Price for Bedspreads; Knitted or Crocheted in Indonesia - 2022

Contents:

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

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

The average bedspreads; knitted or crocheted import price stood at $6.6 per unit in 2022, with a decrease of -3.8% against the previous year. Overall, the import price showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2014 when the average import price increased by 21%. As a result, import price reached the peak level of $19 per unit. From 2015 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($39 per unit), while the price for Thailand ($6.6 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+13.9%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average bedspreads; knitted or crocheted export price stood at $12 per unit in 2022, increasing by 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. The growth pace was the most rapid in 2020 an increase of 21% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($58 per unit), while the average price for exports to the United Arab Emirates ($0.5 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 the Philippines (+123.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bedspreads; Knitted or Crocheted in Indonesia

In 2022, approx. 51K units of bedspreads; knitted or crocheteds were imported into Indonesia; growing by 40% against the previous year's figure. Overall, imports posted a strong increase. The growth pace was the most rapid in 2021 with an increase of 70%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, bedspreads; knitted or crocheted imports skyrocketed to $338K in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +11.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +94.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 45% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

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

1. China (49.2K units)
2. Thailand (1.2K units)

Exports of Bedspreads; Knitted or Crocheted in Indonesia

In 2022, approx. 1.1K units of bedspreads; knitted or crocheteds were exported from Indonesia; waning by -46.1% against 2021 figures. Over the period under review, exports, however, continue to indicate a resilient increase. The growth pace was the most rapid in 2021 with an increase of 361% against the previous year. As a result, the exports attained the peak of 2K units, and then fell remarkably in the following year.

In value terms, bedspreads; knitted or crocheted exports shrank rapidly to $13K in 2022. Overall, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 353% against the previous year. As a result, the exports reached the peak of $22K, and then declined dramatically in the following year.

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

1. United Arab Emirates (711.0 units)
2. Poland (115.0 units)
3. Maldives (84.0 units)
4. United Kingdom (39.0 units)
5. Singapore (24.0 units)
6. Russia (20.0 units)
7. French Polynesia (17.0 units)

Source: IndexBox Market Intelligence Platform