U.S.: Overview of the Market for Fiber, Yarn, And Thread 2021

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

The U.S. fiber, yarn, and thread market expanded significantly to $X in 2020, picking up by X% against the previous year. Over the period under review, consumption, however, showed a slight decrease. Fiber, yarn, and thread consumption peaked at $X in 2014; however, from 2015 to 2020, consumption stood at a somewhat lower figure.

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

In value terms, fiber, yarn, and thread production fell modestly to $X in 2020. Over the period under review, production recorded a noticeable setback. The pace of growth was the most pronounced in 2014 when the production volume increased by X% year-to-year. As a result, production reached the peak level of $X. from 2015 to 2020, production growth remained at a lower figure.

Exports of Fiber, Yarn, And Thread

Exports from the U.S.

In 2020, exports of fiber, yarn, and thread from the U.S. shrank notably to X tonnes, which is down by -X% compared with 2019. Overall, exports showed a drastic downturn. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. As a result, exports reached the peak of X tonnes. from 2016 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, fiber, yarn, and thread exports dropped sharply to $X in 2020. Over the period under review, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2014 when exports increased by X% y-o-y. As a result, exports reached the peak of $X. from 2015 to 2020, the growth exports remained at a lower figure.

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), fourfold. The third position in this ranking was occupied by El Salvador (X tonnes), with a X% share.

From 2013 to 2020, the average annual growth rate of volume to Honduras totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Dominican Republic (-X% per year) and El Salvador (-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 El Salvador, with a X% share.

From 2013 to 2020, the average annual rate of growth in terms of value to Honduras totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Dominican Republic (-X% per year) and El Salvador (-X% per year).

Export Prices by Country

In 2020, the average fiber, yarn, and thread export price amounted to $X per tonne, waning by -X% against the previous year. In general, the export price saw a mild descent. The pace of growth was the most pronounced in 2018 an increase of X% y-o-y. Over the period under review, average export prices hit record highs at $X per tonne in 2013; however, from 2014 to 2020, export prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Mexico, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fiber, Yarn, And Thread

Imports into the U.S.

Fiber, yarn, and thread imports into the U.S. declined modestly to X tonnes in 2020, standing approx. at 2019. Overall, imports recorded a noticeable curtailment. The growth pace was the most rapid in 2018 with an increase of X% y-o-y. Imports peaked at X tonnes in 2015; however, from 2016 to 2020, imports remained at a lower figure.

In value terms, fiber, yarn, and thread imports reduced to $X in 2020. Over the period under review, imports showed a noticeable descent. The most prominent rate of growth was recorded in 2018 when imports increased by X% year-to-year. Imports peaked at $X in 2013; however, from 2014 to 2020, imports stood at a somewhat 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. These countries were followed by Turkey, Pakistan, Canada, South Korea, Bangladesh, Mexico, Viet Nam, Portugal, Thailand and Spain, which together accounted for a further X 2013 to 2020, the biggest increases were in Portugal, while purchases 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 ($X), Turkey ($X) and India ($X), with a combined X% share of total imports. These countries were followed by Canada, Indonesia, Mexico, South Korea, Pakistan, Spain, Portugal, Viet Nam, Thailand and Bangladesh, which together accounted for a further X the main suppliers, Portugal saw the highest rates of growth with regard to the value of imports, 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 2020, flattening at the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per tonne in 2013; afterwards, it flattened through to 2020.

Prices varied noticeably by the country of origin; the country with the highest price was Mexico ($X per tonne), while the price for Bangladesh ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Mexico, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox 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, China ($86M), Turkey ($83M) and India ($62M) constituted the largest fiber, yarn, and thread suppliers to the U.S., together accounting for 38% of total imports. Canada, Indonesia, Mexico, South Korea, Pakistan, Spain, Portugal, Viet Nam, Thailand and Bangladesh lagged somewhat behind, together accounting for a further 38%.

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

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In value terms, Honduras ($660M) remains the key foreign market for fiber, yarn, and thread exports from the U.S., comprising 49% of total exports. The second position in the ranking was occupied by the Dominican Republic ($180M), with a 13% share of total exports. It was followed by El Salvador, with a 9.5% share.

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

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In 2020, the average fiber, yarn, and thread export price amounted to $2,941 per tonne, with a decrease of -2.1% against the previous year.

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

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In 2020, the average fiber, yarn, and thread import price amounted to $4,562 per tonne, approximately reflecting the previous year.