Price for Bedspreads; Not Knitted or Crocheted in Pakistan - 2023

Contents:

1. Price for Bedspreads; Not Knitted or Crocheted in Pakistan (FOB) - 2023
2. Price for Bedspreads; Not Knitted or Crocheted in Pakistan (CIF) - 2022
3. Exports of Bedspreads; Not Knitted or Crocheted in Pakistan
4. Imports of Bedspreads; Not Knitted or Crocheted in Pakistan

Price for Bedspreads; Not Knitted or Crocheted in Pakistan (FOB) - 2023

The average export price for bedspreads; not knitted or crocheteds stood at $6.6 per unit in April 2023, picking up by 17% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2022 an increase of 145% against the previous month. As a result, the export price attained the peak level of $15.2 per unit. From August 2022 to April 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In April 2023, the country with the highest price was Brazil ($8.4 per unit), while the average price for exports to Australia ($3.3 per unit) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.0%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for bedspreads; not knitted or crocheteds amounted to $14 per unit, jumping by 81% against the previous year. Over the period under review, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, bedspreads; not knitted or crocheted import price increased by +119.7% against 2017 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($14 per unit), while the price for the United Arab Emirates ($9.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+31.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Bedspreads; Not Knitted or Crocheted in Pakistan

For the fourth consecutive year, Pakistan recorded growth in shipments abroad of bedspreads; not knitted or crocheteds, which increased by 45% to 6.6M units in 2022. In general, exports posted significant growth. The growth pace was the most rapid in 2021 when exports increased by 58% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, bedspreads; not knitted or crocheted exports contracted to $59M in 2022. Overall, exports continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 68%. Over the period under review, the exports attained the peak figure at $65M in 2021, and then shrank in the following year.

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

1. United States (5.6M units)
2. United Kingdom (0.2M units)
3. Canada (0.2M units)
4. United Arab Emirates (0.1M units)

Imports of Bedspreads; Not Knitted or Crocheted in Pakistan

Bedspreads; not knitted or crocheted imports into Pakistan shrank notably to 631 units in 2022, declining by -85.9% compared with the previous year's figure. Overall, imports recorded a dramatic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 228% against the previous year. As a result, imports attained the peak of 4.5K units, and then dropped dramatically in the following year.

In value terms, bedspreads; not knitted or crocheted imports reduced dramatically to $8.9K in 2022. Over the period under review, imports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of 231% against the previous year. As a result, imports attained the peak of $35K, and then contracted sharply in the following year.

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

1. China (378.0 units)
2. United Kingdom (228.0 units)
3. United Arab Emirates (21.0 units)

Source: IndexBox Market Intelligence Platform