U.S. - Textile Products And Articles For Technical Uses - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTechnical Textiles Import in United States Increases Significantly to $89M in March 2023
U.S. Technical Textiles Imports
In March 2023, the amount of textile products and articles for technical uses imported into the United States surged to 6.6K tons, growing by 22% against the previous month. In general, imports, however, recorded a slight shrinkage.
In value terms, technical textiles imports surged to $89M (IndexBox estimates) in March 2023. Over the period under review, imports, however, showed a relatively flat trend pattern.
| COUNTRY | Import Value of Technical Textiles in U.S. (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | |
| Mexico | 31.3 | 24.8 | 24.0 | 24.1 | 23.8 | 26.7 | 26.3 | 27.2 | 25.6 | 22.2 | 25.7 | 25.0 | 28.5 |
| Canada | 13.9 | 11.1 | 12.3 | 12.2 | 11.0 | 12.2 | 12.5 | 12.1 | 11.9 | 14.0 | 10.9 | 11.4 | 14.3 |
| Germany | 7.0 | 6.5 | 7.3 | 7.7 | 7.1 | 7.1 | 8.1 | 6.0 | 7.2 | 8.6 | 7.1 | 5.7 | 8.7 |
| China | 9.7 | 10.0 | 13.1 | 8.7 | 10.2 | 10.3 | 11.2 | 7.0 | 6.5 | 7.8 | 6.9 | 7.3 | 6.7 |
| Italy | 4.3 | 3.7 | 5.3 | 6.0 | 5.0 | 5.5 | 3.4 | 4.1 | 4.0 | 4.0 | 3.5 | 3.6 | 2.9 |
| India | 1.1 | 1.7 | 2.2 | 1.4 | 1.1 | 1.5 | 1.9 | 2.5 | 1.8 | 1.5 | 2.4 | 2.1 | 2.5 |
| Others | 27.1 | 29.0 | 27.2 | 23.2 | 24.9 | 25.7 | 30.9 | 31.5 | 29.3 | 23.8 | 25.4 | 15.9 | 25.6 |
| Total | 94.4 | 86.8 | 91.5 | 83.5 | 83.1 | 89.0 | 94.4 | 90.4 | 86.3 | 81.9 | 81.8 | 71.0 | 89.2 |
Imports by Country
In March 2023, Mexico (4.1K tons) constituted the largest technical textiles supplier to the United States, accounting for a 62% share of total imports. Moreover, technical textiles imports from Mexico exceeded the figures recorded by the second-largest supplier, China (723 tons), sixfold. India (348 tons) ranked third in terms of total imports with a 5.3% share.
From March 2022 to March 2023, the average monthly growth rate of volume from Mexico amounted to -1.5%. The remaining supplying countries recorded the following average monthly rates of imports growth: China (-4.2% per month) and India (+5.4% per month).
In value terms, Mexico ($29M) constituted the largest supplier of technical textiles to the United States, comprising 32% of total imports. The second position in the ranking was held by Canada ($14M), with a 16% share of total imports. It was followed by Germany, with a 9.7% share.
From March 2022 to March 2023, the average monthly rate of growth in terms of value from Mexico was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: Canada (+0.2% per month) and Germany (+1.8% per month).
Imports by Type
In March 2023, textile products and articles for technical uses; specified in note 7 to this chapter (5.6K tons) constituted the largest type of technical textiles supplied to the United States, accounting for a 84% share of total imports. Moreover, textile products and articles for technical uses; specified in note 7 to this chapter exceeded the figures recorded for the second-largest type, textiles; transmission or conveyor belts or belting, of textile material, whether or not reinforced with metal or other material (521 tons), more than tenfold. Textile hosepiping and similar textile tubing (469 tons) ranked third in terms of total imports with a 7.1% share.
From March 2022 to March 2023, the average monthly rate of growth in terms of the volume of import of textile products and articles for technical uses; specified in note 7 to this chapter totaled -1.6%. With regard to the other supplied products, the following average monthly rates of growth were recorded: textiles; transmission or conveyor belts or belting, of textile material, whether or not reinforced with metal or other material (-1.0% per month) and textile hosepiping and similar textile tubing (-0.1% per month).
In value terms, textile products and articles for technical uses; specified in note 7 to this chapter ($75M) constituted the largest type of technical textiles supplied to the United States, comprising 84% of total imports. The second position in the ranking was held by textiles; transmission or conveyor belts or belting, of textile material, whether or not reinforced with metal or other material ($8.2M), with a 9.2% share of total imports. It was followed by textile hosepiping and similar textile tubing, with a 6.3% share.
Import Prices by Country
In March 2023, the technical textiles price amounted to $13,479 per ton (CIF, US), growing by 2.8% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.1%. The pace of growth was the most pronounced in December 2022 an increase of 13% m-o-m. As a result, import price reached the peak level of $13,975 per ton. From January 2023 to March 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In March 2023, the country with the highest price was Canada ($48,455 per ton), while the price for Mexico ($6,997 per ton) was amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by Canada (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the technical textiles 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:
- Prodcom 13961620 - Textile hosepiping and similar textile tubing, whether or not impregnated or coated, with or without lining, armour or accessories of other materials
- Prodcom 13961650 - Textile wicks, conveyor belts or belting (including reinforced with metal or other material)
- Prodcom 13961680 - Textile fabrics and felts, for paper-making machines or similar machines (including for pulp or asbestos-cement)
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
