The global export market for cotton blankets and traveling rugs in 2023 was dominated by China and India, representing a combined share of nearly 60%. Noteworthy growth was seen in countries like Bahrain and Antigua and Barbuda, with significant increases of 41.99% and 82.55%, respectively. However, China experienced a decline of 7.06%, with Switzerland and Singapore also seeing reductions. Consistent growth was recorded over five years in Greece and Uganda, reflecting strong demand and market penetration. Despite fluctuations, Germany, Poland, and the USA maintained stable shares. The emerging trend in South Korea and Latvia underscores potential strategic growth areas.
Future trends to watch include the potential for increased diversification in export sources, particularly within rising markets in South and Southeast Asia. Technological advancements and sustainable practices in manufacturing could influence shifts in dominating country positions. Observing trade policies and geopolitical developments will be crucial in understanding future export dynamics.
Top countries in Export of Blankets and Travelling Rugs of Cotton Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 32.43 | 2023 | -7.72% | -7.06% | View data |
| 2 | 2 India | 27.49 | 2023 | +3.24% | +4.16% | View data |
| 3 | 3 Portugal | 8.32 | 2023 | +3.48% | +2.32% | View data |
| 4 | 4 Germany | 6.26 | 2023 | +0.96% | -0.38% | View data |
| 5 | 5 Pakistan | 6.1 | 2023 | +0.018% | -0.81% | View data |
| 6 | 6 Poland | 4.26 | 2023 | +4.09% | +2.92% | View data |
| 7 | 7 United States | 2.81 | 2023 | +0.36% | +0.79% | View data |
| 8 | 8 United Arab Emirates | 2.77 | 2023 | -1.51% | -2.57% | View data |
| 9 | 9 Austria | 2.53 | 2023 | +1.99% | +2.75% | View data |
| 10 | 10 Italy | 2.32 | 2023 | +2.95% | +3.08% | View data |
