Netherlands: Electric Blanket Market 2024

Electric Blanket Market Size in the Netherlands

The Dutch electric blanket market was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption enjoyed mild growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Electric Blanket Exports

Exports from the Netherlands

In 2021, shipments abroad of electric blankets increased by 46% to X units, rising for the fourth consecutive year after two years of decline. Over the period under review, exports recorded a buoyant increase. The pace of growth appeared the most rapid in 2020 with an increase of 173% against the previous year. The exports peaked in 2021 and are likely to continue growth in the near future.

In value terms, electric blanket exports soared to $X in 2021. In general, exports saw buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of 256%. The exports peaked in 2021 and are likely to see gradual growth in the near future.

Exports by Country

Germany (X units) was the main destination for electric blanket exports from the Netherlands, with a 80% share of total exports. Moreover, electric blanket exports to Germany exceeded the volume sent to the second major destination, Belgium (X units), more than tenfold. France (X units) ranked third in terms of total exports with a 4.1% share.

From 2012 to 2021, the average annual growth rate of volume to Germany totaled +13.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-4.7% per year) and France (-9.7% per year).

In value terms, Germany ($X) remains the key foreign market for electric blankets exports from the Netherlands, comprising 80% of total exports. The second position in the ranking was held by Finland ($X), with a 4.4% share of total exports. It was followed by Belgium, with a 3% share.

From 2012 to 2021, the average annual growth rate of value to Germany totaled +19.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (+47.6% per year) and Belgium (-9.9% per year).

Export Prices by Country

The average electric blanket export price stood at $X per unit in 2021, reducing by -2.9% against the previous year. Over the period under review, export price indicated a notable expansion from 2012 to 2021: its price increased at an average annual rate of +3.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, electric blanket export price increased by +26.7% against 2019 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by 61%. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to France ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+15.9%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Blanket Imports

Imports into the Netherlands

In 2021, the amount of electric blankets imported into the Netherlands skyrocketed to X units, increasing by 108% on the year before. In general, imports continue to indicate a moderate expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, electric blanket imports surged to $X in 2021. Overall, imports showed a noticeable expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest electric blanket supplier to the Netherlands, with a 89% share of total imports. Moreover, electric blanket imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), more than tenfold. Belgium (X units) ranked third in terms of total imports with a 0.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +8.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-12.1% per year) and Belgium (-20.8% per year).

In value terms, China ($X) constituted the largest supplier of electric blankets to the Netherlands, comprising 88% of total imports. The second position in the ranking was held by Germany ($X), with a 9.9% share of total imports. It was followed by Belgium, with a 0.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +14.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-13.2% per year) and Belgium (-25.7% per year).

Import Prices by Country

The average electric blanket import price stood at $X per unit in 2021, remaining constant against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 17%. Over the period under review, average import prices reached the peak figure at $X per unit in 2020, and then contracted slightly in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Germany ($X per unit) and Belgium ($X per unit), while the price for the UK ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+6.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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