The Sudanese Crane Market fell to $X in 2020, down -X% from the previous year. Overall, consumption continues to show moderate cuts. In 2010, the growth rate was the fastest, and the market value increased by X% year-on-year. During the period under review, the market peaked at $X in 2018; however, from 2019 to 2020, consumption failed to regain momentum.
In value terms, crane production in 2020 dropped significantly to $X (estimated at export prices). During the period under review, production volumes decreased slightly. The most significant growth rate occurred in 2010, with an X% year-on-year increase. As a result, production peaked at X dollars. Production growth remained low from 2011 to 2020.
In 2020, overseas shipments of cranes and mobile cranes increased by X% to X units, the second consecutive year of growth after two years of decline. Overall, however, there was a sudden contraction in exports. The most significant growth rate occurred in 2011, when exports increased by X% year-on-year. During the period under review, exports reached a maximum of X units in 2009; however, from 2010 to 2020, exports were slightly lower.
Crane exports surged to $X in 2020 by value. During the review period, however, exports fell sharply. In 2013, the growth rate was the fastest, with exports increasing by X% year-on-year. During the period under review, exports peaked at $X in 2007; however, from 2008 to 2020, exports have been at lower levels.
Ả Rập Saudi (X units) was the main destination for Sudanese crane exports, accounting for about X% of total exports.
From 2007 to 2020, the average annual growth rate of shipments to Saudi Arabia was -X%. In terms of value, Saudi Arabia ($X) remains the main foreign market for Sudanese crane exports.
From 2007 to 2020, the value to Saudi Arabia has grown at an average annual rate of -X%.
In 2020, after three years of decline, the supply of cranes, mobile hoisting frames from abroad saw a significant increase, with the number increasing by X% to X units. Overall, imports showed a marked increase. As a result, imports peaked and may continue to grow in the short term.
In terms of value, crane imports surged to $X in 2020. Imports continued to show a relatively flat trend pattern during the period under review. Imports peaked at $X in 2012; however, imports declined slightly from 2013 to 2020.
In 2020, Kuwait (X units) was the largest crane supplier to Sudan, accounting for X% of total imports. In addition, the number of cranes imported from Kuwait exceeded the number recorded by the second largest supplier, Ethiopia (X units).
From 2007 to 2020, the average annual growth rate of Kuwait's exports has been relatively modest. The average annual growth rates of imports for the remaining suppliers are as follows: Ethiopia (+X% per annum) and the Các Tiểu Vương Quốc Ả Rập Thống Nhất (+X% per annum).
By value, Sudan's largest crane suppliers are Ethiopia ($X), Kuwait ($X), and the United Arab Emirates ($X), with X% of total imports.
In terms of major suppliers, Kuwait experienced the highest growth in import value during the period under review, while procurement by other leaders showed a mixed trend.
Ethiopia, Kuwait and the United Arab Emirates are Sudan's largest crane suppliers by value, together accounting for 6.6% of total imports.
In terms of value, Saudi Arabia remains the main foreign market for Sudanese crane exports.
The average export price of cranes in 2020 was US$1,595/unit, a year-on-year decrease of -37.8%.
In 2020, the average price of crane imports was $5,647 per unit, down -82.8% from the previous year.
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