Price for Bedspreads; Knitted or Crocheted in Canada - 2023

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

The average bedspreads; knitted or crocheted import price stood at $7.7 per unit in 2022, with an increase of 17% against the previous year. In general, the import price, however, recorded a mild descent. Over the period under review, average import prices hit record highs at $9.1 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($7.7 per unit) and the United States ($7.7 per unit), while the price for China ($7.7 per unit) and Thailand ($7.7 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+2.4%), while the prices for the other major suppliers experienced a decline.

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

The average bedspreads; knitted or crocheted export price stood at $7.7 per unit in 2022, surging by 2.3% against the previous year. In general, the export price, however, saw a slight curtailment. The growth pace was the most rapid in 2016 when the average export price increased by 27%. As a result, the export price attained the peak level of $12 per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Turks and Caicos Islands amounted to +3.7% per year.

Imports of Bedspreads; Knitted or Crocheted in Canada

In 2022, overseas purchases of bedspreads; knitted or crocheteds increased by 16% to 79K units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a noticeable decline. Over the period under review, imports attained the maximum at 92K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, bedspreads; knitted or crocheted imports skyrocketed to $613K in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Bedspreads; Knitted or Crocheted in Canada (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	484	285	228	222	-22.9%
United States	9.5	14.4	65.3	188	170.5%
Thailand	53.6	128	141	111	27.5%
India	14.2	8.5	9.7	76.0	74.9%
Turkey	27.0	3.8	4.9	0.9	-67.8%
Others	8.1	6.4	2.0	15.7	24.7%
Total	597	446	451	613	0.9%

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

China (28.7K units)
United States (24.3K units)
Thailand (14.4K units)
India (9.8K units)
Turkey (0.1K units)

Exports of Bedspreads; Knitted or Crocheted in Canada

After three years of growth, overseas shipments of bedspreads; knitted or crocheteds decreased by -49.4% to 2.2K units in 2022. In general, exports recorded a noticeable slump. The growth pace was the most rapid in 2020 when exports increased by 44%. The exports peaked at 4.3K units in 2021, and then declined notably in the following year.

In value terms, bedspreads; knitted or crocheted exports declined markedly to $17K in 2022. Overall, exports showed a abrupt shrinkage. The growth pace was the most rapid in 2021 when exports increased by 28%. As a result, the exports attained the peak of $33K, and then reduced markedly in the following year.