Price for Blankets and Travelling Rugs in China - 2023
Contents:
- Price for Blankets and Travelling Rugs in China (FOB) - 2023
- Price for Blankets and Travelling Rugs in China (CIF) - 2022
- Exports of Blankets and Travelling Rugs in China
- Imports of Blankets and Travelling Rugs in China
Price for Blankets and Travelling Rugs in China (FOB) - 2023
The average blankets and travelling rugs export price stood at $5.2 per unit in September 2023, picking up by 6% against the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 an increase of 7.5% against the previous month. The export price peaked at $6.1 per unit in October 2022; however, from November 2022 to September 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Canada ($7.0 per unit), while the average price for exports to Indonesia ($1.7 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Blankets and Travelling Rugs in China (CIF) - 2022
In 2022, the average blankets and travelling rugs import price amounted to $20 per unit, declining by -31.6% against the previous year. Over the period under review, the import price, however, posted modest growth. The pace of growth appeared the most rapid in 2018 an increase of 41% against the previous year. Over the period under review, average import prices attained the maximum at $30 per unit in 2021, and then reduced remarkably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($595 per unit), while the price for Australia ($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 South Korea (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Blankets and Travelling Rugs in China
In 2022, approx. 856M units of blankets and travelling rugses were exported from China; growing by 16% compared with the year before. The total export volume increased at an average annual rate of +7.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 18%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, blankets and travelling rugs exports rose to $4.4B in 2022. The total export value increased at an average annual rate of +6.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 34%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Blankets and Travelling Rugs in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,268 | 1,169 | 1,696 | 2,070 | 17.7% |
| Japan | 199 | 197 | 232 | 190 | -1.5% |
| United Kingdom | 137 | 132 | 179 | 167 | 6.8% |
| Saudi Arabia | 146 | 93.1 | 97.5 | 145 | -0.2% |
| Germany | 99.2 | 100 | 132 | 141 | 12.4% |
| Australia | 68.7 | 67.9 | 73.5 | 117 | 19.4% |
| Netherlands | 58.0 | 53.3 | 83.9 | 105 | 21.9% |
| Canada | 67.1 | 65.3 | 92.8 | 104 | 15.7% |
| Chile | 47.8 | 29.2 | 59.1 | 81.7 | 19.6% |
| France | 52.5 | 47.2 | 59.4 | 77.5 | 13.9% |
| Indonesia | 44.8 | 34.3 | 53.5 | 73.5 | 17.9% |
| Spain | 60.5 | 44.6 | 58.6 | 68.8 | 4.4% |
| Poland | 49.9 | 37.6 | 51.2 | 64.1 | 8.7% |
| Others | 1,415 | 1,179 | 1,471 | 1,030 | -10.0% |
| Total | 3,713 | 3,250 | 4,339 | 4,436 | 6.1% |
Top Export Markets for Blankets and Travelling Rugs from China in 2022:
- United States (419.0M units)
- United Kingdom (38.9M units)
- Germany (36.7M units)
- Japan (35.9M units)
- Indonesia (33.2M units)
- Netherlands (31.3M units)
- France (22.1M units)
- Poland (21.4M units)
- Saudi Arabia (20.5M units)
- Chile (19.9M units)
- Spain (19.0M units)
- Canada (18.9M units)
- Australia (16.3M units)
Imports of Blankets and Travelling Rugs in China
Blankets and travelling rugs imports into China skyrocketed to 1.3M units in 2022, rising by 91% on the previous year. In general, imports continue to indicate a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, blankets and travelling rugs imports surged to $26M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +17.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.1% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Blankets and Travelling Rugs in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 2.3 | 3.4 | 4.3 | 8.1 | 52.1% |
| Vietnam | 0.6 | 1.8 | 1.0 | 2.9 | 69.1% |
| India | 4.0 | 2.2 | 3.7 | 2.7 | -12.3% |
| South Korea | 0.4 | 0.5 | 0.2 | 0.3 | -9.1% |
| Turkey | N/A | 0.2 | 0.1 | 0.2 | 0.0% |
| Thailand | 1.0 | 0.4 | 0.1 | 0.2 | -41.5% |
| Australia | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| United Arab Emirates | 0.8 | 0.6 | 0.8 | N/A | 0.0% |
| Myanmar | 0.3 | N/A | N/A | N/A | 0% |
| Others | 6.4 | 7.0 | 9.1 | 11.0 | 19.8% |
| Total | 15.7 | 16.1 | 19.5 | 25.5 | 17.5% |
Top Suppliers of Blankets and Travelling Rugs to China in 2022:
- India (361.4K units)
- Vietnam (238.9K units)
- Turkey (23.4K units)
- Australia (15.0K units)
- United Kingdom (13.6K units)
- South Korea (8.9K units)
- Thailand (8.4K units)
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In Feb 2023, the blanket price was $5.3 (FOB, China) per unit, a 10% increase from the previous month.
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In Feb 2023, the electric blanket price dropped by 15% to $14.5 per unit (FOB, China) compared to the previous month.
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In 2016, the amount of blanket imported worldwide totaled X tons, coming up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the p...
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In 2016, the amount of blanket imported worldwide totaled X tons, coming up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the p...
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China dominates in the global blanket and traveling rug trade. In 2014, China exported X million USD, X% over than the year before. Its primary trading partner was the U.S., where it supplied X% of its total blanket and traveling rug exports in v
244
In Feb 2023, the blanket price was $5.3 (FOB, China) per unit, a 10% increase from the previous month.
182
In Feb 2023, the electric blanket price dropped by 15% to $14.5 per unit (FOB, China) compared to the previous month.
1652
In 2016, the amount of blanket imported worldwide totaled X tons, coming up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the p...
3440
In 2016, the amount of blanket imported worldwide totaled X tons, coming up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the p...
1610
China dominates in the global blanket and traveling rug trade. In 2014, China exported X million USD, X% over than the year before. Its primary trading partner was the U.S., where it supplied X% of its total blanket and traveling rug exports in v
