Price for Bedspreads; Knitted or Crocheted in Malaysia - 2021

Price for Bedspreads; Knitted or Crocheted in Malaysia (FOB) - 2022

In 2022, the average bedspreads; knitted or crocheted export price amounted to $8 per unit, approximately mirroring the previous year. Over the period under review, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, bedspreads; knitted or crocheted export price increased by +46.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 46% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($10 per unit) and Thailand ($8.3 per unit), while the average price for exports to Brunei Darussalam ($6.9 per unit) and China ($7.2 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brunei Darussalam (+7.3%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Bedspreads; Knitted or Crocheted in Malaysia (CIF) - 2022

In 2022, the average bedspreads; knitted or crocheted import price amounted to $8.5 per unit, remaining constant against the previous year. In general, the import price saw strong growth. The most prominent rate of growth was recorded in 2015 when the average import price increased by 115%. The import price peaked at $8.5 per unit in 2020; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($51 per unit), while the price for Thailand ($8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+27.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Bedspreads; Knitted or Crocheted in Malaysia

In 2022, the amount of bedspreads; knitted or crocheteds exported from Malaysia declined markedly to 11K units, falling by -33.4% compared with the previous year's figure. Over the period under review, exports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2021 when exports increased by 189%. As a result, the exports attained the peak of 16K units, and then dropped significantly in the following year.

In value terms, bedspreads; knitted or crocheted exports fell rapidly to $85K in 2022. In general, exports, however, showed a remarkable increase. The pace of growth appeared the most rapid in 2021 when exports increased by 186% against the previous year. As a result, the exports reached the peak of $126K, and then contracted rapidly in the following year.

Export of Bedspreads; Knitted or Crocheted in Malaysia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	12.3	14.6	27.5	22.1	21.6%
Brunei Darussalam	26.3	13.1	35.6	21.3	-6.8%
India	1.3	4.9	14.8	11.1	104.4%
Australia	3.4	3.7	14.9	10.6	46.1%
Singapore	13.7	4.9	14.1	10.1	-9.7%
China	7.0	1.5	9.1	6.4	-2.9%
Thailand	0.7	0.6	2.1	1.5	28.9%
Oman	3.4	N/A	N/A	N/A	0%
Others	5.2	0.8	8.1	2.0	-27.3%
Total	73.2	44.1	126	85.2	5.2%

Top Export Markets for Bedspreads; Knitted or Crocheted from Malaysia in 2022:

Brunei Darussalam (3.1K units)
United States (2.2K units)
India (1.5K units)
Australia (1.4K units)
Singapore (1.3K units)
China (0.9K units)
Thailand (0.2K units)

Imports of Bedspreads; Knitted or Crocheted in Malaysia

In 2022, bedspreads; knitted or crocheted imports into Malaysia fell dramatically to 30K units, waning by -33% against the previous year's figure. Over the period under review, imports faced a dramatic curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 184%. Imports peaked at 70K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, bedspreads; knitted or crocheted imports plummeted to $259K in 2022. Overall, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 180%. Imports peaked at $428K in 2019; however, from 2020 to 2022, imports remained at a lower figure.