Price for Bedspreads; Knitted or Crocheted in Bangladesh - 2022

Contents:

  1. Price for Bedspreads; Knitted or Crocheted in Bangladesh (FOB) - 2022
  2. Price for Bedspreads; Knitted or Crocheted in Bangladesh (CIF) - 2022
  3. Exports of Bedspreads; Knitted or Crocheted in Bangladesh
  4. Imports of Bedspreads; Knitted or Crocheted in Bangladesh

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

The average bedspreads; knitted or crocheted export price stood at $7.4 per unit in 2022, with an increase of 3.2% against the previous year. Over the period under review, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.1% 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 +8.8% against 2020 indices. The pace of growth appeared the most rapid in 2014 when the average export price increased by 76%. As a result, the export price reached the peak level of $10 per unit. From 2015 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 Poland ($12 per unit), while the average price for exports to Estonia ($5 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 Qatar (+18.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average bedspreads; knitted or crocheted import price amounted to $12 per unit, waning by -40.1% against the previous year. Over the period under review, the import price, however, showed a prominent increase. The pace of growth appeared the most rapid in 2021 an increase of 127% against the previous year. As a result, import price reached the peak level of $20 per unit, and then declined markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($23 per unit), while the price for China ($2.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+62.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Bedspreads; Knitted or Crocheted in Bangladesh

For the fourth year in a row, Bangladesh recorded growth in shipments abroad of bedspreads; knitted or crocheteds, which increased by 8.8% to 52K units in 2022. Overall, exports posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 302% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, bedspreads; knitted or crocheted exports expanded rapidly to $385K in 2022. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 324% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Bedspreads; Knitted or Crocheted in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland2.312.474.6143296.2%
United Arab Emirates13.99.11.688.785.5%
Norway1.09.138.063.6299.2%
South Africa0.22.412.626.2407.9%
Sweden2.31.42.717.998.2%
EstoniaN/AN/AN/A9.40%
Kuwait0.50.85.47.2143.3%
JordanN/A18.519.0N/A2.7%
Saudi ArabiaN/A15.2171N/A1025.0%
Others10.111.917.528.641.5%
Total30.380.9343385133.3%

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

  1. United Arab Emirates (17.7K units)
  2. Poland (11.7K units)
  3. Norway (10.9K units)
  4. South Africa (3.8K units)
  5. Sweden (2.7K units)
  6. Estonia (1.9K units)
  7. Kuwait (1.0K units)

Imports of Bedspreads; Knitted or Crocheted in Bangladesh

After three years of growth, overseas purchases of bedspreads; knitted or crocheteds decreased by -64.3% to 514 units in 2022. In general, imports faced a abrupt descent. The growth pace was the most rapid in 2020 when imports increased by 47% against the previous year. Imports peaked at 1.4K units in 2021, and then reduced notably in the following year.

In value terms, bedspreads; knitted or crocheted imports shrank significantly to $6.2K in 2022. Over the period under review, imports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 210%. As a result, imports reached the peak of $29K, and then dropped rapidly in the following year.

Import of Bedspreads; Knitted or Crocheted in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore5.18.56.24.4-4.8%
India0.10.51.41.3135.1%
China0.10.20.60.458.7%
Thailand0.10.20.40.344.2%
United StatesN/AN/A20.5N/A0%
OthersN/AN/A0.2N/A0%
Total5.39.429.26.25.4%

Top Suppliers of Bedspreads; Knitted or Crocheted to Bangladesh in 2022:

  1. Singapore (191.0 units)
  2. China (163.0 units)
  3. India (117.0 units)
  4. Thailand (43.0 units)

Source: IndexBox Market Intelligence Platform

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