Report Update Nov 1, 2024

Puerto Rico - Woven Pile Fabrics and Chenille Fabrics - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Market for Woven Pile Fabrics And Chenille Fabrics 2024

Market Size for Woven Pile Fabrics And Chenille Fabrics in Puerto Rico

The Puerto Rican pile and chenille fabric market contracted modestly to $X in 2021, waning by -1.9% against the previous year. In general, consumption, however, recorded a noticeable decline. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Woven Pile Fabrics And Chenille Fabrics in Puerto Rico

In value terms, pile and chenille fabric production declined to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a slight decline. The most prominent rate of growth was recorded in 2014 when the production volume increased by 32% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

Exports of Woven Pile Fabrics And Chenille Fabrics

Exports from Puerto Rico

Pile and chenille fabric exports from Puerto Rico stood at less than X kg in 2021, leveling off at 2020. Over the period under review, exports recorded a relatively flat trend pattern.

In value terms, pile and chenille fabric exports amounted to less than $X in 2021. Overall, exports recorded a relatively flat trend pattern.

Exports by Country

China dominates exports structure, finishing at X tons, which was approx. 79% of total exports in 2021. Turkey (X tons), Belgium (X tons), South Korea (X tons), Spain (X tons) and Germany (X tons) held a minor share of total exports.

China experienced a relatively flat trend pattern with regard to volume of exports of woven pile fabrics and chenille fabrics. At the same time, South Korea (+1.5%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing exporter exported in the world, with a CAGR of +1.5% from 2012-2021. Spain experienced a relatively flat trend pattern. By contrast, Belgium (-5.2%), Turkey (-7.9%) and Germany (-12.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of China increased by +10 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest pile and chenille fabric supplier from Puerto Rico, comprising 64% of global exports. The second position in the ranking was held by South Korea ($X), with an 8.2% share of global exports. It was followed by Turkey, with a 4.3% share.

From 2012 to 2021, the average annual growth rate of value in China was relatively modest. In the other countries, the average annual rates were as follows: South Korea (+10.3% per year) and Turkey (-7.9% per year).

Export Prices by Country

The export price in Puerto Rico stood at less than $X per ton in 2021, therefore, remained relatively stable against the previous year. In general, the export price continues to indicate a relatively flat trend pattern.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was South Korea ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+8.7%), while the other leaders experienced a decline in the export price figures.

Imports of Woven Pile Fabrics And Chenille Fabrics

Imports into Puerto Rico

In 2021, approx. less than X kg of woven pile fabrics and chenille fabrics were imported into Puerto Rico; approximately mirroring 2020 figures. Overall, imports saw a relatively flat trend pattern.

In value terms, pile and chenille fabric imports amounted to less than $X in 2021. In general, imports showed a relatively flat trend pattern.

Imports by Country

The purchases of the six major importers of woven pile fabrics and chenille fabrics, namely the United Arab Emirates, the United States, Vietnam, the UK, Bangladesh and Poland, represented more than half of total import. It was distantly followed by Russia (X tons), creating a 1.5% share of total imports. The following importers - Kazakhstan (X tons), Egypt (X tons), Italy (X tons) and Germany (X tons) - each reached a 7.6% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +23.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported woven pile fabrics and chenille fabrics into Puerto Rico, comprising 18% of global imports. The second position in the ranking was taken by Vietnam ($X), with a 9% share of global imports. It was followed by the UK, with an 8.6% share.

In the United Arab Emirates, pile and chenille fabric imports expanded at an average annual rate of +9.8% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Vietnam (+22.7% per year) and the UK (+1.3% per year).

Import Prices by Country

The import price in Puerto Rico stood at less than $X per ton in 2021, flattening at the previous year. Overall, the import price showed a relatively flat trend pattern.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Italy ($X per ton), while Egypt ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+7.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for woven pile fabrics and chenille fabrics in the world?

The country with the largest volume of pile and chenille fabric consumption was China, accounting for 28% of total volume. Moreover, pile and chenille fabric consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. Jordan ranked third in terms of total consumption with a 10% share.

What are the largest producers of woven pile fabrics and chenille fabrics in the world?

China constituted the country with the largest volume of pile and chenille fabric production, accounting for 69% of total volume. Moreover, pile and chenille fabric production in China exceeded the figures recorded by the second-largest producer, the United States, more than tenfold. India ranked third in terms of total production with a 5.3% share.

What are the leading suppliers of woven pile fabrics and chenille fabrics to Puerto Rico?

In value terms, the United Arab Emirates, the UK and the United States constituted the countries with the highest levels of imports in 2021, together comprising 36% of total imports. These countries were followed by Poland, Bangladesh, Vietnam, Nigeria and Jordan, which together accounted for a further 16%.

What are the leading importers of woven pile fabrics and chenille fabrics from Puerto Rico?

In value terms, China remains the largest pile and chenille fabric supplier from Puerto Rico, comprising 58% of global exports. The second position in the ranking was occupied by Turkey, with a 5.3% share of global exports.

What is the average export price for woven pile fabrics and chenille fabrics in Puerto Rico?

In 2021, the export price in Puerto Rico amounted to less than $0.1 per ton, remaining stable against the previous year.

What is the average import price for woven pile fabrics and chenille fabrics in Puerto Rico?

The import price in Puerto Rico stood at less than $0.1 per ton in 2021, approximately equating the previous year.

This report provides an in-depth analysis of the market for pile and chenille fabric in Puerto Rico. 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 13204100 - Warp and weft pile fabrics, chenille fabrics (excluding terry towelling and similar woven terry fabrics of cotton, tufted textile fabrics, narrow fabrics)

Country coverage:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023