U.S. - Hats And Other Headgear - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

U.S. - Hats And Other Headgear - Market Analysis, Forecast, Size, Trends and Insights

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Hat and Headgear Prices in the United States

U.S. Hat and Headgear Import Price in August 2022

In August 2022, the hat and headgear price amounted to $1.3 per unit (CIF, US), picking up by 5.5% against the previous month. Over the last seven months, it increased at an average monthly rate of +2.8%. The pace of growth appeared the most rapid in March 2022 an increase of 30% against the previous month. The import price peaked at $1.4 per unit in June 2022; however, from July 2022 to August 2022, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Mexico ($3.2 per unit), while the price for China ($839 per thousand units) was amongst the lowest.

From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by Cambodia (+18.7%), while the prices for the other major suppliers experienced more modest paces of growth.

U.S. Hat and Headgear Import Prices by Type

As there is only one major imported type of hat and headgear, the average price level is determined by prices for hats and headgear, knitted or crocheted, or made up from lace, felt or other textile fabric in the piece (not in strips), whether or not lined or trimmed.

From January 2022 to August 2022, the rate of growth in terms of prices for hats and other headgear, plaited or made by assembling strips of any material, whether or not lined or trimmed amounted to +6.7% per month.

U.S. Hat and Headgear Imports

Hat and headgear imports into the United States surged to 254M units in August 2022, increasing by 20% compared with July 2022 figures. The total import volume increased at an average monthly rate of +4.4% over the period from January 2022 to August 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain months. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, hat and headgear imports skyrocketed to $330M (IndexBox estimates) in August 2022. Over the period under review, total imports indicated a buoyant increase from January 2022 to August 2022: its value increased at an average monthly rate of +7.4% over the last seven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2022 figures, imports increased by +32.8% against March 2022 indices. The pace of growth was the most pronounced in March 2022 with an increase of 33% month-to-month. Over the period under review, imports hit record highs in August 2022.

U.S. Hat and Headgear Imports by Type

In August 2022, hats and headgear, knitted or crocheted, or made up from lace, felt or other textile fabric in the piece (not in strips), whether or not lined or trimmed (31M units) was the main type of hat and headgear supplied to the United States, with a approximately 100% share of total imports.

From January 2022 to August 2022, the average monthly growth rate of the volume of import of hats and headgear, knitted or crocheted, or made up from lace, felt or other textile fabric in the piece (not in strips), whether or not lined or trimmed totaled +8.3%.

In value terms, hats and headgear, knitted or crocheted, or made up from lace, felt or other textile fabric in the piece (not in strips), whether or not lined or trimmed ($310M) constituted the largest type of hat and headgear supplied to the United States.

U.S. Hat and Headgear Imports by Country

In August 2022, China (184M units) constituted the largest hat and headgear supplier to the United States, with a 73% share of total imports. Moreover, hat and headgear imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (19M units), tenfold. Bangladesh (19M units) ranked third in terms of total imports with a 7.5% share.

From January 2022 to August 2022, the average monthly growth rate of volume from China totaled +4.4%. The remaining supplying countries recorded the following average monthly rates of imports growth: Vietnam (+5.0% per month) and Bangladesh (+1.1% per month).

In value terms, China ($155M) constituted the largest supplier of hat and headgear to the United States, comprising 47% of total imports. The second position in the ranking was held by Vietnam ($52M), with a 16% share of total imports. It was followed by Bangladesh, with a 12% share.

From January 2022 to August 2022, the average monthly rate of growth in terms of value from China totaled +7.5%. The remaining supplying countries recorded the following average monthly rates of imports growth: Vietnam (+8.6% per month) and Bangladesh (+3.8% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the hat and headgear 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 14194230 - Felt hats and other felt headgear, made from hat bodies or hoods and plateaux
  • Prodcom 14194250 - Hats and other headgear, plaited or made by assembling strips of any material
  • Prodcom 14194270 - Hats and other headgear, knitted or crocheted or made-up from lace, felt or other textile fabric in the piece (but not in strips), hair-nets of any material
  • Prodcom 14194300 - Other headgear (except headgear of rubber or of plastics, s afety headgear and asbestos headgear), headbands, l inings, covers, hat foundations, hat frames, peaks and chinstraps, for headgear

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:

  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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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In value terms, hat-forms, hat bodies and hoods of felt exports totaled $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total exports value decreased at an average ann...

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