Report Latin America and the Caribbean - Electric Blankets - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Aug 1, 2022

Latin America and the Caribbean - Electric Blankets - Market Analysis, Forecast, Size, Trends and Insights
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Latin America and the Caribbean: Electric Blanket Market 2022

Electric Blanket Market Size in Latin America and the Caribbean

The Latin American electric blanket market expanded remarkably to $X in 2021, surging by X% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Electric Blanket Production in Latin America and the Caribbean

In value terms, electric blanket production contracted significantly to $X in 2021 estimated in export price. Over the period under review, production posted significant growth. The pace of growth appeared the most rapid in 2020 when the production volume increased by X%. The level of production peaked at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Production By Country in Latin America and the Caribbean

Mexico (X units) constituted the country with the largest volume of electric blanket production, comprising approx. X% of total volume. It was followed by the Dominican Republic (X units), with a X% share of total production.

In Mexico, electric blanket production remained relatively stable over the period from 2012-2021.

Electric Blanket Exports

Exports in Latin America and the Caribbean

In 2021, electric blanket exports in Latin America and the Caribbean declined to X units, shrinking by -X% against the year before. Over the period under review, exports, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2017 when exports increased by X%. The volume of export peaked at X units in 2020, and then dropped in the following year.

In value terms, electric blanket exports reduced notably to $X in 2021. In general, exports, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then shrank markedly in the following year.

Exports by Country

Mexico prevails in exports structure, finishing at X units, which was near X% of total exports in 2021. It was distantly followed by Brazil (X units), achieving a X% share of total exports. The Dominican Republic (X units) followed a long way behind the leaders.

Mexico was also the fastest-growing in terms of the electric blankets exports, with a CAGR of +X% from 2012 to 2021. At the same time, Brazil (+X%) displayed positive paces of growth. By contrast, the Dominican Republic (-X%) illustrated a downward trend over the same period. Mexico (+X p.p.) significantly strengthened its position in terms of the total exports, while the Dominican Republic saw its share reduced by -X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) remains the largest electric blanket supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was held by the Dominican Republic ($X), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Mexico stood at +X%. In the other countries, the average annual rates were as follows: the Dominican Republic (-X% per year) and Brazil (-X% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per unit in 2021, waning by -X% against the previous year. In general, the export price showed a deep reduction. The pace of growth appeared the most rapid in 2020 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was the Dominican Republic ($X per unit), while Brazil ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (-X%), while the other leaders experienced a decline in the export price figures.

Electric Blanket Imports

Imports in Latin America and the Caribbean

In 2021, approx. X units of electric blankets were imported in Latin America and the Caribbean; with an increase of X% on the previous year's figure. In general, imports, however, continue to indicate a perceptible reduction. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, imports reached the maximum at X units in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, electric blanket imports totaled $X in 2021. Overall, imports recorded a modest expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of import peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

Chile prevails in imports structure, resulting at X units, which was near X% of total imports in 2021. It was distantly followed by Uruguay (X units), generating an X% share of total imports. Argentina (X units) and Colombia (X units) followed a long way behind the leaders.

Chile experienced a relatively flat trend pattern with regard to volume of imports of electric blankets. At the same time, Colombia (+X%) and Argentina (+X%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +X% from 2012-2021. By contrast, Uruguay (-X%) illustrated a downward trend over the same period. Chile (+X p.p.), Argentina (+X p.p.) and Colombia (+X p.p.) significantly strengthened its position in terms of the total imports, while Uruguay saw its share reduced by -X% from 2012 to 2021, respectively.

In value terms, Chile ($X) constitutes the largest market for imported electric blankets in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was held by Uruguay ($X), with a X% share of total imports. It was followed by Argentina, with a X% share.

In Chile, electric blanket imports increased at an average annual rate of +X% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Uruguay (-X% per year) and Argentina (+X% per year).

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per unit in 2021, remaining relatively unchanged against the previous year. Import price indicated a noticeable increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, electric blanket import price decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2018 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2019 to 2021, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Chile ($X per unit), while Argentina ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uruguay (+X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for electric blankets in LatAmerica and the Caribbean?
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The country with the largest volume of electric blanket consumption was Chile, accounting for 82% of total volume. Moreover, electric blanket consumption in Chile exceeded the figures recorded by the second-largest consumer, Uruguay, tenfold. The third position in this ranking was held by Argentina, with a 3.5% share.
What are the largest producers of electric blankets in LatAmerica and the Caribbean?
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Mexico constituted the country with the largest volume of electric blanket production, accounting for 98% of total volume. It was followed by the Dominican Republic, with a 2% share of total production.
What are the leading suppliers of electric blankets in LatAmerica and the Caribbean?
+
In value terms, Mexico remains the largest electric blanket supplier in Latin America and the Caribbean, comprising 85% of total exports. The second position in the ranking was held by the Dominican Republic, with a 1.7% share of total exports.
What are the leading importers of electric blankets in LatAmerica and the Caribbean?
+
In value terms, Chile constitutes the largest market for imported electric blankets in Latin America and the Caribbean, comprising 84% of total imports. The second position in the ranking was taken by Uruguay, with a 7.8% share of total imports. It was followed by Argentina, with a 2.2% share.
What is the average export price for electric blankets in LatAmerica and the Caribbean?
+
The export price in Latin America and the Caribbean stood at $9.7 per unit in 2021, declining by -15.3% against the previous year.
What is the average import price for electric blankets in LatAmerica and the Caribbean?
+
The import price in Latin America and the Caribbean stood at $17 per unit in 2021, remaining relatively unchanged against the previous year.

This report provides an in-depth analysis of the electric blanket market in Latin America and the Caribbean. 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 27511400 - Electric blankets
Country coverage:
• Anguilla
• Antigua and Barbuda
• Aruba
• Bahamas
• Barbados
• Belize
• Bolivia
• British Virgin Islands
• Cayman Islands
• Costa Rica
• Curacao
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Saint Kitts and Nevis
• Saint Lucia
• Saint Maarten (Dutch part)
• Saint Vincent and the Grenadines
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Latin America and the Caribbean, split by region and country
• Trade (exports and imports) in Latin America and the Caribbean
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Anguilla
• Antigua and Barbuda
• Argentina
• Aruba
• Bahamas
• Barbados
• Belize
• Bolivia
• Brazil
• British Virgin Islands
• Cayman Islands
• Chile
• Colombia
• Costa Rica
• Cuba
• Curacao
• Dominica
• Dominican Republic
• Ecuador
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Mexico
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Peru
• Saint Kitts and Nevis
• Saint Lucia
• Saint Vincent and the Grenadines
• Saint Maarten (Dutch part)
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands
• Uruguay
• Venezuela
• Puerto Rico
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Physical Terms, By Country, 2012–2021
Table 7:
Imports, In Value Terms, By Country, 2012–2021
Table 8:
Import Prices, By Country Of Destination, 2012–2021
Table 9:
Exports, In Physical Terms, By Country, 2012–2021
Table 10:
Exports, In Value Terms, By Country, 2012–2021
Table 11:
Export Prices, By Country Of Origin, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2021
Figure 17:
Production, In Value Terms, 2012–2021
Figure 18:
Production, By Country, 2021
Figure 19:
Production, In Physical Terms, By Country, 2012–2021
Figure 20:
Imports, In Physical Terms, 2012–2021
Figure 21:
Imports, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, By Country, 2021
Figure 23:
Imports, In Physical Terms, By Country, 2012–2021
Figure 24:
Imports, In Value Terms, By Country, 2012–2021
Figure 25:
Import Prices, By Country, 2012–2021
Figure 26:
Exports, In Physical Terms, 2012–2021
Figure 27:
Exports, In Value Terms, 2012–2021
Figure 28:
Exports, In Physical Terms, By Country, 2021
Figure 29:
Exports, In Physical Terms, By Country, 2012–2021
Figure 30:
Exports, In Value Terms, By Country, 2012–2021
Figure 31:
Export Prices, 2012–2021
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