Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Sudan - 2022
Contents:
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Sudan (CIF) - 2022
- Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Sudan (FOB) - 2022
- Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Sudan
- Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Sudan
Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Sudan (CIF) - 2022
In 2022, the average import price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) amounted to $4,326 per ton, with an increase of 22% against the previous year. Over the period under review, the import price posted a measured increase. The growth pace was the most rapid in 2019 an increase of 47% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($8,972 per ton), while the price for Tunisia ($921 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Sudan (FOB) - 2022
In 2021, the average export price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) amounted to $2,744 per ton, leveling off at the previous year. In general, the export price continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2019 when the average export price increased by 46% against the previous year. The export price peaked at $3,678 per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Uzbekistan ($7,084 per ton), while the average price for exports to Sri Lanka stood at $587 per ton.
From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (0.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Sudan
In 2022, imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) into Sudan reduced remarkably to 620 tons, which is down by -65.9% compared with 2021 figures. Over the period under review, imports, however, posted resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by 334% against the previous year. As a result, imports attained the peak of 1.8K tons, and then shrank dramatically in the following year.
In value terms, imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) reduced sharply to $2.7M in 2022. Overall, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 427%. As a result, imports reached the peak of $6.4M, and then shrank sharply in the following year.
| Import of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Sudan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 432 | 442 | 5,353 | 1,618 | 55.3% |
| South Korea | 296 | 341 | 530 | 533 | 21.7% |
| Turkey | 22.1 | 8.5 | 9.1 | 122 | 76.7% |
| United Arab Emirates | 173 | 267 | 182 | 111 | -13.8% |
| Saudi Arabia | 174 | 45.3 | 112 | 94.6 | -18.4% |
| Egypt | 5.4 | 27.3 | 64.1 | 64.7 | 128.8% |
| Tunisia | 30.1 | 26.6 | 29.3 | 28.3 | -2.0% |
| Others | 158 | 62.3 | 152 | 112 | -10.8% |
| Total | 1,291 | 1,220 | 6,432 | 2,683 | 27.6% |
Top Suppliers of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) to Sudan in 2022:
- China (180.4 tons)
- South Korea (170.9 tons)
- United Arab Emirates (89.9 tons)
- Saudi Arabia (51.8 tons)
- Turkey (38.4 tons)
- Tunisia (30.7 tons)
- Egypt (21.2 tons)
Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Sudan
In 2021, exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) from Sudan was estimated at 250 kg, remaining constant against 2020. Over the period under review, exports saw a precipitous shrinkage. The smallest decline of 99.9% was in 2020.
In value terms, exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) totaled $686 in 2021. Overall, exports saw a significant decrease. The smallest decline of 99.9% was in 2020.
| Export of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Sudan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Uzbekistan | N/A | N/A | 588 | 0% | |
| Sri Lanka | N/A | N/A | 98.0 | 0% | |
| Ethiopia | 1,352 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 1,352 | N/A | 686 | -28.8% | |
Top Export Markets for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) from Sudan in 2022:
- Sri Lanka (167.0 kg)
- Uzbekistan (83.0 kg)
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