Price for Bedspreads; Not Knitted or Crocheted in Kenya - 2021

Contents:

  1. Price for Bedspreads; Not Knitted or Crocheted in Kenya (CIF) - 2022
  2. Price for Bedspreads; Not Knitted or Crocheted in Kenya (FOB) - 2022
  3. Imports of Bedspreads; Not Knitted or Crocheted in Kenya
  4. Exports of Bedspreads; Not Knitted or Crocheted in Kenya

Price for Bedspreads; Not Knitted or Crocheted in Kenya (CIF) - 2022

In 2022, the average import price for bedspreads; not knitted or crocheteds amounted to $12 per unit, picking up by 131% against the previous year. In general, the import price enjoyed a strong expansion. The pace of growth was the most pronounced in 2019 when the average import price increased by 172%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

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 India ($15 per unit), while the price for Turkey ($4.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+24.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Bedspreads; Not Knitted or Crocheted in Kenya (FOB) - 2022

In 2022, the average export price for bedspreads; not knitted or crocheteds amounted to $9.1 per unit, picking up by 9.1% against the previous year. In general, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, bedspreads; not knitted or crocheted export price increased by +139.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of 136% against the previous year. Over the period under review, the average export prices reached the peak figure at $12 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($10 per unit), while the average price for exports to Tanzania amounted to $7.6 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+8.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Bedspreads; Not Knitted or Crocheted in Kenya

Bedspreads; not knitted or crocheted imports into Kenya shrank notably to 38K units in 2022, with a decrease of -55.5% on the previous year. Over the period under review, imports continue to indicate a significant decrease. The growth pace was the most rapid in 2021 when imports increased by 19% against the previous year. Over the period under review, imports reached the maximum at 142K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, bedspreads; not knitted or crocheted imports amounted to $461K in 2022. In general, imports saw a sharp curtailment. Over the period under review, imports reached the peak figure at $1.1M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Bedspreads; Not Knitted or Crocheted in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India72524197.5407-17.5%
Turkey26.010.228.629.13.8%
China18438.110814.7-56.9%
United Arab Emirates24.469.160.4N/A57.3%
Uganda7.022.7N/AN/A224.3%
LebanonN/AN/A130N/A0%
Pakistan10557.715.1N/A-62.1%
Others14.035.17.19.7-11.5%
Total1,085473448461-24.8%

Top Suppliers of Bedspreads; Not Knitted or Crocheted to Kenya in 2022:

  1. India (28.0K units)
  2. Turkey (6.5K units)
  3. China (2.1K units)

Exports of Bedspreads; Not Knitted or Crocheted in Kenya

In 2022, after two years of decline, there was significant growth in overseas shipments of bedspreads; not knitted or crocheteds, when their volume increased by 148% to 4K units. Over the period under review, exports, however, faced a precipitous curtailment. The exports peaked at 19K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, bedspreads; not knitted or crocheted exports skyrocketed to $36K in 2022. In general, exports, however, saw a dramatic curtailment. Over the period under review, the exports hit record highs at $73K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Bedspreads; Not Knitted or Crocheted in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tanzania21.70.10.319.4-3.7%
Rwanda26.11.07.713.0-20.7%
Democratic Republic of the CongoN/A52.7N/AN/A0%
United States6.83.0N/AN/A-55.9%
Ethiopia11.20.1N/AN/A-99.1%
Ghana2.1N/AN/AN/A0%
Others4.72.25.43.9-6.0%
Total72.559.113.436.3-20.6%

Top Export Markets for Bedspreads; Not Knitted or Crocheted from Kenya in 2022:

  1. Tanzania (2.5K units)
  2. Rwanda (1.2K units)

Source: IndexBox Market Intelligence Platform

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