Price for Safety Pins and Other Pins; of Iron or Steel in Sudan - 2022
Contents:
- Price for Safety Pins and Other Pins; of Iron or Steel in Sudan (CIF) - 2022
- Imports of Safety Pins and Other Pins; of Iron or Steel in Sudan
Price for Safety Pins and Other Pins; of Iron or Steel in Sudan (CIF) - 2022
The average import price for safety pins and other pins; of iron or steels stood at $5,749 per ton in 2022, picking up by 17% against the previous year. Overall, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the average import price increased by 53% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($17,000 per ton), while the price for India ($1,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+17.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Safety Pins and Other Pins; of Iron or Steel in Sudan
Imports of safety pins and other pins; of iron or steels into Sudan declined remarkably to 23 tons in 2022, falling by -16.2% compared with the previous year's figure. Over the period under review, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 184%. As a result, imports attained the peak of 28 tons, and then shrank significantly in the following year.
In value terms, imports of safety pins and other pins; of iron or steels declined slightly to $134K in 2022. Overall, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 174% against the previous year. As a result, imports reached the peak of $136K, and then declined modestly in the following year.
| Import of Safety Pins and Other Pins; of Iron or Steel in Sudan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 52.1 | 36.3 | 107 | 122 | 32.8% |
| Saudi Arabia | 3.0 | 4.0 | 13.1 | 7.5 | 35.7% |
| United Arab Emirates | 2.9 | 8.2 | 10.5 | 3.4 | 5.4% |
| Others | 2.5 | 1.2 | 5.1 | 1.3 | -19.6% |
| Total | 60.5 | 49.7 | 136 | 134 | 30.4% |
Top Suppliers of Safety Pins and Other Pins; of Iron or Steel to Sudan in 2022:
- China (15.8 tons)
- Saudi Arabia (7.1 tons)
- United Arab Emirates (0.3 tons)
335
Global Sewing Needle Market Report 2018. This report provides an in-depth analysis of the global sewing needle market.
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Global Sewing Needle Market Report 2018. This report provides an in-depth analysis of the global sewing needle market.
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