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

U.S. - Blankets And Travelling Rugs Of Wool - Market Analysis, Forecast, Size, Trends And Insights

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Travelling Wool Rug Price in the United States - 2023

Contents:

  1. Travelling Wool Rug Price in the United States (CIF) - 2023
  2. Travelling Wool Rug Price in the United States (FOB) - 2023
  3. Travelling Wool Rug Imports in the United States
  4. Travelling Wool Rug Exports in the United States

Travelling Wool Rug Price in the United States (CIF) - 2023

In August 2023, the average travelling wool rug import price amounted to $36.9 per unit, increasing by 5.6% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 45% month-to-month. The import price peaked at $38.4 per unit in March 2023; however, from April 2023 to August 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Italy ($162 per unit), while the price for India ($10.8 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Italy (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Travelling Wool Rug Price in the United States (FOB) - 2023

The average travelling wool rug export price stood at $16.8 per unit in August 2023, surging by 19% against the previous month. Overall, the export price, however, saw a noticeable reduction. The pace of growth was the most pronounced in April 2023 an increase of 69% against the previous month. Over the period under review, the average export prices attained the maximum at $33.3 per unit in December 2022; however, from January 2023 to August 2023, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In August 2023, the countries with the highest prices were Hong Kong SAR ($22.0 per unit) and the UK ($15.2 per unit), while the average price for exports to Canada ($15.1 per unit) and the Netherlands ($15.1 per unit) were amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.

Travelling Wool Rug Imports in the United States

After three years of growth, overseas purchases of blankets and travelling rugs of wool decreased by -16.1% to 1.9M units in 2022. Overall, imports, however, recorded resilient growth. The growth pace was the most rapid in 2021 when imports increased by 73% against the previous year. As a result, imports attained the peak of 2.3M units, and then dropped significantly in the following year.

In value terms, travelling wool rug imports rose rapidly to $54M in 2022. In general, imports, however, showed a strong increase. The pace of growth appeared the most rapid in 2021 when imports increased by 94%. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Travelling Wool Rug in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China11.84.411.012.62.2%
India4.43.15.99.227.9%
Italy4.74.27.77.918.9%
Peru4.24.07.97.521.3%
United Kingdom3.03.05.76.831.4%
MexicoN/A0.10.11.5287.3%
Ecuador0.30.20.50.626.0%
Others6.26.310.38.19.3%
Total34.725.349.054.216.0%

Top Suppliers of Travelling Wool Rug to the United States in 2022:

  1. India (781.1K units)
  2. China (414.1K units)
  3. Italy (171.9K units)
  4. United Kingdom (149.8K units)
  5. Peru (134.3K units)
  6. Mexico (47.6K units)
  7. Ecuador (46.5K units)

Travelling Wool Rug Exports in the United States

In 2022, after three years of growth, there was decline in shipments abroad of blankets and travelling rugs of wool, when their volume decreased by -2.5% to 239K units. Over the period under review, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 134%. The exports peaked at 245K units in 2021, and then declined modestly in the following year.

In value terms, travelling wool rug exports expanded remarkably to $4.6M in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +11.4% 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 +61.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 44%. The exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Travelling Wool Rug in the United States (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada1,4811,2432,0352,47518.7%
Japan424369404385-3.2%
United Kingdom3543755143741.8%
China31.358.592.421088.6%
Australia83.114419412614.9%
Mexico85.040.061.61015.9%
Italy68.376.383.294.111.3%
France8.234.916.582.6116.0%
Netherlands22.32.918479.552.8%
Saint Lucia68.6N/AN/A69.10.2%
United Arab Emirates15.510958.246.344.0%
Jamaica2738.15.645.0-45.2%
Others4424094785557.9%
Total3,3562,8694,1274,64111.4%

Top Export Markets for Travelling Wool Rug from the United States in 2022:

  1. Canada (115.0K units)
  2. United Kingdom (21.4K units)
  3. Japan (14.6K units)
  4. China (13.7K units)
  5. Mexico (12.6K units)
  6. Australia (7.9K units)
  7. Italy (5.9K units)
  8. France (5.0K units)
  9. Netherlands (4.6K units)
  10. United Arab Emirates (3.9K units)
  11. Saint Lucia (3.6K units)
  12. Jamaica (2.8K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the travelling wool rug market in the U.S.. 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:

  • United States

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the U.S.
  • 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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