Price for Bedspreads; Knitted or Crocheted in Ghana - 2023

Contents:

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

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

The average bedspreads; knitted or crocheted import price stood at $6.6 per unit in 2022, growing by 8.6% against the previous year. In general, the import price showed a strong increase. The growth pace was the most rapid in 2013 when the average import price increased by 336%. As a result, import price attained the peak level of $12 per unit. From 2014 to 2022, the average 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 the United Arab Emirates ($18 per unit), while the price for the United States ($2.4 per unit) 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 (+21.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average bedspreads; knitted or crocheted export price amounted to $2.7 per unit, declining by -98.6% against the previous year. Overall, the export price recorded a abrupt decline. The pace of growth appeared the most rapid in 2018 when the average export price increased by 176%. The export price peaked at $193 per unit in 2021, and then shrank rapidly in the following year.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Sierra Leone ($3.2 per unit), while the average price for exports to the UK totaled $2.3 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-6.2%).

Imports of Bedspreads; Knitted or Crocheted in Ghana

After two years of decline, supplies from abroad of bedspreads; knitted or crocheteds decreased by -5.8% to 11K units in 2022. Overall, imports, however, showed a significant increase. Over the period under review, imports attained the maximum at 11K units in 2021, and then declined in the following year.

In value terms, bedspreads; knitted or crocheted imports expanded modestly to $70K in 2022. In general, imports, however, showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Bedspreads; Knitted or Crocheted in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.6N/A52.446.783.2%
Turkey0.8N/A0.611.9145.9%
United States0.9N/A5.94.165.8%
United Arab EmiratesN/AN/A5.82.0-65.5%
United Kingdom1.4N/A2.30.9-13.7%
Others0.7N/A1.64.585.9%
Total11.5N/A68.570.282.8%

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

  1. China (6.7K units)
  2. Turkey (1.9K units)
  3. United States (1.7K units)
  4. United Arab Emirates (0.1K units)

Exports of Bedspreads; Knitted or Crocheted in Ghana

In 2022, approx. 26 units of bedspreads; knitted or crocheteds were exported from Ghana; increasing by 2,500% compared with 2021. In general, exports, however, saw a precipitous setback. The exports peaked at 56 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, bedspreads; knitted or crocheted exports contracted sharply to $70 in 2022. Overall, exports, however, continue to indicate a dramatic contraction. The exports peaked at $2.2K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Bedspreads; Knitted or Crocheted in Ghana (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/AN/A35.00%
Sierra LeoneN/AN/AN/A35.00%
Benin2,206N/AN/AN/A0%
OthersN/AN/A193N/A0%
Total2,206N/A19370.0-68.3%

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

  1. United Kingdom (15.0 units)
  2. Sierra Leone (11.0 units)

Source: IndexBox Market Intelligence Platform

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