
Sudan - Glass Fibre Mats - Market Analysis, Forecast, Size, Trends and Insights
Sudan: Glass Fibre Mat Market 2023
Glass Fibre Mat Market Size in Sudan
In 2022, the Sudanese glass fibre mat market increased by 47% to $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption recorded a significant expansion. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.
Glass Fibre Mat Imports
Imports into Sudan
In 2022, supplies from abroad of glass fibre mats was finally on the rise to reach X tons after three years of decline. Overall, imports showed a strong increase. The most prominent rate of growth was recorded in 2018 when imports increased by 703%. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports failed to regain momentum.
In value terms, glass fibre mat imports surged to $X in 2022. In general, imports enjoyed significant growth. The pace of growth was the most pronounced in 2018 with an increase of 556% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Imports by Country
In 2022, the United Arab Emirates (X tons) was the main supplier of glass fibre mat to Sudan, accounting for a approx. 100% share of total imports.
From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates stood at +27.6%.
In value terms, the United Arab Emirates ($X) constituted the largest supplier of glass fibre mats to Sudan.
From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates totaled +37.2%.
Import Prices by Country
The average glass fibre mat import price stood at $X per ton in 2022, reducing by -8% against the previous year. Overall, the import price, however, posted perceptible growth. The pace of growth appeared the most rapid in 2019 when the average import price increased by 82%. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +36.6% per year.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the glass fibre mat 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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