Price for Article of Natural Cork in Sudan - 2022
Contents:
- Price for Article of Natural Cork in Sudan (CIF) - 2022
- Price for Article of Natural Cork in Sudan (FOB) - 2022
- Imports of Article of Natural Cork in Sudan
- Exports of Article of Natural Cork in Sudan
Price for Article of Natural Cork in Sudan (CIF) - 2022
The average article of natural cork import price stood at $6,311 per ton in 2022, declining by -29.6% against the previous year. In general, the import price recorded a noticeable decline. The growth pace was the most rapid in 2019 an increase of 16% against the previous year. The import price peaked at $9,718 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 Egypt ($19,838 per ton), while the price for the United Arab Emirates totaled $6,335 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+22.0%).
Price for Article of Natural Cork in Sudan (FOB) - 2022
In 2022, the average article of natural cork export price amounted to $4,333 per ton, flattening at the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 63% against the previous year. Over the period under review, the average export prices attained the peak figure at $8,534 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +0.6% per year.
Imports of Article of Natural Cork in Sudan
Article of natural cork imports into Sudan skyrocketed to 255 tons in 2022, jumping by 653% compared with the previous year's figure. Over the period under review, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, article of natural cork imports skyrocketed to $1.6M in 2022. In general, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Article of Natural Cork in Sudan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 206 | 490 | 285 | 1,593 | 97.7% |
| Others | 44.7 | 22.2 | 18.1 | 16.1 | -28.9% |
| Total | 250 | 512 | 303 | 1,609 | 86.0% |
Top Suppliers of Article of Natural Cork to Sudan in 2022:
- United Arab Emirates (251.5 tons)
Exports of Article of Natural Cork in Sudan
For the third consecutive year, Sudan recorded decline in overseas shipments of articles of natural cork, which decreased by -11.4% to 39 kg in 2022. Overall, exports saw a sharp slump.
In value terms, article of natural cork exports dropped to $169 in 2022. Over the period under review, exports saw a dramatic slump.
| Export of Article of Natural Cork in Sudan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 515 | 214 | 190 | 169 | -31.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 515 | 214 | 190 | 169 | -31.0% |
Top Export Markets for Article of Natural Cork from Sudan in 2022:
- United Arab Emirates (39.0 kg)
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