Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in the United States - 2023

Contents:

1. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in the United States (CIF) - 2023
2. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in the United States (FOB) - 2022
3. Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in the United States
4. Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in the United States

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in the United States (CIF) - 2023

The average import price for felt; whether or not impregnated, coated, covered or laminateds stood at $5,800 per ton in November 2023, surging by 4.2% against the previous month. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in October 2023 an increase of 8.7% m-o-m. Over the period under review, average import prices attained the peak figure in November 2023.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Germany ($13,376 per ton), while the price for Turkey ($1,339 per ton) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in the United States (FOB) - 2022

The average export price for felt; whether or not impregnated, coated, covered or laminateds stood at $7,048 per ton in 2022, rising by 5.2% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The pace of growth was the most pronounced in 2021 an increase of 20% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($10,068 per ton), while the average price for exports to Japan ($863 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahamas (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in the United States

Imports of felt; whether or not impregnated, coated, covered or laminateds into the United States stood at 26K tons in 2022, increasing by 4.3% against 2021 figures. In general, imports, however, saw a relatively flat trend pattern.

In value terms, imports of felt; whether or not impregnated, coated, covered or laminateds skyrocketed to $147M in 2022. The total import value increased at an average annual rate of +3.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Felt; Whether or Not Impregnated, Coated, Covered or Laminated to the United States in 2022:

1. Mexico (7.9K tons)
2. Canada (6.0K tons)
3. South Korea (4.7K tons)
4. China (2.7K tons)
5. Germany (1.2K tons)
6. Turkey (0.5K tons)
7. India (0.4K tons)
8. Dominican Republic (0.4K tons)

Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in the United States

In 2022, approx. 20K tons of felt; whether or not impregnated, coated, covered or laminateds were exported from the United States; approximately reflecting 2021 figures. Over the period under review, exports recorded a pronounced setback. The smallest decline of -0.7% was in 2021.

In value terms, exports of felt; whether or not impregnated, coated, covered or laminateds rose slightly to $143M in 2022. The total export value increased at an average annual rate of +3.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 19%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in the near future.

Top Export Markets for Felt; Whether or Not Impregnated, Coated, Covered or Laminated from the United States in 2022:

1. Mexico (9.4K tons)
2. Canada (7.7K tons)
3. Japan (0.6K tons)
4. China (0.4K tons)
5. Bahamas (0.3K tons)

Source: IndexBox Market Intelligence Platform