 2007 to 2020, the average annual growth rate of sales in South Korea reached +X%.
South Korea ($X) is Sudan's largest supplier of overhead cranes by value, accounting for X% of total imports. In second place is India ($X) with X% of total imports.
From 2007 to 2020, South Korea has experienced an average annual value growth rate of +X%.
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