U.S.: Overview of the Market for Fiber, Yarn, And Thread 2020

Market Size for Fiber, Yarn, And Thread in the U.S.

In 2019, the U.S. fiber, yarn, and thread market was finally on the rise to reach $X after five years of decline. In general, consumption, however, continues to indicate a noticeable downturn. Fiber, yarn, and thread consumption peaked at $X in 2013; however, from 2014 to 2019, consumption failed to regain the momentum.

Production of Fiber, Yarn, And Thread in the U.S.

In value terms, fiber, yarn, and thread production contracted to $X in 2019. Overall, production recorded a pronounced decrease. The pace of growth appeared the most rapid in 2014 when the production volume decreased by -X% y-o-y. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2019, production stood at a somewhat lower figure.

Exports of Fiber, Yarn, And Thread

Exports from the U.S.

In 2019, shipments abroad of fiber, yarn, and thread decreased by -X% to X tonnes, falling for the fourth consecutive year after three years of growth. In general, exports recorded a noticeable contraction. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, exports attained the peak of X tonnes. From 2016 to 2019, the growth exports remained at a lower figure.

In value terms, fiber, yarn, and thread exports declined markedly to $X in 2019. Over the period under review, exports saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2014 when exports increased by X% year-to-year. As a result, exports reached the peak of $X. From 2015 to 2019, the growth exports failed to regain the momentum.

Exports by Country

Honduras (X tonnes) was the main destination for fiber, yarn, and thread exports from the U.S., accounting for a X% share of total exports. Moreover, fiber, yarn, and thread exports to Honduras exceeded the volume sent to the second major destination, the Dominican Republic (X tonnes), threefold. Morocco (X tonnes) ranked third in terms of total exports with a X% share.

From 2013 to 2019, the average annual rate of growth in terms of volume to Honduras stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Dominican Republic (+X% per year) and Morocco (+X% per year).

In value terms, Honduras ($X) remains the key foreign market for fiber, yarn, and thread exports from the U.S., comprising X% of total exports. The second position in the ranking was occupied by the Dominican Republic ($X), with a X% share of total exports. It was followed by Guatemala, with a X% share.

From 2013 to 2019, the average annual rate of growth in terms of value to Honduras amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Dominican Republic (-X% per year) and Guatemala (-X% per year).

Export Prices by Country

In 2019, the average fiber, yarn, and thread export price amounted to $X per tonne, falling by -X% against the previous year. Over the period under review, the export price recorded a noticeable setback. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The export price peaked at $X per tonne in 2013; however, from 2014 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Guatemala ($X per tonne), while the average price for exports to Colombia ($X per tonne) was amongst the lowest.

From 2013 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Morocco, while the prices for the other major destinations experienced a decline.

Imports of Fiber, Yarn, And Thread

Imports into the U.S.

In 2019, imports of fiber, yarn, and thread into the U.S. declined to X tonnes, falling by -X% on the previous year. In general, imports saw a pronounced reduction. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. Over the period under review, imports reached the maximum at X tonnes in 2015; however, from 2016 to 2019, imports stood at a somewhat lower figure.

In value terms, fiber, yarn, and thread imports reduced to $X in 2019. Over the period under review, imports saw a noticeable decline. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. Imports peaked at $X in 2013; however, from 2014 to 2019, imports remained at a lower figure.

Imports by Country

Indonesia (X tonnes), India (X tonnes) and China (X tonnes) were the main suppliers of fiber, yarn, and thread imports to the U.S., with a combined X% share of total imports. Pakistan, Canada, South Korea, Turkey, Bangladesh and Mexico lagged somewhat behind, together accounting for a further X 2013 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Pakistan, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest fiber, yarn, and thread suppliers to the U.S. were China ($X), Canada ($X) and Turkey ($X), with a combined X% share of total imports. These countries were followed by India, Indonesia, Mexico, South Korea, Pakistan and Bangladesh, which together accounted for a further X saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average fiber, yarn, and thread import price stood at $X per tonne in 2019, approximately reflecting the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of X% against the previous year. The import price peaked at $X per tonne in 2013; afterwards, it flattened through to 2019.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Canada ($X per tonne), while the price for Bangladesh ($X per tonne) was amongst the lowest.

From 2013 to 2019, the most notable rate of growth in terms of prices was attained by Mexico, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the leading suppliers of fiber, yarn, and thread to the U.S.?

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In value terms, the largest fiber, yarn, and thread suppliers to the U.S. were China ($80M), Canada ($65M) and Turkey ($59M), together comprising 33% of total imports. India, Indonesia, Mexico, South Korea, Pakistan and Bangladesh lagged somewhat behind, together accounting for a further 35%.

What are the leading importers of fiber, yarn, and thread from the U.S.?

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In value terms, Honduras ($1B) remains the key foreign market for fiber, yarn, and thread exports from the U.S., comprising 62% of total exports. The second position in the ranking was occupied by the Dominican Republic ($278M), with a 17% share of total exports. It was followed by Guatemala, with a 4% share.

What is the average export price for fiber, yarn, and thread in the U.S.?

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In 2019, the average fiber, yarn, and thread export price amounted to $2,818 per tonne, falling by -7.8% against the previous year.

What is the average import price for fiber, yarn, and thread in the U.S.?

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The average fiber, yarn, and thread import price stood at $4,558 per tonne in 2019, standing approx. at the previous year.