Uzbekistan: Blanket Market 2024

Blanket Market Size in Uzbekistan

The Uzbek blanket market declined to $X in 2022, which is down by -3% against the previous year. Overall, consumption, however, recorded a prominent increase. Blanket consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Blanket Production in Uzbekistan

In value terms, blanket production shrank to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed a resilient increase. The growth pace was the most rapid in 2016 when the production volume increased by 65%. Blanket production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Blanket Exports

Exports from Uzbekistan

After three years of growth, overseas shipments of blankets and traveling rugs (except electric blankets) decreased by -53.5% to X tons in 2022. In general, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2017 with an increase of 8,445% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2021, and then shrank dramatically in the following year.

In value terms, blanket exports declined to $X in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2017 when exports increased by 3,792%. The exports peaked at $X in 2021, and then shrank in the following year.

Exports by Country

Kyrgyzstan (X tons) was the main destination for blanket exports from Uzbekistan, with a 176% share of total exports. Moreover, blanket exports to Kyrgyzstan exceeded the volume sent to the second major destination, Japan (X tons), more than tenfold. Belarus (X tons) ranked third in terms of total exports with a 3.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Kyrgyzstan totaled +392.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+28.9% per year) and Belarus (-9.5% per year).

In value terms, Kyrgyzstan ($X) remains the key foreign market for blankets and traveling rugs (except electric blankets) exports from Uzbekistan, comprising 219% of total exports. The second position in the ranking was taken by Russia ($X), with a 7.4% share of total exports. It was followed by Kazakhstan, with a 5.3% share.

From 2012 to 2022, the average annual growth rate of value to Kyrgyzstan totaled +267.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+37.2% per year) and Kazakhstan (+31.7% per year).

Export Prices by Country

The average blanket export price stood at $X per ton in 2022, increasing by 96% against the previous year. Over the period under review, the export price saw a perceptible increase. The growth pace was the most rapid in 2016 when the average export price increased by 163% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 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 Kazakhstan ($X per ton), while the average price for exports to Belarus ($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 Kazakhstan (+21.3%), while the prices for the other major destinations experienced more modest paces of growth.

Blanket Imports

Imports into Uzbekistan

Blanket imports into Uzbekistan skyrocketed to X tons in 2022, picking up by 79% on the previous year. In general, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2018 with an increase of 116% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, blanket imports skyrocketed to $X in 2022. Overall, imports continue to indicate significant growth. The growth pace was the most rapid in 2018 with an increase of 171%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest blanket supplier to Uzbekistan, with a 77% share of total imports. Moreover, blanket imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), twofold. The United Arab Emirates (X tons) ranked third in terms of total imports with a 6.9% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +38.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+45.5% per year) and the United Arab Emirates (-6.3% per year).

In value terms, China ($X) constituted the largest supplier of blankets and traveling rugs (except electric blankets) to Uzbekistan, comprising 73% of total imports. The second position in the ranking was held by Turkey ($X), with a 20% share of total imports. It was followed by Russia, with a 16% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +40.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+40.1% per year) and Russia (+94.3% per year).

Import Prices by Country

The average blanket import price stood at $X per ton in 2022, falling by -16.4% against the previous year. Overall, the import price, however, showed a strong expansion. The pace of growth was the most pronounced in 2021 when the average import price increased by 49%. As a result, import price reached the peak level of $X per ton, and then shrank remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($X per ton), while the price for South Korea ($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 (+42.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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