Price for Blankets and Travelling Rugs in Hong Kong SAR - 2023
Contents:
- Price for Blankets and Travelling Rugs in Hong Kong SAR (CIF) - 2022
- Price for Blankets and Travelling Rugs in Hong Kong SAR (FOB) - 2022
- Imports of Blankets and Travelling Rugs in Hong Kong SAR
- Exports of Blankets and Travelling Rugs in Hong Kong SAR
Price for Blankets and Travelling Rugs in Hong Kong SAR (CIF) - 2022
The average blankets and travelling rugs import price stood at $20 per unit in 2022, surging by 24% against the previous year. In general, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, blankets and travelling rugs import price increased by +71.1% against 2014 indices. As a result, import price attained 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 Japan ($36 per unit), while the price for China ($9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Blankets and Travelling Rugs in Hong Kong SAR (FOB) - 2022
The average blankets and travelling rugs export price stood at $23 per unit in 2022, jumping by 27% against the previous year. Over the period under review, the export price, however, saw a pronounced decrease. The most prominent rate of growth was recorded in 2015 when the average export price increased by 345%. The export price peaked at $104 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Macao SAR ($51 per unit), while the average price for exports to Cameroon ($6.5 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 Australia (+12.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Blankets and Travelling Rugs in Hong Kong SAR
In 2022, the amount of blankets and travelling rugses imported into Hong Kong SAR fell notably to 678K units, shrinking by -29.7% against 2021. Overall, imports faced a precipitous contraction. The pace of growth was the most pronounced in 2021 with an increase of 5.5%. Over the period under review, imports hit record highs at 1.5M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, blankets and travelling rugs imports contracted to $13M in 2022. Over the period under review, imports recorded a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 21%. Over the period under review, imports reached the maximum at $19M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Blankets and Travelling Rugs in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.3 | 7.8 | 9.2 | 8.2 | -7.3% |
| Japan | 4.6 | 1.0 | 2.0 | 2.2 | -21.8% |
| Australia | 0.9 | 0.3 | N/A | 0.3 | -30.7% |
| Germany | 0.3 | 0.1 | 0.4 | 0.3 | 0.0% |
| Others | 3.4 | 3.4 | 3.6 | 2.2 | -13.5% |
| Total | 19.4 | 12.6 | 15.2 | 13.3 | -11.8% |
Top Suppliers of Blankets and Travelling Rugs to Hong Kong SAR in 2022:
- China (909.5K units)
- Japan (61.0K units)
- Germany (25.9K units)
- Australia (20.6K units)
Exports of Blankets and Travelling Rugs in Hong Kong SAR
Blankets and travelling rugs exports from Hong Kong SAR contracted significantly to 271K units in 2022, dropping by -49% against the previous year's figure. Over the period under review, exports saw a sharp contraction. The pace of growth was the most pronounced in 2021 when exports increased by 22%. The exports peaked at 538K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, blankets and travelling rugs exports dropped remarkably to $6.2M in 2022. Overall, exports recorded a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by 30% against the previous year. As a result, the exports reached the peak of $9.6M, and then reduced remarkably in the following year.
| Export of Blankets and Travelling Rugs in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3,383 | 2,626 | 3,448 | 2,269 | -12.5% |
| China | 920 | 1,045 | 1,632 | 1,074 | 5.3% |
| Japan | 1,296 | 1,205 | 862 | 717 | -17.9% |
| Cameroon | 123 | 436 | 615 | 405 | 48.8% |
| Macao SAR | 193 | 391 | 392 | 258 | 10.2% |
| Taiwan (Chinese) | 115 | 134 | 387 | 255 | 30.4% |
| Australia | 280 | 359 | 383 | 252 | -3.5% |
| Ireland | 0.2 | 0.4 | 320 | 210 | 916.4% |
| Saudi Arabia | 361 | 240 | 6.6 | 129 | -29.0% |
| United Kingdom | 157 | 186 | 157 | 107 | -12.0% |
| South Korea | 98.1 | 45.9 | 143 | 94.3 | -1.3% |
| Angola | 153 | 109 | 68.8 | 70.4 | -22.8% |
| Others | 1,273 | 629 | 1,183 | 385 | -32.9% |
| Total | 8,354 | 7,406 | 9,597 | 6,225 | -9.3% |
Top Export Markets for Blankets and Travelling Rugs from Hong Kong SAR in 2022:
- United States (67.5K units)
- Cameroon (62.4K units)
- China (32.8K units)
- Japan (21.9K units)
- Ireland (16.0K units)
- Angola (9.6K units)
- Taiwan (Chinese) (9.1K units)
- Australia (5.5K units)
- United Kingdom (5.3K units)
- Macao SAR (5.1K units)
- Saudi Arabia (4.5K units)
- South Korea (4.5K units)
296
This report provides an in-depth analysis of the blanket market in Hong Kong SAR, China.
325
This report provides an in-depth analysis of the market for travelling rugs of synthetic fibre in Hong Kong SAR, China.
236
This report provides an in-depth analysis of the travelling wool rug market in Hong Kong SAR, China.
286
This report provides an in-depth analysis of the electric blanket market in Hong Kong SAR, China.
1790
This report provides an in-depth analysis of the global blanket market.
685
This report provides an in-depth analysis of the global market for travelling rugs of synthetic fibre.
635
This report provides an in-depth analysis of the global travelling wool rug market.
994
This report provides an in-depth analysis of the global electric blanket market.
296
This report provides an in-depth analysis of the blanket market in Hong Kong SAR, China.
325
This report provides an in-depth analysis of the market for travelling rugs of synthetic fibre in Hong Kong SAR, China.
1783
In 2016, the amount of blanket imported worldwide totaled X tons, coming up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the p...
3629
In 2016, the amount of blanket imported worldwide totaled X tons, coming up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the p...
1661
China dominates in the global blanket and traveling rug trade. In 2014, China exported X million USD, X% over than the year before. Its primary trading partner was the U.S., where it supplied X% of its total blanket and traveling rug exports in v
1783
In 2016, the amount of blanket imported worldwide totaled X tons, coming up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the p...
3629
In 2016, the amount of blanket imported worldwide totaled X tons, coming up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the p...
1661
China dominates in the global blanket and traveling rug trade. In 2014, China exported X million USD, X% over than the year before. Its primary trading partner was the U.S., where it supplied X% of its total blanket and traveling rug exports in v
