U.S. Broadwoven Fabric Market. Analysis And Forecast to 2030
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View PricingPrice of U.S. Broadwoven Fabric Drops to $1.1 for Each Square Meter
U.S. Broadwoven Fabric Import Price in July 2023
In July 2023, the broadwoven fabric price amounted to $1.1 per square meter (CIF, US), dropping by -5.6% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in June 2023 when the average import price increased by 9.3% m-o-m. The import price peaked at $1.2 per square meter in January 2023; however, from February 2023 to July 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($2.1 per square meter), while the price for India ($351 per thousand square meters) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Turkey (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.
COUNTRY | Import Price of Broadwoven Fabric in U.S. (USD per square meter) | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | |
South Korea | 1.9 | 2.0 | 2.1 | 1.9 | 1.9 | 2.1 | 1.8 | 1.8 | 1.7 | 1.6 | 1.9 | 2.0 | 2.1 |
Mexico | 1.5 | 1.7 | 1.9 | 1.9 | 2.1 | 2.0 | 1.7 | 1.8 | 1.9 | 1.9 | 2.0 | 1.8 | 1.9 |
Turkey | 0.4 | 0.5 | 0.7 | 0.7 | 0.7 | 0.6 | 1.1 | 0.5 | 1.0 | 0.8 | 0.6 | 0.9 | 1.4 |
Pakistan | 1.1 | 1.2 | 1.1 | 1.2 | 1.1 | 1.1 | 1.0 | 1.1 | 1.0 | 1.2 | 1.2 | 1.1 | 1.1 |
China | 1.0 | 1.1 | 1.0 | 1.0 | 1.0 | 1.1 | 1.2 | 1.0 | 1.1 | 0.9 | 1.0 | 1.0 | 0.9 |
India | 0.4 | 0.5 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.3 | 0.3 | 0.3 | 0.4 | 0.4 |
Vietnam | 1.8 | 1.1 | 0.7 | 0.7 | 0.8 | 1.2 | 1.1 | 0.6 | 1.4 | 0.5 | 0.7 | 0.6 | 0.4 |
Average | 1.0 | 1.1 | 1.0 | 1.1 | 1.0 | 1.1 | 1.2 | 1.1 | 1.1 | 1.0 | 1.1 | 1.1 | 1.1 |
U.S. Broadwoven Fabric Imports
Broadwoven fabric imports into the United States rose sharply to 205M square meters in July 2023, surging by 10% compared with the month before. Over the period under review, imports, however, recorded a perceptible reduction. The most prominent rate of growth was recorded in April 2023 when imports increased by 16% month-to-month. Over the period under review, imports attained the peak figure at 280M square meters in July 2022; however, from August 2022 to July 2023, imports failed to regain momentum.
In value terms, broadwoven fabric imports reached $222M (IndexBox estimates) in July 2023. Overall, imports, however, continue to indicate a pronounced shrinkage. The growth pace was the most rapid in May 2023 when imports increased by 8.3% against the previous month. Imports peaked at 289M square meters in July 2022; however, from August 2022 to July 2023, imports remained at a lower figure.
U.S. Broadwoven Fabric Imports by Country
In July 2023, India (90M square meters) constituted the largest broadwoven fabric supplier to the United States, accounting for a 44% share of total imports. Moreover, broadwoven fabric imports from India exceeded the figures recorded by the second-largest supplier, China (38M square meters), twofold. Pakistan (15M square meters) ranked third in terms of total imports with a 7.5% share.
From July 2022 to July 2023, the average monthly growth rate of volume from India stood at -1.5%. The remaining supplying countries recorded the following average monthly rates of imports growth: China (-0.8% per month) and Pakistan (-0.7% per month).
In value terms, the largest broadwoven fabric suppliers to the United States were China ($34M), India ($32M) and Pakistan ($17M), with a combined 37% share of total imports. South Korea, Mexico, Turkey, Taiwan (Chinese), Vietnam and Saudi Arabia lagged somewhat behind, together accounting for a further 25%.
Mexico, with a CAGR of +0.1%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.
This report provides an in-depth analysis of the broadwoven 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.
Product coverage:
- NAICS 313210 - Broadwoven fabric mills
Companies mentioned:
- Milliken & Company
- Tk Holdings
- BGF Industries
- BP Amoco Chemical Company
- Glen Raven
- Albany International
- Polartec
- Astenjohnson
- National Presto Industries
- Culp
- Burlington Industries
- Xerium Technologies
- Propex Operating Company
- Westpoint Home
- Jay Franco & Sons
- Cone Denim
- The Hallwood Group Incorporated
- Galey & Lord
- Hyosung Usa
- R B Pamplin
- Westpoint International
- Collins & Aikman Products Co.
- Nvh
- Nouveau Verre Holdings
- Itg Holdings
Country coverage:
- United States
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023