U.S. Narrow Fabric And Schiffli Machine Embroidery Market. Analysis And Forecast to 2030
Narrow Fabric Market in the USA - Key Insights
IndexBox has just published a new report, the U.S. Narrow Fabric And Schiffli Machine Embroidery Market. Analysis And Forecast to 2025. Here is a summary of the report's key findings.
The revenue of the narrow fabric market in the U.S. amounted to $X in 2018, increasing by X% against the previous year. 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). The market value increased at an average annual rate of +X% from 2013 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded over the period under review. The pace of growth appeared the most rapid in 2017, when it surged by X% against the previous year. Narrow fabric consumption peaked in 2018, and is expected to retain its growth in the near future.
Narrow Fabric Production in the USA
In value terms, narrow fabric production totaled $X in 2018. Over the last decade, narrow fabric production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015, with an increase of X% y-o-y. In that year, narrow fabric production attained its peak level of $X. From 2016 to 2018, narrow fabric production growth remained at a somewhat lower figure.
Exports from the USA
Narrow fabric exports from the U.S. stood at X tonnes in 2018, waning by -X% against the previous year. In general, narrow fabric exports continue to indicate a measured downturn.
In value terms, narrow fabric exports stood at $X (IndexBox estimates) in 2018. Over the period under review, narrow fabric exports continue to indicate a mild deduction. In that year, narrow fabric exports attained their peak of $X. From 2015 to 2018, the growth of narrow fabric exports remained at a lower figure.
Exports by Country
Nicaragua (X tonnes), Haiti (X tonnes) and China (X tonnes) were the main destinations of narrow fabric exports from the U.S., together comprising X% of total exports. These countries were followed by Honduras, Germany, Brazil, South Korea, India, the UK, Malaysia, Australia and Japan, which together accounted for a further X%.
From 2013 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Malaysia, while the other leaders experienced more modest paces of growth.
In value terms, Nicaragua ($X), Haiti ($X) and China ($X) constituted the largest markets for narrow fabric exported from the U.S. worldwide, with a combined X% share of total exports. These countries were followed by Germany, South Korea, Honduras, Brazil, the UK, Japan, Australia, Malaysia and India, which together accounted for a further X%.
Export Prices by Country
The average narrow fabric export price stood at $X per kg in 2018, leveling off at the previous year. Overall, the narrow fabric export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017, when the average export price increased by X% year-to-year. Export price peaked at $X per kg in 2014; however, from 2015 to 2018, export prices failed to regain their momentum.
Export prices varied noticeably by the country of destination; the country with the highest export price was the UK ($X per kg), while the average price for exports to India ($X per kg) was amongst the lowest.
From 2013 to 2018, the most notable rate of growth in terms of export prices was recorded for supplies to Germany, while the export prices for the other major destinations experienced more modest paces of growth.
Imports into the USA
In 2018, the amount of narrow fabrics and schiffli machine embroidery imported into the U.S. stood at X tonnes, going up by X% against the previous year. The total import volume increased at an average annual rate of +X% over the period from 2013 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being observed over the period under review.
In value terms, narrow fabric imports amounted to $X (IndexBox estimates) in 2018.
Imports by Country
In 2018, China (X tonnes) constituted the largest narrow fabric supplier to the U.S., with a X% share of total imports. Moreover, narrow fabric imports from China exceeded the figures recorded by the second largest supplier, Taiwan, Chinese (X tonnes), threefold. The third position in this ranking was occupied by South Korea (X tonnes), with a X% share.
From 2013 to 2018, the average annual rate of growth in terms of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan, Chinese (-X% per year) and South Korea (+X% per year).
In value terms, China ($X), Taiwan, Chinese ($X) and Germany ($X) appeared to be the largest narrow fabric suppliers to the U.S., together accounting for X% of total imports.
Import Prices by Country
In 2018, the average narrow fabric import price amounted to $X per kg, stabilizing at the previous year. Overall, the narrow fabric import price, however, continues to indicate a slight contraction.
Import prices varied noticeably by the country of origin; the country with the highest import price was Germany ($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 import prices was attained by Italy, while the import prices for the other major suppliers experienced a decline.
Companies Mentioned in the Report
Velcro USA, Southern Weaving Company, A & P Technology, Bally Ribbon Mills, Johnston-Morehouse-Dickey Co., Rhode Island Textile Company, McMichael Mills, Efa, Impact Innovations, Carolina Narrow Fabric Company, Murdock Webbing Company, Offray Specialty Narrow Fabrics, Bates Rubber, Lawrence Schiff Silk Mills, Atkins & Pearce, Dunn Manufacturing, Simplicity Creative Group, Ribbon Webbing Corporation, Carolace Embroidery Co, Labeltex Mills, Velcro, AEC Virginia, General Shoe Lace Company, U S Label Corporation, Worldtex, Continental Ticking Corporation of America, Carlcraft Knit Sales, Remier Narrow Fabrics, Keystone Textile, Narroflex, Gafftech
Source: IndexBox AI Platform
This report provides an in-depth analysis of the narrow 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 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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