Northern America - Terry Towelling (Excluding of Cotton) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNorthern America: Non-Cotton Terry Towelling Market 2024
Non-Cotton Terry Towelling Market Size in Northern America
In 2023, the North American non-cotton terry towelling market increased by X% to $X, rising for the third year in a row after two years of decline. In general, consumption enjoyed strong growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.
Non-Cotton Terry Towelling Production in Northern America
In value terms, non-cotton terry towelling production declined slightly to $X in 2023 estimated in export price. Overall, production, however, continues to indicate a mild descent. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.
Non-Cotton Terry Towelling Exports
Exports in Northern America
In 2023, non-cotton terry towelling exports in Northern America contracted dramatically to X square meters, dropping by X% on the previous year's figure. Over the period under review, exports, however, posted a prominent increase. The pace of growth was the most pronounced in 2022 when exports increased by X%. As a result, the exports reached the peak of X square meters, and then dropped rapidly in the following year.
In value terms, non-cotton terry towelling exports shrank rapidly to $X in 2023. In general, exports, however, saw prominent growth. The most prominent rate of growth was recorded in 2022 when exports increased by X%. As a result, the exports reached the peak of $X, and then dropped significantly in the following year.
Exports by Country
The biggest shipments were from the United States (X square meters), together accounting for X% of total export.
The United States was also the fastest-growing in terms of the terry towelling (excluding of cotton) exports, with a CAGR of X% from 2012 to 2023. From 2012 to 2023, the share of the United States increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the United States ($X) also remains the largest non-cotton terry towelling supplier in Northern America.
From 2012 to 2023, the average annual growth rate of value in the United States totaled X%.
Export Prices by Country
The export price in Northern America stood at $X per square meter in 2023, waning by X% against the previous year. Overall, the export price showed a deep slump. The pace of growth appeared the most rapid in 2022 an increase of X%. The level of export peaked at $X per square meter in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2023, the rate of growth in terms of prices for the United States amounted to X% per year.
Non-Cotton Terry Towelling Imports
Imports in Northern America
In 2023, purchases abroad of terry towelling (excluding of cotton) increased by X% to X square meters, rising for the third consecutive year after two years of decline. In general, imports showed a significant expansion. The pace of growth was the most pronounced in 2015 when imports increased by X%. The volume of import peaked in 2023 and is expected to retain growth in years to come.
In value terms, non-cotton terry towelling imports skyrocketed to $X in 2023. Overall, imports enjoyed a strong increase. The most prominent rate of growth was recorded in 2013 with an increase of X%. The level of import peaked in 2023 and is expected to retain growth in years to come.
Imports by Country
Canada prevails in imports structure, finishing at X square meters, which was approx. X% of total imports in 2023. It was distantly followed by the United States (X square meters), generating a X% share of total imports.
Canada was also the fastest-growing in terms of the terry towelling (excluding of cotton) imports, with a CAGR of X% from 2012 to 2023. At the same time, the United States (X%) displayed positive paces of growth. From 2012 to 2023, the share of Canada increased by X percentage points.
In value terms, Canada ($X) constitutes the largest market for imported terry towelling (excluding of cotton) in Northern America, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports.
In Canada, non-cotton terry towelling imports increased at an average annual rate of X% over the period from 2012-2023.
Import Prices by Country
The import price in Northern America stood at $X per square meter in 2023, remaining relatively unchanged against the previous year. Overall, the import price saw a deep reduction. The most prominent rate of growth was recorded in 2021 an increase of X%. The level of import peaked at $X per square meter in 2014; however, from 2015 to 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was the United States ($X per square meter), while Canada totaled $X per square meter.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United States (X%).
Source: IndexBox Platform
This report provides an in-depth analysis of the non-cotton terry towelling market in Northern America. 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:
- Prodcom 13204300 - Terry towelling and similar woven terry fabrics (excluding of cotton)
Country coverage:
- Bermuda
- Canada
- Greenland
- Saint Pierre and Miquelon
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Northern America, split by region and country
- Trade (exports and imports) in Northern America
- 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
- CONSUMPTION BY COUNTRY
- 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
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- 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 -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Bermuda
- Canada
- Greenland
- Saint Pierre and Miquelon
- United States
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 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
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 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, 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, 2012–2023
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