Price for Blankets and Travelling Rugs in Serbia - 2023

Contents:

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

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

In 2022, the average blankets and travelling rugs import price amounted to $18 per unit, increasing by 7.6% against the previous year. Overall, the import price continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2020 when the average import price increased by 46% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain 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 Italy ($89 per unit), while the price for North Macedonia ($5.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average blankets and travelling rugs export price amounted to $17 per unit, with a decrease of -3.1% against the previous year. Overall, export price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.9% 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 export price decreased by -20.1% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by 47%. The export price peaked at $21 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($32 per unit), while the average price for exports to Poland ($2.9 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 Montenegro (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Blankets and Travelling Rugs in Serbia

In 2022, approx. 276K units of blankets and travelling rugses were imported into Serbia; which is down by -3.2% against 2021 figures. In general, imports recorded a perceptible downturn. The pace of growth appeared the most rapid in 2021 with an increase of 51% against the previous year. Imports peaked at 302K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, blankets and travelling rugs imports rose slightly to $4.9M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +14.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 58% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Blankets and Travelling Rugs in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,0831,9283,1533,42918.1%
Turkey6526681,1121,00515.5%
India11642.195.817314.3%
North Macedonia28.012.526.630.63.0%
Others404348343290-10.5%
Total3,2832,9984,7304,92714.5%

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

  1. China (181.8K units)
  2. Turkey (64.3K units)
  3. India (12.3K units)
  4. North Macedonia (5.9K units)

Exports of Blankets and Travelling Rugs in Serbia

For the fourth consecutive year, Serbia recorded growth in overseas shipments of blankets and travelling rugses, which increased by 37% to 45K units in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +22.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +85.5% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, blankets and travelling rugs exports skyrocketed to $777K in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +14.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.3% against 2019 indices. 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 Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany83.713516939167.2%
Bosnia and Herzegovina72.721181.586.76.0%
Italy82.02.97.785.81.5%
North Macedonia85.859.678.971.4-5.9%
Lithuania73.174.182.154.7-9.2%
Montenegro32.522.640.427.4-5.5%
PolandN/AN/AN/A15.50%
Greece57.80.233.9N/A-23.4%
Others36.319.292.444.97.3%
Total52452558677714.0%

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

  1. Germany (12.1K units)
  2. Bosnia and Herzegovina (7.9K units)
  3. North Macedonia (7.8K units)
  4. Poland (5.3K units)
  5. Italy (4.0K units)
  6. Lithuania (3.6K units)
  7. Montenegro (1.6K units)

Source: IndexBox Market Intelligence Platform

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