Price for Bedspreads; Knitted or Crocheted in South Africa - 2023

Contents:

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

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

In 2022, the average bedspreads; knitted or crocheted import price amounted to $5.4 per unit, growing by 16% against the previous year. Over the period under review, the import price enjoyed pronounced growth. The pace of growth appeared the most rapid in 2015 when the average import price increased by 98%. Over the period under review, average import prices reached the maximum at $6.1 per unit in 2017; however, from 2018 to 2022, 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 China ($5.6 per unit), while the price for India amounted to $1 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.8%).

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

The average bedspreads; knitted or crocheted export price stood at $7.7 per unit in 2022, shrinking by -15.6% against the previous year. In general, the export price, however, posted a perceptible increase. The pace of growth was the most pronounced in 2018 an increase of 62%. Over the period under review, the average export prices attained the maximum at $9.1 per unit in 2021, and then declined markedly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Mozambique ($12 per unit), while the average price for exports to Zambia ($3 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 UK (+19.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bedspreads; Knitted or Crocheted in South Africa

Bedspreads; knitted or crocheted imports into South Africa rose to 91K units in 2022, growing by 2.7% compared with the previous year's figure. The total import volume increased at an average annual rate of +3.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 44% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, bedspreads; knitted or crocheted imports skyrocketed to $491K in 2022. In general, imports enjoyed noticeable growth. The growth pace was the most rapid in 2021 when imports increased by 114% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Import of Bedspreads; Knitted or Crocheted in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4211713774824.6%
India7.68.216.74.4-16.7%
Others16.613.217.34.3-36.3%
Total4451924114913.3%

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

  1. China (86.4K units)
  2. India (4.3K units)

Exports of Bedspreads; Knitted or Crocheted in South Africa

In 2022, the amount of bedspreads; knitted or crocheteds exported from South Africa reduced to 16K units, falling by -9.4% against the year before. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 134%. As a result, the exports reached the peak of 18K units, and then reduced in the following year.

In value terms, bedspreads; knitted or crocheted exports reduced markedly to $123K in 2022. Overall, exports showed a slight descent. The pace of growth appeared the most rapid in 2021 when exports increased by 189% against the previous year. As a result, the exports attained the peak of $161K, and then contracted notably in the following year.

Export of Bedspreads; Knitted or Crocheted in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Namibia82.930.162.957.0-11.7%
Lesotho15.16.919.221.813.0%
Botswana10.66.914.016.716.4%
Swaziland7.97.020.910.911.3%
MozambiqueN/A1.728.47.8114.2%
United KingdomN/AN/AN/A5.10%
Zambia6.80.72.41.2-43.9%
Others4.82.613.32.7-17.5%
Total12855.8161123-1.3%

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

  1. Namibia (6.5K units)
  2. Lesotho (4.0K units)
  3. Botswana (1.7K units)
  4. Swaziland (1.5K units)
  5. Mozambique (0.7K units)
  6. United Kingdom (0.6K units)
  7. Zambia (0.4K units)

Source: IndexBox Market Intelligence Platform

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