Price for Blankets and Travelling Rugs in Belgium - 2023

Contents:

  1. Price for Blankets and Travelling Rugs in Belgium (CIF) - 2023
  2. Price for Blankets and Travelling Rugs in Belgium (FOB) - 2023
  3. Imports of Blankets and Travelling Rugs in Belgium
  4. Exports of Blankets and Travelling Rugs in Belgium

Price for Blankets and Travelling Rugs in Belgium (CIF) - 2023

In August 2023, the average blankets and travelling rugs import price amounted to $4.8 per unit, declining by -38% against the previous month. In general, import price indicated a notable expansion from August 2022 to August 2023: its price increased at an average monthly rate of +3.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, blankets and travelling rugs import price decreased by -38.0% against July 2023 indices. The pace of growth was the most pronounced in September 2022 when the average import price increased by 165% month-to-month. Over the period under review, average import prices attained the peak figure at $9.0 per unit in March 2023; however, from April 2023 to August 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($15.6 per unit), while the price for France ($411 per thousand units) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Bulgaria (+28.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Blankets and Travelling Rugs in Belgium (FOB) - 2023

In August 2023, the average blankets and travelling rugs export price amounted to $8.5 per unit, waning by -3% against the previous month. In general, the export price continues to indicate a mild downturn. The pace of growth appeared the most rapid in June 2023 an increase of 39% m-o-m. As a result, the export price attained the peak level of $10.8 per unit. From July 2023 to August 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Poland ($12.1 per unit), while the average price for exports to Luxembourg ($3.7 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+0.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Blankets and Travelling Rugs in Belgium

In 2022, approx. 11M units of blankets and travelling rugses were imported into Belgium; picking up by 47% compared with the previous year's figure. Over the period under review, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +23.1% 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 +86.4% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, blankets and travelling rugs imports expanded slightly to $56M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +16.7% 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 +59.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 28% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

Import of Blankets and Travelling Rugs in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China19.126.831.029.215.2%
Netherlands8.06.39.810.28.4%
Germany2.62.24.03.49.4%
France1.32.52.63.032.1%
Bulgaria0.1N/AN/A2.4188.4%
India1.41.32.01.88.7%
Turkey0.30.61.31.258.7%
Others2.32.83.84.525.1%
Total35.142.554.555.816.7%

Top Suppliers of Blankets and Travelling Rugs to Belgium in 2022:

  1. China (6.4M units)
  2. Netherlands (1.9M units)
  3. Turkey (0.6M units)
  4. Germany (0.5M units)
  5. France (0.4M units)
  6. Bulgaria (0.4M units)
  7. India (0.3M units)

Exports of Blankets and Travelling Rugs in Belgium

For the fourth consecutive year, Belgium recorded growth in overseas shipments of blankets and travelling rugses, which increased by 5.5% to 10M units in 2022. In general, exports enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 102% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, blankets and travelling rugs exports contracted to $47M in 2022. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 80%. The exports peaked at $49M in 2021, and then declined in the following year.

Export of Blankets and Travelling Rugs in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France7.414.318.817.132.2%
Germany2.57.09.210.159.3%
Netherlands6.810.99.79.311.0%
Poland0.51.61.41.853.3%
United Kingdom0.11.11.81.8162.1%
Spain1.01.01.31.39.1%
Italy1.01.01.01.00.0%
Romania0.10.10.10.791.3%
Others3.13.45.13.65.1%
Total22.440.448.646.627.7%

Top Export Markets for Blankets and Travelling Rugs from Belgium in 2022:

  1. France (4.9M units)
  2. Netherlands (1.9M units)
  3. Germany (1.9M units)
  4. Poland (0.3M units)
  5. Spain (0.3M units)
  6. Romania (0.2M units)
  7. Italy (0.2M units)
  8. United Kingdom (0.2M units)

Source: IndexBox Market Intelligence Platform

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