U.S. - Machines For Preparing, Weaving And Knitting Textiles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTextile Weaving And Knitting Machinery Prices in the United States
U.S. Textile Weaving And Knitting Machinery Import Price in June 2022
In June 2022, the textile weaving and knitting machinery price amounted to $3K per unit (CIF, US), with an increase of 27% against the previous month. In general, the import price, however, showed a abrupt setback. The growth pace was the most rapid in March 2022 when the average import price increased by 62% against the previous month. The import price peaked at $4.3K per unit in January 2022; afterwards, it flattened through to June 2022.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($31K per unit), while the price for Vietnam ($499 per unit) was amongst the lowest.
From January 2022 to June 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+11.0%), while the prices for the other major suppliers experienced a decline.
U.S. Textile Weaving And Knitting Machinery Import Prices by Type
There were significant differences in the average prices amongst the major supplied products. In July 2022, the product with the highest price was textile machinery; for extruding, drawing, texturing or cutting man-made textile materials ($23K per unit), while the price for weaving machines (looms) ($437 per unit) was amongst the lowest.
From January 2022 to July 2022, the most notable rate of growth in terms of prices was attained by textile machinery; for extruding, drawing, texturing or cutting man-made textile materials (-7.3%), while the prices for the other products experienced a decline.
U.S. Textile Weaving And Knitting Machinery Imports
In July 2022, approximately 27K units of machines for preparing, weaving and knitting textiles were imported into the United States; with an increase of 151% on the previous month's figure. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in February 2022 with an increase of 152% m-o-m. Imports peaked in July 2022.
In value terms, textile weaving and knitting machinery imports soared to $49M (IndexBox estimates) in July 2022. In general, imports continue to indicate prominent growth. The pace of growth appeared the most rapid in May 2022 when imports increased by 58% against the previous month. As a result, imports reached the peak of $52M. From June 2022 to July 2022, the growth of imports remained at a somewhat lower figure.
U.S. Textile Weaving And Knitting Machinery Imports by Type
Textile machinery; spinning, doubling, twisting machines, textile reeling or winding machines and machines for preparing textile yarns for use on machines of heading no. 8446 and 8447 (9.8K units), knitting machines (9.7K units) and weaving machines (looms) (7.3K units) were the main products of textile weaving and knitting machinery imports to the United States, with a combined 98% share of total imports. Textile machinery; for extruding, drawing, texturing or cutting man-made textile materials lagged somewhat behind, comprising a further 1.8%.
From January 2022 to July 2022, the biggest increases were in textile machinery; for extruding, drawing, texturing or cutting man-made textile materials (with a CAGR of +63.5%), while purchases for the other products experienced more modest paces of growth.
In value terms, knitting machines ($19M), textile machinery; spinning, doubling, twisting machines, textile reeling or winding machines and machines for preparing textile yarns for use on machines of heading no. 8446 and 8447 ($16M) and textile machinery; for extruding, drawing, texturing or cutting man-made textile materials ($12M) appeared to be the most imported types of machines for preparing, weaving and knitting textiles in the United States, with a combined 93% share of total imports.
U.S. Textile Weaving And Knitting Machinery Imports by Country
China (5K units), Vietnam (2.9K units) and Taiwan (Chinese) (1.4K units) were the main suppliers of textile weaving and knitting machinery imports to the United States, together accounting for 85% of total imports.
From January 2022 to June 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +45.7%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest textile weaving and knitting machinery suppliers to the United States were Italy ($9.2M), Japan ($5.7M) and China ($4.3M), with a combined 58% share of total imports. These countries were followed by Taiwan (Chinese), Germany and Vietnam, which together accounted for a further 26%.
In terms of the main suppliers, Vietnam, with a CAGR of +28.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the market for textile weaving and knitting machinery 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 28941100 - Machines for extruding, drawing, texturing or cutting manmade textile materials, machines for preparing textile fibres
- Prodcom 28941200 - Textile spinning machines, textile doubling, twisting, winding or reeling machines
- Prodcom 28941300 - Weaving machines
- Prodcom 28941430 - Circular knitting machines
- Prodcom 28941450 - Flat knitting machines, stitch-bonding machines and warp knitting machines
- Prodcom 28941470 - Machines for making gimped yarn, tulle, lace, embroidery, t rimmings, braid or net, and machines for tufting
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
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