Price for Bedspreads; Knitted or Crocheted in Thailand - 2023

Contents:

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

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

In 2022, the average bedspreads; knitted or crocheted export price amounted to $5.1 per unit, falling by -6.2% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average export price increased by 88%. Over the period under review, the average export prices reached the maximum at $9.9 per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Russia ($5.6 per unit) and France ($5.3 per unit), while the average price for exports to China ($5 per unit) and Germany ($5.1 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.4%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average bedspreads; knitted or crocheted import price stood at $2.6 per unit in 2022, remaining stable against the previous year. In general, the import price, however, recorded a deep slump. The most prominent rate of growth was recorded in 2020 an increase of 89% against the previous year. The import price peaked at $11 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 +5.0% per year.

Exports of Bedspreads; Knitted or Crocheted in Thailand

In 2022, approx. 707K units of bedspreads; knitted or crocheteds were exported from Thailand; rising by 50% against 2021. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 83% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, bedspreads; knitted or crocheted exports soared to $3.6M in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +18.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.1% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Bedspreads; Knitted or Crocheted in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2359655771,35379.2%
Italy17177.613541033.8%
United States97.823729638057.2%
Spain2122172502180.9%
Poland257180209196-8.6%
China295210118186-14.3%
United Arab Emirates20671.690.7168-6.6%
Belgium94.548.973.91105.2%
France15883.795.5109-11.6%
United Kingdom119394348104-4.4%
Sweden12592.154.495.0-8.7%
Russia90.784.386.013.0-47.7%
Others94.923623026440.6%
Total2,1572,8982,5643,60518.7%

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

  1. Germany (267.7K units)
  2. Italy (80.1K units)
  3. United States (73.8K units)
  4. Spain (41.5K units)
  5. Poland (37.7K units)
  6. China (36.9K units)
  7. United Arab Emirates (32.3K units)
  8. Belgium (21.1K units)
  9. France (20.6K units)
  10. United Kingdom (20.3K units)
  11. Sweden (18.4K units)
  12. Russia (2.3K units)

Imports of Bedspreads; Knitted or Crocheted in Thailand

For the third year in a row, Thailand recorded decline in overseas purchases of bedspreads; knitted or crocheteds, which decreased by -23.8% to 58K units in 2022. Over the period under review, imports saw a dramatic downturn. The smallest decline of -11.8% was in 2021. Over the period under review, imports hit record highs at 453K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, bedspreads; knitted or crocheted imports reduced dramatically to $149K in 2022. Overall, imports showed a significant decrease. Over the period under review, imports hit record highs at $1.2M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Bedspreads; Knitted or Crocheted in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,197413182125-52.9%
Others0.515.111.823.3259.9%
Total1,198428194149-50.1%

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

  1. China (55.0K units)

Source: IndexBox Market Intelligence Platform

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