Price for Blankets and Travelling Rugs in Malaysia - 2021

Contents:

  1. Price for Blankets and Travelling Rugs in Malaysia (CIF) - 2021
  2. Price for Blankets and Travelling Rugs in Malaysia (FOB) - 2022
  3. Imports of Blankets and Travelling Rugs in Malaysia
  4. Exports of Blankets and Travelling Rugs in Malaysia

Price for Blankets and Travelling Rugs in Malaysia (CIF) - 2021

In December 2021, the average blankets and travelling rugs import price amounted to $3.3 per unit, dropping by -18.3% against the previous month. Overall, the import price continues to indicate a abrupt contraction. The pace of growth was the most pronounced in July 2021 when the average import price increased by 50% against the previous month. Over the period under review, average import prices reached the maximum at $7.2 per unit in December 2020; however, from January 2021 to December 2021, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($3.1 per unit), while the price for Pakistan ($1.4 per unit) was amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Thailand (-0.8%), while the prices for the other major suppliers experienced a decline.

Price for Blankets and Travelling Rugs in Malaysia (FOB) - 2022

In 2022, the average blankets and travelling rugs export price amounted to $5 per unit, reducing by -3.3% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. The pace of growth was the most pronounced in 2015 an increase of 19%. The export price peaked at $5.7 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($12 per unit), while the average price for exports to Oman ($1.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brunei Darussalam (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Blankets and Travelling Rugs in Malaysia

In 2022, overseas purchases of blankets and travelling rugses were finally on the rise to reach 2.7M units after two years of decline. Overall, imports, however, faced a precipitous curtailment. Imports peaked at 5.5M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, blankets and travelling rugs imports reached $9.8M in 2022. Over the period under review, imports, however, showed a abrupt decrease. Imports peaked at $18M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Blankets and Travelling Rugs in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China11.86.46.66.3-18.9%
Pakistan1.11.00.50.7-14.0%
India0.40.20.50.40.0%
Thailand1.00.20.30.4-26.3%
South KoreaN/AN/A0.10.10.0%
Others3.82.31.41.9-20.6%
Total18.110.19.49.8-18.5%

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

  1. China (2746.3K units)
  2. Pakistan (236.5K units)
  3. Thailand (203.9K units)
  4. South Korea (73.9K units)
  5. India (67.7K units)

Exports of Blankets and Travelling Rugs in Malaysia

In 2022, the amount of blankets and travelling rugses exported from Malaysia reduced to 219K units, with a decrease of -9.8% compared with the previous year. In general, exports continue to indicate a pronounced descent. The growth pace was the most rapid in 2021 with an increase of 25%. The exports peaked at 248K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, blankets and travelling rugs exports reduced to $1.1M in 2022. Over the period under review, exports showed a mild shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 35% against the previous year. As a result, the exports reached the peak of $1.2M, and then fell in the following year.

Export of Blankets and Travelling Rugs in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore654381420424-13.5%
Australia3.626.8280209287.2%
Brunei Darussalam10877.482.676.9-10.7%
Bangladesh4.568.510175.6156.1%
Indonesia10590.366.875.3-10.5%
Philippines8.69.078.158.489.4%
Thailand67.812.850.038.7-17.0%
Vietnam21.253.040.530.713.1%
Oman23.273.52.527.35.6%
United Arab Emirates27.32.013.413.1-21.7%
Afghanistan44.0N/AN/AN/A0%
Others80.213111056.4-11.1%
Total1,1479261,2461,086-1.8%

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

  1. Singapore (34.8K units)
  2. Australia (34.6K units)
  3. Philippines (31.4K units)
  4. Bangladesh (27.0K units)
  5. Brunei Darussalam (24.8K units)
  6. Thailand (21.3K units)
  7. Indonesia (17.6K units)
  8. Oman (15.1K units)
  9. United Arab Emirates (8.7K units)
  10. Vietnam (6.5K units)

Source: IndexBox Market Intelligence Platform

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