U.S. - Tufted Textile Fabrics - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTufted Textile Fabric Price in the United States - 2023
Contents:
- Tufted Textile Fabric Price in the United States (CIF) - 2023
- Tufted Textile Fabric Price in the United States (FOB) - 2022
- Tufted Textile Fabric Imports in the United States
- Tufted Textile Fabric Exports in the United States
Tufted Textile Fabric Price in the United States (CIF) - 2023
The average tufted textile fabric import price stood at $8.4 per square meter in September 2023, surging by 4.9% against the previous month. Over the period under review, the import price continues to indicate a resilient expansion. The most prominent rate of growth was recorded in July 2023 an increase of 547% month-to-month. As a result, import price attained the peak level of $20.9 per square meter. From August 2023 to September 2023, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was China ($8.4 per square meter), while the price for Vietnam totaled $7.5 per square meter.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (+6.1%).
Tufted Textile Fabric Price in the United States (FOB) - 2022
The average tufted textile fabric export price stood at $25 per square meter in 2022, which is down by -93.1% against the previous year. Over the period under review, the export price, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 1,665% against the previous year. As a result, the export price attained the peak level of $357 per square meter, and then fell dramatically in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($28 per square meter), while the average price for exports to Mexico ($19 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 the Netherlands (+20.4%), while the prices for the other major destinations experienced mixed trend patterns.
Tufted Textile Fabric Imports in the United States
In 2022, imports of tufted textile fabrics into the United States skyrocketed to 459K square meters, growing by 153% compared with 2021. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 491%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, tufted textile fabric imports soared to $2.4M in 2022. In general, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 508% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the near future.
Import of Tufted Textile Fabric in the United States (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
China | 203 | 1,248 | 1,597 | 180.5% | |
Egypt | N/A | N/A | 602 | 0% | |
India | N/A | 2.1 | 121 | 5661.9% | |
Turkey | N/A | N/A | 72.7 | 0% | |
Others | 9.7 | 42.6 | 50.1 | 127.3% | |
Total | 213 | 1,293 | 2,443 | 238.7% |
Top Suppliers of Tufted Textile Fabric to the United States in 2022:
- Egypt (218.5K square meters)
- China (213.0K square meters)
- Turkey (17.5K square meters)
- India (7.6K square meters)
Tufted Textile Fabric Exports in the United States
In 2022, the amount of tufted textile fabrics exported from the United States skyrocketed to 7.5K square meters, with an increase of 1,292% against 2021. In general, exports, however, faced a precipitous descent. The exports peaked at 15K square meters in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
In value terms, tufted textile fabric exports declined modestly to $186K in 2022. Over the period under review, exports, however, continue to indicate a significant curtailment. Over the period under review, the exports hit record highs at $755K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Tufted Textile Fabric in the United States (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
United Kingdom | N/A | 16.6 | 136 | 719.3% | |
Mexico | 70.5 | 101 | 21.0 | -45.4% | |
Canada | 44.4 | 41.6 | 14.5 | -42.9% | |
Netherlands | 141 | N/A | 5.8 | -79.7% | |
Japan | 18.5 | N/A | N/A | 0% | |
China | 10.5 | N/A | N/A | 0% | |
Others | 17.0 | 33.9 | 8.7 | -28.5% | |
Total | 302 | 193 | 186 | -21.5% |
Top Export Markets for Tufted Textile Fabric from the United States in 2022:
- United Kingdom (5.4K square meters)
- Mexico (1.1K square meters)
- Canada (0.6K square meters)
- Netherlands (0.2K square meters)
This report provides an in-depth analysis of the tufted textile fabric market in the U.S.. 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 13204500 - Tufted textile fabrics (excluding tufted carpets and other textile floor coverings)
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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