Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in the United States - 2024
Contents:
- Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in the United States (FOB) - 2022
- Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in the United States (CIF) - 2024
- Exports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in the United States
- Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in the United States
Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in the United States (FOB) - 2022
The average export price for textile fabrics, rubberised; other than those of heading no. 5902s stood at $7.7 per square meter in 2022, with an increase of 15% against the previous year. Overall, the export price continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 64% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($11 per square meter), while the average price for exports to the United Arab Emirates ($1.5 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+16.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in the United States (CIF) - 2024
The average import price for textile fabrics, rubberised; other than those of heading no. 5902s stood at $3.4 per square meter in March 2024, falling by -9.3% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in May 2023 an increase of 42% month-to-month. As a result, import price attained the peak level of $4.4 per square meter. From June 2023 to March 2024, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Canada ($14.6 per square meter), while the price for Vietnam ($921 per thousand square meters) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Vietnam (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in the United States
In 2022, exports of textile fabrics, rubberised; other than those of heading no. 5902s from the United States contracted to 35M square meters, falling by -5.8% compared with 2021 figures. Over the period under review, exports continue to indicate a dramatic downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 0.2% against the previous year. Over the period under review, the exports of reached the maximum at 80M square meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of textile fabrics, rubberised; other than those of heading no. 5902s rose remarkably to $271M in 2022. The total export value increased at an average annual rate of +2.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 30% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the near future.
| Export of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 129 | 87.6 | 123 | 145 | 4.0% |
| Canada | 54.4 | 48.6 | 47.5 | 54.6 | 0.1% |
| Germany | 10.1 | 8.9 | 16.3 | 11.5 | 4.4% |
| Japan | 5.4 | 4.1 | 5.3 | 6.1 | 4.1% |
| United Kingdom | 6.2 | 6.2 | 6.0 | 6.0 | -1.1% |
| China | 5.8 | 6.7 | 7.8 | 5.6 | -1.2% |
| Belgium | 1.4 | 0.8 | 0.7 | 3.0 | 28.9% |
| Brazil | 2.6 | 2.3 | 9.7 | 2.6 | 0.0% |
| United Arab Emirates | 0.3 | 0.4 | 0.3 | 1.7 | 78.3% |
| Others | 35.9 | 27.1 | 33.8 | 35.0 | -0.8% |
| Total | 251 | 193 | 251 | 271 | 2.6% |
Top Export Markets for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 from the United States in 2022:
- Mexico (16.5M square meters)
- Canada (5.0M square meters)
- United Kingdom (3.6M square meters)
- Germany (1.4M square meters)
- Brazil (1.2M square meters)
- United Arab Emirates (1.1M square meters)
- China (1.1M square meters)
- Japan (0.5M square meters)
- Belgium (0.5M square meters)
Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in the United States
For the third consecutive year, the United States recorded decline in overseas purchases of textile fabrics, rubberised; other than those of heading no. 5902s, which decreased by -0.7% to 38M square meters in 2022. Over the period under review, imports saw a dramatic slump. Imports peaked at 75M square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of textile fabrics, rubberised; other than those of heading no. 5902s rose remarkably to $179M in 2022. The total import value increased at an average annual rate of +2.5% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 12%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 36.1 | 51.3 | 46.4 | 45.3 | 7.9% |
| China | 64.0 | 39.7 | 43.9 | 44.7 | -11.3% |
| Germany | 13.1 | 12.5 | 13.3 | 17.9 | 11.0% |
| Thailand | 12.5 | 7.9 | 9.8 | 13.9 | 3.6% |
| Taiwan (Chinese) | 11.0 | 8.0 | 10.2 | 10.0 | -3.1% |
| Vietnam | 0.4 | 0.4 | 4.2 | 7.5 | 165.7% |
| Portugal | 3.8 | 2.6 | 5.5 | 7.2 | 23.7% |
| South Korea | 6.5 | 5.1 | 5.1 | 7.2 | 3.5% |
| India | 2.0 | 2.7 | 4.1 | 5.1 | 36.6% |
| Others | 16.6 | 15.4 | 19.9 | 19.9 | 6.2% |
| Total | 166 | 146 | 162 | 179 | 2.5% |
Top Suppliers of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 to the United States in 2022:
- China (14.3M square meters)
- Canada (7.1M square meters)
- Germany (2.9M square meters)
- Thailand (2.6M square meters)
- Taiwan (Chinese) (1.9M square meters)
- India (1.9M square meters)
- Vietnam (1.3M square meters)
- Portugal (1.2M square meters)
- South Korea (1.2M square meters)
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