Price for Bedspreads; Not Knitted or Crocheted in Nigeria - 2022
Contents:
- Price for Bedspreads; Not Knitted or Crocheted in Nigeria (CIF) - 2022
- Price for Bedspreads; Not Knitted or Crocheted in Nigeria (FOB) - 2022
- Imports of Bedspreads; Not Knitted or Crocheted in Nigeria
- Exports of Bedspreads; Not Knitted or Crocheted in Nigeria
Price for Bedspreads; Not Knitted or Crocheted in Nigeria (CIF) - 2022
In 2022, the average import price for bedspreads; not knitted or crocheteds amounted to $1.3 per unit, declining by -28.5% against the previous year. Overall, the import price saw a deep slump. The growth pace was the most rapid in 2014 when the average import price increased by 95% against the previous year. Over the period under review, average import prices reached the maximum at $10 per unit in 2015; however, from 2016 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 ($55 per unit), while the price for Niger ($0.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+19.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Bedspreads; Not Knitted or Crocheted in Nigeria (FOB) - 2022
In 2022, the average export price for bedspreads; not knitted or crocheteds amounted to $2.7 per unit, falling by -31.6% against the previous year. Over the period under review, the export price faced a abrupt curtailment. The pace of growth was the most pronounced in 2020 an increase of 42%. The export price peaked at $8.3 per unit in 2012; however, from 2013 to 2022, the 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 Kenya ($5.2 per unit), while the average price for exports to Benin ($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 Kenya (-5.2%), while the prices for the other major destinations experienced a decline.
Imports of Bedspreads; Not Knitted or Crocheted in Nigeria
In 2022, the amount of bedspreads; not knitted or crocheteds imported into Nigeria skyrocketed to 29K units, jumping by 20% compared with 2021 figures. Over the period under review, imports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 200%. As a result, imports reached the peak of 48K units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, bedspreads; not knitted or crocheted imports shrank to $38K in 2022. Overall, imports, however, faced a deep slump. The growth pace was the most rapid in 2020 with an increase of 120%. As a result, imports attained the peak of $124K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Bedspreads; Not Knitted or Crocheted in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 14.5 | 44.2 | 4.4 | 13.2 | -3.1% |
| Niger | 6.0 | 13.4 | 5.2 | 7.1 | 5.8% |
| France | 1.5 | 14.7 | 4.8 | 5.5 | 54.2% |
| Indonesia | 2.5 | 4.8 | 1.6 | 1.9 | -8.7% |
| India | 10.7 | 36.2 | 0.4 | 1.7 | -45.8% |
| Saudi Arabia | N/A | 0.5 | N/A | N/A | 0% |
| Others | 21.1 | 10.1 | 27.9 | 8.6 | -25.9% |
| Total | 56.3 | 124 | 44.4 | 38.1 | -12.2% |
Top Suppliers of Bedspreads; Not Knitted or Crocheted to Nigeria in 2022:
- Niger (23.2K units)
- Indonesia (3.1K units)
- France (1.5K units)
- India (0.2K units)
- China (0.2K units)
Exports of Bedspreads; Not Knitted or Crocheted in Nigeria
In 2022, exports of bedspreads; not knitted or crocheteds from Nigeria shrank to 2.8K units, declining by -5.9% on the previous year. In general, exports, however, showed a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 186%. As a result, the exports reached the peak of 3K units, and then dropped in the following year.
In value terms, bedspreads; not knitted or crocheted exports declined remarkably to $7.6K in 2022. Overall, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 248%. As a result, the exports attained the peak of $12K, and then fell remarkably in the following year.
| Export of Bedspreads; Not Knitted or Crocheted in Nigeria (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Niger | 693 | 117 | 164 | 2,356 | 50.4% |
| Ghana | 2,144 | 1,459 | 2,051 | 1,469 | -11.8% |
| Benin | 289 | 601 | 214 | 330 | 4.5% |
| Kenya | 59.0 | 5.0 | 328 | 240 | 59.6% |
| Angola | 388 | 10.0 | 239 | 175 | -23.3% |
| Romania | N/A | N/A | 6,683 | N/A | 0% |
| Others | 263 | 1,199 | 2,116 | 3,023 | 125.7% |
| Total | 3,836 | 3,391 | 11,795 | 7,593 | 25.6% |
Top Export Markets for Bedspreads; Not Knitted or Crocheted from Nigeria in 2022:
- Niger (1016.0 units)
- Ghana (946.0 units)
- Benin (610.0 units)
- Angola (107.0 units)
- Kenya (46.0 units)
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