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U.S. Knit Fabric Market. Analysis And Forecast to 2025
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Article Publishing Date: Sep 10, 2019

U.S. Knit Fabric Market Rose 2.6% and Reached $2B

IndexBox has just published a new report: 'U.S. Knit Fabric Market. Analysis And Forecast to 2025'. Here is a summary of the report's key findings.

In 2018, the revenue of the U.S. knit fabric market rose X% and reached $X, due to accelerated growth of imports. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). 

Over the period under review, knit fabric consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. In that year, the knit fabric market reached its peak level of $X. From 2015 to 2018, the growth of the knit fabric market remained at a somewhat lower figure.

Knit Fabric Production in the U.S.

U.S. knit fabric production amounted to X tonnes in 2018,  -X% against the previous year. Overall, knit fabric production continues to indicate an abrupt downturn. Over the period under review, knit fabric production attained its maximum volume at X tonnes in 2013; however, from 2014 to 2018, production stood at a somewhat lower figure.

In value terms, knit fabric production totaled $X in 2018.

Exports from the U.S.

In 2018, approx. X tonnes of knit fabrics were exported from the U.S.; declining by -X% against the previous year. In general, knit fabric exports continue to indicate a dramatic slump. The pace of growth was the most pronounced in 2018 when exports decreased by -X% year-to-year. Over the period under review, knit fabric exports reached their maximum at X tonnes in 2013; however, from 2014 to 2018, exports stood at a somewhat lower figure.

In value terms, knit fabric exports stood at $X (IndexBox estimates) in 2018. In general, knit fabric exports continue to indicate a drastic decrease. The pace of growth was the most pronounced in 2018 when exports decreased by -X% y-o-y. Exports peaked at $X in 2013; however, from 2014 to 2018, exports failed to regain their momentum.

Exports by Country

Nicaragua (X tonnes), Honduras (X tonnes) and Guatemala (X tonnes) were the main destinations of knit fabric exports from the U.S., together accounting for X% of total exports. Mexico, France, El Salvador, the Dominican Republic, Colombia, Australia, Chile and China lagged somewhat behind, together accounting for a further X%.

From 2013 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Australia, while the other leaders experienced more modest paces of growth.

In value terms, Honduras ($X), Nicaragua ($X) and Mexico ($X) were the largest markets for knit fabric exported from the U.S. worldwide, with a combined X% share of total exports. These countries were followed by Guatemala, El Salvador, Colombia, the Dominican Republic, Australia, France, China and Chile, which together accounted for a further X%.

Among the main countries of destination, Australia experienced the highest growth rate of exports, over the last five-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average knit fabric export price stood at $X per tonne in 2018, remaining constant against the previous year. Over the last five years, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2014 when the average export price increased by X% y-o-y. Over the period under review, the average export prices for knit fabrics reached their peak figure in 2018 and is expected to retain its growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was China ($X per tonne), while the average price for exports to France ($X per tonne) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador, while the prices for the other major destinations experienced more modest paces of growth.

Imports into the U.S.

In 2018, approx. X tonnes of knit fabrics were imported into the U.S.; increasing by X% against the previous year. Over the period under review, knit fabric imports, however, continue to indicate a mild decline. The most prominent rate of growth was recorded in 2014 when imports increased by X% year-to-year. Over the period under review, knit fabric imports attained their peak figure at X tonnes in 2016; however, from 2017 to 2018, imports failed to regain their momentum.

In value terms, knit fabric imports totaled $X (IndexBox estimates) in 2018. Overall, knit fabric imports, however, continue to indicate a temperate deduction. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. Imports peaked at $X in 2015; however, from 2016 to 2018, imports failed to regain their momentum.

Imports by Country

China (X tonnes), India (X tonnes) and Israel (X tonnes) were the main suppliers of knit fabric imports to the U.S., together accounting for X% of total imports.

From 2013 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by India, while the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of knit fabric to the U.S., comprising X% of total knit fabric imports. The second position in the ranking was occupied by Israel ($X), with a X% share of total imports. It was followed by India, with a X% share.

From 2013 to 2018, the average annual growth rate of value from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Israel (+X% per year) and India (+X% per year).

Import Prices by Country

The average knit fabric import price stood at $X per tonne in 2018, dropping by -X% against the previous year. Overall, the knit fabric import price continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2015 when the average import price increased by X% y-o-y. Over the period under review, the average import prices for knit fabrics attained their maximum at $X per tonne in 2013; however, from 2014 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Taiwan, Chinese ($X per tonne), while the price for India ($X per tonne) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of prices was attained by Taiwan, Chinese, while the prices for the other major suppliers experienced more modest paces of growth.

Companies Mentioned in the Report

Guilford Mills, Siny Corp., McMurray Fabrics, Ssm Industries, Fisher Textiles, Hornwood, Jif-Pak Manufacturing, Adele Knits, Commonwealth Home Fashion, Fab Industries Corp., Metritek Corporation, The Tenenblatt Corporation, Gehring Tricot Corporation, Rebtex, Westchester Lace & Textiles, Mocaro Industries, Albahealth, McComb Mill Manufacturing Company, Lace Lastics Company, Clover Knits, Mohican Mills, Sas Textiles, Somerset Industries, Charbert, Hampton Industries

Source: IndexBox Platform

Product coverage:
• NAICS 313240 - Knit fabric mills

This report provides an in-depth analysis of the knit fabric market 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 2025.


Companies mentioned:
• Guilford Mills
• Siny Corp.
• McMurray Fabrics
• Ssm Industries
• Fisher Textiles
• Hornwood
• Jif-Pak Manufacturing
• Adele Knits
• Commonwealth Home Fashion
• Fab Industries Corp.
• Metritek Corporation
• The Tenenblatt Corporation
• Gehring Tricot Corporation
• Rebtex
• Westchester Lace & Textiles
• Mocaro Industries
• Albahealth
• McComb Mill Manufacturing Company
• Lace Lastics Company
• Clover Knits
• Mohican Mills
• Sas Textiles
• Somerset Industries
• Charbert
• Hampton Industries

Country coverage:
• USA

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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2013–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2013–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2013–2020
Table 3:
Market Value, 2013–2020
Table 4:
Per Capita Consumption In 2013-2020
Table 5:
Imports, In Physical Terms, By Country, 2013–2020
Table 6:
Imports, In Value Terms, By Country, 2013–2020
Table 7:
Import Prices, By Country Of Origin, 2013–2020
Table 8:
Exports, In Physical Terms, By Country, 2013–2020
Table 9:
Exports, In Value Terms, By Country, 2013–2020
Table 10:
Export Prices, By Country Of Destination, 2013–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2013–2020
Figure 2:
Market Value, 2013–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2013-2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2013-2020
Figure 5:
Trade Balance, In Physical Terms, 2013-2020
Figure 6:
Trade Balance, In Value Terms, 2013-2020
Figure 7:
Per Capita Consumption, 2013-2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2013–2020
Figure 21:
Production, In Value Terms, 2013–2020
Figure 22:
Imports, In Physical Terms, 2013–2020
Figure 23:
Imports, In Value Terms, 2013–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2013–2020
Figure 26:
Imports, In Value Terms, By Country, 2013–2020
Figure 27:
Import Prices, By Country Of Origin, 2013–2020
Figure 28:
Exports, In Physical Terms, 2013–2020
Figure 29:
Exports, In Value Terms, 2013–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2013–2020
Figure 32:
Exports, In Value Terms, By Country, 2013–2020
Figure 33:
Export Prices, By Country Of Destination, 2013–2020

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