China - Bedding and Furnishing Articles (Quilts, Eiderdowns, Cushions, Pouffes And Pillows) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Bedding and Furnishing Article in China - 2023
Contents:
- Price for Bedding and Furnishing Article in China (FOB) - 2023
- Price for Bedding and Furnishing Article in China (CIF) - 2023
- Exports of Bedding and Furnishing Article in China
- Imports of Bedding and Furnishing Article in China
Price for Bedding and Furnishing Article in China (FOB) - 2023
The average bedding and furnishing article export price stood at $5,944 per ton in September 2023, leveling off at the previous month. Over the period under review, the export price, however, saw a slight shrinkage. The most prominent rate of growth was recorded in March 2023 an increase of 9.1% against the previous month. The export price peaked at $8,236 per ton in December 2022; however, from January 2023 to September 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Singapore ($16,155 per ton), while the average price for exports to Canada ($4,911 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+0.4%), while the prices for the other major destinations experienced a decline.
Price for Bedding and Furnishing Article in China (CIF) - 2023
In September 2023, the average bedding and furnishing article import price amounted to $13,955 per ton, which is down by -3.4% against the previous month. Over the period under review, import price indicated a tangible expansion from September 2022 to September 2023: its price increased at an average monthly rate of +4.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, bedding and furnishing article import price decreased by -10.0% against July 2023 indices. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 57% m-o-m. As a result, import price attained the peak level of $15,510 per ton. From August 2023 to September 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($84,533 per ton), while the price for Thailand ($5,177 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by South Korea (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Bedding and Furnishing Article in China
After three years of growth, shipments abroad of bedding and furnishing articles (quilts, eiderdowns, cushions, pouffes and pillows) decreased by -36.9% to 931K tons in 2022. In general, exports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 13% against the previous year. As a result, the exports attained the peak of 1.5M tons, and then fell notably in the following year.
In value terms, bedding and furnishing article exports contracted significantly to $6.5B in 2022. Overall, exports saw a pronounced decline. The pace of growth appeared the most rapid in 2021 with an increase of 22%. As a result, the exports reached the peak of $8.7B, and then fell rapidly in the following year.
| Export of Bedding and Furnishing Article in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,694 | 2,700 | 3,270 | 2,155 | -7.2% |
| Japan | 921 | 888 | 1,015 | 777 | -5.5% |
| Australia | 215 | 244 | 239 | 253 | 5.6% |
| South Korea | 250 | 262 | 324 | 243 | -0.9% |
| Malaysia | 119 | 161 | 195 | 216 | 22.0% |
| Germany | 201 | 203 | 243 | 166 | -6.2% |
| United Kingdom | 219 | 217 | 246 | 156 | -10.7% |
| Canada | 171 | 181 | 211 | 147 | -4.9% |
| Saudi Arabia | 130 | 120 | 144 | 105 | -6.9% |
| United Arab Emirates | 63.2 | 117 | 131 | 102 | 17.3% |
| Netherlands | 109 | 110 | 142 | 95.8 | -4.2% |
| Chile | 101 | 71.1 | 187 | 79.5 | -7.7% |
| France | 91.2 | 82.7 | 112 | 77.7 | -5.2% |
| Others | 2,118 | 1,728 | 2,193 | 1,913 | -3.3% |
| Total | 7,403 | 7,083 | 8,650 | 6,488 | -4.3% |
Top Export Markets for Bedding and Furnishing Article from China in 2022:
- United States (353.0K tons)
- Japan (110.2K tons)
- Australia (33.4K tons)
- South Korea (29.3K tons)
- Germany (27.1K tons)
- Canada (25.4K tons)
- United Kingdom (25.2K tons)
- Malaysia (16.7K tons)
- Saudi Arabia (16.3K tons)
- Netherlands (16.3K tons)
- Chile (15.4K tons)
- France (13.9K tons)
- United Arab Emirates (13.6K tons)
Imports of Bedding and Furnishing Article in China
In 2022, imports of bedding and furnishing articles (quilts, eiderdowns, cushions, pouffes and pillows) into China fell slightly to 6.8K tons, approximately reflecting the year before. In general, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 0.1%.
In value terms, bedding and furnishing article imports reduced to $81M in 2022. Over the period under review, imports saw a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 16%.
| Import of Bedding and Furnishing Article in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 46.0 | 25.1 | 24.9 | 23.8 | -19.7% |
| Germany | 5.9 | 4.7 | 8.6 | 12.0 | 26.7% |
| Italy | 8.4 | 9.0 | 10.1 | 9.3 | 3.5% |
| Denmark | 2.9 | 3.4 | 4.0 | 2.9 | 0.0% |
| Sri Lanka | 3.5 | 2.5 | 2.9 | 2.5 | -10.6% |
| India | 2.7 | 1.3 | 2.3 | 2.0 | -9.5% |
| Vietnam | 2.6 | 2.3 | 1.7 | 1.5 | -16.8% |
| Australia | 5.2 | 2.8 | 4.4 | 1.3 | -37.0% |
| South Korea | 2.4 | 2.0 | 2.4 | 1.1 | -22.9% |
| Others | 28.0 | 22.9 | 26.5 | 24.6 | -4.2% |
| Total | 108 | 76.0 | 87.8 | 80.9 | -9.2% |
Top Suppliers of Bedding and Furnishing Article to China in 2022:
- Thailand (4191.9 tons)
- Sri Lanka (392.2 tons)
- Italy (181.0 tons)
- South Korea (164.1 tons)
- India (137.2 tons)
- Denmark (131.4 tons)
- Vietnam (131.2 tons)
- Germany (123.6 tons)
- Australia (57.7 tons)
This report provides an in-depth analysis of the market for bedding and furnishing article in 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 13922493 - Articles of bedding of feathers or down (including quilts and eiderdowns, cushions, pouffes, pillows) (excluding mattresses, sleeping bags)
- Prodcom 13922499 - Articles of bedding filled other than with feathers or down (including quilts and eiderdowns, cushions, pouffes, pillows) (excluding mattresses, sleeping bags)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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