Report Update: Nov 1, 2024

China - Blankets And Traveling Rugs (Except Electric Blankets) - Market Analysis, Forecast, Size, Trends and Insights

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Blanket Prices in China

China Blanket Export Price in September 2022

In September 2022, the blanket price stood at $5.3 per unit (FOB, China), picking up by 16% against the previous month. Over the last eight-month period, it increased at an average monthly rate of +1.9%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Vietnam ($8.8 per unit), while the average price for exports to Indonesia ($2.5 per unit) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.

China Blanket Export Prices by Type

There were significant differences in the average prices for the major types of exported product. In September 2022, the product with the highest price was blankets and travelling rugs of wool ($15.5 per unit), while the average price for exports of blankets (other than electric blankets) and travelling rugs; of cotton ($4.9 per unit) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for the following types: blankets and travelling rugs; n.e.s. in heading no. 6301 (+3.5%), while the prices for the other products experienced more modest paces of growth.

China Blanket Exports

In September 2022, shipments abroad of blankets and traveling rugs (except electric blankets) decreased by -11.6% to 85M units, falling for the second consecutive month after five months of growth. Over the period under review, exports, however, enjoyed temperate growth. The pace of growth was the most pronounced in May 2022 when exports increased by 39% against the previous month. The exports peaked at 102M units in July 2022; however, from August 2022 to September 2022, the exports stood at a somewhat lower figure.

In value terms, blanket exports rose to $449M (IndexBox estimates) in September 2022. In general, exports, however, posted a noticeable expansion. The growth pace was the most rapid in May 2022 when exports increased by 44% m-o-m. Over the period under review, the exports attained the maximum at 455M units in July 2022; however, from August 2022 to September 2022, the exports remained at a lower figure.

China Blanket Exports by Type

Blankets and travelling rugs of synthetic fibres (81M units) was the largest type of blanket exported from China, accounting for a 95% share of total exports. Moreover, blankets and travelling rugs of synthetic fibres exceeded the volume of the second product type, blankets (other than electric blankets) and travelling rugs; of cotton (3.1M units), more than tenfold. Blankets and travelling rugs of wool (463K units) ranked third in terms of total exports with a 0.5% share.

From January 2022 to September 2022, the average monthly growth rate of the volume of export of blankets and travelling rugs of synthetic fibres totaled +2.6%. With regard to the other exported products, the following average monthly rates of growth were recorded: blankets (other than electric blankets) and travelling rugs; of cotton (-2.9% per month) and blankets and travelling rugs of wool (+4.4% per month).

In value terms, blankets and travelling rugs of synthetic fibres ($423M) remains the largest type of blanket exported from China, comprising 94% of total exports. The second position in the ranking was held by blankets (other than electric blankets) and travelling rugs; of cotton ($15M), with a 3.4% share of total exports. It was followed by blankets and travelling rugs of wool, with a 1.6% share.

From January 2022 to September 2022, the average monthly rate of growth in terms of the export volume of blankets and travelling rugs of synthetic fibres stood at +4.6%. With regard to the other exported products, the following average monthly rates of growth were recorded: blankets (other than electric blankets) and travelling rugs; of cotton (-2.6% per month) and blankets and travelling rugs of wool (+4.8% per month).

China Blanket Exports by Country

The United States (29M units) was the main destination for blanket exports from China, accounting for a 34% share of total exports. Moreover, blanket exports to the United States exceeded the volume sent to the second major destination, Japan (7M units), fourfold. The third position in this ranking was taken by the UK (3.5M units), with a 4.1% share.

From January 2022 to September 2022, the average monthly growth rate of volume to the United States totaled +4.5%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Japan (+25.2% per month) and the UK (+1.9% per month).

In value terms, the United States ($172M) remains the key foreign market for blanket exports from China, comprising 38% of total exports. The second position in the ranking was held by Japan ($29M), with a 6.4% share of total exports. It was followed by Saudi Arabia, with a 3.4% share.

From January 2022 to September 2022, the average monthly rate of growth in terms of value to the United States totaled +8.7%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Japan (+20.6% per month) and Saudi Arabia (+5.0% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the blanket market in China. 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 13921130 - Blankets and travelling rugs of wool or fine animal hair (excluding electric blankets)
Prodcom 13921150 - Blankets and travelling rugs of synthetic fibres (excluding electric blankets)
Prodcom 13921190 - Blankets (excluding electric blankets) and travelling rugs of textile materials (excluding of wool or fine animal hair, of synthetic fibres)

Country coverage:

China

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in China
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023