China - Blankets And Traveling Rugs (Except Electric Blankets) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

China - Blankets And Traveling Rugs (Except Electric Blankets) - Market Analysis, Forecast, Size, Trends and Insights

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Blanket Price in China - 2023

Contents:

  1. Blanket Price in China (FOB) - 2023
  2. Blanket Price in China (CIF) - 2022
  3. Blanket Exports in China
  4. Blanket Imports in China

Blanket Price in China (FOB) - 2023

In June 2023, the average blanket export price amounted to $4.2 per unit, reducing by -4.6% against the previous month. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in September 2022 an increase of 16% m-o-m. Over the period under review, the average export prices attained the maximum at $5.5 per unit in October 2022; however, from November 2022 to June 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Saudi Arabia ($5.7 per unit), while the average price for exports to Indonesia ($2.2 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+0.8%), while the prices for the other major destinations experienced more modest paces of growth.

Blanket Price in China (CIF) - 2022

In 2022, the average blanket import price amounted to $20 per unit, which is down by -61.1% against the previous year. Over the period under review, the import price continues to indicate a slight slump. The pace of growth was the most pronounced in 2021 when the average import price increased by 193% against the previous year. As a result, import price attained the peak level of $52 per unit, and then dropped remarkably in the following year.

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 the UK ($511 per unit), while the price for Indonesia ($4.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nepal (+20.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Blanket Exports in China

In 2022, approx. 828M units of blankets and traveling rugs (except electric blankets) were exported from China; with an increase of 35% on the previous year. In general, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +13.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.3% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, blanket exports stood at $4B in 2022. The total export value increased at an average annual rate of +4.7% 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 31% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Blanket in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,1361,0461,4971,76715.9%
Japan150158176148-0.4%
Saudi Arabia14693.297.7144-0.5%
United Kingdom1241181541383.6%
Germany90.088.61101148.2%
Netherlands53.048.771.792.920.6%
Canada59.155.077.785.813.2%
France52.247.058.976.713.7%
Chile42.926.854.873.619.7%
Indonesia45.034.553.673.517.8%
Spain58.442.954.963.52.8%
Poland48.636.749.559.06.7%
Italy35.731.043.746.08.8%
Others1,4081,1731,4431,080-8.5%
Total3,4483,0003,9423,9634.7%

Top Export Markets for Blanket from China in 2022:

  1. United States (345.0M units)
  2. United Kingdom (31.4M units)
  3. Germany (29.7M units)
  4. Japan (29.1M units)
  5. Indonesia (28.7M units)
  6. Netherlands (25.8M units)
  7. France (19.0M units)
  8. Poland (18.0M units)
  9. Saudi Arabia (17.5M units)
  10. Chile (16.2M units)
  11. Spain (15.7M units)
  12. Canada (15.4M units)
  13. Italy (13.1M units)

Blanket Imports in China

In 2022, the amount of blankets and traveling rugs (except electric blankets) imported into China surged to 1.2M units, growing by 249% against the year before. In general, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, blanket imports soared to $25M in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.1% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Blanket in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom2.33.85.010.264.3%
Italy2.22.64.77.651.2%
India4.02.13.22.5-14.5%
Vietnam0.61.50.82.049.4%
Nepal0.40.50.51.658.7%
TurkeyN/A0.10.10.241.4%
Taiwan (Chinese)N/AN/AN/A0.20%
Thailand0.90.30.10.2-39.4%
IndonesiaN/AN/AN/A0.10%
United Arab Emirates0.70.50.7N/A0.0%
Others2.32.83.00.2-55.7%
Total13.614.218.124.621.8%

Top Suppliers of Blanket to China in 2022:

  1. Vietnam (272.8K units)
  2. India (239.7K units)
  3. Thailand (30.0K units)
  4. Italy (27.1K units)
  5. Turkey (25.4K units)
  6. United Kingdom (20.0K units)
  7. Nepal (17.0K units)
  8. Indonesia (14.9K units)
  9. Taiwan (Chinese) (11.1K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the blanket market in China. 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.

Product coverage:

  • Prodcom 13921130 - Blankets and travelling rugs of wool or fine animal hair (excluding electric blankets)
  • Prodcom 13921150 - Blankets and travelling rugs of synthetic fibres (excluding electric blankets)
  • Prodcom 13921190 - Blankets (excluding electric blankets) and travelling rugs of textile materials (excluding of wool or fine animal hair, of synthetic fibres)

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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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

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