
U.S. - Woven Pile Fabrics and Chenille Fabrics - Market Analysis, Forecast, Size, Trends and Insights
U.S.: Market for Woven Pile Fabrics And Chenille Fabrics 2022
Market Size for Woven Pile Fabrics And Chenille Fabrics in the U.S.
The U.S. pile and chenille fabric market soared to $X in 2021, increasing by X% against the previous year. Overall, the total consumption indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Pile and chenille fabric consumption peaked in 2021 and is likely to continue growth in years to come.
Production of Woven Pile Fabrics And Chenille Fabrics in the U.S.
In value terms, pile and chenille fabric production surged to $X in 2021. In general, production showed a prominent expansion. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.
Exports of Woven Pile Fabrics And Chenille Fabrics
Exports from the U.S.
In 2021, shipments abroad of woven pile fabrics and chenille fabrics increased by X% to X tons, rising for the second year in a row after three years of decline. Over the period under review, total exports indicated a modest expansion from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by X%. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in the immediate term.
In value terms, pile and chenille fabric exports soared to $X in 2021. Overall, exports, however, recorded a slight reduction. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.
Exports by Country
Mexico (X tons), Nicaragua (X tons) and Canada (X tons) were the main destinations of pile and chenille fabric exports from the United States, with a combined X% share of total exports. Panama, the Dominican Republic and Honduras lagged somewhat behind, together comprising a further X 2012 to 2021, the biggest increases were in the Dominican Republic (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the largest markets for pile and chenille fabric exported from the United States were Mexico ($X), Nicaragua ($X) and Canada ($X), together accounting for X% of total exports. The Dominican Republic, Panama and Honduras lagged somewhat behind, together comprising a further X terms of the main countries of destination, the Dominican Republic, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average pile and chenille fabric export price stood at $X per ton in 2021, reducing by -X% against the previous year. Over the period under review, the export price saw a noticeable curtailment. The growth pace was the most rapid in 2014 an increase of X% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was the Dominican Republic ($X per ton), while the average price for exports to Panama ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (+X%), while the prices for the other major destinations experienced a decline.
Imports of Woven Pile Fabrics And Chenille Fabrics
Imports into the U.S.
In 2021, approx. X tons of woven pile fabrics and chenille fabrics were imported into the United States; with an increase of X% on 2020 figures. In general, imports, however, showed a pronounced descent. The growth pace was the most rapid in 2020 with an increase of X%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.
In value terms, pile and chenille fabric imports surged to $X in 2021. The total import value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Imports by Country
In 2021, China (X tons) constituted the largest supplier of pile and chenille fabric to the United States, with a X% share of total imports. Moreover, pile and chenille fabric imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), more than tenfold.
From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+X% per year) and India (-X% per year).
In value terms, China ($X) constituted the largest supplier of pile and chenille fabric to the United States, comprising X% of total imports. The second position in the ranking was taken by Turkey ($X), with a X% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+X% per year) and India (-X% per year).
Import Prices by Country
In 2021, the average pile and chenille fabric import price amounted to $X per ton, which is down by -X% against the previous year. Over the period under review, import price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, pile and chenille fabric import price decreased by -X% against 2019 indices. The growth pace was the most rapid in 2013 an increase of X%. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was India ($X per ton), while the price for China ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the prices for the other major suppliers experienced mixed trend patterns.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for pile and chenille fabric 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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