Price for Blankets and Travelling Rugs in Mexico - 2023

Contents:

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

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

The average blankets and travelling rugs import price stood at $11 per unit in 2022, picking up by 2.1% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 75%. Over the period under review, average import prices attained the peak figure at $25 per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($22 per unit), while the price for Vietnam ($9.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average blankets and travelling rugs export price amounted to $153 per unit, therefore, remained relatively stable against the previous year. In general, the export price recorded a resilient increase. The pace of growth appeared the most rapid in 2015 an increase of 195% against the previous year. The export price peaked at $338 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($155 per unit), while the average price for exports to El Salvador amounted to $131 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+11.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Blankets and Travelling Rugs in Mexico

In 2022, overseas purchases of blankets and travelling rugses decreased by -0.8% to 2.7M units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 54%. As a result, imports reached the peak of 2.7M units, leveling off in the following year.

In value terms, blankets and travelling rugs imports totaled $31M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +11.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 57%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

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

1. China (2328.4K units)
2. India (173.2K units)
3. Vietnam (102.2K units)

Exports of Blankets and Travelling Rugs in Mexico

Blankets and travelling rugs exports from Mexico dropped to 143K units in 2022, approximately reflecting the previous year. Overall, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 97%. Over the period under review, the exports reached the peak figure at 145K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, blankets and travelling rugs exports stood at $22M in 2022. The total export value increased at an average annual rate of +1.1% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 12% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

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

1. United States (128.8K units)
2. El Salvador (9.4K units)
3. Costa Rica (1.5K units)
4. Canada (1.4K units)

Source: IndexBox Market Intelligence Platform