South Africa: Blanket Market 2024

Blanket Market Size in South Africa

In 2022, the South African blanket market decreased by X% to $X, falling for the third year in a row after three years of growth. The market 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. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Blanket Production in South Africa

In value terms, blanket production stood at $X in 2022 estimated in export price. Overall, production, however, saw a pronounced downturn. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Blanket Exports

Exports from South Africa

In 2022, the amount of blankets and traveling rugs (except electric blankets) exported from South Africa shrank to X units, waning by X% on 2021. Over the period under review, exports saw a perceptible decline. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, blanket exports contracted slightly to $X in 2022. In general, exports continue to indicate a abrupt descent. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Lesotho (X units), Namibia (X units) and Swaziland (X units) were the main destinations of blanket exports from South Africa, with a combined X% share of total exports. Botswana, Malawi, Mozambique, Zambia and Zimbabwe lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest markets for blanket exported from South Africa were Namibia ($X), Lesotho ($X) and Botswana ($X), with a combined X% share of total exports. Swaziland, Mozambique, Zambia, Malawi and Zimbabwe lagged somewhat behind, together accounting for a further X%.

Mozambique, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average blanket export price amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the export price, however, recorded a pronounced contraction. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Botswana ($X per unit), while the average price for exports to Malawi ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malawi (X%), while the prices for the other major destinations experienced a decline.

Blanket Imports

Imports into South Africa

In 2022, approx. X units of blankets and traveling rugs (except electric blankets) were imported into South Africa; which is down by X% compared with 2021. Overall, imports, however, enjoyed pronounced growth. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, blanket imports dropped to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) was the main blanket supplier to South Africa, with a X% share of total imports. It was followed by Pakistan (X units), with a X% share of total imports. The third position in this ranking was taken by India (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Pakistan (X% per year) and India (X% per year).

In value terms, China ($X) constituted the largest supplier of blankets and traveling rugs (except electric blankets) to South Africa, comprising X% of total imports. The second position in the ranking was held by Pakistan ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Pakistan (X% per year) and Turkey (X% per year).

Import Prices by Country

The average blanket import price stood at $X per unit in 2022, with an increase of X% against the previous year. Over the period under review, the import price, however, saw a perceptible downturn. The growth pace was the most rapid in 2015 when the average import price increased by X%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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