U.S. Knit Fabric Market. Analysis And Forecast to 2030
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View PricingKnit Fabric Price in the United States - 2023
Contents:
- Knit Fabric Price in the United States (CIF) - 2023
- Knit Fabric Price in the United States (FOB) - 2023
- Knit Fabric Imports in the United States
- Knit Fabric Exports in the United States
Knit Fabric Price in the United States (CIF) - 2023
In August 2023, the average knit fabric import price amounted to $5,803 per ton, approximately mirroring the previous month. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 10% against the previous month. Over the period under review, average import prices reached the maximum at $6,188 per ton in November 2022; however, from December 2022 to August 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($10,939 per ton), while the price for China ($3,504 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Mexico (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Knit Fabric Price in the United States (FOB) - 2023
The average knit fabric export price stood at $10,632 per ton in August 2023, with an increase of 3.4% against the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 when the average export price increased by 8% month-to-month. As a result, the export price attained the peak level of $11,830 per ton. From April 2023 to August 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was El Salvador ($15,949 per ton), while the average price for exports to China ($6,372 per ton) 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 El Salvador (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.
Knit Fabric Imports in the United States
In 2022, overseas purchases of knit fabrics decreased by -6.4% to 209K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +5.9% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2020 when imports increased by 14% against the previous year.
In value terms, knit fabric imports rose significantly to $1.2B in 2022. The total import value increased at an average annual rate of +8.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 22%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Knit Fabric in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 321 | 272 | 293 | 278 | -4.7% |
| India | 76.2 | 95.3 | 176 | 259 | 50.4% |
| South Korea | 154 | 126 | 162 | 191 | 7.4% |
| Israel | 73.1 | 86.2 | 80.2 | 114 | 16.0% |
| Canada | 60.3 | 55.1 | 54.1 | 57.1 | -1.8% |
| Taiwan (Chinese) | 48.7 | 42.8 | 51.4 | 53.5 | 3.2% |
| Italy | 43.2 | 30.8 | 45.8 | 44.2 | 0.8% |
| Others | 157 | 142 | 172 | 182 | 5.0% |
| Total | 933 | 850 | 1,035 | 1,178 | 8.1% |
Top Suppliers of Knit Fabric to the United States in 2022:
- China (70.4K tons)
- India (50.6K tons)
- South Korea (33.6K tons)
- Israel (17.5K tons)
- Canada (5.3K tons)
- Taiwan (Chinese) (5.0K tons)
- Italy (4.8K tons)
Knit Fabric Exports in the United States
In 2022, exports of knit fabrics from the United States reached 84K tons, therefore, remained relatively stable against the previous year. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 24% against the previous year.
In value terms, knit fabric exports rose significantly to $914M in 2022. The total export value increased at an average annual rate of +2.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 24% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.
| Export of Knit Fabric in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 308 | 251 | 318 | 347 | 4.1% |
| Honduras | 92.7 | 68.6 | 88.5 | 98.0 | 1.9% |
| Guatemala | 70.4 | 67.9 | 77.3 | 87.7 | 7.6% |
| Nicaragua | 80.1 | 52.7 | 66.0 | 78.9 | -0.5% |
| Dominican Republic | 51.0 | 37.6 | 53.5 | 63.2 | 7.4% |
| El Salvador | 62.7 | 36.9 | 49.1 | 47.6 | -8.8% |
| Canada | 53.5 | 44.6 | 46.2 | 45.6 | -5.2% |
| Others | 128 | 111 | 134 | 146 | 4.5% |
| Total | 847 | 670 | 833 | 914 | 2.6% |
Top Export Markets for Knit Fabric from the United States in 2022:
- Mexico (36.9K tons)
- Honduras (9.3K tons)
- Guatemala (7.4K tons)
- Nicaragua (5.2K tons)
- Canada (5.1K tons)
- Dominican Republic (4.4K tons)
- El Salvador (3.7K tons)
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 2030.
Product coverage:
- NAICS 313240 - Knit fabric mills
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:
- 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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This report provides an in-depth analysis of the knit fabric market in the U.S..
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This report provides an in-depth analysis of the nonwoven fabric market in the U.S..
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This report provides an in-depth analysis of the knit fabric market in the U.S..
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This report provides an in-depth analysis of the broadwoven fabric market in the U.S..
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This report provides an in-depth analysis of the coated fabric market in the U.S..
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This report provides an in-depth analysis of the market for fiber, yarn, and thread in the U.S..
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In 2018, the revenue of the U.S. knit fabric market rose 2.6% and reached $2B, due to accelerated growth of imports.
204
In July 2023, the price of Broadwoven Fabric was $1.1 per square meter (CIF, US), representing a -5.6% decrease compared to the previous month.
632
Broadwoven fabric imports into the U.S. amounted to 9.2K tons in 2018, surging by 2.9% against the previous year.
178
Imports of Coated Fabric failed to regain momentum from September to October 2023, with a value of $133M in October.
222
The value of imports for Coated Fabric experienced a slight decline, reaching $124M in May 2023.
248
In January 2023, the price of coated fabric per square meter (CIF, US) was $1.7, showing a 2.3% increase from the previous month.
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The revenue of the coated fabric market in the U.S. amounted to $4.5B in 2018, picking up by 4.6% against the...
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The U.S. takes a X% share (based on USD) of global coated fabric exports, which put it in second place, following China (X>
951
In 2017, the U.S. fiber, yarn, and thread market value totalled $X in wholesale prices. Over the last year, the market turned upward by X%, after contracting the previous two years.
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The imports of Narrow Fabric decreased slightly to $99M in July 2023 in terms of value.
