Northern America: Felt Market 2020

Felt Market Size in Northern America

The revenue of the felt market in Northern America amounted to $X in 2017, growing by X% against the previous year. The felt consumption continues to indicate a strong growth. The most prominent rate of growth was recorded in 2017, with an increase of X% year-to-year. In that year, the felt market attained their peak level, and is likely to continue its growth in the immediate term.

Felt Production in Northern America

The felt production stood at X tons in 2017, falling by -X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations being recorded over the period under review. The pace of growth was the most pronounced in 2015, when the output figure increased by X% y-o-y. In that year, the felt production attained their peak volume of X tons. From 2016 to 2017, growth of the felt production stood at a somewhat lower level.

Felt Exports in Northern America

In 2017, the amount of felt exported in Northern America stood at X tons, coming down by -X% against the previous year. The total export volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2010, when exports increased by X% year-to-year. The volume of exports peaked of X tons in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, felt exports stood at $X in 2017. The total export value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. Over the period under review, the felt exports attained its peak figure level of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Felt Exports by Country in Northern America

In 2017, the U.S. (X tons) represented the major exporter for felt, constituting X% of total exports. It was distantly followed by Canada (X tons), committing X% share of total exports.

The U.S. was also the fastest growing in terms of the felt exports, with a CAGR of +X% from 2007 to 2017. Canada (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Canada increased by X% percentage points, while the U.S. (-X%) saw their share reduced.

In value terms, the U.S. ($X) remains the largest felt supplier in Northern America, making up X% of global exports. The second position in the ranking was occupied by Canada ($X), with a X% share of global exports.

In the U.S., felt exports expanded at an average annual rate of +X% over the period from 2007-2017.

Felt Export Prices by Country in Northern America

The felt export price in Northern America stood at $X per ton in 2017, coming up by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008, when it surged by X% year-to-year. In that year, the export prices for felt attained their peak level of $X per ton. From 2009 to 2017, growth of the export prices for felt failed to regain its momentum.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in the U.S. ($X per ton) and Canada ($X per ton), while Canada ($X per ton) and the U.S. ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Canada (+X% per year).

Felt Imports in Northern America

The imports totaled X tons in 2017, jumping by X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2013, with an increase of X% year-to-year. Over the period under review, the felt imports attained its maximum volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, felt imports stood at $X in 2017. The total imports indicated a remarkable expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the felt imports increased by +X% against 2015 indices. Over the period under review, the felt imports reached its maximum level in 2017, and are likely to see steady growth in the immediate term.

Felt Imports by Country in Northern America

The U.S. was the largest importing country with an import of around X tons, which amounted to X% of total imports. It was distantly followed by Canada (X tons), achieving X% share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by the U.S. (+X% per year).

In value terms, the U.S. ($X) constitutes the largest market for imported felt in Northern America, making up X% of global imports. The second position in the ranking was occupied by Canada ($X), with a X% share of global imports.

From 2007 to 2017, the average annual rate of growth in terms of value in the U.S. amounted to +X%.

Felt Import Prices by Country in Northern America

The felt import price in Northern America stood at $X per ton in 2017, declining by -X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2011, an increase of X% y-o-y. Over the period under review, the import prices for felt attained its maximum level of $X per ton in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was the U.S. ($X per ton), while Canada ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the U.S. (+X% per year).

Source: IndexBox Platform