Russian Federation: Blanket Market 2025

Blanket Market Size in the Russian Federation

In 2022, the Russian blanket market increased by 18% to $X, rising for the third year in a row after two years of decline. Over the period under review, consumption, however, saw a deep reduction. Blanket consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Blanket Production in the Russian Federation

In value terms, blanket production shrank to $X in 2022 estimated in export price. Overall, production, however, faced a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 16% against the previous year. Blanket production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Blanket Exports

Exports from the Russian Federation

In 2022, after four years of growth, there was significant decline in shipments abroad of blankets and traveling rugs (except electric blankets), when their volume decreased by -10.3% to X tons. Over the period under review, exports, however, posted a significant expansion. The growth pace was the most rapid in 2013 with an increase of 204%. Over the period under review, the exports attained the peak figure at X tons in 2021, and then contracted in the following year.

In value terms, blanket exports contracted significantly to $X in 2022. In general, exports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2013 when exports increased by 120% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then dropped dramatically in the following year.

Exports by Country

Kazakhstan (X tons), Ukraine (X tons) and Belarus (X tons) were the main destinations of blanket exports from Russia, with a combined 83% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ukraine (with a CAGR of +132.2%), while the other leaders experienced more modest paces of growth.

In value terms, Belarus ($X), Kazakhstan ($X) and Ukraine ($X) appeared to be the largest markets for blanket exported from Russia worldwide, with a combined 86% share of total exports.

Ukraine, with a CAGR of +129.0%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average blanket export price stood at $X per ton in 2022, which is down by -5.6% against the previous year. Over the period under review, the export price continues to indicate a abrupt decline. The growth pace was the most rapid in 2017 when the average export price increased by 22% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, 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 Armenia ($X per ton), while the average price for exports to Mongolia ($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 Armenia (+8.3%), while the prices for the other major destinations experienced a decline.

Blanket Imports

Imports into the Russian Federation

In 2022, after two years of growth, there was decline in supplies from abroad of blankets and traveling rugs (except electric blankets), when their volume decreased by -3.8% to X tons. Overall, imports showed a abrupt decline. The pace of growth was the most pronounced in 2017 with an increase of 229%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, blanket imports reduced to $X in 2022. In general, imports saw a abrupt contraction. The pace of growth appeared the most rapid in 2017 with an increase of 190% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of blanket to Russia, with a 74% share of total imports. Moreover, blanket imports from China exceeded the figures recorded by the second-largest supplier, Ukraine (X tons), sevenfold. Thailand (X tons) ranked third in terms of total imports with a 5.9% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at -7.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (-0.9% per year) and Thailand (+20.2% per year).

In value terms, China ($X) constituted the largest supplier of blankets and traveling rugs (except electric blankets) to Russia, comprising 61% of total imports. The second position in the ranking was taken by Ukraine ($X), with a 13% share of total imports. It was followed by India, with a 7.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled -11.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (-6.8% per year) and India (+0.4% per year).

Import Prices by Country

The average blanket import price stood at $X per ton in 2022, shrinking by -8.8% against the previous year. In general, the import price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 when the average import price increased by 22% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (-1.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :