Report Update: Apr 1, 2024

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

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Blanket Price in Turkey - 2023

Blanket Price in Turkey (FOB) - 2022

In 2022, the average blanket export price amounted to $4 per unit, declining by -15.7% against the previous year. Over the period under review, the export price showed a noticeable curtailment. The most prominent rate of growth was recorded in 2018 when the average export price increased by 16%. The export price peaked at $5.1 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Egypt ($4.7 per unit), while the average price for exports to Denmark ($1.3 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 France (+1.8%), while the prices for the other major destinations experienced a decline.

Blanket Price in Turkey (CIF) - 2023

In January 2023, the average blanket import price amounted to $6.6 per unit, falling by -10.5% against the previous month. Overall, the import price, however, continues to indicate a measured increase. The most prominent rate of growth was recorded in June 2022 an increase of 357% against the previous month. As a result, import price attained the peak level of $25.5 per unit. From July 2022 to January 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was France ($21.0 per unit), while the price for Israel ($2.3 per unit) was amongst the lowest.

From January 2022 to January 2023, the most notable rate of growth in terms of prices was attained by India (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Blanket Exports in Turkey

In 2022, exports of blankets and traveling rugs (except electric blankets) from Turkey surged to 17M units, jumping by 37% on the year before. Over the period under review, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +7.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.4% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, blanket exports surged to $70M in 2022. The total export value increased at an average annual rate of +7.6% over the period 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 when exports increased by 28% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Export of Blanket in Turkey (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	5.6	5.6	8.4	8.9	16.7%
Egypt	4.7	3.6	3.4	4.1	-4.5%
Iraq	4.5	4.1	2.7	4.1	-3.1%
Libya	5.9	1.7	2.9	3.8	-13.6%
Netherlands	1.8	2.1	3.1	3.3	22.4%
Israel	1.7	1.7	2.7	3.0	20.8%
United Kingdom	1.1	1.4	2.1	2.4	29.7%
Algeria	3.4	1.6	1.3	2.1	-14.8%
Bulgaria	1.4	1.4	1.5	1.6	4.6%
Serbia	0.8	0.9	1.4	1.4	20.5%
Greece	1.3	0.9	1.0	1.1	-5.4%
France	0.4	0.4	0.9	0.9	31.0%
Denmark	0.2	0.4	0.7	0.8	58.7%
Others	23.3	21.5	28.5	32.2	11.4%
Total	56.1	47.4	60.5	69.8	7.6%

Top Export Markets for Blanket from Turkey in 2022:

Germany (2.0M units)
Netherlands (1.4M units)
Iraq (1.4M units)
United Kingdom (1.2M units)
Libya (1.1M units)
Egypt (0.9M units)
Israel (0.7M units)
Bulgaria (0.7M units)
Algeria (0.6M units)
Denmark (0.6M units)
Greece (0.4M units)
Serbia (0.4M units)
France (0.3M units)

Blanket Imports in Turkey

In 2022, blanket imports into Turkey skyrocketed to 1.1M units, growing by 20% on 2021. In general, imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2020 when imports increased by 109%. As a result, imports attained the peak of 1.3M units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, blanket imports skyrocketed to $5.5M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +17.8% 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 +63.6% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Blanket in Turkey (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Pakistan	1,504	2,389	1,568	2,224	13.9%
China	542	467	764	1,110	27.0%
Egypt	63.9	611	542	684	120.4%
India	304	286	297	402	9.8%
United Arab Emirates	290	55.2	8.9	162	-17.6%
Others	644	576	704	894	11.6%
Total	3,348	4,384	3,885	5,476	17.8%

Top Suppliers of Blanket to Turkey in 2022:

Pakistan (768.1K units)
Egypt (104.6K units)
China (77.4K units)
India (48.6K units)
United Arab Emirates (30.7K units)

Source: IndexBox Market Intelligence Platform

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

Turkey

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Turkey
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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