Price for Blankets and Travelling Rugs in Egypt - 2023

Contents:

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

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

In July 2023, the average blankets and travelling rugs export price amounted to $9.8 per unit, declining by -20.4% against the previous month. In general, export price indicated a modest increase from July 2022 to July 2023: its price increased at an average monthly rate of +1.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, blankets and travelling rugs export price decreased by -20.4% against June 2023 indices. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 58% m-o-m. Over the period under review, the average export prices reached the maximum at $12.3 per unit in June 2023, and then fell significantly in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Algeria ($16.7 per unit), while the average price for exports to Spain ($7.5 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In July 2023, the average blankets and travelling rugs import price amounted to $6.1 per unit, with a decrease of -34.1% against the previous month. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 an increase of 73% against the previous month. As a result, import price attained the peak level of $11.5 per unit. From March 2023 to July 2023, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was Turkey ($6.3 per unit), while the price for Germany ($5.7 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+0.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Blankets and Travelling Rugs in Egypt

In 2022, approx. 1.9M units of blankets and travelling rugses were exported from Egypt; with an increase of 12% compared with the previous year. Over the period under review, exports enjoyed perceptible growth. The pace of growth was the most pronounced in 2021 with an increase of 151% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, blankets and travelling rugs exports surged to $14M in 2022. In general, exports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 158%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Export of Blankets and Travelling Rugs in Egypt (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Libya1.90.93.76.853.0%
Algeria4.32.03.73.0-11.3%
Germany0.2N/AN/A1.386.6%
Morocco0.40.30.71.140.1%
Saudi Arabia3.10.20.40.7-39.1%
TurkeyN/A0.30.40.30.0%
Spain0.20.20.70.20.0%
Palestine0.10.1N/AN/A0.0%
Others0.80.31.60.80.0%
Total10.94.411.314.19.0%

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

  1. Libya (938.3K units)
  2. Algeria (363.3K units)
  3. Germany (184.7K units)
  4. Morocco (134.4K units)
  5. Saudi Arabia (89.5K units)
  6. Turkey (39.6K units)
  7. Spain (23.9K units)
  8. Palestine (4.0K units)

Imports of Blankets and Travelling Rugs in Egypt

In 2022, approx. 670K units of blankets and travelling rugses were imported into Egypt; dropping by -30.7% against the previous year's figure. Over the period under review, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 9.2%. As a result, imports attained the peak of 967K units, and then contracted sharply in the following year.

In value terms, blankets and travelling rugs imports fell rapidly to $4.4M in 2022. Overall, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 18%. Imports peaked at $7.2M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Blankets and Travelling Rugs in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey3,3583,0482,1381,619-21.6%
Spain1,7431,7032,4331,434-6.3%
China479363774473-0.4%
Germany3.0N/A0.3328378.2%
United States92.00.316329347.1%
France7.0N/A13.692.1136.1%
Jordan31.274.310085.539.9%
Saudi Arabia1,200485N/A0.1-95.6%
Others2601611,24992.9-29.0%
Total7,1735,8356,8724,418-14.9%

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

  1. Saudi Arabia (undefinedK units)
  2. Turkey (248.4K units)
  3. Spain (219.9K units)
  4. China (68.8K units)
  5. Germany (50.4K units)
  6. United States (41.9K units)
  7. France (14.2K units)
  8. Jordan (13.0K units)

Source: IndexBox Market Intelligence Platform

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