Report Update Nov 1, 2024

New Zealand - Electric Blankets - Market Analysis, Forecast, Size, Trends and Insights

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New Zealand: Electric Blanket Market 2024

Electric Blanket Market Size in New Zealand

In 2021, the New Zealand electric blanket market increased by 3.8% to $X for the first time since 2016, thus ending a four-year declining trend. Overall, consumption, however, showed a slight shrinkage. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Electric Blanket Exports

Exports from New Zealand

In 2021, overseas shipments of electric blankets decreased by -93.5% to X units, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 9,755%. The exports peaked at X units in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, electric blanket exports fell significantly to $X in 2021. In general, exports, however, saw a significant increase. The growth pace was the most rapid in 2013 with an increase of 8,162%. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units), Fiji (X units) and Denmark (X units) were the main destinations of electric blanket exports from New Zealand, with a combined 80% share of total exports. These countries were followed by Australia, India, Canada and the UK, which together accounted for a further 18%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of +100.0%), while the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X) emerged as the key foreign market for electric blankets exports from New Zealand, comprising 49% of total exports. The second position in the ranking was taken by the United States ($X), with a 21% share of total exports. It was followed by Fiji, with a 19% share.

From 2012 to 2021, the average annual growth rate of value to Denmark was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+40.0% per year) and Fiji (+49.6% per year).

Export Prices by Country

In 2021, the average electric blanket export price amounted to $X per unit, increasing by 153% against the previous year. Over the period under review, the export price continues to indicate a mild expansion. Over the period under review, the average export prices reached the peak figure at $X per unit in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Denmark ($X per unit), while the average price for exports to Australia ($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 Canada (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Blanket Imports

Imports into New Zealand

After two years of decline, overseas purchases of electric blankets increased by 2.6% to X units in 2021. In general, imports, however, saw a noticeable descent. The most prominent rate of growth was recorded in 2016 when imports increased by 16% against the previous year. Imports peaked at X units in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, electric blanket imports reached $X in 2021. Over the period under review, imports, however, showed a slight shrinkage. The pace of growth appeared the most rapid in 2016 when imports increased by 44%. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X units) was the main supplier of electric blanket to New Zealand, accounting for a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China totaled -2.7%.

In value terms, China ($X) constituted the largest supplier of electric blankets to New Zealand.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled -1.3%.

Import Prices by Country

The average electric blanket import price stood at $X per unit in 2021, therefore, remained relatively stable against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.1%. The pace of growth was the most pronounced in 2016 an increase of 24% against the previous year. As a result, import price reached the peak level of $X per unit. From 2017 to 2021, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for China amounted to +1.5% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electric blankets in the world?

The Czech Republic remains the largest electric blanket consuming country worldwide, accounting for 50% of total volume. Moreover, electric blanket consumption in the Czech Republic exceeded the figures recorded by the second-largest consumer, the United States, threefold. China ranked third in terms of total consumption with an 8.1% share.

What are the largest producers of electric blankets in the world?

The countries with the highest volumes of electric blanket production in 2021 were the Czech Republic, China and Indonesia, together comprising 97% of global production.

What are the leading suppliers of electric blankets to New Zealand?

In value terms, Australia constituted the largest supplier of electric blanket to New Zealand, comprising 96% of total imports. The second position in the ranking was occupied by the United States, with a 3.1% share of total imports.

What are the leading importers of electric blankets from New Zealand?

In value terms, the Philippines emerged as the key foreign market for electric blanket exports from New Zealand, comprising 91% of total exports. The second position in the ranking was occupied by the UK, with an 8.7% share of total exports.

What is the average export price for electric blankets in New Zealand?

The average electric blanket export price stood at $19 per unit in 2021, waning by -8.1% against the previous year.

What is the average import price for electric blankets in New Zealand?

The average electric blanket import price stood at $20 per unit in 2021, flattening at the previous year.

This report provides an in-depth analysis of the electric blanket market in New Zealand. 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 27511400 - Electric blankets

Country coverage:

New Zealand

Data coverage:

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