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In June 2022, the wool price per tonamounted to $5,184 per ton, with a decrease of -12.7% against the previous month.
In June 2022, the bed linen price per tonamounted to $3,843 per ton, approximately equating the previous month.
In June 2022, the average t-shirt import price amounted to $2.2 per unit, increasing by 2.3% against the previous month
In June 2022, the cotton lint price per ton stood at $2,761 per ton in June 2022, surging by 1.6% against the previous month.
In May 2022, the cotton lint price per ton amounted to $2,718 (FOB, US), increasing by 5.5% against the previous month.
In May 2022, the cotton yarn price per ton amounted to $3,762 (FOB, US), increasing by 3.2% against the previous month.
Nonwoven fabric exports in the EU continue to grow steadily. In 2021, exports hit a record $8.2B.
The global textile industry is worth an estimated $1.3 trillion USD and employs over 60 million people around the world. The industry is forecast to grow at a rate of 3-4% per year over the next few years.
There are a few major trends that are affecting the athletic footwear industry. The first is the athleisure trend, which has seen consumers become more interested in buying shoes that they can wear both for exercise and for everyday activities.
In 2020, Uzbekistan was the only supplier which managed to ramp up T-shirt exports while other exporters saw a drop in sales. Exports from Uzbekistan rose by 8.5% y/y to 139M units or by 48% y/y to $165M in monetary terms.
From 2010 to 2020, global raw silk exports reduced sharply from 9.9K tons to 4.6K tons. In value terms, supplies shrank from $369M to $216M.
The U.S. textile bag and canvas market amounted to $3.2B in 2020. American demand for these products thrived, and imports increased at an average annual rate of +5.5% from 2013 to 2020.