Price for Bedspreads; Knitted or Crocheted in Singapore - 2022

Contents:

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

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

In 2022, the average bedspreads; knitted or crocheted import price amounted to $6.5 per unit, stabilizing at the previous year. Over the period under review, the import price showed a perceptible setback. The growth pace was the most rapid in 2013 an increase of 11%. The import price peaked at $9.1 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Thailand ($6.5 per unit) and India ($6.5 per unit), while the price for China ($6.5 per unit) and the United States ($6.5 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (-2.0%), while the prices for the other major suppliers experienced a decline.

Price for Bedspreads; Knitted or Crocheted in Singapore (FOB) - 2022

In 2022, the average bedspreads; knitted or crocheted export price amounted to $8.5 per unit, growing by 5.1% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 23% against the previous year. As a result, the export price attained the peak level of $11 per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($8.6 per unit), while the average price for exports to Malaysia amounted to $8.5 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+0.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bedspreads; Knitted or Crocheted in Singapore

For the fourth consecutive year, Singapore recorded growth in supplies from abroad of bedspreads; knitted or crocheteds, which increased by 292% to 170K units in 2022. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, bedspreads; knitted or crocheted imports surged to $1.1M in 2022. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Bedspreads; Knitted or Crocheted in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China13316617380682.3%
Thailand27.644.830.915577.7%
Indonesia7.84.010.046.381.1%
India3.416.42.333.1113.5%
United States0.911.12.021.1186.2%
PakistanN/AN/A54.8N/A0%
Others16.412.110.137.732.0%
Total1892542831,09979.8%

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

  1. China (124.4K units)
  2. Thailand (24.0K units)
  3. Indonesia (7.1K units)
  4. India (5.1K units)
  5. United States (3.3K units)

Exports of Bedspreads; Knitted or Crocheted in Singapore

After two years of decline, overseas shipments of bedspreads; knitted or crocheteds increased by 85% to 2.7K units in 2022. In general, exports, however, continue to indicate a sharp decrease. Over the period under review, the exports reached the peak figure at 25K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, bedspreads; knitted or crocheted exports skyrocketed to $23K in 2022. Overall, exports, however, showed a dramatic decline. The exports peaked at $212K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Bedspreads; Knitted or Crocheted in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia11136.90.522.6-41.2%
Indonesia2.00.50.10.4-41.5%
Philippines97.6N/AN/AN/A0%
BangladeshN/AN/A6.7N/A0%
Others1.91.34.5N/A53.9%
Total21238.811.823.0-52.3%

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

  1. Indonesia (undefinedK units)
  2. Malaysia (2.6K units)

Source: IndexBox Market Intelligence Platform

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