Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in the United States - 2024
Contents:
- Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in the United States (CIF) - 2024
- Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in the United States (FOB) - 2024
- Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in the United States
- Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in the United States
Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in the United States (CIF) - 2024
The average import price for woven fabrics of carded wool or of carded fine animal hair stood at $14.6 per square meter in December 2023, with a decrease of -3.9% against the previous month. Over the period from February 2023 to December 2023, it increased at an average monthly rate of +2.1%. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 17% m-o-m. As a result, import price reached the peak level of $16.1 per square meter. From June 2023 to December 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Norway ($29.4 per square meter), while the price for India ($5.6 per square meter) was amongst the lowest.
From February 2023 to December 2023, the most notable rate of growth in terms of prices was attained by China (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in the United States (FOB) - 2024
The average export price for woven fabrics of carded wool or of carded fine animal hair stood at $12.0 per square meter in December 2023, rising by 7.8% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2023 an increase of 31% against the previous month. The export price peaked at $13.8 per square meter in April 2023; however, from May 2023 to December 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was El Salvador ($17.1 per square meter), while the average price for exports to the UK ($7.6 per square meter) was amongst the lowest.
From February 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+42.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in the United States
In 2022, approx. 2.8M square meters of woven fabrics of carded wool or of carded fine animal hair were imported into the United States; rising by 4.3% compared with the previous year. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year. Imports peaked at 2.8M square meters in 2019; afterwards, it flattened through to 2022.
In value terms, imports of woven fabrics of carded wool or of carded fine animal hair expanded markedly to $33M in 2022. Overall, imports, however, showed a noticeable curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 16% against the previous year. Over the period under review, imports of reached the peak figure at $39M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 11.9 | 10.8 | 12.0 | 12.2 | 0.8% |
| Italy | 8.8 | 4.4 | 5.9 | 7.5 | -5.2% |
| United Kingdom | 9.1 | 6.3 | 6.5 | 6.2 | -12.0% |
| Turkey | 0.2 | 0.3 | 1.0 | 1.2 | 81.7% |
| Belgium | 0.5 | 0.4 | 0.9 | 1.2 | 33.9% |
| China | 0.6 | 0.3 | 0.7 | 1.1 | 22.4% |
| Norway | 1.8 | 1.1 | 0.5 | 1.0 | -17.8% |
| India | 0.8 | 0.4 | 0.3 | 0.5 | -14.5% |
| Others | 4.9 | 2.5 | 3.0 | 2.6 | -19.0% |
| Total | 38.6 | 26.5 | 30.8 | 33.3 | -4.8% |
Top Suppliers of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair to the United States in 2022:
- Mexico (1370.6K square meters)
- Italy (415.1K square meters)
- United Kingdom (366.2K square meters)
- China (174.7K square meters)
- Turkey (89.1K square meters)
- Belgium (72.6K square meters)
- India (66.4K square meters)
- Norway (43.8K square meters)
Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in the United States
For the fourth consecutive year, the United States recorded growth in shipments abroad of woven fabrics of carded wool or of carded fine animal hair, which increased by 15% to 1.2M square meters in 2022. The total export volume increased at an average annual rate of +13.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 22%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of woven fabrics of carded wool or of carded fine animal hair declined modestly to $12M in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 8.8%. As a result, the exports reached the peak of $12M, leveling off in the following year.
| Export of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 2,248 | 4,340 | 3,879 | 4,074 | 21.9% |
| El Salvador | 3,588 | 1,772 | 2,553 | 2,744 | -8.6% |
| Canada | 2,572 | 2,206 | 2,209 | 1,978 | -8.4% |
| United Kingdom | 159 | 347 | 254 | 299 | 23.4% |
| China | 241 | 225 | 340 | 281 | 5.3% |
| Italy | 282 | 179 | 205 | 261 | -2.5% |
| Hong Kong SAR | 342 | 228 | 424 | 163 | -21.9% |
| Colombia | N/A | 29.4 | 19.4 | 124 | 105.4% |
| Uruguay | 116 | 89.8 | 95.5 | 110 | -1.8% |
| Germany | 63.5 | 213 | 137 | 109 | 19.7% |
| France | 114 | 266 | 231 | 73.3 | -13.7% |
| Others | 1,581 | 781 | 1,274 | 1,324 | -5.7% |
| Total | 11,306 | 10,676 | 11,620 | 11,539 | 0.7% |
Top Export Markets for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair from the United States in 2022:
- Mexico (380.0K square meters)
- Canada (317.4K square meters)
- El Salvador (236.2K square meters)
- United Kingdom (29.2K square meters)
- Uruguay (28.4K square meters)
- Colombia (21.2K square meters)
- Italy (19.1K square meters)
- China (18.6K square meters)
- Hong Kong SAR (13.3K square meters)
- Germany (12.8K square meters)
- France (9.5K square meters)
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