Price for Blankets and Travelling Rugs in Australia - 2023
Contents:
- Price for Blankets and Travelling Rugs in Australia (CIF) - 2023
- Price for Blankets and Travelling Rugs in Australia (FOB) - 2023
- Imports of Blankets and Travelling Rugs in Australia
- Exports of Blankets and Travelling Rugs in Australia
Price for Blankets and Travelling Rugs in Australia (CIF) - 2023
In September 2023, the average blankets and travelling rugs import price amounted to $59.6 per unit, rising by 21% against the previous month. Over the period under review, the import price enjoyed slight growth. The pace of growth was the most pronounced in January 2023 when the average import price increased by 61% m-o-m. Over the period under review, average import prices attained the peak figure at $158 per unit in April 2023; however, from May 2023 to September 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was the UK ($42.2 per unit), while the price for Canada ($5.7 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Blankets and Travelling Rugs in Australia (FOB) - 2023
The average blankets and travelling rugs export price stood at $24.8 per unit in September 2023, increasing by 120% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in July 2023 when the average export price increased by 210% month-to-month. As a result, the export price attained the peak level of $83.6 per unit. From August 2023 to September 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was China ($67.2 per unit), while the average price for exports to Papua New Guinea ($5.5 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+35.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Blankets and Travelling Rugs in Australia
After three years of growth, overseas purchases of blankets and travelling rugses decreased by -9.3% to 14M units in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +11.1% 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 +37.2% against 2019 indices. 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 15M units, and then shrank in the following year.
In value terms, blankets and travelling rugs imports declined modestly to $125M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +16.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 54%. As a result, imports reached the peak of $131M, and then shrank in the following year.
| Import of Blankets and Travelling Rugs in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 69.8 | 72.6 | 112 | 104 | 14.2% |
| India | 3.9 | 5.9 | 8.1 | 9.2 | 33.1% |
| Pakistan | 1.5 | 1.3 | 2.9 | 3.0 | 26.0% |
| Others | 4.5 | 5.4 | 7.7 | 9.0 | 26.0% |
| Total | 79.7 | 85.2 | 131 | 125 | 16.2% |
Top Suppliers of Blankets and Travelling Rugs to Australia in 2022:
- China (12.1M units)
- India (0.9M units)
- Pakistan (0.3M units)
Exports of Blankets and Travelling Rugs in Australia
In 2022, exports of blankets and travelling rugses from Australia soared to 179K units, surging by 17% against 2021. Overall, exports, however, saw a deep reduction. The exports peaked at 209K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, blankets and travelling rugs exports dropped slightly to $2.5M in 2022. In general, exports, however, continue to indicate a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 22% against the previous year. The exports peaked at $4.2M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Blankets and Travelling Rugs in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 584 | 867 | 763 | 655 | 3.9% |
| Papua New Guinea | 132 | 89.8 | 65.9 | 240 | 22.1% |
| Singapore | 376 | 69.4 | 79.9 | 235 | -14.5% |
| United States | 311 | 136 | 67.5 | 218 | -11.2% |
| China | 1,731 | 370 | 478 | 188 | -52.3% |
| Hong Kong SAR | 278 | 216 | 148 | 187 | -12.4% |
| South Korea | 31.9 | 63.8 | 194 | 180 | 78.0% |
| United Kingdom | 82.6 | 46.0 | 60.0 | 102 | 7.3% |
| Turkey | 63.1 | 48.0 | N/A | 76.7 | 6.7% |
| Italy | 6.1 | 0.8 | 0.1 | 45.1 | 94.8% |
| India | 7.8 | N/A | 7.5 | 42.1 | 75.4% |
| Malaysia | N/A | 4.9 | 17.8 | 37.5 | 176.6% |
| Indonesia | 59.3 | 8.0 | 4.8 | 32.2 | -18.4% |
| Others | 504 | 177 | 668 | 256 | -20.2% |
| Total | 4,167 | 2,097 | 2,555 | 2,495 | -15.7% |
Top Export Markets for Blankets and Travelling Rugs from Australia in 2022:
- New Zealand (54.2K units)
- Singapore (22.3K units)
- United States (20.5K units)
- Papua New Guinea (12.3K units)
- South Korea (9.9K units)
- Hong Kong SAR (9.8K units)
- United Kingdom (8.6K units)
- China (4.3K units)
- India (3.9K units)
- Turkey (3.7K units)
- Malaysia (3.7K units)
- Indonesia (3.4K units)
- Italy (3.3K units)
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