Price for Bedspreads; Not Knitted or Crocheted in Hong Kong SAR - 2023
Contents:
- Price for Bedspreads; Not Knitted or Crocheted in Hong Kong SAR (CIF) - 2022
- Price for Bedspreads; Not Knitted or Crocheted in Hong Kong SAR (FOB) - 2022
- Imports of Bedspreads; Not Knitted or Crocheted in Hong Kong SAR
- Exports of Bedspreads; Not Knitted or Crocheted in Hong Kong SAR
Price for Bedspreads; Not Knitted or Crocheted in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for bedspreads; not knitted or crocheteds amounted to $12 per unit, declining by -16.5% against the previous year. In general, the import price showed a noticeable decrease. The most prominent rate of growth was recorded in 2018 an increase of 45%. Over the period under review, average import prices attained the maximum at $15 per unit in 2012; however, from 2013 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 Italy ($230 per unit), while the price for India ($10 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+9.4%), while the prices for the other major suppliers experienced a decline.
Price for Bedspreads; Not Knitted or Crocheted in Hong Kong SAR (FOB) - 2022
The average export price for bedspreads; not knitted or crocheteds stood at $12 per unit in 2022, dropping by -11.4% against the previous year. In general, the export price saw a abrupt decline. The pace of growth appeared the most rapid in 2018 an increase of 52%. As a result, the export price reached the peak level of $27 per unit. From 2019 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($89 per unit), while the average price for exports to the UK ($7.7 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 India (+28.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Bedspreads; Not Knitted or Crocheted in Hong Kong SAR
After three years of growth, overseas purchases of bedspreads; not knitted or crocheteds decreased by -19.4% to 67K units in 2022. Over the period under review, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 140%. As a result, imports reached the peak of 83K units, and then declined rapidly in the following year.
In value terms, bedspreads; not knitted or crocheted imports declined dramatically to $767K in 2022. Overall, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 168% against the previous year. As a result, imports reached the peak of $1.1M, and then dropped notably in the following year.
| Import of Bedspreads; Not Knitted or Crocheted in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 143 | 364 | 993 | 601 | 61.4% |
| India | 10.3 | 0.4 | 0.4 | 87.4 | 104.0% |
| Spain | 22.3 | 17.5 | 40.1 | 13.7 | -15.0% |
| United States | 29.0 | 5.5 | N/A | N/A | -81.0% |
| Others | 79.4 | 36.9 | 105 | 65.1 | -6.4% |
| Total | 284 | 424 | 1,139 | 767 | 39.3% |
Top Suppliers of Bedspreads; Not Knitted or Crocheted to Hong Kong SAR in 2022:
- China (56.6K units)
- India (8.6K units)
- Spain (0.8K units)
Exports of Bedspreads; Not Knitted or Crocheted in Hong Kong SAR
In 2022, overseas shipments of bedspreads; not knitted or crocheteds were finally on the rise to reach 8K units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a abrupt slump. Over the period under review, the exports hit record highs at 14K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, bedspreads; not knitted or crocheted exports surged to $97K in 2022. Overall, exports, however, faced a dramatic downturn. Over the period under review, the exports reached the peak figure at $215K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Bedspreads; Not Knitted or Crocheted in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | 0.2 | 27.3 | 43.6 | 1376.5% |
| Macao SAR | 1.9 | 20.4 | 9.7 | 23.3 | 130.6% |
| Kuwait | N/A | N/A | N/A | 14.4 | 0% |
| United States | 30.9 | 16.4 | 27.8 | 10.3 | -30.7% |
| China | 167 | 153 | 16.2 | 1.7 | -78.3% |
| Philippines | 3.2 | 5.8 | N/A | N/A | 81.2% |
| United Arab Emirates | 11.8 | 5.8 | 3.3 | N/A | -47.1% |
| Others | 0.1 | N/A | 0.2 | 4.1 | 244.8% |
| Total | 215 | 202 | 84.5 | 97.4 | -23.2% |
Top Export Markets for Bedspreads; Not Knitted or Crocheted from Hong Kong SAR in 2022:
- China (undefinedK units)
- United Kingdom (5.6K units)
- United States (1.0K units)
- Macao SAR (1.0K units)
- Kuwait (0.2K units)
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