Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in the United States - 2023
Contents:
- Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in the United States (FOB) - 2022
- Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in the United States (CIF) - 2022
- Exports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in the United States
- Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in the United States
Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in the United States (FOB) - 2022
In 2022, the average export price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds amounted to $43,750 per ton, increasing by 22% against the previous year. Overall, the export price enjoyed a strong increase. The pace of growth was the most pronounced in 2020 an increase of 56% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($135,338 per ton), while the average price for exports to Italy ($20,725 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+17.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in the United States (CIF) - 2022
The average import price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds stood at $4,344 per ton in 2022, picking up by 9.4% against the previous year. In general, the import price, however, recorded a slight decrease. The most prominent rate of growth was recorded in 2019 when the average import price increased by 45%. As a result, import price reached the peak level of $7,194 per ton. From 2020 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($5,891 per ton), while the price for Malta ($1,904 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in the United States
In 2022, approx. 1.3K tons of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds were exported from the United States; increasing by 20% on the previous year. In general, exports, however, saw a abrupt setback.
In value terms, exports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds surged to $57M in 2022. Over the period under review, exports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 67% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.
| Export of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Dominican Republic | 0.9 | 0.5 | 9.9 | 15.3 | 157.1% |
| El Salvador | 4.6 | 4.0 | 4.9 | 9.1 | 25.5% |
| Mexico | 9.2 | 5.9 | 8.2 | 6.7 | -10.0% |
| Taiwan (Chinese) | 0.1 | 0.1 | 2.4 | 4.7 | 260.9% |
| Vietnam | 1.8 | 1.5 | 1.7 | 3.3 | 22.4% |
| Nicaragua | 0.2 | 0.2 | 0.2 | 2.8 | 141.0% |
| China | 1.9 | 0.5 | 0.7 | 2.6 | 11.0% |
| Canada | 2.9 | 2.2 | 1.9 | 1.7 | -16.3% |
| Colombia | 2.4 | 1.0 | 0.8 | 1.7 | -10.9% |
| Latvia | 0.2 | 0.4 | 0.6 | 1.2 | 81.7% |
| Italy | 0.4 | 0.3 | 0.8 | 0.7 | 20.5% |
| Philippines | N/A | N/A | 0.5 | 0.6 | 20.0% |
| Australia | 2.6 | 1.9 | 0.1 | N/A | -80.4% |
| Others | 6.8 | 4.7 | 6.2 | 6.3 | -2.5% |
| Total | 34.1 | 23.3 | 38.9 | 56.8 | 18.5% |
Top Export Markets for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted from the United States in 2022:
- Mexico (311.4 tons)
- El Salvador (190.5 tons)
- Dominican Republic (183.3 tons)
- Nicaragua (78.0 tons)
- Canada (74.0 tons)
- Vietnam (69.8 tons)
- China (68.2 tons)
- Colombia (45.1 tons)
- Italy (35.0 tons)
- Taiwan (Chinese) (34.8 tons)
- Latvia (29.3 tons)
- Philippines (19.7 tons)
- Australia (1.8 tons)
Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in the United States
In 2022, overseas purchases of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds decreased by -22.2% to 10K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +7.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 51% against the previous year.
In value terms, imports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds contracted to $43M in 2022. Overall, imports continue to indicate a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 8.4%.
| Import of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 45.5 | 36.7 | 41.8 | 33.6 | -9.6% |
| Taiwan (Chinese) | 7.9 | 6.0 | 4.6 | 4.1 | -19.6% |
| Malta | 1.5 | 2.2 | 1.6 | 2.7 | 21.6% |
| Others | 3.1 | 2.1 | 2.9 | 3.0 | -1.1% |
| Total | 57.9 | 46.9 | 50.9 | 43.3 | -9.2% |
Top Suppliers of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted to the United States in 2022:
- China (7.4K tons)
- Malta (1.4K tons)
- Taiwan (Chinese) (0.7K tons)
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