Price for Blankets and Travelling Rugs in Ethiopia - 2022
Contents:
- Price for Blankets and Travelling Rugs in Ethiopia (CIF) - 2022
- Price for Blankets and Travelling Rugs in Ethiopia (FOB) - 2022
- Imports of Blankets and Travelling Rugs in Ethiopia
- Exports of Blankets and Travelling Rugs in Ethiopia
Price for Blankets and Travelling Rugs in Ethiopia (CIF) - 2022
In 2022, the average blankets and travelling rugs import price amounted to $4.4 per unit, falling by -32.5% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average import price increased by 82%. Over the period under review, average import prices hit record highs at $27 per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
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 Pakistan ($6.3 per unit), while the price for India ($3.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Blankets and Travelling Rugs in Ethiopia (FOB) - 2022
The average blankets and travelling rugs export price stood at $4.2 per unit in 2022, with a decrease of -32.1% against the previous year. Over the period under review, the export price showed a abrupt setback. The pace of growth appeared the most rapid in 2018 when the average export price increased by 50% against the previous year. The export price peaked at $17 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($17 per unit), while the average price for exports to Zambia ($0.7 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 South Korea (+19.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Blankets and Travelling Rugs in Ethiopia
For the fourth year in a row, Ethiopia recorded growth in overseas purchases of blankets and travelling rugses, which increased by 14% to 1.2M units in 2022. Overall, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 95% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, blankets and travelling rugs imports dropped remarkably to $5.2M in 2022. In general, imports, however, showed a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 39% against the previous year. As a result, imports attained the peak of $6.8M, and then dropped notably in the following year.
| Import of Blankets and Travelling Rugs in Ethiopia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.1 | 3.7 | 2.0 | 2.3 | -17.5% |
| Pakistan | 0.5 | 0.4 | 1.8 | 1.6 | 47.4% |
| India | 0.7 | 0.3 | 1.6 | 1.0 | 12.6% |
| Kenya | 0.2 | 0.1 | 0.3 | 0.2 | 0.0% |
| United Arab Emirates | 0.3 | 0.1 | 0.8 | N/A | 63.3% |
| Others | 0.3 | 0.2 | 0.4 | 0.1 | -30.7% |
| Total | 6.1 | 4.9 | 6.8 | 5.2 | -5.2% |
Top Suppliers of Blankets and Travelling Rugs to Ethiopia in 2022:
- China (595.9K units)
- India (272.2K units)
- Pakistan (248.2K units)
- Kenya (44.7K units)
- United Arab Emirates (2.8K units)
Exports of Blankets and Travelling Rugs in Ethiopia
In 2022, overseas shipments of blankets and travelling rugses decreased by -20% to 34K units, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a pronounced curtailment. The pace of growth was the most pronounced in 2020 with an increase of 101%. As a result, the exports attained the peak of 80K units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, blankets and travelling rugs exports contracted dramatically to $143K in 2022. Over the period under review, exports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2020 with an increase of 75%. As a result, the exports attained the peak of $349K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Blankets and Travelling Rugs in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 9.3 | 16.2 | 46.2 | 33.3 | 53.0% |
| Netherlands | 0.9 | 0.4 | N/A | 33.1 | 232.6% |
| South Korea | N/A | N/A | 1.5 | 29.8 | 1886.7% |
| United States | 32.2 | 30.1 | 105 | 17.0 | -19.2% |
| Mozambique | 0.1 | N/A | 0.5 | 5.6 | 282.6% |
| Italy | 92.6 | 220 | 40.0 | 4.9 | -62.5% |
| Canada | 0.3 | N/A | 0.2 | 2.5 | 102.7% |
| Malawi | N/A | 16.9 | 0.8 | 1.6 | -69.2% |
| Zambia | N/A | N/A | 0.2 | 1.2 | 500.0% |
| Serbia | 30.1 | 14.9 | N/A | N/A | -50.5% |
| Others | 34.4 | 51.2 | 69.3 | 14.0 | -25.9% |
| Total | 200 | 349 | 263 | 143 | -10.6% |
Top Export Markets for Blankets and Travelling Rugs from Ethiopia in 2022:
- Belgium (12.2K units)
- Netherlands (9.9K units)
- South Korea (4.3K units)
- Zambia (1.7K units)
- Mozambique (1.3K units)
- United States (1.0K units)
- Canada (0.5K units)
- Italy (0.5K units)
- Malawi (0.3K units)
135
This report provides an in-depth analysis of the blanket market in Ethiopia.
89
This report provides an in-depth analysis of the market for travelling rugs of synthetic fibre in Ethiopia.
154
This report provides an in-depth analysis of the travelling wool rug market in Ethiopia.
1635
This report provides an in-depth analysis of the global blanket market.
592
This report provides an in-depth analysis of the global market for travelling rugs of synthetic fibre.
610
This report provides an in-depth analysis of the global travelling wool rug market.
948
This report provides an in-depth analysis of the global electric blanket market.
135
This report provides an in-depth analysis of the blanket market in Ethiopia.
89
This report provides an in-depth analysis of the market for travelling rugs of synthetic fibre in Ethiopia.
154
This report provides an in-depth analysis of the travelling wool rug market in Ethiopia.
1653
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
1653
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
