Price for Blankets and Travelling Rugs in Japan - 2023

Contents:

  1. Price for Blankets and Travelling Rugs in Japan (CIF) - 2022
  2. Price for Blankets and Travelling Rugs in Japan (FOB) - 2023
  3. Imports of Blankets and Travelling Rugs in Japan
  4. Exports of Blankets and Travelling Rugs in Japan

Price for Blankets and Travelling Rugs in Japan (CIF) - 2022

The average blankets and travelling rugs import price stood at $11 per unit in 2022, falling by -3.2% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 2.3%. The import price peaked at $12 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($15 per unit), while the price for Vietnam ($5.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.3%), while the prices for the other major suppliers experienced a decline.

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

The average blankets and travelling rugs export price stood at $48.5 per unit in September 2023, rising by 28% against the previous month. Overall, the export price, however, recorded a noticeable downturn. The most prominent rate of growth was recorded in January 2023 an increase of 51% against the previous month. As a result, the export price reached the peak level of $84.7 per unit. From February 2023 to September 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 China ($97.9 per unit), while the average price for exports to Australia ($20.1 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 China (+11.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Blankets and Travelling Rugs in Japan

Blankets and travelling rugs imports into Japan reached 22M units in 2022, picking up by 5.3% compared with the previous year. The total import volume increased at an average annual rate of +3.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 8.4% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, blankets and travelling rugs imports reached $242M in 2022. The total import value increased at an average annual rate of +3.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 11%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Blankets and Travelling Rugs in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1751731961902.8%
Vietnam14.018.710.918.910.5%
Indonesia12.89.015.617.110.1%
Others15.413.914.815.60.4%
Total2172142372423.7%

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

  1. China (16.8M units)
  2. Vietnam (3.5M units)
  3. Indonesia (1.1M units)

Exports of Blankets and Travelling Rugs in Japan

In 2022, blankets and travelling rugs exports from Japan contracted to 52K units, with a decrease of -8.5% compared with 2021. Overall, exports recorded a sharp slump. The growth pace was the most rapid in 2021 with an increase of 13%. Over the period under review, the exports reached the peak figure at 107K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, blankets and travelling rugs exports shrank rapidly to $4.2M in 2022. In general, exports saw a abrupt downturn. The smallest decline of -10.2% was in 2021. The exports peaked at $7.7M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Blankets and Travelling Rugs in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)2,6452,7922,3482,033-8.4%
Hong Kong SAR2,4416461,114641-36.0%
China29433819355923.9%
Malaysia1,3891,135778361-36.2%
South Korea27.218.039.421198.0%
Singapore582605306160-35.0%
United States19247.6160103-18.7%
United Arab Emirates15.122.940.8N/A64.4%
Others81.063.411388.02.8%
Total7,6675,6685,0934,155-18.5%

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

  1. Taiwan (Chinese) (15.3K units)
  2. China (14.8K units)
  3. Hong Kong SAR (7.0K units)
  4. South Korea (4.5K units)
  5. Singapore (3.8K units)
  6. Malaysia (3.7K units)
  7. United States (1.6K units)

Source: IndexBox Market Intelligence Platform

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