U.S. - Twine, Cordage, Rope And Cables - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTwine and Cordage Price in the United States - 2023
Contents:
- Twine and Cordage Price in the United States (CIF) - 2022
- Twine and Cordage Price in the United States (FOB) - 2022
- Twine and Cordage Imports in the United States
- Twine and Cordage Exports in the United States
Twine and Cordage Price in the United States (CIF) - 2022
In 2022, the average twine and cordage import price amounted to $3,753 per ton, rising by 5.4% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 11% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($8,483 per ton), while the price for Sri Lanka ($1,625 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Twine and Cordage Price in the United States (FOB) - 2022
The average twine and cordage export price stood at $10,091 per ton in 2022, increasing by 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The pace of growth was the most pronounced in 2014 when the average export price increased by 42%. Over the period under review, the average export prices hit record highs at $11,571 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($28,728 per ton), while the average price for exports to Switzerland ($5,370 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 China (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.
Twine and Cordage Imports in the United States
In 2022, the amount of twine, cordage, rope and cables imported into the United States expanded to 103K tons, growing by 1.7% against the previous year's figure. The total import volume increased at an average annual rate of +3.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 6.4% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, twine and cordage imports rose rapidly to $387M in 2022. The total import value increased at an average annual rate of +5.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 18% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in years to come.
Import of Twine and Cordage in the United States (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 78.2 | 80.3 | 92.6 | 76.0 | -0.9% |
Portugal | 30.9 | 28.8 | 40.7 | 47.2 | 15.2% |
Vietnam | 14.3 | 13.4 | 22.0 | 31.1 | 29.6% |
Brazil | 31.9 | 30.5 | 25.0 | 27.0 | -5.4% |
Mexico | 32.8 | 24.3 | 28.1 | 27.0 | -6.3% |
Canada | 17.7 | 19.1 | 26.4 | 26.6 | 14.5% |
India | 17.2 | 13.6 | 18.3 | 25.4 | 13.9% |
Sri Lanka | 7.7 | 5.7 | 5.7 | 12.3 | 16.9% |
Turkey | 5.2 | 6.3 | 8.2 | 10.2 | 25.2% |
Philippines | 9.9 | 5.4 | 5.7 | 7.4 | -9.2% |
Others | 82.7 | 77.3 | 88.2 | 96.6 | 5.3% |
Total | 329 | 305 | 361 | 387 | 5.6% |
Top Suppliers of Twine and Cordage to the United States in 2022:
- China (18.8K tons)
- Portugal (16.4K tons)
- Brazil (14.5K tons)
- Vietnam (11.1K tons)
- India (10.1K tons)
- Sri Lanka (7.5K tons)
- Mexico (3.6K tons)
- Canada (3.1K tons)
- Turkey (3.1K tons)
- Philippines (2.5K tons)
Twine and Cordage Exports in the United States
Twine and cordage exports from the United States expanded notably to 21K tons in 2022, with an increase of 8.8% compared with the year before. The total export volume increased at an average annual rate of +3.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, twine and cordage exports skyrocketed to $217M in 2022. The total export value increased at an average annual rate of +7.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Twine and Cordage in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 62.9 | 54.6 | 62.0 | 71.0 | 4.1% |
Canada | 26.8 | 23.1 | 26.9 | 29.0 | 2.7% |
China | 21.2 | 21.1 | 17.1 | 26.1 | 7.2% |
Costa Rica | 5.2 | 3.5 | 7.4 | 16.0 | 45.4% |
Switzerland | 3.7 | 4.1 | 5.3 | 8.4 | 31.4% |
Norway | 2.0 | 3.7 | 4.5 | 5.3 | 38.4% |
Brazil | 3.7 | 2.6 | 3.9 | 4.9 | 9.8% |
Panama | 0.9 | 0.4 | 0.8 | 4.7 | 73.5% |
Dominican Republic | 3.5 | 2.0 | 2.2 | 3.4 | -1.0% |
Others | 44.7 | 42.6 | 47.3 | 48.3 | 2.6% |
Total | 175 | 158 | 177 | 217 | 7.4% |
Top Export Markets for Twine and Cordage from the United States in 2022:
- Mexico (8.2K tons)
- Canada (4.0K tons)
- Switzerland (1.6K tons)
- Costa Rica (1.4K tons)
- China (0.9K tons)
- Norway (0.6K tons)
- Brazil (0.5K tons)
- Panama (0.5K tons)
- Dominican Republic (0.4K tons)
This report provides an in-depth analysis of the twine and cordage 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 13941133 -
- Prodcom 13941135 -
- Prodcom 13941153 - Sisal binder or baler (agricultural) twines
- Prodcom 13941155 - Polyethylene or polypropylene binder or baler (agricultural) t wines
- Prodcom 13941160 - Cordage, ropes or cables of polyethylene, polypropylene, n ylon or other polyamides or of polyesters measuring > .50 .000 decitex, of other synthetic fibres (excluding binder or baler twine)
- Prodcom 13941170 - Twines of polyethylene or polypropylene, of nylon or other polyamides or polyesters measuring . .50 .000 decitex (5 g/m) (excluding binder or baler twine)
- Prodcom 13941190 - Twines, cordage, rope and cables of textile materials (excluding jute and other textile bast fibres, sisal, abaca or other hard leaf fibres, synthetic fibres)
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
-
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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Imports of Twine And Cordage fell to $22M in June 2023.
Find out what the Polyethylene Binder price was in May 2023: $2,577 per ton (CIF, US), staying at the same level as in April.
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In value terms, rags exports totaled $X in 2016. Overall, it indicated a pronounced growth from 2007 to 2016: the total exports value increased at an average annual rate of +X% over the last nine...
In 2016, the global twine and cordage imports totaled X tons, declining by -X% against the previous year level. In general, twine and cordage imports continue to indicate a measured curtailmen...
In 2016, the global twine and cordage imports totaled X tons, declining by -X% against the previous year level. In general, twine and cordage imports continue to indicate a measured curtailmen...
China dominates in the global rope and cable trade. It was the fastest growing exporter from 2007 to 2014 (+X% per year), and significantly strengthened its position in the global export structure from X in 2007 to X in 2014. X% of its tota
China, India, the USA, the EU-X and the Republic of Korea represented more than X% of global output. From 2007-2013, these countries showed steady growth in production volumes. Especially high were the growth levels in China (+X%) and the USA (+X
Imports of Twine And Cordage fell to $22M in June 2023.
Find out what the Polyethylene Binder price was in May 2023: $2,577 per ton (CIF, US), staying at the same level as in April.