U.S. Coated Fabric Market. Analysis And Forecast to 2030
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View PricingPrice of Coated Fabric in US Rises to $1.7/sq.m.,
U.S. Coated Fabric Import Price in January 2023
In January 2023, the coated fabric price amounted to $1.7 per square meter (CIF, US), increasing by 2.3% against the previous month. Over the period from January 2022 to January 2023, it increased at an average monthly rate of +1.7%. The pace of growth appeared the most rapid in June 2022 an increase of 33% against the previous month. The import price peaked at $1.8 per square meter in October 2022; however, from November 2022 to January 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Canada ($2.9 per square meter), while the price for India ($375 per thousand square meters) was amongst the lowest.
From January 2022 to January 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.
U.S. Coated Fabric Imports
In January 2023, after five months of decline, there was significant growth in overseas purchases of coated fabrics, when their volume increased by 14% to 77M square meters. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in May 2022 with an increase of 49% against the previous month. As a result, imports attained the peak of 143M square meters. From June 2022 to January 2023, the growth of imports remained at a somewhat lower figure.
In value terms, coated fabric imports surged to $132M (IndexBox estimates) in January 2023. Overall, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in May 2022 when imports increased by 17% against the previous month. As a result, imports attained the peak of $161M. From June 2022 to January 2023, the growth of imports remained at a somewhat lower figure.
U.S. Coated Fabric Imports by Country
In January 2023, India (31M square meters) constituted the largest coated fabric supplier to the United States, accounting for a 41% share of total imports. Moreover, coated fabric imports from India exceeded the figures recorded by the second-largest supplier, China (11M square meters), threefold. South Korea (10M square meters) ranked third in terms of total imports with a 14% share.
From January 2022 to January 2023, the average monthly growth rate of volume from India stood at -2.3%. The remaining supplying countries recorded the following average monthly rates of imports growth: China (-0.9% per month) and South Korea (-0.5% per month).
In value terms, the largest coated fabric suppliers to the United States were China ($24M), Canada ($18M) and India ($12M), together comprising 41% of total imports. Germany, Taiwan (Chinese), South Korea, Mexico and Vietnam lagged somewhat behind, together comprising a further 21%.
Among the main suppliers, Germany, with a CAGR of +4.1%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Why Does America See Soaring Prices and Wild Fluctuations in Coated Fabric Costs?
This surge in costs is attributed to the high demand for coated fabric and the low availability of raw materials needed to make it. The upsurge in prices has resulted in higher production costs, leading to an increase in the product's retail cost.
The rising prices represent a challenge for consumers and businesses looking to purchase coated fabric. Businesses have to factor in the rising price of raw materials when deciding whether to make a purchase. Consumers, on the other hand, are likely to feel the pinch as product prices become less transparent and more expensive.
The demand for coated fabric is unlikely to decrease in the near future. This means that the price fluctuations and soaring costs associated with the product will continue to be an issue. The only possible solution is to increase the supply of raw materials necessary in producing coated fabric or to find an alternative material. Until then, companies and consumers will have to deal with the high price of coated fabric in America.
This report provides an in-depth analysis of the coated 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.
Product coverage:
- NAICS 313320 - Fabric coating mills
Companies mentioned:
- Tonoga
- The Haartz Corporation
- Aoc, Schneller
- Beaver Manufacturing Company
- Sika Sarnafil
- Duro-Last
- Shawmut Corporation
- Engineered Polymer Solutions
- Aberdeen Road Company
- Clear Edge Filtration
- Holliston
- Atlas Resin Proppants
- Trelleborg Coated Systems US
- Precision Custom Coatings
- Adell Plastics
- Uniroyal Engineered Products
- Dyna-Mix
- UIC Maintenance & Manufacturing
- Cooley Incorporated
- Fiberite
- Westlake Pvc Corporation
- Dti Leather Solutions
- Bondcote Holdings
- The Adell Corporation
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
