Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Sudan - 2022
Contents:
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Sudan (CIF) - 2022
- Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Sudan
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Sudan (CIF) - 2022
In 2022, the average import price for cotton yarn (other than sewing thread), put up for retail sale amounted to $5,065 per ton, standing approx. at the previous year. In general, the import price recorded a mild increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 37%. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in years to come.
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 Turkey ($17,083 per ton), while the price for Ethiopia ($2,543 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+43.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Sudan
In 2022, the amount of cotton yarn (other than sewing thread), put up for retail sale imported into Sudan shrank sharply to 1.3 tons, waning by -24.6% on the year before. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +5.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +41.0% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 87%. As a result, imports attained the peak of 1.7 tons, and then contracted markedly in the following year.
In value terms, imports of cotton yarn (other than sewing thread), put up for retail sale contracted sharply to $6.5K in 2022. Overall, imports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 92% against the previous year. As a result, imports attained the peak of $8.6K, and then reduced sharply in the following year.
Import of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Sudan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | N/A | 0.1 | 0.1 | 4.9 | 600.0% |
China | 0.2 | 0.4 | 3.3 | 0.8 | 58.7% |
Egypt | 4.1 | 3.2 | 3.9 | 0.6 | -47.3% |
Ethiopia | 0.8 | 0.8 | 1.2 | 0.2 | -37.0% |
Others | 0.1 | N/A | 0.1 | N/A | 0.0% |
Total | 5.2 | 4.5 | 8.6 | 6.5 | 7.7% |
Top Suppliers of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale to Sudan in 2022:
- United Arab Emirates (1046.0 kg)
- China (106.0 kg)
- Ethiopia (94.0 kg)
- Egypt (41.0 kg)
This report provides an in-depth analysis of the cotton yarn market in Sudan.
This report provides an in-depth analysis of the global cotton yarn market.
Learn about the world's best import markets for cotton yarn and how they drive the global textile industry. Discover the top players and find out how these countries rely on imports to meet their cotton yarn requirements.
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