Central Asia: Blanket Market 2024

Blanket Market Size in Central Asia

The Central Asian blanket market contracted slightly to $X in 2022, which is down by X% against the previous year. The total consumption indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Blanket Production in Central Asia

In value terms, blanket production contracted modestly to $X in 2022 estimated in export price. In general, production, however, showed a strong expansion. The growth pace was the most rapid in 2015 with an increase of X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

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Blanket Exports

Exports in Central Asia

In 2022, overseas shipments of blankets and traveling rugs (except electric blankets) decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports recorded a noticeable decrease. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2021, and then shrank sharply in the following year.

In value terms, blanket exports amounted to $X in 2022. Overall, exports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Uzbekistan was the main exporter of blankets and traveling rugs (except electric blankets) in Central Asia, with the volume of exports amounting to X units, which was near X% of total exports in 2022. It was distantly followed by Kyrgyzstan (X units) and Turkmenistan (X units), together creating a X% share of total exports. The following exporters - Kazakhstan (X units) and Mongolia (X units) - together made up X% of total exports.

Uzbekistan was also the fastest-growing in terms of the blankets and traveling rugs (except electric blankets) exports, with a CAGR of X% from 2012 to 2022. At the same time, Turkmenistan (X%) displayed positive paces of growth. Kazakhstan experienced a relatively flat trend pattern. By contrast, Mongolia (X%) and Kyrgyzstan (X%) illustrated a downward trend over the same period. While the share of Uzbekistan (X p.p.) and Turkmenistan (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Mongolia (X p.p.) and Kyrgyzstan (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Uzbekistan ($X) remains the largest blanket supplier in Central Asia, comprising X% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with a X% share of total exports. It was followed by Turkmenistan, with a X% share.

In Uzbekistan, blanket exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Kyrgyzstan (X% per year) and Turkmenistan (X% per year).

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per unit, increasing by X% against the previous year. Overall, the export price continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2016 when the export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Mongolia ($X per unit), while Kyrgyzstan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mongolia (X%), while the other leaders experienced more modest paces of growth.

Blanket Imports

Imports in Central Asia

Blanket imports surged to X units in 2022, increasing by X% against the year before. Overall, imports, however, recorded a abrupt decline. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, blanket imports skyrocketed to $X in 2022. Over the period under review, imports, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2019 with an increase of X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Kazakhstan dominates imports structure, finishing at X units, which was near X% of total imports in 2022. Uzbekistan (X units) ranks second in terms of the total imports with a X% share, followed by Mongolia (X%) and Kyrgyzstan (X%). Tajikistan (X units) and Turkmenistan (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to blanket imports into Kazakhstan stood at X%. At the same time, Uzbekistan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of X% from 2012-2022. By contrast, Turkmenistan (X%), Mongolia (X%), Tajikistan (X%) and Kyrgyzstan (X%) illustrated a downward trend over the same period. Kazakhstan (X p.p.) and Uzbekistan (X p.p.) significantly strengthened its position in terms of the total imports, while Tajikistan and Kyrgyzstan saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported blankets and traveling rugs (except electric blankets) in Central Asia, comprising X% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a X% share of total imports. It was followed by Mongolia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Kazakhstan stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (X% per year) and Mongolia (X% per year).

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per unit, increasing by X% against the previous year. Overall, the import price, however, saw a noticeable descent. The growth pace was the most rapid in 2014 an increase of X% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Uzbekistan ($X per unit), while Tajikistan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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