Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Sudan - 2022

Contents:

  1. Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Sudan (CIF) - 2022
  2. Imports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Sudan

Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Sudan (CIF) - 2022

In 2022, the average import price for ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s amounted to $1.8 per unit, picking up by 11% against the previous year. In general, the import price, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 when the average import price increased by 40%. The import price peaked at $3.3 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($3.3 per unit), while the price for Turkey ($1.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.8%), while the prices for the other major suppliers experienced a decline.

Imports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Sudan

In 2022, the amount of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s imported into Sudan expanded notably to 13K units, with an increase of 8.2% against 2021 figures. Overall, imports posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 47% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s skyrocketed to $24K in 2022. In general, imports recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 106% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Sudan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.83.613.214.335.1%
Turkey1.04.85.110.1116.2%
United Arab Emirates0.11.52.0N/A347.2%
OthersN/AN/AN/AN/A0%
Total7.09.920.324.451.6%

Top Suppliers of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) to Sudan in 2022:

  1. Turkey (9.1K units)
  2. China (4.3K units)

Source: IndexBox Market Intelligence Platform

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