Price for Bedspreads; Knitted or Crocheted in Libya - 2022

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

In 2022, the average bedspreads; knitted or crocheted import price amounted to $6.7 per unit, remaining constant against the previous year. In general, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.5% 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 import price increased by +32.8% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 94% against the previous year. Over the period under review, average import prices attained the maximum at $9.6 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($10 per unit), while the price for the United Arab Emirates ($5.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2021, the average bedspreads; knitted or crocheted export price amounted to $4 per unit, flattening at the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 a decrease of 99.9% against the previous year. The export price peaked in 2021 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Austria ($4.7 per unit), while the average price for exports to Egypt amounted to $3.9 per unit.

From 2019 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Austria (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bedspreads; Knitted or Crocheted in Libya

In 2022, bedspreads; knitted or crocheted imports into Libya dropped sharply to 42K units, with a decrease of -51.4% on the previous year's figure. Overall, imports faced a precipitous contraction. The pace of growth was the most pronounced in 2021 with an increase of 57% against the previous year. As a result, imports reached the peak of 87K units, and then contracted markedly in the following year.

In value terms, bedspreads; knitted or crocheted imports fell rapidly to $286K in 2022. In general, imports saw a abrupt curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 108%. As a result, imports reached the peak of $585K, and then declined notably in the following year.

Import of Bedspreads; Knitted or Crocheted in Libya (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Turkey	427	232	545	249	-16.5%
United Arab Emirates	6.0	6.9	9.8	14.0	32.6%
India	9.3	9.4	11.8	12.2	9.5%
China	53.1	33.2	16.9	8.8	-45.1%
Others	0.9	0.3	0.8	1.1	6.9%
Total	497	282	585	286	-16.8%

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

Turkey (37.4K units)
United Arab Emirates (2.4K units)
China (1.3K units)
India (1.2K units)

Exports of Bedspreads; Knitted or Crocheted in Libya

In 2021, exports of bedspreads; knitted or crocheteds from Libya totaled 506 units, therefore, remained relatively stable against the previous year's figure. Over the period under review, exports faced a precipitous contraction. The smallest decline of 99.9% was in 2020. Over the period under review, the exports hit record highs at 1K units in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, bedspreads; knitted or crocheted exports stood at $2K in 2021. Overall, exports recorded a significant contraction. The smallest decline of 99.9% was in 2020. The exports peaked at $4K in 2019; however, from 2020 to 2021, the exports failed to regain momentum.