Turkey: Electric Blanket Market 2025

Electric Blanket Market Size in Turkey

After three years of growth, the Turkish electric blanket market decreased by -4.9% to $X in 2021. Over the period under review, consumption showed a deep slump. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Electric Blanket Production in Turkey

In value terms, electric blanket production shrank modestly to $X in 2021 estimated in export price. In general, production saw a drastic downturn. The pace of growth was the most pronounced in 2014 with an increase of 12% against the previous year. Electric blanket production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Electric Blanket Exports

Exports from Turkey

In 2021, overseas shipments of electric blankets increased by 4.7% to X units for the first time since 2017, thus ending a three-year declining trend. Overall, exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 207%. As a result, the exports attained the peak of X units. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, electric blanket exports skyrocketed to $X in 2021. Over the period under review, exports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 89% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Albania (X units), Ukraine (X units) and Bulgaria (X units) were the main destinations of electric blanket exports from Turkey, with a combined 60% share of total exports. Moldova, North Macedonia, Belarus, Libya, Georgia, the Czech Republic and Greece lagged somewhat behind, together comprising a further 27%.

From 2012 to 2021, the biggest increases were recorded for Belarus (with a CAGR of +376.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for electric blanket exported from Turkey were Albania ($X), Libya ($X) and Ukraine ($X), with a combined 43% share of total exports. These countries were followed by Moldova, Belarus, Bulgaria, the Czech Republic, North Macedonia, Greece and Georgia, which together accounted for a further 23%.

Belarus, with a CAGR of +316.8%, recorded the highest growth rate of 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 electric blanket export price stood at $X per unit in 2021, with an increase of 18% against the previous year. In general, the export price, however, saw a abrupt downturn. The export price peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

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 Libya ($X per unit), while the average price for exports to North Macedonia ($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 Libya (+14.3%), while the prices for the other major destinations experienced mixed trend patterns.

Electric Blanket Imports

Imports into Turkey

In 2021, overseas purchases of electric blankets increased by 47% to X units, rising for the third consecutive year after two years of decline. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 2,057%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, electric blanket imports surged to $X in 2021. Over the period under review, imports continue to indicate a measured increase. The most prominent rate of growth was recorded in 2016 when imports increased by 241%. Imports peaked in 2021 and are likely to see gradual growth in the near future.

Imports by Country

In 2021, China (X units) was the main electric blanket supplier to Turkey, with a 90% share of total imports. Moreover, electric blanket imports from China exceeded the figures recorded by the second-largest supplier, Denmark (X units), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from China was relatively modest.

In value terms, the largest electric blanket suppliers to Turkey were Denmark ($X) and China ($X).

In terms of the main suppliers, Denmark, with a CAGR of +19.9%, recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

The average electric blanket import price stood at $X per unit in 2021, picking up by 75% against the previous year. Over the period under review, the import price posted perceptible growth. The most prominent rate of growth was recorded in 2015 when the average import price increased by 1,145% against the previous year. As a result, import price reached the peak level of $X per unit. From 2016 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Denmark ($X per unit), while the price for China amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (-1.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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