Sudan Air Conditioner Market is estimated to grow at a CAGR of around 5.67% during the forecast period, i.e., 2023-28. The growth of the market ascribes to the hot & arid climate of the country, rapid electrification, economic development, increasing disposable incomes, and urbanization. According to the Asian Development Bank, the GDP of Sudan grew 0.7% in 2022 after contracting 1.9 in 2021. Inflation eased from 359.1% in 2021 to 139% in 2022 due to the unification of the exchange rate and reduced monetization of the fiscal deficit, leading to several infrastructure development activities and overall business & commercial growth.
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Sudan Air Conditioner Market Share, Trends, Growth Drivers, Revenue, Key Players, Challenges and Forecast Till 2028: Markntel Advisors
Markntel Advisors is dedicated to upholding its commitment to delivering top-notch market research. This report stands as evidence of our steadfast dedication to furnishing clients with thorough and invaluable insights. Regarding the release of this report, our analysts underscore, ” the Sudan Air Conditioner Market is anticipated to witness a […]