Cote d'Ivoire: Blanket Market 2025

Blanket Market Size in Cote d'Ivoire

The Cote d'Ivoire's blanket market reduced to $X in 2022, which is down by -8.4% against the previous year. Overall, the total consumption indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +10.0% against 2020 indices. Blanket consumption peaked at $X in 2021, and then contracted in the following year.

Blanket Production in Cote d'Ivoire

In value terms, blanket production contracted to $X in 2022 estimated in export price. In general, the total production indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +7.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +8.8% against 2020 indices. The pace of growth was the most pronounced in 2018 with an increase of 49%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Blanket Exports

Exports from Cote d'Ivoire

After two years of decline, overseas shipments of blankets and traveling rugs (except electric blankets) increased by 123% to X tons in 2022. Overall, exports enjoyed a pronounced expansion. The pace of growth was the most pronounced in 2019 when exports increased by 130% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, blanket exports surged to $X in 2022. In general, exports saw a modest expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 121%. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Nigeria (X tons) was the main destination for blanket exports from Cote d'Ivoire, with a 43% share of total exports. Moreover, blanket exports to Nigeria exceeded the volume sent to the second major destination, Burkina Faso (X tons), threefold. Mali (X tons) ranked third in terms of total exports with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Nigeria stood at +35.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Burkina Faso (+51.5% per year) and Mali (-0.7% per year).

In value terms, Nigeria ($X) emerged as the key foreign market for blankets and traveling rugs (except electric blankets) exports from Cote d'Ivoire, comprising 68% of total exports. The second position in the ranking was taken by Mali ($X), with a 19% share of total exports. It was followed by Burkina Faso, with an 18% share.

From 2012 to 2022, the average annual growth rate of value to Nigeria amounted to +27.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mali (+1.5% per year) and Burkina Faso (+45.5% per year).

Export Prices by Country

In 2022, the average blanket export price amounted to $X per ton, falling by -6.9% against the previous year. Over the period under review, the export price saw a pronounced reduction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 80% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Liberia ($X per ton), while the average price for exports to Burkina Faso ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Liberia (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Blanket Imports

Imports into Cote d'Ivoire

In 2022, imports of blankets and traveling rugs (except electric blankets) into Cote d'Ivoire skyrocketed to X tons, picking up by 16% against 2021 figures. Overall, imports posted a slight increase. The most prominent rate of growth was recorded in 2015 when imports increased by 334% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, blanket imports contracted dramatically to $X in 2022. Over the period under review, imports showed a perceptible expansion. The pace of growth was the most pronounced in 2015 with an increase of 347%. Over the period under review, imports hit record highs at $X in 2021, and then reduced notably in the following year.

Imports by Country

In 2022, India (X tons) constituted the largest supplier of blanket to Cote d'Ivoire, accounting for a 73% share of total imports. Moreover, blanket imports from India exceeded the figures recorded by the second-largest supplier, China (X tons), sixfold. Pakistan (X tons) ranked third in terms of total imports with a 7.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from India totaled +18.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+3.4% per year) and Pakistan (+29.8% per year).

In value terms, India ($X) constituted the largest supplier of blankets and traveling rugs (except electric blankets) to Cote d'Ivoire, comprising 84% of total imports. The second position in the ranking was taken by China ($X), with a 5.8% share of total imports. It was followed by Pakistan, with a 5.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from India stood at +20.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+0.4% per year) and Pakistan (+25.2% per year).

Import Prices by Country

In 2022, the average blanket import price amounted to $X per ton, shrinking by -33.8% against the previous year. In general, the import price, however, showed notable growth. The most prominent rate of growth was recorded in 2021 an increase of 146%. As a result, import price attained the peak level of $X per ton, and then declined sharply in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while the price for Burkina Faso ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform