Ireland: Bedspread Market 2024

Bedspread Market Size in Ireland

In 2022, the Irish bedspread market increased by X% to $X, rising for the second year in a row after two years of decline. Overall, consumption posted a slight expansion. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Bedspread Production in Ireland

In value terms, bedspread production expanded to $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X%. Bedspread production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

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Bedspread Exports

Exports from Ireland

In 2022, approx. X units of bedspreads (excluding eiderdowns) were exported from Ireland; growing by X% against 2021 figures. Over the period under review, exports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of X%. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, bedspread exports declined rapidly to $X in 2022. Overall, exports posted a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

The UK (X units) was the main destination for bedspread exports from Ireland, accounting for a X% share of total exports. Moreover, bedspread exports to the UK exceeded the volume sent to the second major destination, the United Arab Emirates (X units), fourfold. The Netherlands (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and the Netherlands (X% per year).

In value terms, the UK ($X) remains the key foreign market for bedspreads (excluding eiderdowns) exports from Ireland, comprising X% of total exports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total exports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and the United States (X% per year).

Export Prices by Country

The average bedspread export price stood at $X per unit in 2022, reducing by X% against the previous year. Over the period under review, the export price continues to indicate a noticeable reduction. The pace of growth was the most pronounced in 2014 when the average export price increased by X%. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to the UK ($X 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 Spain (X%), while the prices for the other major destinations experienced more modest paces of growth.

Bedspread Imports

Imports into Ireland

In 2022, purchases abroad of bedspreads (excluding eiderdowns) increased by X% to X units, rising for the second consecutive year after two years of decline. In general, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, bedspread imports surged to $X in 2022. Overall, imports saw temperate growth. The pace of growth was the most pronounced in 2017 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

China (X units), the UK (X units) and India (X units) were the main suppliers of bedspread imports to Ireland, with a combined X% share of total imports. Turkey, Belgium, Hungary and Germany lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest bedspread suppliers to Ireland were China ($X), the UK ($X) and Turkey ($X), together accounting for X% of total imports. India, Belgium, Germany and Hungary lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Belgium, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average bedspread import price amounted to $X per unit, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in years to come.

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 Turkey ($X per unit), while the price for Hungary ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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