Price for Blankets and Travelling Rugs in Nigeria - 2022
Contents:
- Price for Blankets and Travelling Rugs in Nigeria (CIF) - 2022
- Price for Blankets and Travelling Rugs in Nigeria (FOB) - 2022
- Imports of Blankets and Travelling Rugs in Nigeria
- Exports of Blankets and Travelling Rugs in Nigeria
Price for Blankets and Travelling Rugs in Nigeria (CIF) - 2022
The average blankets and travelling rugs import price stood at $1 per unit in 2022, declining by -21.6% against the previous year. In general, the import price recorded a pronounced downturn. The most prominent rate of growth was recorded in 2014 an increase of 878% against the previous year. As a result, import price attained the peak level of $7.2 per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($3.6 per unit), while the price for China ($1.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+14.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Blankets and Travelling Rugs in Nigeria (FOB) - 2022
The average blankets and travelling rugs export price stood at $6.3 per unit in 2022, dropping by -3.5% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by 93%. As a result, the export price reached the peak level of $13 per unit. From 2015 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Niger ($6.6 per unit), while the average price for exports to the UK amounted to $2.9 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Niger (+12.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Blankets and Travelling Rugs in Nigeria
Blankets and travelling rugs imports into Nigeria skyrocketed to 959K units in 2022, rising by 113% compared with the previous year's figure. Overall, imports enjoyed a tangible increase. Over the period under review, imports attained the peak figure at 1.5M units in 2020; however, from 2021 to 2022, imports remained at a lower figure.
In value terms, blankets and travelling rugs imports surged to $986K in 2022. Over the period under review, imports posted perceptible growth. The pace of growth appeared the most rapid in 2020 with an increase of 200%. As a result, imports attained the peak of $2.6M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Blankets and Travelling Rugs in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 330 | 1,667 | 347 | 404 | 7.0% |
| China | 268 | 429 | 36.1 | 164 | -15.1% |
| India | 6.0 | 7.6 | 76.8 | 156 | 196.2% |
| Saudi Arabia | 21.0 | 157 | 46.8 | 95.2 | 65.5% |
| United Arab Emirates | 35.8 | 39.3 | 17.0 | 34.6 | -1.1% |
| Egypt | 43.8 | 42.7 | 12.4 | 24.4 | -17.7% |
| South Korea | 6.0 | 9.9 | 6.7 | 13.5 | 31.0% |
| Others | 148 | 225 | 47.2 | 94.9 | -13.8% |
| Total | 859 | 2,578 | 590 | 986 | 4.7% |
Top Suppliers of Blankets and Travelling Rugs to Nigeria in 2022:
- China (153.3K units)
- Cote d'Ivoire (127.9K units)
- India (50.0K units)
- Saudi Arabia (29.6K units)
- United Arab Emirates (9.6K units)
- South Korea (9.0K units)
- Egypt (7.4K units)
Exports of Blankets and Travelling Rugs in Nigeria
In 2022, approx. 8.8K units of blankets and travelling rugses were exported from Nigeria; dropping by -22.3% on the previous year. Overall, exports saw a mild descent. The pace of growth was the most pronounced in 2021 with an increase of 81% against the previous year. As a result, the exports reached the peak of 11K units, and then fell sharply in the following year.
In value terms, blankets and travelling rugs exports declined significantly to $55K in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 100% against the previous year. As a result, the exports reached the peak of $74K, and then dropped significantly in the following year.
| Export of Blankets and Travelling Rugs in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Niger | 43.2 | 27.4 | 63.8 | 47.1 | 2.9% |
| United Kingdom | 4.3 | 3.7 | 3.6 | 2.3 | -18.8% |
| Mozambique | 0.1 | N/A | N/A | N/A | 0% |
| Others | 7.6 | 5.8 | 6.4 | 5.9 | -8.1% |
| Total | 55.2 | 36.8 | 73.8 | 55.3 | 0.1% |
Top Export Markets for Blankets and Travelling Rugs from Nigeria in 2022:
- Niger (7.2K units)
- United Kingdom (0.8K units)
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In 2016, the amount of blanket imported worldwide totaled X tons, coming up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the p...
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In 2016, the amount of blanket imported worldwide totaled X tons, coming up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the p...
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In 2016, the amount of blanket imported worldwide totaled X tons, coming up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the p...
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China dominates in the global blanket and traveling rug trade. In 2014, China exported X million USD, X% over than the year before. Its primary trading partner was the U.S., where it supplied X% of its total blanket and traveling rug exports in v
