U.S.: Cotton Embroidery Market 2024

Cotton Embroidery Market Size in the U.S.

The U.S. cotton embroidery market amounted to $X in 2022, with an increase of X% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Cotton Embroidery Production in the U.S.

In value terms, cotton embroidery production rose modestly to $X in 2022. Overall, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Cotton Embroidery Exports

Exports from the U.S.

In 2022, overseas shipments of cotton embroidery in the piece were finally on the rise to reach X tons for the first time since 2017, thus ending a four-year declining trend. Overall, exports, however, recorded a deep downturn. The pace of growth appeared the most rapid in 2017 with an increase of X%. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, cotton embroidery exports soared to $X in 2022. Over the period under review, exports, however, saw a noticeable reduction. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Canada (X tons), Mexico (X tons) and Israel (X kg) were the main destinations of cotton embroidery exports from the United States, with a combined X% share of total exports. Colombia, Hungary, Panama, the Dominican Republic, Iceland, Italy and the UK lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Iceland (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cotton embroidery exported from the United States were Mexico ($X), Canada ($X) and Iceland ($X), with a combined X% share of total exports.

Iceland, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average cotton embroidery export price stood at $X per ton in 2022, growing by X% against the previous year. Overall, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cotton embroidery export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iceland ($X per ton), while the average price for exports to Panama ($X 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 Iceland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Cotton Embroidery Imports

Imports into the U.S.

In 2022, supplies from abroad of cotton embroidery in the piece increased by X% to X tons, rising for the third year in a row after two years of decline. Overall, imports, however, saw a perceptible decrease. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, cotton embroidery imports expanded notably to $X in 2022. Over the period under review, imports, however, saw a noticeable reduction. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

India (X tons), China (X tons) and Austria (X tons) were the main suppliers of cotton embroidery imports to the United States, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of X%), while imports for the other leaders experienced a decline.

In value terms, India ($X) constituted the largest supplier of cotton embroidery in the piece to the United States, comprising X% of total imports. The second position in the ranking was held by Austria ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from India stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (X% per year) and China (X% per year).

Import Prices by Country

The average cotton embroidery import price stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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