Price for Woven Fabrics of Artificial Staple Fibres in the United States - 2023
Contents:
- Price for Woven Fabrics of Artificial Staple Fibres in the United States (CIF) - 2023
- Price for Woven Fabrics of Artificial Staple Fibres in the United States (FOB) - 2022
- Imports of Woven Fabrics of Artificial Staple Fibres in the United States
- Exports of Woven Fabrics of Artificial Staple Fibres in the United States
Price for Woven Fabrics of Artificial Staple Fibres in the United States (CIF) - 2023
In November 2023, the average import price for woven fabrics of artificial staple fibres amounted to $3.1 per square meter, which is down by -13.1% against the previous month. Overall, the import price saw a slight downturn. The pace of growth was the most pronounced in February 2023 an increase of 21% against the previous month. As a result, import price reached the peak level of $4.7 per square meter. From March 2023 to November 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Italy ($18.0 per square meter), while the price for Pakistan ($1.0 per square meter) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Italy (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Woven Fabrics of Artificial Staple Fibres in the United States (FOB) - 2022
In 2022, the average export price for woven fabrics of artificial staple fibres amounted to $33 per square meter, picking up by 27% against the previous year. Over the period under review, the export price recorded a resilient expansion. The growth pace was the most rapid in 2019 when the average export price increased by 42% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($45 per square meter), while the average price for exports to Guatemala ($6.5 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+25.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Woven Fabrics of Artificial Staple Fibres in the United States
In 2022, the amount of woven fabrics of artificial staple fibres imported into the United States contracted to 3.6M square meters, waning by -8.3% compared with the previous year. In general, imports recorded a deep setback. The pace of growth appeared the most rapid in 2021 when imports increased by 20% against the previous year. Over the period under review, imports of attained the maximum at 5.1M square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of woven fabrics of artificial staple fibres fell to $52M in 2022. Over the period under review, imports showed a abrupt setback. The pace of growth was the most pronounced in 2021 when imports increased by 22% against the previous year. Imports peaked at $68M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Woven Fabrics of Artificial Staple Fibres in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 33.3 | 22.1 | 24.0 | 15.4 | -22.7% |
| Italy | 11.8 | 8.1 | 11.4 | 11.0 | -2.3% |
| India | 5.0 | 3.5 | 4.7 | 5.0 | 0.0% |
| South Korea | 2.7 | 1.6 | 2.0 | 3.7 | 11.1% |
| Pakistan | N/A | 0.1 | 1.0 | 2.8 | 429.2% |
| Turkey | 5.1 | 3.0 | 2.4 | 2.7 | -19.1% |
| Belgium | 1.0 | 1.1 | 1.4 | 1.9 | 23.9% |
| Spain | 2.1 | 0.9 | 1.6 | 1.8 | -5.0% |
| Canada | 0.5 | 0.3 | 0.3 | 1.1 | 30.1% |
| Taiwan (Chinese) | 0.6 | 0.3 | 0.4 | 0.7 | 5.3% |
| Others | 6.2 | 3.8 | 5.7 | 6.4 | 1.1% |
| Total | 68.3 | 44.9 | 54.9 | 52.4 | -8.5% |
Top Suppliers of Woven Fabrics of Artificial Staple Fibres to the United States in 2022:
- China (992.3K square meters)
- Italy (929.2K square meters)
- India (371.7K square meters)
- South Korea (234.0K square meters)
- Turkey (207.6K square meters)
- Spain (168.4K square meters)
- Belgium (156.7K square meters)
- Pakistan (123.2K square meters)
- Canada (96.8K square meters)
- Taiwan (Chinese) (82.8K square meters)
Exports of Woven Fabrics of Artificial Staple Fibres in the United States
In 2022, the amount of woven fabrics of artificial staple fibres exported from the United States shrank modestly to 477K square meters, which is down by -4.5% against the previous year. In general, exports showed a abrupt decrease. The growth pace was the most rapid in 2021 when exports increased by 9.9%. Over the period under review, the exports of reached the maximum at 883K square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of woven fabrics of artificial staple fibres soared to $16M in 2022. Over the period under review, exports saw a deep downturn. Over the period under review, the exports of reached the maximum at $19M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Woven Fabrics of Artificial Staple Fibres in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 8.0 | 4.2 | 4.8 | 8.6 | 2.4% |
| Canada | 3.3 | 2.4 | 3.0 | 3.2 | -1.0% |
| Israel | 0.1 | N/A | N/A | 0.5 | 71.0% |
| Germany | 0.2 | N/A | 0.2 | 0.4 | 26.0% |
| Australia | 0.4 | 0.3 | 0.4 | 0.3 | -9.1% |
| Vietnam | 0.6 | 0.1 | 0.1 | 0.3 | -20.6% |
| Italy | 0.2 | 0.2 | 0.1 | 0.2 | 0.0% |
| Costa Rica | N/A | N/A | N/A | 0.2 | 0% |
| United Kingdom | 0.8 | 0.7 | 0.4 | 0.2 | -37.0% |
| China | 0.7 | 0.3 | 0.1 | 0.2 | -34.1% |
| Guatemala | 0.4 | N/A | N/A | 0.1 | -37.0% |
| Others | 4.6 | 2.7 | 3.9 | 1.8 | -26.9% |
| Total | 19.3 | 10.9 | 13.0 | 15.8 | -6.5% |
Top Export Markets for Woven Fabrics of Artificial Staple Fibres from the United States in 2022:
- Mexico (229.1K square meters)
- Canada (96.9K square meters)
- Israel (23.7K square meters)
- Guatemala (11.2K square meters)
- Vietnam (11.1K square meters)
- Costa Rica (9.5K square meters)
- Germany (9.0K square meters)
- United Kingdom (8.9K square meters)
- Australia (8.8K square meters)
- Italy (7.7K square meters)
- China (7.1K square meters)
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