Price for Blankets and Travelling Rugs in the United States - 2023
Contents:
- Price for Blankets and Travelling Rugs in the United States (CIF) - 2023
- Price for Blankets and Travelling Rugs in the United States (FOB) - 2023
- Imports of Blankets and Travelling Rugs in the United States
- Exports of Blankets and Travelling Rugs in the United States
Price for Blankets and Travelling Rugs in the United States (CIF) - 2023
In September 2023, the average blankets and travelling rugs import price amounted to $4.7 per unit, which is down by -9.3% against the previous month. Over the period under review, the import price continues to indicate a slight decline. The most prominent rate of growth was recorded in August 2023 an increase of 24% m-o-m. The import price peaked at $5.4 per unit in October 2022; however, from November 2022 to September 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Vietnam ($6.2 per unit), while the price for Pakistan ($1.7 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+0.1%), while the prices for the other major suppliers experienced a decline.
Price for Blankets and Travelling Rugs in the United States (FOB) - 2023
The average blankets and travelling rugs export price stood at $9.0 per unit in September 2023, picking up by 9.9% against the previous month. In general, export price indicated a mild increase from September 2022 to September 2023: its price increased at an average monthly rate of +1.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, blankets and travelling rugs export price decreased by -16.1% against July 2023 indices. The most prominent rate of growth was recorded in October 2022 an increase of 62% m-o-m. Over the period under review, the average export prices reached the peak figure at $14.9 per unit in December 2022; however, from January 2023 to September 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($11.5 per unit), while the average price for exports to Germany ($3.4 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 the UK (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Blankets and Travelling Rugs in the United States
In 2022, the amount of blankets and travelling rugses imported into the United States stood at 378M units, approximately reflecting the previous year's figure. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +19.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 35%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, blankets and travelling rugs imports shrank to $1.8B in 2022. The total import value increased at an average annual rate of +4.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 41% against the previous year. As a result, imports reached the peak of $1.8B, and then shrank modestly in the following year.
| Import of Blankets and Travelling Rugs in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,374 | 1,094 | 1,503 | 1,482 | 2.6% |
| India | 116 | 87.7 | 133 | 136 | 5.4% |
| Vietnam | 2.1 | 18.4 | 48.0 | 48.5 | 184.8% |
| Pakistan | 28.9 | 26.7 | 29.9 | 37.3 | 8.9% |
| Others | 75.5 | 61.1 | 102 | 93.0 | 7.2% |
| Total | 1,596 | 1,288 | 1,816 | 1,797 | 4.0% |
Top Suppliers of Blankets and Travelling Rugs to the United States in 2022:
- China (301.7M units)
- India (36.2M units)
- Pakistan (22.0M units)
- Vietnam (8.1M units)
Exports of Blankets and Travelling Rugs in the United States
In 2022, exports of blankets and travelling rugses from the United States shrank to 4.3M units, stabilizing at 2021 figures. The total export volume increased at an average annual rate of +2.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 7.4%. As a result, the exports attained the peak of 4.4M units, leveling off in the following year.
In value terms, blankets and travelling rugs exports expanded slightly to $45M in 2022. The total export value increased at an average annual rate of +2.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 10%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Blankets and Travelling Rugs in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 25.8 | 24.1 | 27.6 | 26.0 | 0.3% |
| Mexico | 2.7 | 3.8 | 2.9 | 4.4 | 17.7% |
| United Kingdom | 1.5 | 0.8 | 2.0 | 1.2 | -7.2% |
| Japan | 1.9 | 1.8 | 1.5 | 1.2 | -14.2% |
| Netherlands | 0.3 | 0.2 | 0.6 | 0.5 | 18.6% |
| Panama | 0.2 | 0.1 | 0.2 | 0.5 | 35.7% |
| Hong Kong SAR | 0.3 | 0.2 | 0.1 | 0.5 | 18.6% |
| Germany | 0.2 | 0.2 | 0.3 | 0.4 | 26.0% |
| Others | 8.9 | 7.9 | 7.6 | 10.3 | 5.0% |
| Total | 41.8 | 39.0 | 42.9 | 45.0 | 2.5% |
Top Export Markets for Blankets and Travelling Rugs from the United States in 2022:
- Canada (1929.3K units)
- Mexico (1050.6K units)
- United Kingdom (179.6K units)
- Japan (101.6K units)
- Panama (75.0K units)
- Hong Kong SAR (69.3K units)
- Germany (67.8K units)
- Netherlands (67.3K units)
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