Price for Handkerchiefs (Not Knitted or Crocheted) in the United States - 2023
Contents:
- Price for Handkerchiefs (Not Knitted or Crocheted) in the United States (CIF) - 2022
- Price for Handkerchiefs (Not Knitted or Crocheted) in the United States (FOB) - 2023
- Imports of Handkerchiefs (Not Knitted or Crocheted) in the United States
- Exports of Handkerchiefs (Not Knitted or Crocheted) in the United States
Price for Handkerchiefs (Not Knitted or Crocheted) in the United States (CIF) - 2022
The average import price for handkerchiefs (not knitted or crocheted)s stood at $0.6 per unit in 2022, surging by 11% against the previous year. In general, the import price, however, continues to indicate a slight decline. The growth pace was the most rapid in 2021 an increase of 48% against the previous year. The import price peaked at $0.8 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($1.6 per unit), while the price for China ($0.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+8.1%), while the prices for the other major suppliers experienced a decline.
Price for Handkerchiefs (Not Knitted or Crocheted) in the United States (FOB) - 2023
In September 2023, the average export price for handkerchiefs (not knitted or crocheted)s amounted to $822 per thousand units, reducing by -67.5% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in December 2022 when the average export price increased by 117% m-o-m. The export price peaked at $2.5 per unit in August 2023, and then contracted sharply in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Mexico ($4.4 per unit), while the average price for exports to Canada ($418 per thousand units) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+16.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Handkerchiefs (Not Knitted or Crocheted) in the United States
In 2022, supplies from abroad of handkerchiefs (not knitted or crocheted)s decreased by -0.9% to 56M units, falling for the second year in a row after two years of growth. Overall, imports saw a deep downturn. The pace of growth was the most pronounced in 2020 with an increase of 136% against the previous year. As a result, imports reached the peak of 189M units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, handkerchiefs (not knitted or crocheted) imports expanded rapidly to $34M in 2022. Over the period under review, imports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 56%. As a result, imports reached the peak of $70M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Handkerchiefs (Not Knitted or Crocheted) in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 34.5 | 59.1 | 21.5 | 20.1 | -16.5% |
| India | 3.5 | 5.2 | 4.4 | 3.5 | 0.0% |
| Vietnam | 0.1 | 0.1 | 1.2 | 3.3 | 220.8% |
| Others | 6.6 | 5.5 | 3.8 | 7.2 | 2.9% |
| Total | 44.8 | 69.9 | 30.9 | 34.0 | -8.8% |
Top Suppliers of Handkerchiefs (Not Knitted or Crocheted) to the United States in 2022:
- China (46.2M units)
- India (5.9M units)
- Vietnam (2.1M units)
Exports of Handkerchiefs (Not Knitted or Crocheted) in the United States
In 2022, approx. 1.3M units of handkerchiefs (not knitted or crocheted)s were exported from the United States; with an increase of 59% compared with 2021. In general, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 89% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.
In value terms, handkerchiefs (not knitted or crocheted) exports surged to $1.1M in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +6.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Handkerchiefs (Not Knitted or Crocheted) in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 636 | 552 | 348 | 693 | 2.9% |
| Mexico | 34.0 | 21.7 | 45.7 | 137 | 59.1% |
| Japan | 44.8 | 220 | 93.6 | 130 | 42.6% |
| Italy | 13.8 | 13.9 | 83.8 | 56.9 | 60.4% |
| Others | 185 | 170 | 106 | 81.8 | -23.8% |
| Total | 913 | 978 | 677 | 1,098 | 6.3% |
Top Export Markets for Handkerchiefs (Not Knitted or Crocheted) from the United States in 2022:
- Canada (627.4K units)
- Mexico (279.4K units)
- Japan (250.5K units)
- Italy (48.2K units)
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