Price for Bedspreads; Not Knitted or Crocheted in the United States - 2023

Contents:

  1. Price for Bedspreads; Not Knitted or Crocheted in the United States (CIF) - 2023
  2. Price for Bedspreads; Not Knitted or Crocheted in the United States (FOB) - 2022
  3. Imports of Bedspreads; Not Knitted or Crocheted in the United States
  4. Exports of Bedspreads; Not Knitted or Crocheted in the United States

Price for Bedspreads; Not Knitted or Crocheted in the United States (CIF) - 2023

In September 2023, the average import price for bedspreads; not knitted or crocheteds amounted to $4.7 per unit, reducing by -13.8% against the previous month. Over the period under review, the import price saw a noticeable descent. The most prominent rate of growth was recorded in April 2023 an increase of 20% month-to-month. Over the period under review, average import prices attained the peak figure at $7.6 per unit in December 2022; however, from January 2023 to September 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was India ($6.8 per unit), while the price for China ($3.2 per unit) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by India (-1.1%), while the prices for the other major suppliers experienced a decline.

Price for Bedspreads; Not Knitted or Crocheted in the United States (FOB) - 2022

In 2022, the average export price for bedspreads; not knitted or crocheteds amounted to $22 per unit, which is down by -2.9% against the previous year. In general, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +8.9% 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 +89.7% against 2019 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by 69%. The export price peaked at $23 per unit in 2021, and then contracted modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($30 per unit), while the average price for exports to India ($5.7 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 Mexico (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bedspreads; Not Knitted or Crocheted in the United States

For the fourth consecutive year, the United States recorded growth in supplies from abroad of bedspreads; not knitted or crocheteds, which increased by 4.6% to 18M units in 2022. The total import volume increased at an average annual rate of +13.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 36% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, bedspreads; not knitted or crocheted imports stood at $122M in 2022. The total import value increased at an average annual rate of +5.6% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 23%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Bedspreads; Not Knitted or Crocheted in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India33.537.446.053.216.7%
China33.232.238.431.3-1.9%
Pakistan14.414.312.919.711.0%
Portugal12.38.213.011.3-2.8%
Others10.23.87.56.4-14.4%
Total10396.01181225.8%

Top Suppliers of Bedspreads; Not Knitted or Crocheted to the United States in 2022:

  1. India (8.0M units)
  2. China (6.0M units)
  3. Pakistan (3.6M units)
  4. Portugal (0.4M units)

Exports of Bedspreads; Not Knitted or Crocheted in the United States

For the third consecutive year, the United States recorded decline in shipments abroad of bedspreads; not knitted or crocheteds, which decreased by -7.1% to 151K units in 2022. Over the period under review, exports recorded a abrupt decrease. Over the period under review, the exports attained the peak figure at 280K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, bedspreads; not knitted or crocheted exports contracted to $3.3M in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 11% against the previous year. As a result, the exports reached the peak of $3.7M, and then declined in the following year.

Export of Bedspreads; Not Knitted or Crocheted in the United States (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada1,8611,9391,8801,9060.8%
China7.9N/AN/A270224.5%
Mexico1245673931486.1%
Costa RicaN/A38.153.812278.9%
Honduras94.19.637859.0-14.4%
India5.0N/A29.648.5113.3%
Japan84.88.746.442.4-20.6%
Chile124N/A14.95.8-64.0%
Others963774897731-8.8%
Total3,2653,3373,6943,3320.7%

Top Export Markets for Bedspreads; Not Knitted or Crocheted from the United States in 2022:

  1. Canada (87.2K units)
  2. Mexico (12.2K units)
  3. China (9.0K units)
  4. India (8.5K units)
  5. Costa Rica (6.0K units)
  6. Honduras (3.1K units)
  7. Japan (2.2K units)
  8. Chile (0.2K units)

Source: IndexBox Market Intelligence Platform

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