Top Exporters for Blankets and Travelling Rugs imported by Germany (2016-22) (HS CODE 6301)

Germany Imports Growth Rate (2016-22) for Blankets and Travelling Rugs (HS CODE 6301)

Germany Import’s (2022) Market Share for Blankets and Travelling Rugs (HS CODE 6301)

Overview:

The German market for blankets and travelling rugs has shown steady growth from 2016 to 2022, with the total import value increasing from $165.11 million to $234.93 million. Despite a slight decline in 2019, the market rebounded strongly, particularly in 2021 and 2022, indicating a growing demand for these products.

China: China remains the leading exporter to Germany, with exports rising from $110.03 million in 2016 to $160.99 million in 2022, representing a growth rate of 6.5%. China’s dominance in the market is evident, as it consistently maintains the highest export values, peaking in 2022.

Türkiye: Türkiye’s exports to Germany have shown significant growth, rising from $7.56 million in 2016 to $12.97 million in 2022. This represents a growth rate of 9.4%. Türkiye’s increasing export values highlight its growing role and competitiveness in the German market.

Italy: Italy’s exports have fluctuated over the years but overall have grown from $4.81 million in 2016 to $6.33 million in 2022, representing a growth rate of 4.7%. Italy’s presence in the market is stable, contributing to the diversity of suppliers in Germany.

India’s Position:

In 2022, exports of blankets and travelling rugs to Germany reached $13.90 million, a rise from $8.36 million in 2016, showcasing a consistent growth trend. Despite this progress, India's market share in Germany stands at about 5.92%, indicating room for further expansion in this competitive market. With Germany's import market continuing to show resilience, India has the potential to enhance its presence and tap into new opportunities in this key European sector.