Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Sudan - 2022

Contents:

1. Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Sudan (CIF) - 2022
2. Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Sudan

Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Sudan (CIF) - 2022

In 2022, the average import price for fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses amounted to $184 per ton, waning by -28.3% against the previous year. Overall, the import price faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 when the average import price increased by 46% against the previous year. As a result, import price attained the peak level of $1,458 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Egypt.

From 2012 to 2022, the rate of growth in terms of prices for Egypt amounted to -15.6% per year.

Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Sudan

For the fourth year in a row, Sudan recorded growth in purchases abroad of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses, which increased by 20% to 19 tons in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.8% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 20%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, imports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses contracted to $3.5K in 2022. In general, imports, however, recorded a abrupt descent. The smallest decline of -14% was in 2021.

Top Suppliers of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres to Sudan in 2022:

1. Egypt (18.7 tons)

Source: IndexBox Market Intelligence Platform