Price for Bedspreads; Knitted or Crocheted in Hong Kong SAR - 2023

Contents:

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

Price for Bedspreads; Knitted or Crocheted in Hong Kong SAR (FOB) - 2022

In 2022, the average bedspreads; knitted or crocheted export price amounted to $16 per unit, surging by 96% against the previous year. Overall, the export price recorded buoyant growth. Over the period under review, the average export prices hit record highs at $23 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($38 per unit), while the average price for exports to the United States ($11 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 Australia (+14.8%), while the prices for the other major destinations experienced a decline.

Price for Bedspreads; Knitted or Crocheted in Hong Kong SAR (CIF) - 2022

In 2022, the average bedspreads; knitted or crocheted import price amounted to $7.9 per unit, which is down by -23.8% against the previous year. Over the period under review, the import price saw a mild shrinkage. The pace of growth was the most pronounced in 2016 an increase of 26%. The import price peaked at $10 per unit in 2021, and then shrank rapidly in the following year.

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 China amounted to -0.9% per year.

Exports of Bedspreads; Knitted or Crocheted in Hong Kong SAR

After three years of growth, shipments abroad of bedspreads; knitted or crocheteds decreased by -95.8% to 1.7K units in 2022. Overall, exports saw a precipitous contraction. The pace of growth was the most pronounced in 2021 with an increase of 43%. As a result, the exports reached the peak of 40K units, and then dropped sharply in the following year.

In value terms, bedspreads; knitted or crocheted exports fell rapidly to $27K in 2022. Over the period under review, exports recorded a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 47% against the previous year. As a result, the exports reached the peak of $324K, and then dropped remarkably in the following year.

Top Export Markets for Bedspreads; Knitted or Crocheted from Hong Kong SAR in 2022:

1. United States (1357.0 units)
2. Taiwan (Chinese) (189.0 units)
3. Australia (118.0 units)

Imports of Bedspreads; Knitted or Crocheted in Hong Kong SAR

In 2022, approx. 9.6K units of bedspreads; knitted or crocheteds were imported into Hong Kong SAR; dropping by -57.4% on the previous year's figure. Over the period under review, imports recorded a significant contraction. The pace of growth was the most pronounced in 2021 when imports increased by 38%. As a result, imports attained the peak of 22K units, and then contracted rapidly in the following year.

In value terms, bedspreads; knitted or crocheted imports fell dramatically to $75K in 2022. In general, imports continue to indicate a sharp downturn. The most prominent rate of growth was recorded in 2021 with an increase of 72% against the previous year. As a result, imports reached the peak of $232K, and then shrank rapidly in the following year.

Top Suppliers of Bedspreads; Knitted or Crocheted to Hong Kong SAR in 2022:

1. China (9.6K units)

Source: IndexBox Market Intelligence Platform