South Africa - Blankets And Travelling Rugs Of Wool - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

South Africa - Blankets And Travelling Rugs Of Wool - Market Analysis, Forecast, Size, Trends And Insights

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Travelling Wool Rug Price in South Africa - 2023

Contents:

  1. Travelling Wool Rug Price in South Africa (FOB) - 2022
  2. Travelling Wool Rug Price in South Africa (CIF) - 2022
  3. Travelling Wool Rug Exports in South Africa
  4. Travelling Wool Rug Imports in South Africa

Travelling Wool Rug Price in South Africa (FOB) - 2022

The average travelling wool rug export price stood at $6.2 per unit in 2022, increasing by 28% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $7.2 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($34 per unit), while the average price for exports to Zambia ($1.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Botswana (+15.8%), while the prices for the other major destinations experienced more modest paces of growth.

Travelling Wool Rug Price in South Africa (CIF) - 2022

The average travelling wool rug import price stood at $4.3 per unit in 2022, which is down by -38.8% against the previous year. In general, the import price, however, continues to indicate a strong expansion. The growth pace was the most rapid in 2016 when the average import price increased by 407% against the previous year. As a result, import price attained the peak level of $8.6 per unit. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Lesotho ($21 per unit), while the price for India ($1.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lesotho (+36.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Travelling Wool Rug Exports in South Africa

In 2022, approx. 295K units of blankets and travelling rugs of wool were exported from South Africa; which is down by -37% against 2021. In general, exports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2021 when exports increased by 80%. As a result, the exports reached the peak of 469K units, and then contracted significantly in the following year.

In value terms, travelling wool rug exports dropped markedly to $1.8M in 2022. Over the period under review, exports showed a perceptible downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 55% against the previous year. As a result, the exports reached the peak of $2.3M, and then shrank significantly in the following year.

Export of Travelling Wool Rug in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lesotho884499694781-4.0%
Australia23919137235614.2%
Botswana63.715820417038.7%
Swaziland66.711068.276.74.8%
Mozambique8.15.11.520.035.2%
Namibia12.54.929.44.3-29.9%
Others722492893422-16.4%
Total1,9961,4602,2621,829-2.9%

Top Export Markets for Travelling Wool Rug from South Africa in 2022:

  1. Lesotho (325.9K units)
  2. Swaziland (33.0K units)
  3. Botswana (25.5K units)
  4. Australia (10.4K units)
  5. Mozambique (9.9K units)
  6. Namibia (2.5K units)

Travelling Wool Rug Imports in South Africa

Travelling wool rug imports into South Africa surged to 36K units in 2022, with an increase of 114% against 2021. In general, imports recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 526% against the previous year. As a result, imports reached the peak of 76K units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, travelling wool rug imports surged to $155K in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.5% 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 +74.8% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 67%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Travelling Wool Rug in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India7.810322.848.383.6%
China36.810.013.034.2-2.4%
PakistanN/A11.3N/AN/A0%
Others44.224.382.672.718.0%
Total88.814811815520.4%

Top Suppliers of Travelling Wool Rug to South Africa in 2022:

  1. Pakistan (undefinedK units)
  2. India (29.4K units)
  3. China (5.2K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the travelling wool rug market in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 13921130 - Blankets and travelling rugs of wool or fine animal hair (excluding electric blankets)

Country coverage:

  • South Africa

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in South Africa
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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