Price for Blankets and Travelling Rugs in Indonesia - 2022

Contents:

  1. Price for Blankets and Travelling Rugs in Indonesia (CIF) - 2022
  2. Price for Blankets and Travelling Rugs in Indonesia (FOB) - 2022
  3. Imports of Blankets and Travelling Rugs in Indonesia
  4. Exports of Blankets and Travelling Rugs in Indonesia

Price for Blankets and Travelling Rugs in Indonesia (CIF) - 2022

The average blankets and travelling rugs import price stood at $250 per unit in March 2022, surging by 14,517% against the previous month. Overall, the import price recorded a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was Singapore ($17.5 per unit), while the price for the United States ($4.0 per unit) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Singapore (+15.9%), while the prices for the other major suppliers experienced a decline.

Price for Blankets and Travelling Rugs in Indonesia (FOB) - 2022

The average blankets and travelling rugs export price stood at $21.6 per unit in March 2022, falling by -61.7% against the previous month. In general, the export price, however, recorded a resilient increase. The most prominent rate of growth was recorded in February 2022 an increase of 175% m-o-m. As a result, the export price reached the peak level of $56.5 per unit, and then reduced remarkably in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Hong Kong SAR ($73.7 per unit), while the average price for exports to the United States ($6.6 per unit) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+53.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Blankets and Travelling Rugs in Indonesia

In 2022, approx. 11M units of blankets and travelling rugses were imported into Indonesia; with a decrease of -6.9% against the previous year's figure. Over the period under review, imports, however, recorded slight growth. The growth pace was the most rapid in 2021 with an increase of 16%. As a result, imports reached the peak of 12M units, and then dropped in the following year.

In value terms, blankets and travelling rugs imports rose markedly to $26M in 2022. Overall, imports recorded a perceptible curtailment. Imports peaked at $29M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Blankets and Travelling Rugs in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China28.523.023.525.2-4.0%
Others1.00.71.11.26.3%
Total29.523.724.626.4-3.6%

Top Suppliers of Blankets and Travelling Rugs to Indonesia in 2022:

  1. China (17.6M units)

Exports of Blankets and Travelling Rugs in Indonesia

In 2022, the amount of blankets and travelling rugses exported from Indonesia contracted sharply to 1.3M units, with a decrease of -24.9% on the previous year. Overall, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 99% against the previous year. As a result, the exports reached the peak of 1.7M units, and then declined markedly in the following year.

In value terms, blankets and travelling rugs exports skyrocketed to $44M in 2022. Over the period under review, exports, however, continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Blankets and Travelling Rugs in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan13.29.115.129.430.6%
United States1.50.82.44.746.3%
MalaysiaN/AN/A1.83.594.4%
Kenya0.60.71.02.049.4%
Somalia1.10.30.31.10.0%
SingaporeN/AN/A0.40.9125.0%
Others1.00.61.12.535.7%
Total17.411.522.244.136.3%

Top Export Markets for Blankets and Travelling Rugs from Indonesia in 2022:

  1. Japan (2825.0K units)
  2. United States (868.9K units)
  3. Kenya (139.4K units)
  4. Malaysia (80.5K units)
  5. Singapore (74.8K units)
  6. Somalia (36.8K units)

Source: IndexBox Market Intelligence Platform

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