Price for Bedspreads; Not Knitted or Crocheted in South Korea - 2022

Contents:

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

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

In 2022, the average import price for bedspreads; not knitted or crocheteds amounted to $9.1 per unit, declining by -3.3% against the previous year. Overall, the import price recorded a slight setback. The growth pace was the most rapid in 2015 when the average import price increased by 9.1% against the previous year. The import price peaked at $11 per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($27 per unit), while the price for China ($7.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for bedspreads; not knitted or crocheteds amounted to $5.9 per unit, growing by 2.5% against the previous year. Overall, the export price enjoyed mild growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by 77% against the previous year. The export price peaked at $13 per unit in 2019; however, from 2020 to 2022, the export prices remained at a 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 New Zealand ($45 per unit), while the average price for exports to the Philippines ($1.6 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 New Zealand (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bedspreads; Not Knitted or Crocheted in South Korea

In 2022, purchases abroad of bedspreads; not knitted or crocheteds decreased by -5.9% to 672K units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 104%. Imports peaked at 714K units in 2021, and then shrank in the following year.

In value terms, bedspreads; not knitted or crocheted imports reduced to $6.1M in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 92% against the previous year. Imports peaked at $6.7M in 2021, and then reduced in the following year.

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

1. China (559.0K units)
2. India (68.1K units)
3. Vietnam (22.0K units)
4. Portugal (14.4K units)

Exports of Bedspreads; Not Knitted or Crocheted in South Korea

After three years of growth, overseas shipments of bedspreads; not knitted or crocheteds decreased by -34.4% to 252K units in 2022. In general, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 373%. As a result, the exports reached the peak of 384K units, and then contracted sharply in the following year.

In value terms, bedspreads; not knitted or crocheted exports fell remarkably to $1.5M in 2022. Over the period under review, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 191% against the previous year. As a result, the exports reached the peak of $2.2M, and then fell remarkably in the following year.

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

1. Philippines (223.3K units)
2. New Zealand (21.0K units)
3. United States (5.0K units)

Source: IndexBox Market Intelligence Platform