Price for Blankets and Travelling Rugs in South Africa - 2023

Contents:

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

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

In 2022, the average blankets and travelling rugs import price amounted to $4.8 per unit, surging by 16% against the previous year. In general, the import price posted a significant increase. The growth pace was the most rapid in 2016 an increase of 262% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($4 per unit), while the price for Pakistan ($3.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+20.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average blankets and travelling rugs export price amounted to $3.9 per unit, surging by 4.6% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by 190%. As a result, the export price reached the peak level of $5 per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Botswana ($4.2 per unit), while the average price for exports to Malawi ($1.1 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 Botswana (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Blankets and Travelling Rugs in South Africa

In 2022, the amount of blankets and travelling rugses imported into South Africa reduced rapidly to 3.7M units, declining by -20.2% against 2021. Over the period under review, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 44%. Over the period under review, imports attained the peak figure at 5.1M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, blankets and travelling rugs imports contracted to $18M in 2022. The total import value increased at an average annual rate of +1.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 45%. As a result, imports reached the peak of $19M, and then reduced in the following year.

Import of Blankets and Travelling Rugs in South Africa (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China15.612.417.716.00.8%
India0.10.20.30.8100.0%
Pakistan0.30.20.20.30.0%
Others1.00.51.10.9-3.5%
Total17.113.319.418.01.7%

Top Suppliers of Blankets and Travelling Rugs to South Africa in 2022:

  1. China (4.4M units)
  2. India (0.2M units)
  3. Pakistan (0.1M units)

Exports of Blankets and Travelling Rugs in South Africa

In 2022, the amount of blankets and travelling rugses exported from South Africa dropped to 3.4M units, which is down by -5.5% against 2021 figures. The total export volume increased at an average annual rate of +7.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 43%. As a result, the exports reached the peak of 3.6M units, and then contracted in the following year.

In value terms, blankets and travelling rugs exports reduced slightly to $13M in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 40%. Over the period under review, the exports hit record highs at $13M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Blankets and Travelling Rugs in South Africa (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lesotho3.62.23.23.60.0%
Namibia2.82.33.23.35.6%
Botswana2.21.41.91.7-8.2%
Swaziland0.80.91.31.214.5%
Zambia0.90.40.40.6-12.6%
Malawi0.20.20.50.314.5%
Zimbabwe0.30.20.30.2-12.6%
Mozambique0.90.60.50.2-39.4%
Others1.61.11.91.84.0%
Total13.39.413.213.1-0.5%

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

  1. Lesotho (1316.3K units)
  2. Namibia (1111.2K units)
  3. Swaziland (509.3K units)
  4. Botswana (417.1K units)
  5. Malawi (304.8K units)
  6. Zambia (228.7K units)
  7. Mozambique (130.6K units)
  8. Zimbabwe (72.1K units)

Source: IndexBox Market Intelligence Platform

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