U.S. Textile Bag And Canvas Market. Analysis And Forecast to 2030
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View PricingPrice for Textile Bag and Canvas in the United States - 2023
Contents:
- Price for Textile Bag and Canvas in the United States (CIF) - 2023
- Price for Textile Bag and Canvas in the United States (FOB) - 2023
- Imports of Textile Bag and Canvas in the United States
- Exports of Textile Bag and Canvas in the United States
Price for Textile Bag and Canvas in the United States (CIF) - 2023
In August 2023, the average textile bag and canvas import price amounted to $4.4 per unit, growing by 2.2% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in January 2023 when the average import price increased by 7.2% month-to-month. Over the period under review, average import prices reached the peak figure at $4.5 per unit in March 2023; however, from April 2023 to August 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Cambodia ($6.7 per unit), while the price for China ($3.8 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Cambodia (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Textile Bag and Canvas in the United States (FOB) - 2023
In August 2023, the average textile bag and canvas export price amounted to $10.8 per unit, falling by -13.1% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in September 2022 when the average export price increased by 27% against the previous month. Over the period under review, the average export prices reached the maximum at $12.4 per unit in July 2023, and then declined in the following month.
There were significant differences in the average prices for the major foreign markets. In August 2023, the country with the highest price was Canada ($16.3 per unit), while the average price for exports to France ($2.8 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+2.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Textile Bag and Canvas in the United States
Textile bag and canvas imports into the United States rose sharply to 636M units in 2022, growing by 8% on the previous year's figure. Over the period under review, imports showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 101%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, textile bag and canvas imports totaled $2.7B in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +11.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 39%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the immediate term.
| Import of Textile Bag and Canvas in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,091 | 881 | 1,219 | 1,234 | 4.2% |
| India | 251 | 240 | 348 | 388 | 15.6% |
| Vietnam | 100 | 147 | 189 | 202 | 26.4% |
| Bangladesh | 108 | 114 | 189 | 192 | 21.1% |
| Mexico | 107 | 119 | 145 | 166 | 15.8% |
| Cambodia | 21.0 | 48.3 | 84.9 | 113 | 75.2% |
| Others | 258 | 260 | 335 | 395 | 15.3% |
| Total | 1,937 | 1,810 | 2,510 | 2,689 | 11.6% |
Top Suppliers of Textile Bag and Canvas to the United States in 2022:
- China (326.4M units)
- India (89.0M units)
- Vietnam (53.8M units)
- Bangladesh (39.7M units)
- Mexico (34.0M units)
- Cambodia (19.9M units)
Exports of Textile Bag and Canvas in the United States
Textile bag and canvas exports from the United States stood at 32M units in 2022, growing by 14% compared with 2021 figures. Over the period under review, exports showed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 291%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in years to come.
In value terms, textile bag and canvas exports expanded rapidly to $375M in 2022. The total export value increased at an average annual rate of +10.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 18% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Textile Bag and Canvas in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 76.9 | 84.0 | 96.2 | 116 | 14.7% |
| Canada | 54.5 | 61.6 | 85.4 | 90.6 | 18.5% |
| Dominican Republic | 8.7 | 8.4 | 11.9 | 15.2 | 20.4% |
| Costa Rica | 6.1 | 6.3 | 8.0 | 10.7 | 20.6% |
| Poland | 1.4 | 1.2 | 2.7 | 10.3 | 94.5% |
| Ireland | 5.6 | 4.1 | 3.5 | 5.2 | -2.4% |
| France | 1.9 | 2.1 | 2.6 | 3.9 | 27.1% |
| Others | 122 | 121 | 130 | 124 | 0.5% |
| Total | 277 | 289 | 340 | 375 | 10.6% |
Top Export Markets for Textile Bag and Canvas from the United States in 2022:
- Mexico (12.5M units)
- Canada (5.7M units)
- Dominican Republic (1.1M units)
- France (0.9M units)
- Poland (0.7M units)
- Costa Rica (0.7M units)
- Ireland (0.5M units)
This report provides an in-depth analysis of the market for textile bag and canvas in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- NAICS 314910 - Textile bag and canvas mills
Companies mentioned:
- Dhs Systems
- Rainier Industries
- Covercraft Industries
- Duluth Trading Company
- North Sails Group
- J & M Industries
- Anchor Industries
- Thomas Sign and Awning Company
- Holland Awning
- Outdoor Research
- Hdt Expeditionary Systems
- Veada Industries
- C. R. Daniels
- Bestop
- Starr Aircraft Products
- ADM Corporation
- Kenneth Fox Supply Company
- Polytex Fibers
- Adco Products
- Marine Accessories Corporation
- Gleason Corporation
- Webasto-Edscha Cabrio USA
- Outdoor Venture Corporation
- Magna Car Top Systems of America
- Mpc Group
- Ajr Enterprises
- Targus Group International
- Bluewater Defense
- Mondi Bags Usa
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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