
U.S. - Blankets And Traveling Rugs (Except Electric Blankets) - Market Analysis, Forecast, Size, Trends and Insights
Blanket Price in U.S. Averages $4.6 per Unit
U.S. Blanket Import Price August 2022
In August 2022, the blanket price stood at $4.6 per unit (CIF, US), increasing by 3.8% against the previous month. Over the period from January 2022 to August 2022, it increased at an average monthly rate of +2.5%. The pace of growth appeared the most rapid in April 2022 when the average import price increased by 8.9% against the previous month. The import price peaked in August 2022.
Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($6 per unit), while the price for Pakistan ($2.2 per unit) was amongst the lowest.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Import Prices by Type
There were significant differences in the average prices amongst the major supplied products. In August 2022, the product with the highest price was blankets and travelling rugs of wool ($37 per unit), while the price for blankets (other than electric blankets) and travelling rugs; of cotton ($4.2 per unit) was amongst the lowest.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by travelling wool rug (+6.5%), while the prices for the other products experienced more modest paces of growth.
U.S. Blanket Imports
In August 2022, the amount of blankets and traveling rugs (except electric blankets) imported into the United States surged to 49M units, rising by 17% against the previous month. Over the period under review, imports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in July 2022 when imports increased by 40% against the previous month. Imports peaked in August 2022.
In value terms, blanket imports skyrocketed to $226M (IndexBox estimates) in August 2022. In general, imports saw strong growth. The most prominent rate of growth was recorded in July 2022 with an increase of 40% against the previous month. Imports peaked in August 2022.
U.S. Blanket Imports by Type
In August 2022, blankets and travelling rugs of synthetic fibres (44M units) was the main type of blanket supplied to the United States, with a 90% share of total imports. Moreover, blankets and travelling rugs of synthetic fibres exceeded the figures recorded for the second-largest type, blankets (other than electric blankets) and travelling rugs; of cotton (3.8M units), more than tenfold. The third position in this ranking was held by blankets and travelling rugs; n.e.s. in heading no. 6301 (855K units), with a 1.8% share.
From January 2022 to August 2022, the average monthly rate of growth in terms of the volume of import of blankets and travelling rugs of synthetic fibres amounted to +11.2%. With regard to the other supplied products, the following average monthly rates of growth were recorded: blankets (other than electric blankets) and travelling rugs; of cotton (-7.0% per month) and blankets and travelling rugs; n.e.s. in heading no. 6301 (+4.6% per month).
In value terms, blankets and travelling rugs of synthetic fibres ($199M) constituted the largest type of blanket supplied to the United States, comprising 88% of total imports. The second position in the ranking was taken by blankets (other than electric blankets) and travelling rugs; of cotton ($16M), with a 7% share of total imports. It was followed by blankets and travelling rugs of wool, with a 3.2% share.
U.S. Blanket Imports by Country
In August 2022, China (43M units) constituted the largest blanket supplier to the United States, with a 88% share of total imports. Moreover, blanket imports from China exceeded the figures recorded by the second-largest supplier, India (2.7M units), more than tenfold. The third position in this ranking was held by Vietnam (1.3M units), with a 2.7% share.
From January 2022 to August 2022, the average monthly rate of growth in terms of volume from China amounted to +10.6%. The remaining supplying countries recorded the following average monthly rates of imports growth: India (-1.8% per month) and Vietnam (+22.4% per month).
In value terms, China ($196M) constituted the largest supplier of blanket to the United States, comprising 87% of total imports. The second position in the ranking was taken by India ($9.9M), with a 4.4% share of total imports. It was followed by Vietnam, with a 3.5% share.
From January 2022 to August 2022, the average monthly rate of growth in terms of value from China totaled +12.5%. The remaining supplying countries recorded the following average monthly rates of imports growth: India (-1.1% per month) and Vietnam (+22.4% per month).
This report provides an in-depth analysis of the blanket market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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