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

Contents:

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

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

The average import price for bedspreads; not knitted or crocheteds stood at $7.5 per unit in 2022, dropping by -7.5% against the previous year. Overall, the import price recorded a perceptible shrinkage. The pace of growth was the most pronounced in 2021 when the average import price increased by 19%. Over the period under review, average import prices hit record highs at $12 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 India ($9 per unit), while the price for Egypt ($2.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+1.5%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for bedspreads; not knitted or crocheteds amounted to $7.5 per unit, which is down by -7.2% against the previous year. Over the period under review, the export price recorded a slight shrinkage. The most prominent rate of growth was recorded in 2013 when the average export price increased by 190% against the previous year. As a result, the export price attained the peak level of $24 per unit. From 2014 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 the United Arab Emirates ($30 per unit), while the average price for exports to Ethiopia ($0.3 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 Australia (+55.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bedspreads; Not Knitted or Crocheted in Kuwait

In 2022, the amount of bedspreads; not knitted or crocheteds imported into Kuwait expanded remarkably to 290K units, rising by 9.6% against 2021 figures. The total import volume increased at an average annual rate of +1.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 17% against the previous year. As a result, imports reached the peak of 324K units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, bedspreads; not knitted or crocheted imports stood at $2.2M in 2022. The total import value increased at an average annual rate of +3.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 13% against the previous year. As a result, imports reached the peak of $2.2M; afterwards, it flattened through to 2022.

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

1. China (127.9K units)
2. India (57.6K units)
3. Turkey (46.0K units)
4. United Arab Emirates (15.7K units)
5. Pakistan (12.3K units)
6. Germany (9.0K units)
7. Egypt (7.0K units)
8. Saudi Arabia (4.1K units)

Exports of Bedspreads; Not Knitted or Crocheted in Kuwait

In 2022, approx. 1.9K units of bedspreads; not knitted or crocheteds were exported from Kuwait; dropping by -42.3% compared with the year before. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 637%. As a result, the exports attained the peak of 3.3K units, and then contracted rapidly in the following year.

In value terms, bedspreads; not knitted or crocheted exports contracted notably to $14K in 2022. In general, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 1,293% against the previous year. As a result, the exports attained the peak of $26K, and then shrank significantly in the following year.

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

1. Niger (701.0 units)
2. Nepal (312.0 units)
3. Iran (286.0 units)
4. Spain (215.0 units)
5. United Arab Emirates (97.0 units)
6. Bahrain (63.0 units)
7. United Kingdom (45.0 units)
8. Australia (39.0 units)

Source: IndexBox Market Intelligence Platform