Report Update Nov 1, 2024

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

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Libya: Blanket Market 2024

Blanket Market Size in Libya

The Libyan blanket market reduced to $X in 2022, which is down by -5.4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a deep contraction. Blanket consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Blanket Exports

Exports from Libya

After three years of growth, overseas shipments of blankets and traveling rugs (except electric blankets) decreased by -6% to X tons in 2022. Overall, exports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2016 with an increase of 841%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, blanket exports dropped to $X in 2022. In general, exports, however, showed buoyant growth. The pace of growth appeared the most rapid in 2016 with an increase of 173% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then fell in the following year.

Exports by Country

Niger (X kg) was the main destination for blanket exports from Libya, with a 22% share of total exports. Moreover, blanket exports to Niger exceeded the volume sent to the second major destination, Egypt (X kg), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Niger totaled -9.3%.

In value terms, Niger ($X) remains the key foreign market for blankets and traveling rugs (except electric blankets) exports from Libya, comprising 4.5% of total exports. The second position in the ranking was taken by Egypt ($X), with a 0.5% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Niger amounted to -10.9%.

Export Prices by Country

The average blanket export price stood at $X per ton in 2022, with a decrease of -1.8% against the previous year. In general, the export price, however, saw notable growth. The pace of growth appeared the most rapid in 2018 an increase of 258%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Niger ($X per ton), while the average price for exports to Egypt totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+7.5%), while the prices for the other major destinations experienced mixed trend patterns.

Blanket Imports

Imports into Libya

In 2022, imports of blankets and traveling rugs (except electric blankets) into Libya fell modestly to X tons, shrinking by -2.1% against the previous year's figure. Overall, imports faced a drastic downturn. The growth pace was the most rapid in 2019 with an increase of 54% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, blanket imports declined to $X in 2022. Over the period under review, imports showed a abrupt decrease. The pace of growth appeared the most rapid in 2019 with an increase of 47%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of blanket to Libya, accounting for a 86% share of total imports. Moreover, blanket imports from China exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X tons), sixfold. The third position in this ranking was held by Turkey (X tons), with a 9.7% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled -12.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (+16.4% per year) and Turkey (-6.6% per year).

In value terms, China ($X) constituted the largest supplier of blankets and traveling rugs (except electric blankets) to Libya, comprising 61% of total imports. The second position in the ranking was held by South Korea ($X), with a 9.9% share of total imports. It was followed by Egypt, with a 9.5% share.

From 2012 to 2022, the average annual growth rate of value from China totaled -15.6%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+3.7% per year) and Egypt (+20.1% per year).

Import Prices by Country

The average blanket import price stood at $X per ton in 2022, dropping by -5.4% against the previous year. Over the period under review, the import price saw a pronounced curtailment. The growth pace was the most rapid in 2014 when the average import price increased by 61%. Over the period under review, average import prices attained the maximum at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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 South Korea ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for blankets and traveling rugs (except electric blankets) in the world?

The countries with the highest volumes of blanket consumption in 2020 were the United States, China and India, with a combined 43% share of global consumption.

What are the largest producers of blankets and traveling rugs (except electric blankets) in the world?

China constituted the country with the largest volume of blanket production, accounting for 62% of total volume. Moreover, blanket production in China exceeded the figures recorded by the second-largest producer, India, tenfold. The third position in this ranking was occupied by Turkey, with a 1.8% share.

What are the leading suppliers of blankets and traveling rugs (except electric blankets) to Libya?

In value terms, China constituted the largest supplier of blanket to Libya, comprising 71% of total imports. The second position in the ranking was occupied by Turkey, with an 11% share of total imports. It was followed by Saudi Arabia, with an 8% share.

What are the leading importers of blankets and traveling rugs (except electric blankets) from Libya?

In value terms, Egypt remains the key foreign market for blanket exports from Libya.

What is the average export price for blankets and traveling rugs (except electric blankets) in Libya?

The average blanket export price stood at $10 per unit in 2020, approximately equating the previous year.

What is the average import price for blankets and traveling rugs (except electric blankets) in Libya?

The average blanket import price stood at $3.2 per unit in 2020, with a decrease of -8.8% against the previous year.

This report provides an in-depth analysis of the blanket market in Libya. 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:

Libya

Data coverage:

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