Price for Blankets and Travelling Rugs in Kuwait - 2022

Contents:

  1. Price for Blankets and Travelling Rugs in Kuwait (CIF) - 2022
  2. Price for Blankets and Travelling Rugs in Kuwait (FOB) - 2022
  3. Imports of Blankets and Travelling Rugs in Kuwait
  4. Exports of Blankets and Travelling Rugs in Kuwait

Price for Blankets and Travelling Rugs in Kuwait (CIF) - 2022

In 2022, the average blankets and travelling rugs import price amounted to $38 per unit, which is down by -7.9% against the previous year. Overall, the import price, however, continues to indicate mild growth. The most prominent rate of growth was recorded in 2015 when the average import price increased by 80% against the previous year. The import price peaked at $67 per unit in 2018; however, from 2019 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 Spain ($73 per unit), while the price for South Korea ($27 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Blankets and Travelling Rugs in Kuwait (FOB) - 2022

The average blankets and travelling rugs export price stood at $8.6 per unit in 2022, rising by 57% against the previous year. Over the period under review, the export price posted temperate growth. The most prominent rate of growth was recorded in 2021 an increase of 70%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($10 per unit), while the average price for exports to Qatar ($5.4 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 Turkey (+8.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Blankets and Travelling Rugs in Kuwait

Blankets and travelling rugs imports into Kuwait soared to 2.6M units in 2022, increasing by 395% on the year before. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, blankets and travelling rugs imports skyrocketed to $96M in 2022. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Blankets and Travelling Rugs in Kuwait (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China16.710.312.980.969.2%
Spain1.30.51.43.741.7%
India0.40.41.03.4104.1%
United Arab Emirates2.62.63.20.2-57.5%
Others2.22.12.68.355.7%
Total23.115.921.196.461.0%

Top Suppliers of Blankets and Travelling Rugs to Kuwait in 2022:

  1. China (2360.6K units)
  2. Spain (50.7K units)
  3. India (49.0K units)
  4. United Arab Emirates (2.6K units)

Exports of Blankets and Travelling Rugs in Kuwait

Blankets and travelling rugs exports from Kuwait surged to 117K units in 2022, rising by 2,078% on the previous year. Overall, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, blankets and travelling rugs exports soared to $1M in 2022. In general, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Blankets and Travelling Rugs in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia16.7N/AN/A703247.9%
United Arab EmiratesN/A5.20.2231566.5%
Turkey29.867.4N/A39.69.9%
Qatar2.72.021.018.389.2%
Iran17.823.45.7N/A-43.4%
Others6.73.82.511.419.4%
Total73.610229.41,004138.9%

Top Export Markets for Blankets and Travelling Rugs from Kuwait in 2022:

  1. Saudi Arabia (70.5K units)
  2. United Arab Emirates (35.7K units)
  3. Turkey (6.7K units)
  4. Qatar (3.4K units)

Source: IndexBox Market Intelligence Platform

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