Price for Bedspreads; Not Knitted or Crocheted in Hong Kong SAR - 2023

Contents:

1. Price for Bedspreads; Not Knitted or Crocheted in Hong Kong SAR (CIF) - 2022
2. Price for Bedspreads; Not Knitted or Crocheted in Hong Kong SAR (FOB) - 2022
3. Imports of Bedspreads; Not Knitted or Crocheted in Hong Kong SAR
4. Exports of Bedspreads; Not Knitted or Crocheted in Hong Kong SAR

Price for Bedspreads; Not Knitted or Crocheted in Hong Kong SAR (CIF) - 2022

In 2022, the average import price for bedspreads; not knitted or crocheteds amounted to $12 per unit, declining by -16.5% against the previous year. In general, the import price showed a noticeable decrease. The most prominent rate of growth was recorded in 2018 an increase of 45%. Over the period under review, average import prices attained the maximum at $15 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($230 per unit), while the price for India ($10 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+9.4%), while the prices for the other major suppliers experienced a decline.

Price for Bedspreads; Not Knitted or Crocheted in Hong Kong SAR (FOB) - 2022

The average export price for bedspreads; not knitted or crocheteds stood at $12 per unit in 2022, dropping by -11.4% against the previous year. In general, the export price saw a abrupt decline. The pace of growth appeared the most rapid in 2018 an increase of 52%. As a result, the export price reached the peak level of $27 per unit. From 2019 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($89 per unit), while the average price for exports to the UK ($7.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+28.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bedspreads; Not Knitted or Crocheted in Hong Kong SAR

After three years of growth, overseas purchases of bedspreads; not knitted or crocheteds decreased by -19.4% to 67K units in 2022. Over the period under review, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 140%. As a result, imports reached the peak of 83K units, and then declined rapidly in the following year.

In value terms, bedspreads; not knitted or crocheted imports declined dramatically to $767K in 2022. Overall, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 168% against the previous year. As a result, imports reached the peak of $1.1M, and then dropped notably in the following year.

Top Suppliers of Bedspreads; Not Knitted or Crocheted to Hong Kong SAR in 2022:

1. China (56.6K units)
2. India (8.6K units)
3. Spain (0.8K units)

Exports of Bedspreads; Not Knitted or Crocheted in Hong Kong SAR

In 2022, overseas shipments of bedspreads; not knitted or crocheteds were finally on the rise to reach 8K units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a abrupt slump. Over the period under review, the exports hit record highs at 14K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, bedspreads; not knitted or crocheted exports surged to $97K in 2022. Overall, exports, however, faced a dramatic downturn. Over the period under review, the exports reached the peak figure at $215K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Bedspreads; Not Knitted or Crocheted from Hong Kong SAR in 2022:

1. China (undefinedK units)
2. United Kingdom (5.6K units)
3. United States (1.0K units)
4. Macao SAR (1.0K units)
5. Kuwait (0.2K units)

Source: IndexBox Market Intelligence Platform