Sudan - Artificial Fur - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact
Sudan: Artificial Fur Market 2022
Artificial Fur Market Size in Sudan
The Sudanese artificial fur market expanded sharply to $X in 2021, with an increase of X% against the previous year. Overall, consumption continues to indicate a resilient increase. Artificial fur consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.
Artificial Fur Production in Sudan
In value terms, artificial fur production rose remarkably to $X in 2021 estimated in export price. In general, production posted strong growth. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. Artificial fur production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.
Artificial Fur Imports
Imports into Sudan
In 2021, supplies from abroad of artificial fur decreased by -X% to X tons for the first time since 2017, thus ending a three-year rising trend. Overall, imports recorded a noticeable shrinkage. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.
In value terms, artificial fur imports contracted notably to $X in 2021. In general, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by X%. As a result, imports attained the peak of $X, and then declined remarkably in the following year.
Imports by Country
In 2021, China (X tons) constituted the largest artificial fur supplier to Sudan, accounting for a X% share of total imports. Moreover, artificial fur imports from China exceeded the figures recorded by the second-largest supplier, Egypt (X kg), threefold.
From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +X%.
In value terms, China ($X) constituted the largest supplier of artificial fur to Sudan, comprising X% of total imports. The second position in the ranking was occupied by Egypt ($X), with a X% share of total imports.
From 2012 to 2021, the average annual growth rate of value from China was relatively modest.
Import Prices by Country
The average artificial fur import price stood at $X per ton in 2021, declining by -X% against the previous year. In general, import price indicated temperate growth from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, artificial fur import price increased by +X% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton, and then reduced in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Egypt ($X per ton), while the price for China amounted to $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+X%).
Source: IndexBox Platform
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This report provides an in-depth analysis of the artificial fur market in Sudan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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