Europe: Blanket Market 2024

Blanket Market Size in Europe

In 2022, the Europe blanket market increased by X% to $X, rising for the second consecutive year after three years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The level of consumption peaked in 2022 and is expected to retain growth in the near future.

Blanket Production in Europe

In value terms, blanket production rose significantly to $X in 2022 estimated in export price. Overall, production showed a pronounced reduction. The pace of growth appeared the most rapid in 2017 with an increase of X%. The level of production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Blanket Exports

Exports in Europe

In 2022, approx. X units of blankets and traveling rugs (except electric blankets) were exported in Europe; dropping by X% against the previous year. Over the period under review, exports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of X units, and then shrank in the following year.

In value terms, blanket exports expanded notably to $X in 2022. Total exports indicated a resilient expansion 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, exports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

In 2022, the Netherlands (X units) represented the major exporter of blankets and traveling rugs (except electric blankets), making up X% of total exports. Germany (X units) held the second position in the ranking, followed by Belgium (X units), Poland (X units), Greece (X units), Spain (X units) and Hungary (X units). All these countries together held near X% share of total exports. Portugal (X units), the UK (X units), France (X units), Italy (X units), Austria (X units) and Sweden (X units) took a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to blanket exports from the Netherlands stood at X%. At the same time, Greece (X%), Hungary (X%), Portugal (X%), Poland (X%), Austria (X%), Belgium (X%), France (X%), Germany (X%), Italy (X%) and Sweden (X%) displayed positive paces of growth. Moreover, Greece emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2022. The UK experienced a relatively flat trend pattern. By contrast, Spain (X%) illustrated a downward trend over the same period. While the share of the Netherlands (X p.p.), Greece (X p.p.), Hungary (X p.p.) and Poland (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Belgium (X p.p.), the UK (X p.p.), Germany (X p.p.) and Spain (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest blanket supplying countries in Europe were France ($X), Germany ($X) and the UK ($X), with a combined X% share of total exports. The Netherlands, Italy, Poland, Spain, Belgium, Portugal, Greece, Austria, Sweden and Hungary lagged somewhat behind, together comprising a further X%.

Greece, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Europe amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The level of export peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat 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 France ($X per unit), while Greece ($X per unit) was amongst the lowest.

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

Blanket Imports

Imports in Europe

For the third consecutive year, Europe recorded growth in supplies from abroad of blankets and traveling rugs (except electric blankets), which increased by X% to X units in 2022. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, blanket imports totaled $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, the Netherlands (X units), distantly followed by Germany (X units), the UK (X units), France (X units), Poland (X units) and Spain (X units) represented the main importers of blankets and traveling rugs (except electric blankets), together committing X% of total imports. The following importers - Italy (X units), Russia (X units), Greece (X units), Belgium (X units), Hungary (X units), Romania (X units) and Sweden (X units) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest blanket importing markets in Europe were Germany ($X), France ($X) and the UK ($X), with a combined X% share of total imports. The Netherlands, Poland, Italy, Spain, Belgium, Sweden, Greece, Russia, Hungary and Romania lagged somewhat behind, together comprising a further X%.

Hungary, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Europe amounted to $X per unit, reducing by X% against the previous year. Over the period under review, the import price saw a mild curtailment. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. As a result, import price reached the peak level of $X per unit, and then contracted in the following year.

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 Sweden ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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