Northern America: Market for Woven Pile Fabrics And Chenille Fabrics 2025

Market Size for Woven Pile Fabrics And Chenille Fabrics in Northern America

In 2021, the North American pile and chenille fabric market increased by 6.4% to $X, rising for the fourth consecutive year after three years of decline. The total consumption indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +6.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +101.2% against 2017 indices. The level of consumption peaked in 2021 and is expected to retain growth in the immediate term.

Production of Woven Pile Fabrics And Chenille Fabrics in Northern America

In value terms, pile and chenille fabric production stood at $X in 2021 estimated in export price. Over the period under review, production continues to indicate a prominent expansion. The pace of growth was the most pronounced in 2014 with an increase of 58%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Exports of Woven Pile Fabrics And Chenille Fabrics

Exports in Northern America

For the fifth consecutive year, Northern America recorded decline in overseas shipments of woven pile fabrics and chenille fabrics, which decreased by -3.6% to X tons in 2021. Over the period under review, exports saw a abrupt downturn. The pace of growth appeared the most rapid in 2016 when exports increased by 3.4%. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, pile and chenille fabric exports surged to $X in 2021. In general, exports saw a relatively flat trend pattern. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, the United States (X tons) was the key exporter of woven pile fabrics and chenille fabrics, generating 88% of total exports. It was distantly followed by Canada (X tons), generating a 12% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to pile and chenille fabric exports from the United States stood at -10.3%. Canada experienced a relatively flat trend pattern. Canada (+7 p.p.) significantly strengthened its position in terms of the total exports, while the United States saw its share reduced by -7% from 2012 to 2021, respectively.

In value terms, the United States ($X) remains the largest pile and chenille fabric supplier in Northern America, comprising 80% of total exports. The second position in the ranking was taken by Canada ($X), with a 20% share of total exports.

From 2012 to 2021, the average annual growth rate of value in the United States amounted to -1.8%.

Export Prices by Country

In 2021, the export price in Northern America amounted to $X per ton, growing by 25% against the previous year. Over the period under review, the export price posted a resilient expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Canada ($X per ton), while the United States stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+9.4%).

Imports of Woven Pile Fabrics And Chenille Fabrics

Imports in Northern America

In 2021, approx. X tons of woven pile fabrics and chenille fabrics were imported in Northern America; rising by 20% against the previous year. Over the period under review, imports, however, recorded a noticeable reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 62%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, pile and chenille fabric imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +2.5% from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States prevails in imports structure, accounting for X tons, which was near 93% of total imports in 2021. It was distantly followed by Canada (X tons), making up a 7.2% share of total imports.

Imports into the United States decreased at an average annual rate of -3.9% from 2012 to 2021. Canada (-1.5%) illustrated a downward trend over the same period. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported woven pile fabrics and chenille fabrics in Northern America, comprising 87% of total imports. The second position in the ranking was held by Canada ($X), with a 13% share of total imports.

From 2012 to 2021, the average annual growth rate of value in the United States totaled +3.1%.

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per ton, growing by 2% against the previous year. Import price indicated a prominent increase from 2012 to 2021: its price increased at an average annual rate of +6.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, pile and chenille fabric import price decreased by -35.4% against 2019 indices. The pace of growth was the most pronounced in 2013 an increase of 47% against the previous year. The level of import peaked at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, 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 the United States (+7.3%).

Source: IndexBox Platform

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