Report Update: Apr 1, 2024

Hong Kong SAR, China - Bedspreads (Excluding Eiderdowns) - Market Analysis, Forecast, Size, Trends And Insights

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Bedspread Price in Hong Kong SAR - 2023

Bedspread Price in Hong Kong SAR (CIF) - 2022

In 2022, the average bedspread import price amounted to $9.8 per unit, waning by -15.1% against the previous year. Over the period under review, the import price continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2015 when the average import price increased by 36%. Over the period under review, average import prices reached the peak figure at $12 per unit in 2021, and then declined rapidly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($9.1 per unit), while the price for India amounted to $9 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.3%).

Bedspread Price in Hong Kong SAR (FOB) - 2022

The average bedspread export price stood at $16 per unit in 2022, surging by 106% against the previous year. In general, the export price, however, showed a pronounced slump. Over the period under review, the average export prices attained the peak figure at $22 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 Kuwait ($79 per unit), while the average price for exports to Australia ($7.8 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 Sweden (+17.0%), while the prices for the other major destinations experienced more modest paces of growth.

Bedspread Imports in Hong Kong SAR

In 2022, overseas purchases of bedspreads (excluding eiderdowns) decreased by -27.6% to 86K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 107% against the previous year. As a result, imports attained the peak of 119K units, and then declined sharply in the following year.

In value terms, bedspread imports shrank notably to $843K in 2022. In general, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 145% against the previous year. As a result, imports reached the peak of $1.4M, and then declined notably in the following year.

Import of Bedspread in Hong Kong SAR (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	304	492	1,225	677	30.6%
India	10.3	0.4	0.4	87.4	104.0%
Spain	28.6	17.5	40.2	13.7	-21.8%
United States	29.0	5.5	N/A	N/A	-81.0%
Others	79.9	44.4	105	65.1	-6.6%
Total	451	560	1,371	843	23.2%

Top Suppliers of Bedspread to Hong Kong SAR in 2022:

China (74.7K units)
India (9.7K units)
Spain (0.9K units)

Bedspread Exports in Hong Kong SAR

In 2022, bedspread exports from Hong Kong SAR contracted significantly to 7.6K units, reducing by -85.2% on the previous year. Overall, exports continue to indicate a sharp slump. The pace of growth was the most pronounced in 2021 with an increase of 23% against the previous year. As a result, the exports attained the peak of 51K units, and then shrank dramatically in the following year.

In value terms, bedspread exports declined rapidly to $124K in 2022. In general, exports showed a dramatic descent. The pace of growth appeared the most rapid in 2020 when exports increased by 7.4% against the previous year. As a result, the exports reached the peak of $423K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Bedspread in Hong Kong SAR (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Kingdom	N/A	0.2	28.1	43.6	1376.5%
United States	194	229	340	24.7	-49.7%
Macao SAR	2.0	20.7	10.1	23.3	126.7%
Kuwait	N/A	N/A	N/A	14.4	0%
Taiwan (Chinese)	N/A	N/A	N/A	7.2	0%
Australia	0.4	0.1	2.4	4.2	119.0%
China	171	156	24.0	1.7	-78.5%
United Arab Emirates	12.1	5.8	3.4	N/A	-47.0%
Others	13.6	11.2	0.7	5.0	-28.4%
Total	394	423	408	124	-32.0%

Top Export Markets for Bedspread from Hong Kong SAR in 2022:

United States (2696.0 units)
United Kingdom (2540.0 units)
Macao SAR (1163.0 units)
Australia (542.0 units)
Taiwan (Chinese) (216.0 units)
Kuwait (183.0 units)
China (92.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the bedspread market in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 13921640 - Bedspreads (excluding eiderdowns)
Prodcom 13921660 - Furnishing articles including furniture and cushion covers as well as cushion covers, etc. for car seats (excluding blankets, t ravelling rugs, bed linen, table linen, toilet linen, kitchen linen, curtains, blinds, valances and bedspreads)

Country coverage:

Hong Kong SAR

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Hong Kong SAR, China
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023