Jordan: Blanket Market 2024

Blanket Market Size in Jordan

In 2022, the Jordanian blanket market decreased by X% to $X, falling for the third year in a row after two years of growth. In general, consumption, however, continues to indicate a abrupt decrease. Blanket consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Blanket Production in Jordan

In value terms, blanket production surged to $X in 2022 estimated in export price. Over the period under review, production recorded significant growth. The growth pace was the most rapid in 2018 when the production volume increased by X%. Blanket production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Blanket Exports

Exports from Jordan

After two years of growth, overseas shipments of blankets and traveling rugs (except electric blankets) decreased by X% to X units in 2022. Overall, exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports reached the peak figure at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, blanket exports fell remarkably to $X in 2022. Over the period under review, exports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Palestine (X units) was the main destination for blanket exports from Jordan, with a X% share of total exports. Moreover, blanket exports to Palestine exceeded the volume sent to the second major destination, Egypt (X units), eightfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Palestine was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (X% per year) and Germany (X% per year).

In value terms, Palestine ($X) emerged as the key foreign market for blankets and traveling rugs (except electric blankets) exports from Jordan, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Palestine totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Egypt (X% per year).

Export Prices by Country

The average blanket export price stood at $X per unit in 2022, dropping by X% against the previous year. In general, the export price, however, posted a resilient expansion. The pace of growth was the most pronounced in 2019 an increase of X%. The export price peaked at $X per unit in 2021, and then dropped in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Palestine ($X 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 Israel (X%), while the prices for the other major destinations experienced more modest paces of growth.

Blanket Imports

Imports into Jordan

In 2022, approx. X units of blankets and traveling rugs (except electric blankets) were imported into Jordan; declining by X% compared with the previous year. Overall, imports showed a deep setback. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Imports peaked at X units in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, blanket imports reduced to $X in 2022. Over the period under review, imports faced a abrupt downturn. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Saudi Arabia (X units) and the United Arab Emirates (X units) were the main suppliers of blanket imports to Jordan, with a combined X% share of total imports. Turkey, Lebanon, Spain, India and Pakistan lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Lebanon (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Saudi Arabia ($X) and the United Arab Emirates ($X) were the largest blanket suppliers to Jordan, together accounting for X% of total imports. Turkey, Spain, India, Lebanon and Pakistan lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Lebanon, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average blanket import price stood at $X per unit in 2022, with a decrease of X% against the previous year. In general, the import price, however, recorded a prominent increase. The pace of growth was the most pronounced in 2020 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2021, and then fell modestly in the following year.

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 Pakistan ($X per unit), while the price for Lebanon ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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