Price for Bedspreads; Knitted or Crocheted in the United States - 2023

Contents:

1. Price for Bedspreads; Knitted or Crocheted in the United States (CIF) - 2023
2. Price for Bedspreads; Knitted or Crocheted in the United States (FOB) - 2022
3. Imports of Bedspreads; Knitted or Crocheted in the United States
4. Exports of Bedspreads; Knitted or Crocheted in the United States

Price for Bedspreads; Knitted or Crocheted in the United States (CIF) - 2023

The average bedspreads; knitted or crocheted import price stood at $5.9 per unit in September 2023, reducing by -12.4% against the previous month. Over the period under review, the import price recorded a slight shrinkage. The growth pace was the most rapid in December 2022 when the average import price increased by 35% m-o-m. Over the period under review, average import prices reached the peak figure at $6.8 per unit in August 2023, and then fell in the following month.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Vietnam ($10.9 per unit), while the price for China ($5.2 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 Thailand (+1.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Bedspreads; Knitted or Crocheted in the United States (FOB) - 2022

The average bedspreads; knitted or crocheted export price stood at $23 per unit in 2022, increasing by 34% against the previous year. Over the period under review, the export price showed a mild increase. The most prominent rate of growth was recorded in 2016 an increase of 274% against the previous year. As a result, the export price reached the peak level of $42 per unit. From 2017 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($36 per unit), while the average price for exports to Canada ($17 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 Honduras (+42.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bedspreads; Knitted or Crocheted in the United States

Bedspreads; knitted or crocheted imports into the United States skyrocketed to 4.2M units in 2022, surging by 17% compared with the previous year. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 66%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, bedspreads; knitted or crocheted imports soared to $25M in 2022. In general, imports posted significant growth. The growth pace was the most rapid in 2021 when imports increased by 53% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Top Suppliers of Bedspreads; Knitted or Crocheted to the United States in 2022:

1. China (3.7M units)
2. Vietnam (0.4M units)
3. Thailand (0.1M units)

Exports of Bedspreads; Knitted or Crocheted in the United States

In 2022, approx. 36K units of bedspreads; knitted or crocheteds were exported from the United States; dropping by -19.9% on 2021 figures. In general, exports saw a abrupt curtailment. The smallest decline of -1.2% was in 2021. Over the period under review, the exports reached the peak figure at 47K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, bedspreads; knitted or crocheted exports expanded remarkably to $850K in 2022. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +23.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +90.0% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 54%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in years to come.

Top Export Markets for Bedspreads; Knitted or Crocheted from the United States in 2022:

1. Canada (19.4K units)
2. Mexico (10.4K units)
3. Dominican Republic (1.7K units)
4. Uruguay (1.5K units)
5. Honduras (1.1K units)
6. Jamaica (0.9K units)

Source: IndexBox Market Intelligence Platform