Jordan: Blanket Market 2025

Blanket Market Size in Jordan

In 2022, the Jordanian blanket market decreased by -5.4% to $X, falling for the third year in a row after two years of growth. Over the period under review, consumption, however, saw a abrupt downturn. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Blanket Production in Jordan

In value terms, blanket production skyrocketed to $X in 2022 estimated in export price. In general, production posted significant growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by 374%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Blanket Exports

Exports from Jordan

After two years of growth, shipments abroad of blankets and traveling rugs (except electric blankets) decreased by -13% to X tons in 2022. Overall, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2013 with an increase of 226%. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, blanket exports declined notably to $X in 2022. Over the period under review, exports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2015 when exports increased by 225% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Palestine (X tons) was the main destination for blanket exports from Jordan, with a 143% share of total exports. Moreover, blanket exports to Palestine exceeded the volume sent to the second major destination, Egypt (X tons), eightfold.

From 2012 to 2022, the average annual growth rate of volume to Palestine was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (-16.1% per year) and Germany (+66.0% per year).

In value terms, Palestine ($X) emerged as the key foreign market for blankets and traveling rugs (except electric blankets) exports from Jordan, comprising 65% of total exports. The second position in the ranking was held by Germany ($X), with a 14% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Palestine totaled +2.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+73.9% per year) and Egypt (-16.5% per year).

Export Prices by Country

The average blanket export price stood at $X per ton in 2022, which is down by -11.5% against the previous year. In general, the export price, however, continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2019 when the average export price increased by 200%. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then declined in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Palestine ($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 Israel (+31.0%), while the prices for the other major destinations experienced more modest paces of growth.

Blanket Imports

Imports into Jordan

For the third consecutive year, Jordan recorded decline in supplies from abroad of blankets and traveling rugs (except electric blankets), which decreased by -3.5% to X tons in 2022. Overall, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2013 when imports increased by 74% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, blanket imports reduced to $X in 2022. In general, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2013 when imports increased by 89%. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

China (X tons), Saudi Arabia (X tons) and the United Arab Emirates (X tons) were the main suppliers of blanket imports to Jordan, with a combined 74% share of total imports. Turkey, Lebanon, Spain, India and Pakistan lagged somewhat behind, together accounting for a further 11%.

From 2012 to 2022, the biggest increases were recorded for Lebanon (with a CAGR of +90.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest blanket suppliers to Jordan were China ($X), Saudi Arabia ($X) and the United Arab Emirates ($X), with a combined 79% share of total imports. Turkey, Spain, India, Lebanon and Pakistan lagged somewhat behind, together accounting for a further 9.1%.

Lebanon, with a CAGR of +54.3%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average blanket import price amounted to $X per ton, waning by -2.3% against the previous year. Overall, the import price, however, showed a strong increase. The pace of growth appeared the most rapid in 2020 an increase of 63% against the previous year. The import price peaked at $X per ton in 2021, and then contracted slightly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform