Price for Bedspreads; Not Knitted or Crocheted in Myanmar - 2022

Contents:

  1. Price for Bedspreads; Not Knitted or Crocheted in Myanmar (CIF) - 2022
  2. Price for Bedspreads; Not Knitted or Crocheted in Myanmar (FOB) - 2022
  3. Imports of Bedspreads; Not Knitted or Crocheted in Myanmar
  4. Exports of Bedspreads; Not Knitted or Crocheted in Myanmar

Price for Bedspreads; Not Knitted or Crocheted in Myanmar (CIF) - 2022

In 2022, the average import price for bedspreads; not knitted or crocheteds amounted to $2.2 per unit, jumping by 19% against the previous year. In general, the import price, however, recorded a abrupt descent. The pace of growth appeared the most rapid in 2020 an increase of 25%. The import price peaked at $9.3 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($6 per unit), while the price for Thailand ($1.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+6.9%), while the prices for the other major suppliers experienced a decline.

Price for Bedspreads; Not Knitted or Crocheted in Myanmar (FOB) - 2022

In 2022, the average export price for bedspreads; not knitted or crocheteds amounted to $7.1 per unit, increasing by 31% against the previous year. In general, the export price, however, recorded a deep reduction. The growth pace was the most rapid in 2021 an increase of 54%. The export price peaked at $12 per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($7.5 per unit), while the average price for exports to the Netherlands totaled $6 per unit.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bedspreads; Not Knitted or Crocheted in Myanmar

For the third consecutive year, Myanmar recorded decline in supplies from abroad of bedspreads; not knitted or crocheteds, which decreased by -21.7% to 72K units in 2022. Over the period under review, imports continue to indicate a sharp curtailment. Over the period under review, imports hit record highs at 379K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, bedspreads; not knitted or crocheted imports contracted to $156K in 2022. Overall, imports faced a sharp setback. Over the period under review, imports reached the peak figure at $723K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Bedspreads; Not Knitted or Crocheted in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China47729748.5112-38.3%
Thailand2019.211633.5-45.0%
Vietnam6.23.8N/A9.916.9%
Others39.734.23.60.6-75.3%
Total723344168156-40.0%

Top Suppliers of Bedspreads; Not Knitted or Crocheted to Myanmar in 2022:

  1. China (44.5K units)
  2. Thailand (26.3K units)
  3. Vietnam (1.6K units)

Exports of Bedspreads; Not Knitted or Crocheted in Myanmar

In 2022, overseas shipments of bedspreads; not knitted or crocheteds decreased by -92.7% to 241 units, falling for the second year in a row after two years of growth. Overall, exports recorded a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 822%. As a result, the exports reached the peak of 184K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, bedspreads; not knitted or crocheted exports shrank notably to $1.7K in 2022. Over the period under review, exports showed a dramatic shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 1,133%. As a result, the exports attained the peak of $645K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Bedspreads; Not Knitted or Crocheted in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AustraliaN/AN/AN/A1.30%
NetherlandsN/AN/AN/A0.40%
PolandN/A643N/AN/A0%
Czech Republic52.3N/AN/AN/A0%
OthersN/A2.117.9N/A752.4%
Total52.364517.91.7-68.1%

Top Export Markets for Bedspreads; Not Knitted or Crocheted from Myanmar in 2022:

  1. Australia (172.0 units)
  2. Netherlands (69.0 units)

Source: IndexBox Market Intelligence Platform

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