Price for Bedspreads; Knitted or Crocheted in Kuwait - 2021

Contents:

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

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

In 2022, the average bedspreads; knitted or crocheted import price amounted to $9.2 per unit, waning by -4.1% against the previous year. Overall, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, bedspreads; knitted or crocheted import price increased by +3.8% against 2020 indices. The pace of growth was the most pronounced in 2015 an increase of 54%. The import price peaked at $14 per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($12 per unit), while the price for China ($6.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.1%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average bedspreads; knitted or crocheted export price amounted to $5.4 per unit, rising by 14% against the previous year. Overall, the export price, however, continues to indicate a mild downturn. The pace of growth appeared the most rapid in 2015 an increase of 66%. The export price peaked at $8.3 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bahrain ($5.6 per unit), while the average price for exports to Egypt ($1.1 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 Saudi Arabia (+26.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bedspreads; Knitted or Crocheted in Kuwait

In 2022, after three years of growth, there was decline in supplies from abroad of bedspreads; knitted or crocheteds, when their volume decreased by -1.1% to 49K units. The total import volume increased at an average annual rate of +7.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 23% against the previous year. Over the period under review, imports attained the peak figure at 50K units in 2021, and then fell slightly in the following year.

In value terms, bedspreads; knitted or crocheted imports shrank to $456K in 2022. The total import value increased at an average annual rate of +6.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 14% against the previous year. Over the period under review, imports reached the peak figure at $481K in 2021, and then reduced in the following year.

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

1. China (20.2K units)
2. Spain (15.4K units)
3. Turkey (9.3K units)
4. India (1.1K units)

Exports of Bedspreads; Knitted or Crocheted in Kuwait

In 2022, overseas shipments of bedspreads; knitted or crocheteds decreased by -15.9% to 37 units, falling for the second consecutive year after two years of growth. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +8.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -17.8% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by 55% against the previous year. As a result, the exports attained the peak of 45 units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, bedspreads; knitted or crocheted exports declined to $196 in 2022. The total export value increased at an average annual rate of +6.6% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 14%. Over the period under review, the exports reached the maximum at $208 in 2021, and then fell in the following year.

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

1. Bahrain (32.0 units)
2. United Arab Emirates (3.0 units)

Source: IndexBox Market Intelligence Platform