Price for Blankets and Travelling Rugs in Finland - 2023

Contents:

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

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

In August 2023, the average blankets and travelling rugs import price amounted to $10.7 per unit, with an increase of 4.4% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 38% m-o-m. The import price peaked at $15.9 per unit in January 2023; however, from February 2023 to August 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Lithuania ($26.9 per unit), while the price for China ($5.9 per unit) was amongst the lowest.

From August 2022 to August 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.

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

The average blankets and travelling rugs export price stood at $35.9 per unit in August 2023, declining by -41.9% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 an increase of 74% m-o-m. The export price peaked at $61.7 per unit in July 2023, and then contracted notably in the following month.

There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was the United States ($127 per unit), while the average price for exports to Japan ($8.4 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 the United States (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Blankets and Travelling Rugs in Finland

In 2022, the amount of blankets and travelling rugses imported into Finland skyrocketed to 1.8M units, increasing by 79% against the year before. In general, imports continue to indicate a significant increase. 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 rose sharply to $11M in 2022. The total import value increased at an average annual rate of +6.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 29%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Blankets and Travelling Rugs in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.92.12.63.7-8.9%
Sweden0.43.23.12.789.0%
Lithuania1.00.71.32.128.1%
India1.10.40.50.8-10.1%
PolandN/A0.40.50.841.4%
Italy0.80.30.60.7-4.4%
NetherlandsN/A0.10.20.4100.0%
Others1.21.01.60.3-37.0%
Total9.48.110.411.57.0%

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

  1. China (542.7K units)
  2. Sweden (379.7K units)
  3. Lithuania (125.2K units)
  4. India (80.6K units)
  5. Poland (75.2K units)
  6. Netherlands (41.4K units)
  7. Italy (22.4K units)

Exports of Blankets and Travelling Rugs in Finland

Blankets and travelling rugs exports from Finland skyrocketed to 112K units in 2022, picking up by 78% compared with 2021 figures. Over the period under review, exports saw a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 181% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, blankets and travelling rugs exports contracted to $2.5M in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +10.2% 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 +45.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 51% against the previous year. As a result, the exports reached the peak of $2.5M, and then dropped modestly in the following year.

Export of Blankets and Travelling Rugs in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan40730154454110.0%
Estonia2992603222990.0%
United States13114921521117.2%
Germany15321226720710.6%
Sweden196152236138-11.0%
Iceland78.213.12.813219.1%
Switzerland32.045.161.812758.3%
Latvia64.368.286.192.412.8%
Australia45.054.194.592.127.0%
Russia59.428.411564.52.8%
Lithuania26.019.133.051.825.8%
Poland21.48.315.140.824.0%
Others32137254945512.3%
Total1,8331,6822,5422,45210.2%

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

  1. Estonia (21.5K units)
  2. Japan (10.7K units)
  3. Latvia (6.3K units)
  4. Sweden (5.1K units)
  5. United States (4.7K units)
  6. Iceland (4.4K units)
  7. Russia (3.9K units)
  8. Germany (3.2K units)
  9. Lithuania (3.1K units)
  10. Poland (2.3K units)
  11. Switzerland (1.9K units)
  12. Australia (1.6K units)

Source: IndexBox Market Intelligence Platform

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