Price for Textiles; Worn Clothing and Other Worn Articles in Sudan - 2022

Contents:

1. Price for Textiles; Worn Clothing and Other Worn Articles in Sudan (CIF) - 2022
2. Price for Textiles; Worn Clothing and Other Worn Articles in Sudan (FOB) - 2022
3. Imports of Textiles; Worn Clothing and Other Worn Articles in Sudan
4. Exports of Textiles; Worn Clothing and Other Worn Articles in Sudan

Price for Textiles; Worn Clothing and Other Worn Articles in Sudan (CIF) - 2022

The average import price for textiles; worn clothing and other worn articleses stood at $1,063 per ton in 2022, flattening at the previous year. Over the period under review, the import price, however, recorded a perceptible descent. The pace of growth was the most pronounced in 2017 when the average import price increased by 7.7%. Over the period under review, average import prices hit record highs at $1,516 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Poland ($1,760 per ton), while the price for Cambodia ($459 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+34.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Textiles; Worn Clothing and Other Worn Articles in Sudan (FOB) - 2022

In 2022, the average export price for textiles; worn clothing and other worn articleses amounted to $2,515 per ton, rising by 69% against the previous year. In general, the export price, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2017 when the average export price increased by 257%. As a result, the export price attained the peak level of $4,253 per ton. From 2018 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Nepal ($13,555 per ton), while the average price for exports to the UK ($238 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+50.8%), while the prices for the other major destinations experienced a decline.

Imports of Textiles; Worn Clothing and Other Worn Articles in Sudan

For the fourth consecutive year, Sudan recorded growth in overseas purchases of textiles; worn clothing and other worn articleses, which increased by 16% to 31 tons in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +16.4% 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 +57.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 17% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, imports of textiles; worn clothing and other worn articleses surged to $33K in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +17.1% 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 +60.6% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Textiles; Worn Clothing and Other Worn Articles to Sudan in 2022:

1. India (15.1 tons)
2. Kuwait (7.7 tons)
3. Uganda (2.5 tons)
4. Belgium (1.3 tons)
5. Italy (0.8 tons)
6. Poland (0.8 tons)
7. Cambodia (0.8 tons)
8. Turkey (0.7 tons)
9. Germany (0.1 tons)

Exports of Textiles; Worn Clothing and Other Worn Articles in Sudan

After three years of growth, overseas shipments of textiles; worn clothing and other worn articleses decreased by -90.5% to 7.8 tons in 2022. Over the period under review, exports continue to indicate a deep contraction. The growth pace was the most rapid in 2021 when exports increased by 483%. As a result, the exports reached the peak of 82 tons, and then reduced sharply in the following year.

In value terms, exports of textiles; worn clothing and other worn articleses declined markedly to $20K in 2022. In general, exports faced a deep downturn. The growth pace was the most rapid in 2021 when exports increased by 143%. As a result, the exports attained the peak of $122K, and then declined markedly in the following year.

Top Export Markets for Textiles; Worn Clothing and Other Worn Articles from Sudan in 2022:

1. United Kingdom (2110.0 kg)
2. Sweden (1056.0 kg)
3. Kenya (752.0 kg)
4. Nigeria (749.0 kg)
5. Senegal (593.0 kg)
6. Indonesia (454.0 kg)
7. Nepal (443.0 kg)
8. Greece (406.0 kg)
9. Uganda (251.0 kg)
10. Thailand (240.0 kg)

Source: IndexBox Market Intelligence Platform