Price for Blankets and Travelling Rugs in Turkey - 2023

Contents:

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

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

The average blankets and travelling rugs export price stood at $11.8 per unit in September 2023, surging by 46% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The export price peaked at $14.8 per unit in November 2022; however, from December 2022 to September 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Egypt ($7.7 per unit), while the average price for exports to Denmark ($1.5 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 Sweden (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Blankets and Travelling Rugs in Turkey (CIF) - 2023

In September 2023, the average blankets and travelling rugs import price amounted to $8.4 per unit, shrinking by -48.7% against the previous month. Over the period under review, the import price showed a deep setback. The most prominent rate of growth was recorded in October 2022 an increase of 202% m-o-m. As a result, import price reached the peak level of $97.4 per unit. From November 2022 to September 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Pakistan ($7.0 per unit), while the price for India ($3.9 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 Algeria (0.0%), while the prices for the other major suppliers experienced a decline.

Exports of Blankets and Travelling Rugs in Turkey

In 2022, approx. 15M units of blankets and travelling rugses were exported from Turkey; jumping by 29% against 2021. The total export volume increased at an average annual rate of +4.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, blankets and travelling rugs exports soared to $86M in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +14.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.6% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Blankets and Travelling Rugs in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5.65.68.47.610.7%
Egypt4.53.53.43.3-9.8%
Iraq4.54.02.73.2-10.7%
Libya5.71.73.13.0-19.3%
Netherlands1.82.13.02.815.9%
Israel1.81.72.72.410.1%
United Kingdom1.11.42.11.920.0%
Algeria3.31.51.31.7-19.8%
Moldova0.80.71.61.420.5%
Bulgaria1.51.51.51.4-2.3%
Serbia0.90.91.41.313.0%
Greece1.30.91.00.9-11.5%
Denmark0.20.40.70.644.2%
Others24.422.328.754.730.9%
Total57.348.461.786.414.7%

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

  1. Germany (1.5M units)
  2. Libya (1.0M units)
  3. Iraq (1.0M units)
  4. Netherlands (0.8M units)
  5. United Kingdom (0.8M units)
  6. Egypt (0.7M units)
  7. Israel (0.6M units)
  8. Algeria (0.5M units)
  9. Bulgaria (0.5M units)
  10. Denmark (0.3M units)
  11. Greece (0.3M units)
  12. Serbia (0.3M units)
  13. Moldova (0.3M units)

Imports of Blankets and Travelling Rugs in Turkey

In 2022, overseas purchases of blankets and travelling rugses decreased by -19.4% to 652K units, falling for the second year in a row after two years of growth. Over the period under review, imports, however, showed a noticeable expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 111%. As a result, imports attained the peak of 1.2M units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, blankets and travelling rugs imports amounted to $4.4M in 2022. The total import value increased at an average annual rate of +8.6% over the period 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 2020 with an increase of 31%. As a result, imports reached the peak of $4.4M; afterwards, it flattened through to 2022.

Import of Blankets and Travelling Rugs in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Pakistan1,2862,3571,5731,93614.6%
China53151582188018.3%
Egypt59.9603543583113.5%
India2922882993314.3%
United Arab Emirates56160.09.0261-22.5%
Others674619790363-18.6%
Total3,4044,4424,0354,3548.6%

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

  1. Pakistan (680.8K units)
  2. Egypt (88.6K units)
  3. China (74.4K units)
  4. India (40.3K units)
  5. United Arab Emirates (31.9K units)

Source: IndexBox Market Intelligence Platform

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