Sri Lanka - Bedding and Furnishing Articles (Quilts, Eiderdowns, Cushions, Pouffes And Pillows) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Bedding and Furnishing Article in Sri Lanka - 2021
Contents:
- Price for Bedding and Furnishing Article in Sri Lanka (FOB) - 2022
- Price for Bedding and Furnishing Article in Sri Lanka (CIF) - 2022
- Exports of Bedding and Furnishing Article in Sri Lanka
- Imports of Bedding and Furnishing Article in Sri Lanka
Price for Bedding and Furnishing Article in Sri Lanka (FOB) - 2022
The average bedding and furnishing article export price stood at $8,381 per ton in 2022, surging by 19% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 92%. As a result, the export price reached the peak level of $12,988 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($13,196 per ton), while the average price for exports to India ($5,436 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Bedding and Furnishing Article in Sri Lanka (CIF) - 2022
In 2022, the average bedding and furnishing article import price amounted to $15,651 per ton, with an increase of 153% against the previous year. In general, the import price posted a resilient expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($23,709 per ton), while the price for China ($3,600 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+18.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Bedding and Furnishing Article in Sri Lanka
In 2022, after three years of growth, there was significant decline in overseas shipments of bedding and furnishing articles (quilts, eiderdowns, cushions, pouffes and pillows), when their volume decreased by -85.4% to 140 tons. Over the period under review, exports continue to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 445%.
In value terms, bedding and furnishing article exports dropped sharply to $1.2M in 2022. In general, exports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 504%.
Export of Bedding and Furnishing Article in Sri Lanka (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 62.9 | 2,182 | 1,113 | 530 | 103.5% |
Germany | 367 | 1,107 | 961 | 149 | -26.0% |
China | 31.3 | 762 | 422 | 124 | 58.2% |
Maldives | 158 | 338 | 1,870 | 95.4 | -15.5% |
India | 61.5 | 244 | 293 | 88.8 | 13.0% |
United Arab Emirates | 28.9 | 9.2 | 3.8 | 46.1 | 16.8% |
Indonesia | 17.5 | 127 | 233 | 36.1 | 27.3% |
Others | 211 | 901 | 1,855 | 107 | -20.3% |
Total | 939 | 5,670 | 6,751 | 1,176 | 7.8% |
Top Export Markets for Bedding and Furnishing Article from Sri Lanka in 2022:
- United States (62.2 tons)
- India (16.3 tons)
- China (14.1 tons)
- Maldives (11.5 tons)
- Germany (11.3 tons)
- Indonesia (6.3 tons)
- United Arab Emirates (4.2 tons)
Imports of Bedding and Furnishing Article in Sri Lanka
For the third consecutive year, Sri Lanka recorded decline in overseas purchases of bedding and furnishing articles (quilts, eiderdowns, cushions, pouffes and pillows), which decreased by -41.1% to 42 tons in 2022. Over the period under review, imports recorded a dramatic shrinkage. The smallest decline of -32% was in 2021.
In value terms, bedding and furnishing article imports soared to $663K in 2022. Overall, imports faced a dramatic downturn.
Import of Bedding and Furnishing Article in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 2.4 | N/A | 1.4 | 482 | 485.6% |
India | 153 | 300 | 139 | 134 | -4.3% |
China | 631 | 285 | 15.0 | 28.8 | -64.3% |
Malaysia | 224 | 1.1 | N/A | N/A | -99.5% |
Pakistan | 2.2 | 6.5 | 260 | N/A | 987.1% |
Others | 342 | 97.7 | 28.8 | 18.1 | -62.5% |
Total | 1,355 | 690 | 445 | 663 | -21.2% |
Top Suppliers of Bedding and Furnishing Article to Sri Lanka in 2022:
- Germany (24.1 tons)
- India (9.5 tons)
- China (8.0 tons)
This report provides an in-depth analysis of the market for bedding and furnishing article in Sri Lanka. 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.
Product coverage:
- Prodcom 13922493 - Articles of bedding of feathers or down (including quilts and eiderdowns, cushions, pouffes, pillows) (excluding mattresses, sleeping bags)
- Prodcom 13922499 - Articles of bedding filled other than with feathers or down (including quilts and eiderdowns, cushions, pouffes, pillows) (excluding mattresses, sleeping bags)
Country coverage:
- Sri Lanka
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sri Lanka
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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