U.S. Coated Fabric Market. Analysis And Forecast to 2025
Coated Fabric Market - U.S. Manufacturers of Coated Fabric Strengthen Their Position on the Mexican Market
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The U.S. takes a 9% share (based on USD) of exports on the global coated fabric market, which put it in second place, following China (37%).
From 2007 to 2014, U.S. coated fabric exports showed mixed dynamics. A significant decline in 2009 continued in 2010 with another 21% drop. The recovery started in 2010 and continued over next five years. In 2015, the U.S. exported 1,513 million USD, which was 3% above the previous year's value.
As U.S. companies improved their positions on overseas markets, domestic manufacturers enjoyed a new growth driver. In 2015, Mexico (62%) was the main destination of U.S. coated fabric exports, followed by Canada (11%). The share exported to Mexico increased (+16 percentage points), while the share sent to Canada illustrated negative dynamics (-7 percentage points) from 2007 to 2015.
From 2007 to 2015, the U.S. was a net exporter of coated fabric. Moreover, exports grew faster than imports on average over the period under review.
Net U.S. exports of coated fabric tracked strong fluctuations over the period under review. Finally, this industry's trade surplus grew to 159 million USD.
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Source: IndexBox AI Platform
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