New Zealand: Blanket Market 2025

Blanket Market Size in New Zealand

The New Zealand blanket market reduced slightly to $X in 2022, shrinking by -3% against the previous year. The market value increased at an average annual rate of +2.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X, and then declined in the following year.

Blanket Production in New Zealand

In value terms, blanket production shrank to $X in 2022 estimated in export price. In general, production, however, recorded a modest expansion. The most prominent rate of growth was recorded in 2015 when the production volume increased by 112%. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Blanket Exports

Exports from New Zealand

In 2022, exports of blankets and traveling rugs (except electric blankets) from New Zealand expanded modestly to X tons, picking up by 2.8% against 2021. In general, exports saw a resilient expansion. The growth pace was the most rapid in 2017 when exports increased by 614%. Over the period under review, the exports reached the peak figure at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, blanket exports skyrocketed to $X in 2022. Overall, exports, however, showed a noticeable downturn. The most prominent rate of growth was recorded in 2017 when exports increased by 140% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Australia (X tons) was the main destination for blanket exports from New Zealand, with a 93% share of total exports. Moreover, blanket exports to Australia exceeded the volume sent to the second major destination, China (X tons), twofold. The third position in this ranking was taken by the Netherlands (X tons), with a 9.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Australia totaled +14.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+67.8% per year) and the Netherlands (+13.4% per year).

In value terms, China ($X), Australia ($X) and the United States ($X) were the largest markets for blanket exported from New Zealand worldwide.

In terms of the main countries of destination, China, with a CAGR of +50.7%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average blanket export price amounted to $X per ton, increasing by 21% against the previous year. Overall, the export price, however, showed a abrupt slump. The pace of growth was the most pronounced in 2015 when the average export price increased by 61% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to French Polynesia ($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 Hong Kong SAR (+11.3%), while the prices for the other major destinations experienced a decline.

Blanket Imports

Imports into New Zealand

In 2022, the amount of blankets and traveling rugs (except electric blankets) imported into New Zealand surged to X tons, jumping by 27% on 2021 figures. The total import volume increased at an average annual rate of +3.5% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, blanket imports contracted slightly to $X in 2022. The total import value increased at an average annual rate of +2.8% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 40% against the previous year. As a result, imports reached the peak of $X, and then dropped slightly in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest blanket supplier to New Zealand, accounting for a 81% share of total imports. Moreover, blanket imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), eightfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: India (+5.1% per year) and Pakistan (+13.1% per year).

In value terms, China ($X) constituted the largest supplier of blankets and traveling rugs (except electric blankets) to New Zealand, comprising 80% of total imports. The second position in the ranking was held by India ($X), with a 10% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+12.2% per year) and Pakistan (+24.0% per year).

Import Prices by Country

In 2022, the average blanket import price amounted to $X per ton, shrinking by -24.1% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 48%. As a result, import price reached the peak level of $X per ton, and then reduced dramatically in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Pakistan ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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