Price for Bedspreads; Knitted or Crocheted in Ethiopia - 2022

Contents:

  1. Price for Bedspreads; Knitted or Crocheted in Ethiopia (CIF) - 2022
  2. Price for Bedspreads; Knitted or Crocheted in Ethiopia (FOB) - 2022
  3. Imports of Bedspreads; Knitted or Crocheted in Ethiopia
  4. Exports of Bedspreads; Knitted or Crocheted in Ethiopia

Price for Bedspreads; Knitted or Crocheted in Ethiopia (CIF) - 2022

The average bedspreads; knitted or crocheted import price stood at $6 per unit in 2022, increasing by 38% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 74% against the previous year. Over the period under review, average import prices reached the maximum at $8 per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Pakistan amounted to +7.9% per year.

Price for Bedspreads; Knitted or Crocheted in Ethiopia (FOB) - 2022

The average bedspreads; knitted or crocheted export price stood at $8.3 per unit in 2022, reducing by -3.5% against the previous year. Over the period under review, the export price, however, showed strong growth. The pace of growth was the most pronounced in 2021 when the average export price increased by 86% against the previous year. As a result, the export price attained the peak level of $8.6 per unit, and then contracted modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($21 per unit), while the average price for exports to Switzerland ($2 per unit) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+24.6%), while the prices for the other major destinations experienced a decline.

Imports of Bedspreads; Knitted or Crocheted in Ethiopia

In 2022, the amount of bedspreads; knitted or crocheteds imported into Ethiopia totaled 2.1K units, picking up by 5.8% compared with 2021 figures. Over the period under review, imports, however, faced a dramatic descent. The pace of growth appeared the most rapid in 2020 with an increase of 191%. As a result, imports reached the peak of 20K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, bedspreads; knitted or crocheted imports soared to $13K in 2022. Overall, imports, however, recorded a sharp decrease. The growth pace was the most rapid in 2020 with an increase of 86%. As a result, imports reached the peak of $68K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Bedspreads; Knitted or Crocheted in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China11.712.31.612.72.8%
Benin5.927.62.9N/A-29.9%
Pakistan1.79.81.8N/A2.9%
Others17.418.52.4N/A-62.9%
Total36.668.18.712.7-29.7%

Top Suppliers of Bedspreads; Knitted or Crocheted to Ethiopia in 2022:

  1. China (2.1K units)

Exports of Bedspreads; Knitted or Crocheted in Ethiopia

In 2022, the amount of bedspreads; knitted or crocheteds exported from Ethiopia skyrocketed to 65 units, jumping by 30% compared with the previous year. In general, exports, however, recorded a precipitous descent. The exports peaked at 141 units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, bedspreads; knitted or crocheted exports skyrocketed to $542 in 2022. Overall, exports, however, saw a deep slump. Over the period under review, the exports hit record highs at $654 in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Export of Bedspreads; Knitted or Crocheted in Ethiopia (USD)
COUNTRY202020212022CAGR,
2020-2022
United States26133936017.4%
Sweden13956.01586.6%
Egypt2.05.013.0155.0%
SwitzerlandN/AN/A2.00%
Democratic Republic of the Congo119N/AN/A0%
BelgiumN/A32.0N/A0%
Others133N/A9.0-74.0%
Total654432542-9.0%

Top Export Markets for Bedspreads; Knitted or Crocheted from Ethiopia in 2022:

  1. Sweden (40.0 units)
  2. United States (17.0 units)
  3. Egypt (6.0 units)
  4. Switzerland (1.0 units)

Source: IndexBox Market Intelligence Platform

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