Price for Bedspreads; Not Knitted or Crocheted in South Africa - 2023

Contents:

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

Price for Bedspreads; Not Knitted or Crocheted in South Africa (CIF) - 2022

In 2022, the average import price for bedspreads; not knitted or crocheteds amounted to $4.2 per unit, with a decrease of -21.1% against the previous year. In general, the import price showed a slight shrinkage. The pace of growth appeared the most rapid in 2020 when the average import price increased by 74% against the previous year. Over the period under review, average import prices attained the maximum at $7.6 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Pakistan ($8.2 per unit), while the price for China ($3.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+5.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Bedspreads; Not Knitted or Crocheted in South Africa (FOB) - 2022

The average export price for bedspreads; not knitted or crocheteds stood at $5.7 per unit in 2022, rising by 14% against the previous year. In general, the export price, however, saw a mild shrinkage. The growth pace was the most rapid in 2017 an increase of 37%. The export price peaked at $9.7 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Zimbabwe ($11 per unit), while the average price for exports to Lesotho ($2.2 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 Zambia (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bedspreads; Not Knitted or Crocheted in South Africa

In 2022, approx. 406K units of bedspreads; not knitted or crocheteds were imported into South Africa; with an increase of 40% on the year before. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +16.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.0% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, bedspreads; not knitted or crocheted imports rose sharply to $1.7M in 2022. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 69% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Bedspreads; Not Knitted or Crocheted in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China45891875293626.9%
India24420155761035.7%
Pakistan0.453.611060.8433.7%
Turkey6.71.040.960.0107.7%
Others80.616083.033.6-25.3%
Total7891,3351,5441,70029.2%

Top Suppliers of Bedspreads; Not Knitted or Crocheted to South Africa in 2022:

  1. China (304.4K units)
  2. India (81.8K units)
  3. Turkey (10.1K units)
  4. Pakistan (7.4K units)

Exports of Bedspreads; Not Knitted or Crocheted in South Africa

In 2022, approx. 138K units of bedspreads; not knitted or crocheteds were exported from South Africa; with an increase of 4.6% compared with the previous year's figure. Over the period under review, exports showed buoyant growth. The pace of growth was the most pronounced in 2021 when exports increased by 82%. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, bedspreads; not knitted or crocheted exports surged to $777K in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +7.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +104.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 72% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Export of Bedspreads; Not Knitted or Crocheted in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Botswana15533.955.9133-5.0%
Namibia11334.71131294.5%
Swaziland28.962.396.411357.5%
Zimbabwe10360.754.8102-0.3%
Lesotho15.922.121.161.256.7%
Democratic Republic of the Congo43.739.814.555.28.1%
Mozambique37.820.482.340.42.2%
Zambia36.931.352.639.01.9%
Tanzania27.54.71.315.2-17.9%
Others60.569.816089.814.1%
Total6223806527777.7%

Top Export Markets for Bedspreads; Not Knitted or Crocheted from South Africa in 2022:

  1. Swaziland (28.8K units)
  2. Lesotho (27.8K units)
  3. Botswana (22.6K units)
  4. Namibia (17.1K units)
  5. Zimbabwe (9.6K units)
  6. Mozambique (9.3K units)
  7. Zambia (6.1K units)
  8. Democratic Republic of the Congo (5.5K units)
  9. Tanzania (0.9K units)

Source: IndexBox Market Intelligence Platform

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