Northern America: Quilted Textile Products Market 2024

Quilted Textile Products Market Size in Northern America

The North American quilted textile products market amounted to $X in 2021, with an increase of 5.1% against the previous year. Overall, consumption saw a buoyant increase. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Quilted Textile Products Production in Northern America

In value terms, quilted textile products production rose rapidly to $X in 2021 estimated in export price. In general, production continues to indicate prominent growth. The pace of growth appeared the most rapid in 2017 when the production volume increased by 47% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Quilted Textile Products Exports

Exports in Northern America

After three years of decline, overseas shipments of quilted textile products in the piece (excluding embroidery) increased by 12% to X tons in 2021. Over the period under review, exports, however, recorded a pronounced reduction. The most prominent rate of growth was recorded in 2017 with an increase of 34% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, quilted textile products exports expanded markedly to $X in 2021. In general, exports, however, recorded a pronounced decrease. The most prominent rate of growth was recorded in 2017 with an increase of 36%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

The United States prevails in exports structure, accounting for X tons, which was approx. 95% of total exports in 2021. It was distantly followed by Canada (X tons), comprising a 5% share of total exports.

The United States was also the fastest-growing in terms of the quilted textile products in the piece (excluding embroidery) exports, with a CAGR of -1.7% from 2012 to 2021. Canada (-7.5%) illustrated a downward trend over the same period. While the share of the United States (+3.3 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Canada (-3.3 p.p.) displayed negative dynamics.

In value terms, the United States ($X) remains the largest quilted textile products supplier in Northern America, comprising 85% of total exports. The second position in the ranking was held by Canada ($X), with a 15% share of total exports.

From 2012 to 2021, the average annual growth rate of value in the United States totaled -3.9%.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2021, approximately reflecting the previous year. In general, the export price, however, showed a mild setback. The growth pace was the most rapid in 2019 an increase of 17%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Canada ($X per ton), while the United States amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+4.3%).

Quilted Textile Products Imports

Imports in Northern America

In 2021, after two years of decline, there was significant growth in purchases abroad of quilted textile products in the piece (excluding embroidery), when their volume increased by 15% to X tons. Overall, imports, however, continue to indicate a slight curtailment. The most prominent rate of growth was recorded in 2018 when imports increased by 71%. The volume of import peaked at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, quilted textile products imports rose notably to $X in 2021. The total import value increased at an average annual rate of +1.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when imports increased by 27% against the previous year. The level of import peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

The purchases of the two major importers of quilted textile products in the piece (excluding embroidery), namely Canada and the United States, represented more than two-thirds of total import.

From 2012 to 2021, the biggest increases were recorded for Canada (with a CAGR of +0.6%).

In value terms, the United States ($X) constitutes the largest market for imported quilted textile products in the piece (excluding embroidery) in Northern America, comprising 71% of total imports. The second position in the ranking was held by Canada ($X), with a 29% share of total imports.

From 2012 to 2021, the average annual growth rate of value in the United States was relatively modest.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2021, dropping by -2.8% against the previous year. Import price indicated noticeable growth from 2012 to 2021: its price increased at an average annual rate of +2.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, quilted textile products import price increased by +11.3% against 2017 indices. The pace of growth was the most pronounced in 2017 when the import price increased by 71% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2020, and then fell slightly in the following year.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while Canada totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+3.3%).

Source: IndexBox Platform

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