Northern America: Knitted Fabric Market 2020

Knitted Fabric Market Size in Northern America

The revenue of the knitted fabric market in Northern America amounted to $X in 2017, jumping by X% against the previous year. The knitted fabric consumption continues to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2008, when it surged by X% year-to-year. The level of knitted fabric consumption peaked in 2017, and is likely to continue its growth in the immediate term.

Knitted Fabric Production in Northern America

The knitted fabric production amounted to X square meters in 2017, approximately equating the previous year. The knitted fabric production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008, when it surged by X% y-o-y. Over the period under review, the knitted fabric production reached its peak figure volume in 2017, and is expected to retain its growth in the immediate term.

Knitted Fabric Exports in Northern America

In 2017, approx. X square meters of knitted or crocheted fabrics (excluding pile fabrics) were exported in Northern America; lowering by -X% against the previous year. The knitted fabric exports continue to indicate a drastic contraction. The pace of growth appeared the most rapid in 2015, when it surged by X% against the previous year. The volume of exports peaked of X square meters in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, knitted fabric exports totaled $X in 2017. The knitted fabric exports continue to indicate a deep reduction. The level of exports peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Knitted Fabric Exports by Country in Northern America

The U.S. was the main exporter of knitted or crocheted fabrics (excluding pile fabrics) in Northern America, with the volume of exports finishing at X square meters, which was near X% of total exports in 2017. It was distantly followed by Canada (X square meters), creating X% share of total exports.

Exports from the U.S. decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Canada (+X%) displayed positive paces of growth. Moreover, Canada emerged as the fastest growing exporter in Northern America, with a CAGR of +X% from 2007-2017. The U.S. (X%) significantly strengthened its position in terms of the global exports, while Canada saw its share reduced by -X% from 2007 to 2017, respectively.

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

In the U.S., knitted fabric exports contracted by an average annual rate of -X% over the period from 2007-2017.

Knitted Fabric Export Prices by Country in Northern America

The knitted fabric export price in Northern America stood at $X per square meter in 2017, growing by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008, an increase of X% against the previous year. Over the period under review, the export prices for knitted or crocheted fabrics (excluding pile fabrics) attained its maximum level of $X per square meter in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was the U.S. ($X per square meter), while Canada ($X per thousand square meters) was amongst the lowest.

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

Knitted Fabric Imports in Northern America

In 2017, the amount of knitted or crocheted fabrics (excluding pile fabrics) imported in Northern America amounted to X square meters, increasing by X% against the previous year. The knitted fabric imports continue to indicate a temperate expansion. The growth pace was the most rapid in 2012, when it surged by X% against the previous year. In that year, the knitted fabric imports reached their peak volume of X square meters. From 2013 to 2017, growth of the knitted fabric imports stood at a somewhat lower level.

In value terms, knitted fabric imports stood at $X in 2017. The knitted fabric imports continue to indicate a pronounced expansion. Over the period under review, the knitted fabric imports attained its peak figure level of $X in 2016, and then declined slightly in the following year.

Knitted Fabric Imports by Country in Northern America

The U.S. was the major importer of knitted or crocheted fabrics (excluding pile fabrics) in Northern America, with the volume of imports finishing at X square meters, which was near X% of total imports in 2017. It was distantly followed by Canada (X square meters), creating X% share of total imports.

The U.S. was also the fastest growing in terms of the knitted or crocheted fabrics (excluding pile fabrics) imports, 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. ($X) constitutes the largest market for imported knitted or crocheted fabrics (excluding pile fabrics) in Northern America, making up X% of global imports. The second position in the ranking was occupied by Canada ($X), with a X% share of global imports.

In the U.S., knitted fabric imports increased at an average annual rate of +X% over the period from 2007-2017.

Knitted Fabric Import Prices by Country in Northern America

The knitted fabric import price in Northern America stood at $X per square meter in 2017, declining by -X% against the previous year. The import price indicated a modest growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2015, an increase of X% against the previous year. The level of import price peaked of $X per square meter in 2016, and then declined slightly in the following year.

Average import prices varied noticeably amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in the U.S. ($X per square meter) and Canada ($X per square meter), while Canada ($X per square meter) and the U.S. ($X per square meter) were amongst the lowest.

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

Source: IndexBox Platform