U.S.: Woolen Fabric Market 2025

Woolen Fabric Market Size in the U.S.

The U.S. woolen fabric market was estimated at $X in 2021, with an increase of 13% against the previous year. In general, consumption, however, showed a abrupt shrinkage. Woolen fabric consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Woolen Fabric Production in the U.S.

In value terms, woolen fabric production soared to $X in 2021. Overall, production, however, showed a deep downturn. The growth pace was the most rapid in 2019 with an increase of 109% against the previous year. Woolen fabric production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Woolen Fabric Exports

Exports from the U.S.

For the fourth year in a row, the United States recorded decline in overseas shipments of woven woolen fabrics, which decreased by -7.5% to X square meters in 2021. Overall, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2015 when exports increased by 14% against the previous year. Over the period under review, the exports reached the peak figure at X square meters in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, woolen fabric exports reduced slightly to $X in 2021. In general, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2017 when exports increased by 7.2% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Canada (X square meters) was the main destination for woolen fabric exports from the United States, accounting for a 44% share of total exports. Moreover, woolen fabric exports to Canada exceeded the volume sent to the second major destination, Myanmar (X square meters), threefold. The third position in this ranking was taken by Mexico (X square meters), with a 12% share.

From 2012 to 2021, the average annual growth rate of volume to Canada totaled -6.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Myanmar (+123.6% per year) and Mexico (-18.9% per year).

In value terms, Canada ($X), Mexico ($X) and El Salvador ($X) appeared to be the largest markets for woolen fabric exported from the United States worldwide, together accounting for 70% of total exports. The UK, China, Hong Kong SAR, Italy, Germany, Myanmar and France lagged somewhat behind, together accounting for a further 15%.

Myanmar, with a CAGR of +66.1%, 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

The average woolen fabric export price stood at $X per square meter in 2021, with an increase of 3.3% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 28%. Over the period under review, the average export prices attained the maximum in 2021 and is likely to see steady growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.

Woolen Fabric Imports

Imports into the U.S.

Woolen fabric imports into the United States reached X square meters in 2021, growing by 6.5% against the previous year. In general, imports, however, recorded a abrupt descent. The growth pace was the most rapid in 2014 with an increase of 6.8%. Over the period under review, imports reached the peak figure at X square meters in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, woolen fabric imports reached $X in 2021. Overall, imports, however, continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2014 when imports increased by 8.5% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Mexico (X square meters), Italy (X square meters) and the UK (X square meters) were the main suppliers of woolen fabric imports to the United States, with a combined 68% share of total imports. China, Chile, Belgium, Turkey, India, Ireland, Germany and Canada lagged somewhat behind, together comprising a further 25%.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +21.4%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Italy ($X), Mexico ($X) and the UK ($X) were the largest woolen fabric suppliers to the United States, with a combined 63% share of total imports. Chile, Belgium, China, Turkey, Ireland, India, Germany and Canada lagged somewhat behind, together accounting for a further 27%.

In terms of the main suppliers, Turkey, with a CAGR of +25.1%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average woolen fabric import price stood at $X per square meter in 2021, approximately mirroring the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 10% against the previous year. As a result, import price attained the peak level of $X per square meter, leveling off in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per square meter), while the price for China ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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