Electric Blanket Price in Estonia - 2023

Contents:

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

Electric Blanket Price in Estonia (CIF) - 2022

In 2022, the average electric blanket import price amounted to $30 per unit, growing by 13% against the previous year. In general, the import price posted a moderate expansion. The most prominent rate of growth was recorded in 2021 an increase of 34%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($41 per unit), while the price for Turkey ($10 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.1%), while the prices for the other major suppliers experienced a decline.

Electric Blanket Price in Estonia (FOB) - 2022

The average electric blanket export price stood at $40 per unit in 2022, with an increase of 48% against the previous year. Over the period under review, the export price, however, continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2016 an increase of 84%. The export price peaked at $115 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($51 per unit), while the average price for exports to Russia ($23 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 Lithuania (+19.4%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Blanket Imports in Estonia

In 2022, supplies from abroad of electric blankets increased by 299% to 7K units for the first time since 2019, thus ending a two-year declining trend. In general, imports posted a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, electric blanket imports soared to $213K in 2022. Overall, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Electric Blanket in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China73.241.611.418736.7%
RussiaN/AN/AN/A21.00%
TurkeyN/AN/AN/A3.60%
Switzerland6.45.99.90.4-60.3%
Germany4.612.721.60.3-59.7%
Others0.71.14.30.5-10.6%
Total84.961.347.221335.9%

Top Suppliers of Electric Blanket to Estonia in 2022:

  1. Switzerland (undefinedK units)
  2. Germany (undefinedK units)
  3. China (5.7K units)
  4. Russia (1.0K units)
  5. Turkey (0.4K units)

Electric Blanket Exports in Estonia

In 2022, overseas shipments of electric blankets decreased by -37.1% to 171 units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 when exports increased by 261%. The exports peaked at 272 units in 2021, and then reduced sharply in the following year.

In value terms, electric blanket exports fell to $6.8K in 2022. Over the period under review, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 295%. The exports peaked at $7.3K in 2021, and then fell in the following year.

Export of Electric Blanket in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/AN/AN/A6.80%
Latvia1.43.16.82.927.5%
NorwayN/AN/AN/A2.00%
Lithuania0.10.30.51.9166.8%
BahamasN/A2.7N/AN/A0%
OthersN/AN/AN/A-6.80%
Total1.56.07.36.865.5%

Top Export Markets for Electric Blanket from Estonia in 2022:

  1. Russia (300.0 units)
  2. Latvia (67.0 units)
  3. Lithuania (45.0 units)
  4. Norway (40.0 units)

Source: IndexBox Market Intelligence Platform

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