Price for Bedspreads; Knitted or Crocheted in Pakistan - 2022

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

In 2022, the average bedspreads; knitted or crocheted export price amounted to $6.8 per unit, picking up by 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2017 when the average export price increased by 28%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($14 per unit), while the average price for exports to Mozambique ($0.5 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 the United Arab Emirates (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average bedspreads; knitted or crocheted import price stood at $4.7 per unit in 2022, increasing by 11% against the previous year. In general, the import price, however, showed a noticeable downturn. The most prominent rate of growth was recorded in 2013 an increase of 27% against the previous year. Over the period under review, average import prices reached the maximum at $10 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 Turkey ($12 per unit), while the price for the United Arab Emirates ($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 Turkey (+27.6%), while the prices for the other major suppliers experienced a decline.

Exports of Bedspreads; Knitted or Crocheted in Pakistan

In 2022, overseas shipments of bedspreads; knitted or crocheteds decreased by -5% to 184K units, falling for the second consecutive year after two years of growth. Overall, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +14.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -13.4% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 75% against the previous year. As a result, the exports reached the peak of 212K units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, bedspreads; knitted or crocheted exports rose rapidly to $1.2M in 2022. In general, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +24.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -6.5% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 107% against the previous year. As a result, the exports reached the peak of $1.3M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Bedspreads; Knitted or Crocheted in Pakistan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Brazil	135	288	302	410	44.8%
Jordan	74.9	73.7	10.6	123	18.0%
India	18.0	39.0	41.6	57.4	47.2%
United Arab Emirates	40.3	63.6	48.3	55.8	11.5%
Saudi Arabia	77.9	74.3	6.9	52.8	-12.2%
Qatar	29.3	10.3	43.5	50.3	19.7%
Portugal	18.7	37.3	36.7	46.7	35.7%
Norway	4.2	6.0	3.9	44.8	120.1%
Bahrain	13.5	40.6	36.3	41.9	45.9%
Singapore	1.9	6.2	9.8	35.0	164.1%
Italy	7.6	22.7	20.3	23.5	45.7%
Mozambique	N/A	3.8	N/A	19.9	128.8%
South Africa	0.3	3.2	4.0	4.9	153.7%
Others	223	665	596	280	7.9%
Total	645	1,333	1,160	1,246	24.5%

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

Mozambique (43.7K units)
Brazil (28.4K units)
Jordan (18.5K units)
Saudi Arabia (14.2K units)
United Arab Emirates (11.2K units)
Norway (7.4K units)
Qatar (7.3K units)
India (6.7K units)
South Africa (6.1K units)
Singapore (5.6K units)
Bahrain (4.9K units)
Portugal (4.4K units)
Italy (4.3K units)

Imports of Bedspreads; Knitted or Crocheted in Pakistan

After three years of growth, purchases abroad of bedspreads; knitted or crocheteds decreased by -23.3% to 7.2K units in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +11.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +38.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 50% against the previous year. As a result, imports reached the peak of 9.4K units, and then dropped sharply in the following year.

In value terms, bedspreads; knitted or crocheted imports reduced to $34K in 2022. The total import value increased at an average annual rate of +5.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. As a result, imports reached the peak of $40K, and then shrank in the following year.

Import of Bedspreads; Knitted or Crocheted in Pakistan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	23.8	24.3	38.8	27.0	4.3%
Turkey	0.1	3.1	0.6	4.7	260.9%
United Arab Emirates	0.2	0.3	0.3	1.2	81.7%
South Korea	0.2	0.4	0.3	1.2	81.7%
Others	4.8	N/A	N/A	N/A	0%
Total	29.1	28.1	40.1	34.1	5.4%