U.S. Other apparel knitting mills Market. Analysis And Forecast to 2030
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View PricingPrice for Knitted Apparel Other than Hosiery, Socks, Outerwear and Undewear in the United States - 2023
Contents:
- Price for Knitted Apparel Other than Hosiery, Socks, Outerwear and Undewear in the United States (CIF) - 2023
- Price for Knitted Apparel Other than Hosiery, Socks, Outerwear and Undewear in the United States (FOB) - 2023
- Imports of Knitted Apparel Other than Hosiery, Socks, Outerwear and Undewear in the United States
- Exports of Knitted Apparel Other than Hosiery, Socks, Outerwear and Undewear in the United States
Price for Knitted Apparel Other than Hosiery, Socks, Outerwear and Undewear in the United States (CIF) - 2023
The average import price for knitted apparel other than hosiery, socks, outerwear and undewear stood at $1.4 per unit in November 2023, almost unchanged from the previous month. Overall, the import price, however, showed a mild slump. The most prominent rate of growth was recorded in June 2023 an increase of 21% m-o-m. The import price peaked at $1.6 per unit in November 2022; however, from December 2022 to November 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Indonesia ($3.2 per unit), while the price for Thailand ($741 per thousand units) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Indonesia (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Knitted Apparel Other than Hosiery, Socks, Outerwear and Undewear in the United States (FOB) - 2023
The average export price for knitted apparel other than hosiery, socks, outerwear and undewear stood at $1.4 per unit in November 2023, falling by -11% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 when the average export price increased by 29% m-o-m. As a result, the export price attained the peak level of $1.7 per unit. From October 2023 to November 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was Canada ($3.4 per unit), while the average price for exports to Mexico ($523 per thousand units) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+1.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Knitted Apparel Other than Hosiery, Socks, Outerwear and Undewear in the United States
In 2022, supplies from abroad of knitted apparel other than hosiery, socks, outerwear and undewear increased by 11% to 621M units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a perceptible decrease. Over the period under review, imports of reached the maximum at 672M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of knitted apparel other than hosiery, socks, outerwear and undewear surged to $974M in 2022. The total import value increased at an average annual rate of +6.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Knitted Apparel Other than Hosiery, Socks, Outerwear and Undewear in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 557 | 400 | 463 | 492 | -4.1% |
| Vietnam | 69.4 | 69.4 | 87.6 | 152 | 29.9% |
| Bangladesh | 29.7 | 32.3 | 47.4 | 96.1 | 47.9% |
| Cambodia | 4.4 | 16.0 | 21.9 | 27.3 | 83.8% |
| Indonesia | 10.3 | 15.5 | 18.0 | 25.0 | 34.4% |
| Thailand | 13.0 | 13.5 | 10.1 | 13.7 | 1.8% |
| Others | 132 | 151 | 155 | 168 | 8.4% |
| Total | 816 | 698 | 804 | 974 | 6.1% |
Top Suppliers of Knitted Apparel Other than Hosiery, Socks, Outerwear and Undewear to the United States in 2022:
- China (410.1M units)
- Vietnam (65.7M units)
- Bangladesh (54.7M units)
- Cambodia (16.8M units)
- Thailand (13.9M units)
- Indonesia (10.1M units)
Exports of Knitted Apparel Other than Hosiery, Socks, Outerwear and Undewear in the United States
In 2022, the amount of knitted apparel other than hosiery, socks, outerwear and undewear exported from the United States dropped notably to 264M units, with a decrease of -40.7% on the year before. Overall, exports showed a abrupt setback. The growth pace was the most rapid in 2021 when exports increased by 108%. As a result, the exports attained the peak of 445M units, and then fell dramatically in the following year.
In value terms, exports of knitted apparel other than hosiery, socks, outerwear and undewear declined notably to $248M in 2022. In general, exports faced a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 75% against the previous year. As a result, the exports reached the peak of $510M, and then shrank sharply in the following year.
| Export of Knitted Apparel Other than Hosiery, Socks, Outerwear and Undewear in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 70.1 | 61.6 | 72.3 | 98.9 | 12.2% |
| Mexico | 19.8 | 22.9 | 49.5 | 61.1 | 45.6% |
| Nicaragua | 195 | 141 | 234 | 28.5 | -47.3% |
| Honduras | 52.4 | 20.2 | 52.7 | 6.9 | -49.1% |
| Guatemala | 4.0 | 9.7 | 32.9 | 3.9 | -0.8% |
| Dominican Republic | 0.4 | 0.4 | 0.5 | 1.1 | 40.1% |
| Others | 41.4 | 35.9 | 68.1 | 47.5 | 4.7% |
| Total | 383 | 292 | 510 | 248 | -13.5% |
Top Export Markets for Knitted Apparel Other than Hosiery, Socks, Outerwear and Undewear from the United States in 2022:
- Mexico (167.7M units)
- Canada (33.3M units)
- Nicaragua (29.7M units)
- Honduras (7.5M units)
- Dominican Republic (4.9M units)
- Guatemala (3.7M units)
This report provides an in-depth analysis of the market for knitted apparel other than hosiery, socks, outerwear and undewear 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 315190 - Other apparel knitting mills
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
116
This report provides an in-depth analysis of the market for knitted apparel other than hosiery, socks, outerwear and undewear in the U.S..
830
This report provides an in-depth analysis of the apparel accessory market in the U.S..
1716
This report provides an in-depth analysis of the hosiery and sock market in the U.S..
1309
This report provides an in-depth analysis of the menswear market in the U.S..
673
This report provides an in-depth analysis of the women's apparel market in the U.S..
116
This report provides an in-depth analysis of the market for knitted apparel other than hosiery, socks, outerwear and undewear in the U.S..
830
This report provides an in-depth analysis of the apparel accessory market in the U.S..
1716
This report provides an in-depth analysis of the hosiery and sock market in the U.S..
1309
This report provides an in-depth analysis of the menswear market in the U.S..
673
This report provides an in-depth analysis of the women's apparel market in the U.S..
205
In January 2023, the growth pace of Apparel Accessory was the most rapid, experiencing a month-to-month increase of 19%. In terms of value, imports of Apparel Accessory reached $413M in August 2023.
166
Imports of apparel accessories saw a significant decrease in value in February 2023, falling to $379M.
965
The revenue of the hosiery and sock market in the U.S. amounted to $2.4B in 2018, jumping by 4% against the previous year....
1877
The U.S. dominates in global imports of hosiery and socks, accounting for a X% share (based on USD). It was followed by the UK and Germany (X% each). In 2015, U.S. hosiery and sock imports totaled X billion USD, which was X million USD (X%) more
1367
The hosiery market of today abounds in numerous types of this accessory: textured, footless, printed, opaque, and leggings just to name a few. A current fashion trend is shape and structure perfection.
357
Imports of Menswear in June 2023 amounted to $2.8B in terms of value.
219
In February 2023, the price of menswear per unit (CIF, US) was $4.6, seeing a decrease of -7.9% compared to the previous month.
610
The revenue of the menswear market in the U.S. amounted to $2.9B in 2018, jumping by 5.6% against the previous year....
205
In January 2023, the growth pace of Apparel Accessory was the most rapid, experiencing a month-to-month increase of 19%. In terms of value, imports of Apparel Accessory reached $413M in August 2023.
166
Imports of apparel accessories saw a significant decrease in value in February 2023, falling to $379M.
