U.S.: Market for Machines For Preparing, Weaving And Knitting Textiles 2025

Market Size for Machines For Preparing, Weaving And Knitting Textiles in the U.S.

The U.S. market for machines for preparing, weaving and knitting textiles declined dramatically to $X in 2021, falling by -15.8% against the previous year. Overall, consumption continues to indicate a abrupt descent. The growth pace was the most rapid in 2016 with an increase of 2.1%. Textile weaving and knitting machinery consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Machines For Preparing, Weaving And Knitting Textiles in the U.S.

In value terms, textile weaving and knitting machinery production shrank rapidly to $X in 2021. Overall, production continues to indicate a pronounced descent. The growth pace was the most rapid in 2020 with an increase of 65% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Machines For Preparing, Weaving And Knitting Textiles

Exports from the U.S.

In 2021, textile weaving and knitting machinery exports from the United States soared to X units, picking up by 31% compared with the previous year. Overall, exports, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2017 with an increase of 272% against the previous year. The exports peaked at X units in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, textile weaving and knitting machinery exports surged to $X in 2021. In general, exports, however, saw a mild decline. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X units), Mexico (X units) and Russia (X units) were the main destinations of textile weaving and knitting machinery exports from the United States, with a combined 50% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of +42.0%), while the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X), the UK ($X) and India ($X) were the largest markets for textile weaving and knitting machinery exported from the United States worldwide, together comprising 43% of total exports.

The UK, with a CAGR of +21.6%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for machines for preparing, weaving and knitting textiles amounted to $X per unit, increasing by 3.2% against the previous year. Overall, the export price continues to indicate a noticeable increase. The growth pace was the most rapid in 2016 when the average export price increased by 254% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($X per unit), while the average price for exports to Russia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+20.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machines For Preparing, Weaving And Knitting Textiles

Imports into the U.S.

In 2021, supplies from abroad of machines for preparing, weaving and knitting textiles was finally on the rise to reach X units after two years of decline. In general, imports, however, saw a abrupt curtailment. Imports peaked at X units in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, textile weaving and knitting machinery imports skyrocketed to $X in 2021. Over the period under review, total imports indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +3.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -22.1% against 2018 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 49%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Taiwan (Chinese) (X units), Germany (X units) and Vietnam (X units) were the main suppliers of textile weaving and knitting machinery imports to the United States, with a combined 47% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of +97.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Japan ($X) and Taiwan (Chinese) ($X) appeared to be the largest textile weaving and knitting machinery suppliers to the United States, with a combined 55% share of total imports. These countries were followed by China, Italy, South Korea, Vietnam, Austria, France, Switzerland and India, which together accounted for a further 34%.

Vietnam, with a CAGR of +98.0%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for machines for preparing, weaving and knitting textiles amounted to $X per unit, shrinking by -10.6% against the previous year. In general, the import price, however, enjoyed a strong increase. The pace of growth appeared the most rapid in 2020 an increase of 197%. As a result, import price reached the peak level of $X per unit, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per unit), while the price for Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+27.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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