Price for Bedspreads; Knitted or Crocheted in Turkey - 2023

Contents:

1. Price for Bedspreads; Knitted or Crocheted in Turkey (FOB) - 2023
2. Price for Bedspreads; Knitted or Crocheted in Turkey (CIF) - 2022
3. Exports of Bedspreads; Knitted or Crocheted in Turkey
4. Imports of Bedspreads; Knitted or Crocheted in Turkey

Price for Bedspreads; Knitted or Crocheted in Turkey (FOB) - 2023

The average bedspreads; knitted or crocheted export price stood at $8.0 per unit in September 2023, shrinking by -12.4% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.5%. The pace of growth appeared the most rapid in November 2022 when the average export price increased by 32% month-to-month. The export price peaked at $10.3 per unit in February 2023; however, from March 2023 to September 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Belarus ($16.9 per unit), while the average price for exports to Moldova ($3.9 per unit) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average bedspreads; knitted or crocheted import price amounted to $7.4 per unit, surging by 49% against the previous year. In general, the import price, however, continues to indicate a perceptible descent. The pace of growth appeared the most rapid in 2018 when the average import price increased by 94% against the previous year. As a result, import price reached the peak level of $12 per unit. From 2019 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 China ($9.9 per unit), while the price for Bulgaria ($5.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Bedspreads; Knitted or Crocheted in Turkey

In 2022, overseas shipments of bedspreads; knitted or crocheteds decreased by -8.3% to 1.2M units for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +8.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year. As a result, the exports attained the peak of 1.3M units, and then fell in the following year.

In value terms, bedspreads; knitted or crocheted exports declined to $8.5M in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +11.3% 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 +38.0% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 45% against the previous year. As a result, the exports attained the peak of $9.3M, and then shrank in the following year.

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

1. Iraq (143.0K units)
2. Algeria (121.6K units)
3. Germany (102.4K units)
4. Serbia (64.2K units)
5. Israel (56.0K units)
6. United States (54.9K units)
7. Bosnia and Herzegovina (47.4K units)
8. Morocco (46.4K units)
9. Georgia (40.6K units)
10. Moldova (39.3K units)
11. Netherlands (35.3K units)
12. Libya (34.8K units)
13. Cyprus (28.1K units)

Imports of Bedspreads; Knitted or Crocheted in Turkey

In 2022, approx. 57K units of bedspreads; knitted or crocheteds were imported into Turkey; shrinking by -65.7% against the year before. Overall, imports, however, enjoyed a resilient increase. The pace of growth appeared the most rapid in 2021 when imports increased by 283% against the previous year. As a result, imports attained the peak of 167K units, and then fell dramatically in the following year.

In value terms, bedspreads; knitted or crocheted imports declined sharply to $424K in 2022. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 177%. As a result, imports attained the peak of $831K, and then reduced markedly in the following year.

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

1. Egypt (29.0K units)
2. China (17.4K units)
3. Thailand (4.7K units)
4. Hong Kong SAR (2.9K units)
5. Bulgaria (2.7K units)

Source: IndexBox Market Intelligence Platform