Price for Embroidery; in the Piece, in Strips or in Motifs in Sudan - 2022
Contents:
- Price for Embroidery; in the Piece, in Strips or in Motifs in Sudan (CIF) - 2022
- Imports of Embroidery; in the Piece, in Strips or in Motifs in Sudan
Price for Embroidery; in the Piece, in Strips or in Motifs in Sudan (CIF) - 2022
The average import price for embroidery; in the piece, in strips or in motifses stood at $135,772 per ton in 2022, rising by 11% against the previous year. In general, the import price continues to indicate a strong increase. The pace of growth was the most pronounced in 2017 an increase of 106%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in the near future.
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 Saudi Arabia ($214,575 per ton), while the price for Egypt ($50,871 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Embroidery; in the Piece, in Strips or in Motifs in Sudan
For the third consecutive year, Sudan recorded decline in purchases abroad of embroidery; in the piece, in strips or in motifses, which decreased by -1.3% to 377 tons in 2022. Overall, imports saw a mild reduction. The smallest decline of -1% was in 2020.
In value terms, imports of embroidery; in the piece, in strips or in motifses rose markedly to $51M in 2022. The total import value increased at an average annual rate of +9.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Embroidery; in the Piece, in Strips or in Motifs in Sudan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Pakistan | 8.2 | 14.0 | 15.2 | 18.1 | 30.2% |
China | 13.3 | 12.1 | 17.7 | 17.3 | 9.2% |
India | 10.0 | 8.6 | 7.9 | 8.0 | -7.2% |
Egypt | 0.8 | 1.4 | 1.5 | 1.7 | 28.6% |
United Arab Emirates | 3.6 | 1.3 | 0.6 | 0.6 | -45.0% |
Others | 3.1 | 5.4 | 4.1 | 5.6 | 21.8% |
Total | 39.0 | 42.7 | 46.8 | 51.2 | 9.5% |
Top Suppliers of Embroidery; in the Piece, in Strips or in Motifs to Sudan in 2022:
- Pakistan (154.4 tons)
- China (113.8 tons)
- India (56.5 tons)
- Egypt (34.4 tons)
- United Arab Emirates (6.7 tons)
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