Russian Federation: Blanket Market 2024

Blanket Market Size in the Russian Federation

In 2022, the Russian blanket market increased by X% to $X, rising for the third year in a row after two years of decline. In general, consumption, however, recorded a abrupt setback. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Blanket Production in the Russian Federation

In value terms, blanket production contracted to $X in 2022 estimated in export price. Over the period under review, production, however, saw a abrupt setback. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Blanket production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Blanket Exports

Exports from the Russian Federation

In 2022, overseas shipments of blankets and traveling rugs (except electric blankets) decreased by X% to X units for the first time since 2017, thus ending a four-year rising trend. Over the period under review, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2013 when exports increased by X%. Over the period under review, the exports reached the maximum at X units in 2021, and then dropped in the following year.

In value terms, blanket exports plummeted to $X in 2022. In general, exports, however, enjoyed buoyant growth. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2021, and then fell notably in the following year.

Exports by Country

Kazakhstan (X units), Ukraine (X units) and Belarus (X units) were the main destinations of blanket exports from Russia, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Ukraine (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for blanket exported from Russia were Belarus ($X), Kazakhstan ($X) and Ukraine ($X), together comprising X% of total exports.

Ukraine, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average blanket export price amounted to $X per unit, reducing by X% against the previous year. In general, the export price saw a deep downturn. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 Armenia ($X per unit), while the average price for exports to Mongolia ($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 Armenia (X%), while the prices for the other major destinations experienced a decline.

Blanket Imports

Imports into the Russian Federation

After two years of growth, supplies from abroad of blankets and traveling rugs (except electric blankets) decreased by X% to X units in 2022. In general, imports showed a abrupt descent. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, blanket imports declined to $X in 2022. Overall, imports saw a abrupt downturn. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of blanket to Russia, with a X% share of total imports. Moreover, blanket imports from China exceeded the figures recorded by the second-largest supplier, Ukraine (X units), sevenfold. The third position in this ranking was held by Thailand (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (X% per year) and Thailand (X% per year).

In value terms, China ($X) constituted the largest supplier of blankets and traveling rugs (except electric blankets) to Russia, comprising X% of total imports. The second position in the ranking was held by Ukraine ($X), with a X% share of total imports. It was followed by India, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (X% per year) and India (X% per year).

Import Prices by Country

The average blanket import price stood at $X per unit in 2022, declining by X% against the previous year. Overall, the import price recorded a abrupt downturn. The pace of growth was the most pronounced in 2021 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per unit), while the price for Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :