Price for Blankets and Travelling Rugs in Sri Lanka - 2021

Contents:

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

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

The average blankets and travelling rugs export price stood at $15 per unit in 2022, declining by -26.3% against the previous year. Overall, export price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when the average export price increased by 20% against the previous year. The export price peaked at $20 per unit in 2021, and then declined dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($20 per unit), while the average price for exports to the United Arab Emirates ($11 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 the United States (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average blankets and travelling rugs import price stood at $4 per unit in 2022, increasing by 19% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable descent. The pace of growth was the most pronounced in 2017 when the average import price increased by 32%. As a result, import price reached the peak level of $7.2 per unit. From 2018 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($11 per unit), while the price for China ($2.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+6.6%), while the prices for the other major suppliers experienced a decline.

Exports of Blankets and Travelling Rugs in Sri Lanka

In 2022, overseas shipments of blankets and travelling rugses increased by 144% to 69K units for the first time since 2019, thus ending a two-year declining trend. In general, exports posted measured growth. 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 surged to $1M in 2022. Overall, exports recorded noticeable growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Blankets and Travelling Rugs in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States62.198.3103781132.6%
Germany478168170136-34.2%
United Kingdom8.226.217930.554.9%
France61.725.330.529.3-22.0%
Lebanon16510.05.31.4-79.6%
Oman11.916716.5N/A17.8%
Others12843.754.428.0-39.7%
Total9155395591,0063.2%

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

  1. United States (54.0K units)
  2. Germany (8.2K units)
  3. France (1.7K units)
  4. United Kingdom (1.5K units)
  5. Lebanon (0.1K units)

Imports of Blankets and Travelling Rugs in Sri Lanka

In 2022, overseas purchases of blankets and travelling rugses decreased by -69.8% to 198K units for the first time since 2018, thus ending a three-year rising trend. In general, imports saw a sharp setback. The most prominent rate of growth was recorded in 2020 when imports increased by 32%. Imports peaked at 654K units in 2021, and then shrank markedly in the following year.

In value terms, blankets and travelling rugs imports plummeted to $796K in 2022. Over the period under review, imports showed a dramatic descent. The smallest decline of -2.6% was in 2020. Imports peaked at $2.3M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Blankets and Travelling Rugs in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,3669131,211149-52.2%
United States7041,14518814.7-72.5%
United Arab EmiratesN/A40.515614.6-40.0%
Thailand45.132.814810.0-39.5%
Others22915151760838.5%
Total2,3432,2822,220796-30.2%

Top Suppliers of Blankets and Travelling Rugs to Sri Lanka in 2022:

  1. China (67.4K units)
  2. Thailand (2.5K units)
  3. United States (1.9K units)
  4. United Arab Emirates (1.3K units)

Source: IndexBox Market Intelligence Platform

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