Sudan: Plaits And Basketwork Market 2024

Plaits And Basketwork Market Size in Sudan

The Sudanese plaits and basketwork market reached $X in 2022, remaining relatively unchanged against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Plaits And Basketwork Production in Sudan

In value terms, plaits and basketwork production totaled $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a slight decrease. The pace of growth was the most pronounced in 2016 with an increase of 38%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Plaits And Basketwork Exports

Exports from Sudan

In 2022, after four years of growth, there was significant decline in overseas shipments of plaits, basketwork, wickerwork and similar products of plaiting materials, when their volume decreased by -24.4% to X tons. In general, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2016 when exports increased by 394% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2021, and then shrank markedly in the following year.

In value terms, plaits and basketwork exports fell rapidly to $X in 2022. Overall, exports, however, saw significant growth. The growth pace was the most rapid in 2016 with an increase of 1,182%. Over the period under review, the exports reached the maximum at $X in 2021, and then dropped notably in the following year.

Exports by Country

Thailand (X tons) was the main destination for plaits and basketwork exports from Sudan, with a 97% share of total exports. It was followed by Canada (X kg), with a 2.8% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Thailand stood at +39.5%.

In value terms, Thailand ($X) emerged as the key foreign market for plaits, basketwork, wickerwork and similar products of plaiting materials exports from Sudan, comprising 98% of total exports. The second position in the ranking was held by Canada ($X), with a 1.8% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Thailand amounted to +51.7%.

Export Prices by Country

The average plaits and basketwork export price stood at $X per ton in 2022, reducing by -9.5% against the previous year. Overall, the export price, however, continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2016 when the average export price increased by 160%. Over the period under review, the average export prices reached the maximum at $X per ton in 2021, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($X per ton), while the average price for exports to Canada stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+8.7%).

Plaits And Basketwork Imports

Imports into Sudan

In 2022, purchases abroad of plaits, basketwork, wickerwork and similar products of plaiting materials decreased by -17.7% to X tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, posted significant growth. The growth pace was the most rapid in 2016 with an increase of 923%. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, plaits and basketwork imports expanded to $X in 2022. In general, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2016 with an increase of 2,008%. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons) constituted the largest supplier of plaits and basketwork to Sudan, accounting for a 64% share of total imports. Moreover, plaits and basketwork imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Ethiopia (X tons), twofold. The third position in this ranking was taken by India (X tons), with a 3.7% share.

From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates stood at +139.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Ethiopia (+39.4% per year) and India (+30.5% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of plaits, basketwork, wickerwork and similar products of plaiting materials to Sudan, comprising 74% of total imports. The second position in the ranking was taken by Ethiopia ($X), with a 12% share of total imports. It was followed by India, with a 9.7% share.

From 2012 to 2022, the average annual growth rate of value from the United Arab Emirates totaled +144.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Ethiopia (+62.7% per year) and India (+37.7% per year).

Import Prices by Country

The average plaits and basketwork import price stood at $X per ton in 2022, picking up by 24% against the previous year. In general, the import price recorded a strong expansion. The growth pace was the most rapid in 2016 an increase of 106%. As a result, import price attained the peak level of $X per ton. From 2017 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for Ethiopia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ethiopia (+16.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :