U.S.: Travelling Wool Rug Market 2025

Travelling Wool Rug Market Size in the U.S.

The U.S. travelling wool rug market shrank to $X in 2022, with a decrease of -13.3% against the previous year. Overall, consumption continues to indicate a pronounced shrinkage. Travelling wool rug consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Travelling Wool Rug Production in the U.S.

In value terms, travelling wool rug production dropped to $X in 2022. In general, production saw a pronounced reduction. The growth pace was the most rapid in 2019 when the production volume increased by 60% against the previous year. Travelling wool rug production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Travelling Wool Rug Exports

Exports from the U.S.

In 2022, after two years of growth, there was decline in shipments abroad of blankets and travelling rugs of wool, when their volume decreased by -3% to X units. Overall, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 42%. As a result, the exports attained the peak of X units, and then contracted in the following year.

In value terms, travelling wool rug exports rose rapidly to $X in 2022. The total export value increased at an average annual rate of +1.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 44%. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Canada (X units) was the main destination for travelling wool rug exports from the United States, with a 48% share of total exports. Moreover, travelling wool rug exports to Canada exceeded the volume sent to the second major destination, the UK (X units), fivefold. Japan (X units) ranked third in terms of total exports with a 6.1% share.

From 2012 to 2022, the average annual growth rate of volume to Canada totaled +4.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+10.4% per year) and Japan (-4.1% per year).

In value terms, Canada ($X) remains the key foreign market for blankets and travelling rugs of wool exports from the United States, comprising 54% of total exports. The second position in the ranking was taken by Japan ($X), with an 8.4% share of total exports. It was followed by the UK, with an 8.1% share.

From 2012 to 2022, the average annual growth rate of value to Canada totaled +3.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (-5.3% per year) and the UK (+10.5% per year).

Export Prices by Country

The average travelling wool rug export price stood at $X per unit in 2022, rising by 15% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The growth pace was the most rapid in 2013 an increase of 22%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the average 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 Japan ($X per unit), while the average price for exports to Mexico ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.

Travelling Wool Rug Imports

Imports into the U.S.

In 2022, approx. X units of blankets and travelling rugs of wool were imported into the United States; with a decrease of -14.7% against 2021. Overall, total imports indicated a moderate expansion from 2012 to 2022: its volume increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 94%. As a result, imports reached the peak of X units, and then dropped in the following year.

In value terms, travelling wool rug imports rose notably to $X in 2022. Over the period under review, imports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 94% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

India (X units), China (X units) and Italy (X units) were the main suppliers of travelling wool rug imports to the United States, with a combined 70% share of total imports. The UK, Peru, Mexico and Ecuador lagged somewhat behind, together accounting for a further 19%.

From 2012 to 2022, the biggest increases were recorded for Ecuador (with a CAGR of +28.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), India ($X) and Italy ($X) appeared to be the largest travelling wool rug suppliers to the United States, with a combined 55% share of total imports. Peru, the UK, Mexico and Ecuador lagged somewhat behind, together accounting for a further 30%.

Ecuador, with a CAGR of +28.4%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average travelling wool rug import price stood at $X per unit in 2022, increasing by 30% against the previous year. In general, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, travelling wool rug import price increased by +99.2% against 2016 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Peru ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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