U.S. - Cotton Yarn - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCotton Yarn Price in the United States - 2023
Contents:
- Cotton Yarn Price in the United States (FOB) - 2023
- Cotton Yarn Price in the United States (CIF) - 2023
- Cotton Yarn Exports in the United States
- Cotton Yarn Imports in the United States
Cotton Yarn Price in the United States (FOB) - 2023
The average cotton yarn export price stood at $3,440 per ton in August 2023, remaining constant against the previous month. Overall, the export price recorded a slight shrinkage. The growth pace was the most rapid in March 2023 when the average export price increased by 3.3% month-to-month. The export price peaked at $4,163 per ton in September 2022; however, from October 2022 to August 2023, the export prices failed to regain momentum.
Average prices varied somewhat for the major external markets. In August 2023, the highest price was recorded for prices to Guatemala ($3,826 per ton) and El Salvador ($3,596 per ton), while the average price for exports to Colombia ($2,980 per ton) and the Dominican Republic ($3,195 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (-0.8%), while the prices for the other major destinations experienced a decline.
Cotton Yarn Price in the United States (CIF) - 2023
In August 2023, the average cotton yarn import price amounted to $5,409 per ton, picking up by 10% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in May 2023 when the average import price increased by 15% m-o-m. The import price peaked at $6,134 per ton in November 2022; however, from December 2022 to August 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Canada ($12,467 per ton), while the price for El Salvador ($2,205 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Honduras (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Cotton Yarn Exports in the United States
In 2022, exports of cotton yarn from the United States declined to 341K tons, waning by -2.7% compared with 2021 figures. In general, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 32%.
In value terms, cotton yarn exports skyrocketed to $1.3B in 2022. Overall, total exports indicated noticeable growth from 2019 to 2022: its value increased at an average annual rate of +2.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 45%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.
Export of Cotton Yarn in the United States (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Honduras | 671 | 407 | 585 | 753 | 3.9% |
Dominican Republic | 247 | 161 | 248 | 320 | 9.0% |
Guatemala | 29.4 | 31.4 | 65.0 | 85.4 | 42.7% |
El Salvador | 82.9 | 50.7 | 71.1 | 73.3 | -4.0% |
Colombia | 31.7 | 15.7 | 23.2 | 23.3 | -9.8% |
Morocco | 39.4 | 23.7 | 35.1 | 20.5 | -19.6% |
Mexico | 63.6 | 15.8 | 11.5 | 10.9 | -44.5% |
Others | 52.9 | 27.9 | 24.3 | 25.3 | -21.8% |
Total | 1,217 | 733 | 1,063 | 1,312 | 2.5% |
Top Export Markets for Cotton Yarn from the United States in 2022:
- Honduras (192.1K tons)
- Dominican Republic (93.5K tons)
- Guatemala (19.5K tons)
- El Salvador (18.0K tons)
- Morocco (6.0K tons)
- Colombia (5.8K tons)
- Mexico (2.4K tons)
Cotton Yarn Imports in the United States
In 2022, after three years of growth, there was significant decline in purchases abroad of cotton yarn, when their volume decreased by -10.8% to 37K tons. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +9.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +31.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 37% against the previous year. As a result, imports attained the peak of 42K tons, and then reduced in the following year.
In value terms, cotton yarn imports rose markedly to $197M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +15.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 46%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Cotton Yarn in the United States (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 18.2 | 17.5 | 32.5 | 37.5 | 27.2% |
South Korea | 22.2 | 19.1 | 27.8 | 35.1 | 16.5% |
Pakistan | 19.8 | 16.4 | 22.4 | 31.2 | 16.4% |
Mexico | 15.3 | 10.1 | 25.6 | 25.0 | 17.8% |
Turkey | 4.9 | 6.8 | 11.0 | 12.1 | 35.2% |
Canada | 13.6 | 14.3 | 13.7 | 11.8 | -4.6% |
Indonesia | 1.5 | 4.3 | 7.6 | 6.3 | 61.3% |
China | 6.6 | 8.1 | 7.6 | 5.6 | -5.3% |
El Salvador | 1.4 | 1.9 | 2.9 | 3.3 | 33.1% |
Vietnam | 2.4 | 1.9 | 1.5 | 3.2 | 10.1% |
Spain | 3.2 | 2.1 | 3.5 | 2.2 | -11.7% |
Others | 20.6 | 23.1 | 26.7 | 23.7 | 4.8% |
Total | 130 | 126 | 183 | 197 | 14.9% |
Top Suppliers of Cotton Yarn to the United States in 2022:
- India (8.6K tons)
- South Korea (7.4K tons)
- Pakistan (7.0K tons)
- Mexico (4.4K tons)
- Indonesia (1.8K tons)
- Turkey (1.7K tons)
- El Salvador (1.6K tons)
- Canada (1.2K tons)
- Vietnam (0.8K tons)
- China (0.6K tons)
- Spain (0.6K tons)
This report provides an in-depth analysis of the cotton yarn 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 13106160 - Cotton yarn, p.r.s. (excluding sewing thread)
- Prodcom 131061Z1 - Cotton yarn of uncombed fibres, n.p.r.s.
- Prodcom 131061Z2 - Cotton yarn of combed fibres, n.p.r.s.
- Prodcom 13106132 - Yarn of uncombed cotton, n.p.r.s., for woven fabrics (excluding for carpets and floor coverings)
- Prodcom 13106133 - Yarn of uncombed cotton, n.p.r.s., for knitted fabrics and hosiery
- Prodcom 13106135 - Yarn of uncombed cotton, n.p.r.s., for other uses (including carpets and floor coverings)
- Prodcom 13106152 - Yarn of combed cotton, n.p.r.s., for woven fabrics (excluding for carpets and floor coverings)
- Prodcom 13106153 - Yarn of combed cotton, n.p.r.s., for knitted fabrics and hosiery
- Prodcom 13106155 - Yarn of combed cotton, n.p.r.s., for other uses (including carpets and 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
This report provides an in-depth analysis of the cotton yarn market in the U.S..
This report provides an in-depth analysis of the global cotton yarn market.
This report provides an in-depth analysis of the cotton yarn market in the U.S..
This report provides an in-depth analysis of the global cotton yarn market.
In May 2022, the cotton yarn price per ton amounted to $3,762 (FOB, US), increasing by 3.2% against the previous month.
Learn about the world's best import markets for cotton yarn and how they drive the global textile industry. Discover the top players and find out how these countries rely on imports to meet their cotton yarn requirements.
After two years of growth, the global cotton yarn market decreased by -2.8% to $77.2B in 2019. China ($38.9B) led the market, alone. The second position in the ranking was occupied by India ($12.8B). It was followed by Pakistan.
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