Ireland: Electric Blanket Market 2024

Electric Blanket Market Size in Ireland

The Irish electric blanket market expanded modestly to $X in 2021, surging by 2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Electric Blanket Exports

Exports from Ireland

In 2021, approx. X units of electric blankets were exported from Ireland; dropping by -34.2% compared with 2020. Overall, exports recorded a dramatic decline. The pace of growth appeared the most rapid in 2014 with an increase of 67%. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, electric blanket exports shrank markedly to $X in 2021. Over the period under review, exports showed a abrupt decline. The pace of growth was the most pronounced in 2017 with an increase of 55%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The UK (X units) was the main destination for electric blanket exports from Ireland, with a 95% share of total exports. It was followed by Germany (X units), with a 2.1% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the UK amounted to -21.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-31.0% per year) and Canada (+29.6% per year).

In value terms, the UK ($X) remains the key foreign market for electric blankets exports from Ireland, comprising 96% of total exports. The second position in the ranking was held by Canada ($X), with a 1.9% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the UK totaled -14.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-11.1% per year) and Germany (-25.5% per year).

Export Prices by Country

In 2021, the average electric blanket export price amounted to $X per unit, waning by -39% against the previous year. Over the period under review, the export price, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2020 an increase of 89% against the previous year. As a result, the export price reached the peak level of $X per unit, and then fell sharply in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+8.4%), while the prices for the other major destinations experienced mixed trend patterns.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Electric Blanket Imports

Imports into Ireland

For the third consecutive year, Ireland recorded decline in purchases abroad of electric blankets, which decreased by -2.6% to X units in 2021. In general, imports continue to indicate a mild slump. The pace of growth appeared the most rapid in 2018 when imports increased by 73%. Over the period under review, imports reached the maximum at X units in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, electric blanket imports expanded to $X in 2021. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 37% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of electric blanket to Ireland, with a 89% share of total imports. Moreover, electric blanket imports from China exceeded the figures recorded by the second-largest supplier, the UK (X units), more than tenfold. The third position in this ranking was held by Italy (X units), with a 3.5% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +12.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-21.2% per year) and Italy (-19.5% per year).

In value terms, China ($X) constituted the largest supplier of electric blankets to Ireland, comprising 77% of total imports. The second position in the ranking was held by the UK ($X), with an 11% share of total imports. It was followed by Italy, with a 5.1% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +12.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-14.6% per year) and Italy (-14.8% per year).

Import Prices by Country

The average electric blanket import price stood at $X per unit in 2021, surging by 6.3% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.5%. The pace of growth appeared the most rapid in 2019 an increase of 30%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :