Latest Report Update: Dec 27, 2019

U.S. Knit Fabric Market. Analysis And Forecast to 2030

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U.S.: Knit Fabric Market Overview 2020

Knit Fabric Market Size in the U.S.

The revenue of the knit fabric market in the U.S. amounted to $X in 2018, going up by X% against the previous year. Overall, knit fabric consumption continues to indicate a temperate increase. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. In that year, the knit fabric market reached its peak level of $X. From 2015 to 2018, the growth of the knit fabric market remained at a somewhat lower figure.

Knit Fabric Production in the U.S.

In value terms, knit fabric production stood at $X in 2018. In general, knit fabric production continues to indicate a pronounced shrinkage. The pace of growth appeared the most rapid in 2014 when production volume increased by X% against the previous year. In that year, knit fabric production reached its peak level of $X. From 2015 to 2018, knit fabric production growth remained at a lower figure.

Knit Fabric Exports

Exports from the U.S.

In 2018, the amount of knit fabrics exported from the U.S. amounted to X tonnes, declining by -X% against the previous year. Over the period under review, knit fabric exports continue to indicate a drastic shrinkage. The pace of growth was the most pronounced in 2014 when exports decreased by -X% year-to-year. Exports peaked at X tonnes in 2013; however, from 2014 to 2018, exports remained at a lower figure.

In value terms, knit fabric exports totaled $X in 2018. In general, knit fabric exports continue to indicate an abrupt decrease. The most prominent rate of growth was recorded in 2015 with a decrease of -X% against the previous year. Exports peaked at $X in 2013; however, from 2014 to 2018, exports failed to regain their momentum.

Exports by Country

Mexico (X tonnes) was the main destination for knit fabric exports from the U.S., with a X% share of total exports. Moreover, knit fabric exports to Mexico exceeded the volume sent to the second major destination, Honduras (X tonnes), fourfold. The third position in this ranking was occupied by Canada (X tonnes), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to Mexico stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Honduras (-X% per year) and Canada (-X% per year).

In value terms, Mexico ($X) remains the key foreign market for knit fabric exports from the U.S., comprising X% of total knit fabric exports. The second position in the ranking was occupied by Honduras ($X), with a X% share of total exports. It was followed by Canada, with a X% share.

From 2007 to 2018, the average annual growth rate of value to Mexico stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Honduras (-X% per year) and Canada (-X% per year).

Export Prices by Country

In 2018, the average knit fabric export price amounted to $X per tonne, increasing by X% against the previous year. In general, the knit fabric export price continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2015 when the average export price increased by X% against the previous year. The export price peaked in 2018 and is likely to continue its growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Honduras ($X per tonne), while the average price for exports to China ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador, while the prices for the other major destinations experienced more modest paces of growth.

Knit Fabric Imports

Imports into the U.S.

In 2018, approx. X tonnes of knit fabrics were imported into the U.S.; surging by X% against the previous year. In general, knit fabric imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by X% y-o-y. Over the period under review, knit fabric imports reached their peak figure at X tonnes in 2015; however, from 2016 to 2018, imports remained at a lower figure.

In value terms, knit fabric imports stood at $X in 2018. In general, knit fabric imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. Imports peaked at $X in 2015; however, from 2016 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, China (X tonnes) constituted the largest supplier of knit fabric to the U.S., accounting for a X% share of total imports. Moreover, knit fabric imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X tonnes), sixfold. India (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual growth rate of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-X% per year) and India (+X% per year).

In value terms, China ($X) constituted the largest supplier of knit fabric to the U.S., comprising X% of total knit fabric imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of total imports. It was followed by Israel, with a X% share.

From 2007 to 2018, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-X% per year) and Israel (+X% per year).

Import Prices by Country

In 2018, the average knit fabric import price amounted to $X per tonne, remaining constant against the previous year. Over the period under review, the knit fabric import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by X% y-o-y. In that year, the average import prices for knit fabrics reached their peak level of $X per tonne. From 2015 to 2018, the growth in terms of the average import prices for knit fabrics remained at a lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Taiwan, Chinese, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Product coverage:
• NAICS 313240 - Knit fabric mills

This report provides an in-depth analysis of the knit fabric market 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.


Companies mentioned:
• Guilford Mills
• Siny Corp.
• McMurray Fabrics
• Ssm Industries
• Fisher Textiles
• Hornwood
• Jif-Pak Manufacturing
• Adele Knits
• Commonwealth Home Fashion
• Fab Industries Corp.
• Metritek Corporation
• The Tenenblatt Corporation
• Gehring Tricot Corporation
• Rebtex
• Westchester Lace & Textiles
• Mocaro Industries
• Albahealth
• McComb Mill Manufacturing Company
• Lace Lastics Company
• Clover Knits
• Mohican Mills
• Sas Textiles
• Somerset Industries
• Charbert
• Hampton Industries

Country coverage:
• USA

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2013–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2013–2018
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2013–2018
Table 3:
Market Value, 2013–2018
Table 4:
Per Capita Consumption In 2013–2018
Table 5:
Imports, In Physical Terms, By Country, 2013–2018
Table 6:
Imports, In Value Terms, By Country, 2013–2018
Table 7:
Import Prices, By Country Of Origin, 2013–2018
Table 8:
Exports, In Physical Terms, By Country, 2013–2018
Table 9:
Exports, In Value Terms, By Country, 2013–2018
Table 10:
Export Prices, By Country Of Destination, 2013–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2013–2018
Figure 2:
Market Value, 2013–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2013–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2013–2018
Figure 5:
Trade Balance, In Physical Terms, 2013–2018
Figure 6:
Trade Balance, In Value Terms, 2013–2018
Figure 7:
Per Capita Consumption, 2013–2018
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2013–2018
Figure 21:
Production, In Value Terms, 2013–2018
Figure 22:
Imports, In Physical Terms, 2013–2018
Figure 23:
Imports, In Value Terms, 2013–2018
Figure 24:
Imports, In Physical Terms, By Country, 2018
Figure 25:
Imports, In Physical Terms, By Country, 2013–2018
Figure 26:
Imports, In Value Terms, By Country, 2013–2018
Figure 27:
Import Prices, By Country Of Origin, 2013–2018
Figure 28:
Exports, In Physical Terms, 2013–2018
Figure 29:
Exports, In Value Terms, 2013–2018
Figure 30:
Exports, In Physical Terms, By Country, 2018
Figure 31:
Exports, In Physical Terms, By Country, 2013–2018
Figure 32:
Exports, In Value Terms, By Country, 2013–2018
Figure 33:
Export Prices, By Country Of Destination, 2013–2018

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