Price for Blankets and Travelling Rugs in Thailand - 2023

Price for Blankets and Travelling Rugs in Thailand (CIF) - 2023

In September 2023, the average blankets and travelling rugs import price amounted to $2.1 per unit, declining by -11.9% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in May 2023 an increase of 42% month-to-month. Over the period under review, average import prices attained the peak figure at $2.7 per unit in February 2023; however, from March 2023 to September 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($2.1 per unit), while the price for South Korea ($518 per thousand units) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by South Korea (+2.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average blankets and travelling rugs export price amounted to $3.2 per unit, waning by -13.8% against the previous year. Over the period under review, the export price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2016 an increase of 21%. Over the period under review, the average export prices attained the maximum at $7.5 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($6.1 per unit), while the average price for exports to Cambodia ($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 Myanmar (+20.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Blankets and Travelling Rugs in Thailand

In 2022, overseas purchases of blankets and travelling rugses decreased by -14.5% to 6.4M units for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +11.4% 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 +38.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 30% against the previous year. As a result, imports attained the peak of 7.5M units, and then contracted in the following year.

In value terms, blankets and travelling rugs imports contracted to $15M in 2022. Overall, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 14% against the previous year. Imports peaked at $19M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Blankets and Travelling Rugs in Thailand (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	17.4	12.6	14.1	12.0	-11.6%
South Korea	0.3	0.2	0.3	0.5	18.6%
Others	1.1	0.9	1.2	2.2	26.0%
Total	18.7	13.8	15.7	14.7	-7.7%

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

China (6.2M units)
South Korea (0.1M units)

Exports of Blankets and Travelling Rugs in Thailand

In 2022, overseas shipments of blankets and travelling rugses decreased by -2.2% to 4.8M units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 84%. As a result, the exports attained the peak of 4.9M units, and then declined in the following year.

In value terms, blankets and travelling rugs exports fell dramatically to $15M in 2022. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 46%. As a result, the exports attained the peak of $18M, and then fell dramatically in the following year.

Export of Blankets and Travelling Rugs in Thailand (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	663	945	3,204	2,625	58.2%
Cambodia	658	1,312	2,967	1,647	35.8%
Germany	992	1,176	1,644	1,590	17.0%
Myanmar	74.2	435	708	1,025	139.9%
Mexico	724	649	676	805	3.6%
Chile	845	697	818	749	-3.9%
Brazil	95.5	145	86.4	590	83.5%
Poland	476	123	553	576	6.6%
United Kingdom	344	266	310	473	11.2%
Spain	250	222	440	464	22.9%
Italy	359	56.7	524	315	-4.3%
Malaysia	88.0	131	196	308	51.8%
Lao People's Democratic Republic	511	192	219	190	-28.1%
Others	8,694	5,876	5,503	3,681	-24.9%
Total	14,774	12,226	17,851	15,039	0.6%