U.S.: Gauze Market 2024

Gauze Market Size in the U.S.

After ten years of growth, the U.S. gauze market decreased by -1.9% to $X in 2022. Over the period under review, consumption continues to indicate resilient growth. As a result, consumption attained the peak level of $X, and then reduced slightly in the following year.

Gauze Production in the U.S.

In value terms, gauze production totaled $X in 2022. In general, production saw a relatively flat trend pattern. Over the period under review, production hit record highs in 2022 and is likely to continue growth in the immediate term.

Gauze Exports

Exports from the U.S.

In 2022, approx. X square meters of gauze (excluding medical gauze) were exported from the United States; rising by 21% on the previous year's figure. Overall, exports showed a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, gauze exports skyrocketed to $X in 2022. Over the period under review, exports, however, saw a noticeable decrease. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Canada (X square meters) was the main destination for gauze exports from the United States, with a 59% share of total exports. Moreover, gauze exports to Canada exceeded the volume sent to the second major destination, Costa Rica (X square meters), fourfold. The third position in this ranking was held by Mexico (X square meters), with a 6.6% share.

From 2020 to 2022, the average annual rate of growth in terms of volume to Canada amounted to +50.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Costa Rica (+100.2% per year) and Mexico (-12.9% per year).

In value terms, the largest markets for gauze exported from the United States were Canada ($X), Costa Rica ($X) and Mexico ($X), together accounting for 74% of total exports. The United Arab Emirates, Australia, Italy, Indonesia, South Korea and Barbados lagged somewhat behind, together accounting for a further 14%.

Among the main countries of destination, Australia, with a CAGR of +448.2%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average gauze export price stood at $X per square meter in 2022, with an increase of 42% against the previous year. Over the last two-year period, it increased at an average annual rate of +9.5%. 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 destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per square meter), while the average price for exports to Canada ($X per square meter) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+112.5%), while the prices for the other major destinations experienced more modest paces of growth.

Gauze Imports

Imports into the U.S.

In 2022, the amount of gauze (excluding medical gauze) imported into the United States skyrocketed to X square meters, with an increase of 44% on the previous year. In general, imports showed a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, gauze imports declined to $X in 2022. Overall, imports, however, continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 25%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Vietnam (X square meters) constituted the largest supplier of gauze to the United States, with a 88% share of total imports. Moreover, gauze imports from Vietnam exceeded the figures recorded by the second-largest supplier, China (X square meters), more than tenfold. The third position in this ranking was taken by Indonesia (X square meters), with a 2.5% share.

From 2020 to 2022, the average annual growth rate of volume from Vietnam totaled +4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-31.7% per year) and Indonesia (-25.3% per year).

In value terms, the largest gauze suppliers to the United States were Vietnam ($X), China ($X) and Indonesia ($X), together comprising 68% of total imports. Colombia and South Korea lagged somewhat behind, together accounting for a further 13%.

Colombia, with a CAGR of +34.0%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average gauze import price stood at $X per square meter in 2022, dropping by -32.4% against the previous year. In general, import price indicated a strong expansion from 2020 to 2022: its price increased at an average annual rate of +9.5% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, gauze import price increased by +19.9% against 2020 indices. The growth pace was the most rapid in 2021 when the average import price increased by 77% against the previous year. As a result, import price reached the peak level of $X per square meter, and then shrank dramatically in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($X per square meter), while the price for Vietnam ($X per square meter) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+103.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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