Price for Blankets and Travelling Rugs in Pakistan - 2023
Contents:
- Price for Blankets and Travelling Rugs in Pakistan (FOB) - 2023
- Price for Blankets and Travelling Rugs in Pakistan (CIF) - 2022
- Exports of Blankets and Travelling Rugs in Pakistan
- Imports of Blankets and Travelling Rugs in Pakistan
Price for Blankets and Travelling Rugs in Pakistan (FOB) - 2023
The average blankets and travelling rugs export price stood at $3.6 per unit in April 2023, dropping by -21.6% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 41% month-to-month. As a result, the export price reached the peak level of $4.7 per unit, and then contracted remarkably in the following month.
There were significant differences in the average prices for the major external markets. In April 2023, the country with the highest price was Canada ($3.9 per unit), while the average price for exports to Denmark ($2.3 per unit) was amongst the lowest.
From April 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for supplies to Yemen (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Blankets and Travelling Rugs in Pakistan (CIF) - 2022
In 2022, the average blankets and travelling rugs import price amounted to $15 per unit, growing by 110% against the previous year. Overall, the import price saw a resilient expansion. The pace of growth was the most pronounced in 2013 when the average import price increased by 18,412%. As a result, import price reached the peak level of $1,233 per unit. From 2014 to 2022, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United Arab Emirates ($8.8 per unit) and Iran ($8.7 per unit), while the price for China ($7 per unit) and Spain ($8.7 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+17.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Blankets and Travelling Rugs in Pakistan
In 2022, shipments abroad of blankets and travelling rugses was finally on the rise to reach 3M units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a slight decline. The exports peaked at 3.1M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, blankets and travelling rugs exports skyrocketed to $56M in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +17.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.2% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Blankets and Travelling Rugs in Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 15.2 | 16.1 | 20.6 | 28.5 | 23.3% |
| Australia | 1.5 | 1.5 | 2.8 | 3.8 | 36.3% |
| Netherlands | 0.6 | 0.9 | 2.2 | 3.0 | 71.0% |
| United Arab Emirates | 1.6 | 1.7 | 1.9 | 2.7 | 19.1% |
| Jordan | 1.8 | 1.9 | 1.0 | 1.9 | 1.8% |
| Germany | 1.5 | 1.5 | 0.9 | 1.7 | 4.3% |
| Canada | 1.0 | 0.9 | 1.1 | 1.6 | 17.0% |
| Afghanistan | 0.3 | 0.7 | 1.0 | 1.4 | 67.1% |
| Kenya | 1.6 | 0.8 | 0.9 | 1.3 | -6.7% |
| Turkey | 1.4 | 0.7 | 0.7 | 1.2 | -5.0% |
| Saudi Arabia | 0.7 | 0.7 | 0.8 | 1.1 | 16.3% |
| Qatar | 0.3 | 1.4 | 0.6 | 1.0 | 49.4% |
| Others | 6.6 | 6.7 | 7.9 | 6.6 | 0.0% |
| Total | 34.1 | 35.5 | 42.4 | 55.7 | 17.8% |
Top Export Markets for Blankets and Travelling Rugs from Pakistan in 2022:
- United States (4510.2K units)
- United Arab Emirates (1040.5K units)
- Australia (610.5K units)
- Qatar (232.2K units)
- Jordan (188.5K units)
- Saudi Arabia (174.9K units)
- Netherlands (162.2K units)
- Kenya (149.6K units)
- Afghanistan (129.4K units)
- Turkey (122.2K units)
- Canada (114.8K units)
- Germany (88.6K units)
Imports of Blankets and Travelling Rugs in Pakistan
In 2022, after two years of decline, there was significant growth in purchases abroad of blankets and travelling rugses, when their volume increased by 31% to 450K units. Overall, imports, however, faced a precipitous decline. Imports peaked at 1M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, blankets and travelling rugs imports soared to $6.5M in 2022. In general, imports, however, saw a relatively flat trend pattern. Over the period under review, imports reached the peak figure at $6.6M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Blankets and Travelling Rugs in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6,194 | 2,784 | 1,327 | 1,126 | -43.4% |
| United Arab Emirates | 149 | 329 | 564 | 226 | 14.9% |
| Spain | 158 | 180 | 251 | 101 | -13.9% |
| Iran | 3.2 | 15.0 | 142 | 57.0 | 161.2% |
| Others | 56.0 | 155 | 99.9 | 5,030 | 347.8% |
| Total | 6,560 | 3,463 | 2,385 | 6,540 | -0.1% |
Top Suppliers of Blankets and Travelling Rugs to Pakistan in 2022:
- China (162.0K units)
- United Arab Emirates (25.5K units)
- Spain (11.5K units)
- Iran (6.5K units)
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In 2016, the amount of blanket imported worldwide totaled X tons, coming up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the p...
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In 2016, the amount of blanket imported worldwide totaled X tons, coming up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the p...
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In 2016, the amount of blanket imported worldwide totaled X tons, coming up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the p...
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China dominates in the global blanket and traveling rug trade. In 2014, China exported X million USD, X% over than the year before. Its primary trading partner was the U.S., where it supplied X% of its total blanket and traveling rug exports in v
