Price for Bedspreads; Knitted or Crocheted in South Korea - 2022

Contents:

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

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

The average bedspreads; knitted or crocheted import price stood at $8.3 per unit in 2022, surging by 6.2% against the previous year. Over the period under review, the import price, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by 7% against the previous year. Over the period under review, average import prices attained the peak figure at $19 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Portugal ($73 per unit), while the price for China ($8.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+16.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average bedspreads; knitted or crocheted export price stood at $5 per unit in 2022, surging by 23% against the previous year. Over the period under review, the export price, however, showed a deep downturn. The pace of growth appeared the most rapid in 2014 an increase of 183% against the previous year. As a result, the export price reached the peak level of $21 per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Ethiopia ($23 per unit), while the average price for exports to Chile ($3.6 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 (+124.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bedspreads; Knitted or Crocheted in South Korea

In 2022, after two years of decline, there was significant growth in supplies from abroad of bedspreads; knitted or crocheteds, when their volume increased by 119% to 209K units. Over the period under review, imports, however, faced a sharp decrease. Over the period under review, imports reached the peak figure at 780K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, bedspreads; knitted or crocheted imports skyrocketed to $1.7M in 2022. Overall, imports, however, continue to indicate a sharp decline. Over the period under review, imports hit record highs at $6.8M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Bedspreads; Knitted or Crocheted in South Korea (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.32.60.71.7-35.4%
Thailand0.30.1N/AN/A-66.7%
Others0.2N/AN/AN/A0%
Total6.82.70.81.7-37.0%

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

  1. China (208.1K units)
  2. Thailand (1.0K units)

Exports of Bedspreads; Knitted or Crocheted in South Korea

In 2022, approx. 5.6K units of bedspreads; knitted or crocheteds were exported from South Korea; jumping by 756% on 2021 figures. Overall, exports showed significant growth. Over the period under review, the exports hit record highs at 8.1K units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, bedspreads; knitted or crocheted exports skyrocketed to $28K in 2022. Over the period under review, exports enjoyed a strong increase. The exports peaked at $54K in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Export of Bedspreads; Knitted or Crocheted in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates5.034.21.612.134.3%
Ethiopia4.610.70.64.81.4%
NetherlandsN/AN/AN/A3.50%
United KingdomN/AN/AN/A1.60%
China2.32.50.10.9-26.9%
Chile1.02.30.10.9-3.5%
Philippines0.40.6N/AN/A50.0%
Samoa2.4N/AN/AN/A0%
Others1.63.50.24.541.2%
Total17.453.72.728.217.5%

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

  1. United Arab Emirates (3277.0 units)
  2. Netherlands (789.0 units)
  3. Chile (245.0 units)
  4. Ethiopia (203.0 units)
  5. United Kingdom (120.0 units)
  6. China (82.0 units)

Source: IndexBox Market Intelligence Platform

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