Price for Blankets and Travelling Rugs in Vietnam - 2022

Contents:

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

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

The average blankets and travelling rugs export price stood at $8.0 per unit in December 2022, dropping by -12.8% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in October 2022 an increase of 42% against the previous month. As a result, the export price attained the peak level of $13.7 per unit. From November 2022 to December 2022, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was China ($10.6 per unit), while the average price for exports to Qatar ($5.9 per unit) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+3.2%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the average blankets and travelling rugs import price amounted to $6.5 per unit, dropping by -7.5% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 53%. As a result, import price attained the peak level of $10 per unit. From 2014 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 Bangladesh ($9.3 per unit), while the price for China amounted to $5 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.7%).

Exports of Blankets and Travelling Rugs in Vietnam

After three years of growth, overseas shipments of blankets and travelling rugses decreased by -7% to 8.5M units in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +25.2% 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 +96.1% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 81% against the previous year. Over the period under review, the exports attained the peak figure at 9.1M units in 2021, and then shrank in the following year.

In value terms, blankets and travelling rugs exports shrank to $58M in 2022. Over the period under review, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 85%. The exports peaked at $65M in 2021, and then declined in the following year.

Export of Blankets and Travelling Rugs in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.724.942.332.0105.3%
Japan12.514.58.613.73.1%
Cambodia0.71.83.12.450.8%
Saudi Arabia4.23.12.42.3-18.2%
United Arab Emirates2.22.11.71.5-12.0%
ChinaN/AN/AN/A1.20%
South Korea0.21.11.51.176.5%
Others4.43.95.03.9-3.9%
Total27.851.464.558.027.8%

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

  1. United States (5.8M units)
  2. Cambodia (1.8M units)
  3. Japan (1.2M units)
  4. Saudi Arabia (0.3M units)
  5. United Arab Emirates (0.2M units)
  6. China (0.2M units)
  7. South Korea (0.2M units)

Imports of Blankets and Travelling Rugs in Vietnam

In 2022, approx. 2.6M units of blankets and travelling rugses were imported into Vietnam; dropping by -4.1% compared with the previous year's figure. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 9%. As a result, imports reached the peak of 2.7M units, and then fell modestly in the following year.

In value terms, blankets and travelling rugs imports shrank to $17M in 2022. The total import value increased at an average annual rate of +5.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 29%. As a result, imports attained the peak of $19M, and then reduced in the following year.

Import of Blankets and Travelling Rugs in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China13.113.917.415.66.0%
Others1.00.61.31.00.0%
Total14.014.518.716.65.8%

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

  1. China (3.1M units)

Source: IndexBox Market Intelligence Platform

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