Research and Markets: The Average Price of US Textile And Clothing Imports Fell For The First Time In Three Years In 2009

* Reuters is not responsible for the content in this press release.

Thu Apr 22, 2010 12:55pm EDT

DUBLIN--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/research/8ffc34/trends_in_us_texti) has
announced the addition of Textiles Intelligence's new report "Trends in US
Textile and Clothing Imports, 2010 Update" to their offering. 

US imports of textiles and clothing fell for the second year in succession in
2009, by 7.5% to 46.6 bn sme (square metres equivalent), following a 5.2% drop
in 2008 which was the first decline since 2001. Within the 2009 total, fabric
imports fell by 5.4%, imports of apparel by 6.1%, imports of made-up textiles by
8.5% and yarn imports by 18.4%. Of these four categories, apparel continued to
account for the highest share of total imports. Furthermore, at 45.7%, this
share was up from 45.1% a year earlier and at its highest level since 2001. The
share of fabrics rose for the first time in seven years, to 15.9%. However, this
was still the second lowest level on record. By contrast, the share of made-up
textiles declined for the second consecutive year but, at 33.3%, it was still
the third highest on record. Meanwhile, the share of yarn imports fell for the
fifth consecutive year, to just 5.1%. 

In terms of fibre type, cotton dominated US apparel imports in 2009 with a share
of 59.1%. But manmade fibres dominated textile and apparel imports as a whole
with a 56.2% share. The average price of US textile and clothing imports fell
for the first time in three years in 2009, to a new low of US$1.74 per sme. The
average prices of imports from China, Vietnam, India and Mexico the USA's four
largest suppliers, respectively all fell, as did the average prices of imports
from Cambodia, Pakistan and Thailand. By contrast, there were increases in the
average prices of imports from Bangladesh, Honduras and Indonesia. 

China strengthened its lead as the USA's biggest supplier in 2009, having
increased its share in both value and volume terms. However, imports from the
country declined in value terms, by 2.8%, and grew only marginally in terms of
volume, by 0.5%. Despite these developments, Chinas share of the US import
market rose from 35.1% to 39.2% in value terms and from 40.9% to 44.5% in
volume. The fastest growing supplier at least in terms of volume was Vietnam, as
imports from the country increased by 20.8% in terms of sme. In value terms,
however, imports from Vietnam declined by 1.7%. Imports from the other leading
suppliers fell in value and volume terms. Furthermore, imports from Cambodia,
Honduras, Mexico and Thailand all fell at double digit rates and each lost
market share. Meanwhile, the declines in imports from Bangladesh, India and
Indonesia were confined to single digits and each country gained market share. 

Key Topics Covered:

* US IMPORTS OF TEXTILES AND CLOTHING BY MAIN 
* CATEGORY: YARNS, FABRICS, APPAREL AND MADE-UP TEXTILES 
* US IMPORTS OF TEXTILES AND CLOTHING BY FIBRE TYPE 
* MAJOR SUPPLIERS OF US TEXTILE AND CLOTHING IMPORTS 
* Average import prices 
* Impact of quota elimination and safeguard restrictions on US imports from
China 
* US TEXTILE AND CLOTHING IMPORT PRICES 
* SUPPLIER CONCENTRATION 
* OUTLOOK FOR US TEXTILE AND CLOTHING IMPORTS 
* US IMPORTS OF MENS AND BOYS COTTON COATS 
* US IMPORTS OF WOMENS AND GIRLS COTTON COATS 
* US IMPORTS OF WOMENS AND GIRLS WOOL COATS 
* US IMPORTS OF COTTON DRESSES 
* US IMPORTS OF MENS AND BOYS COTTON KNITTED SHIRTS 
* US IMPORTS OF WOMENS AND GIRLS COTTON KNITTED 
* SHIRTS 
* US IMPORTS OF MENS AND BOYS COTTON NON-KNITTED 
* (WOVEN) SHIRTS 
* US IMPORTS OF WOMENS AND GIRLS COTTON NON-KNITTED (WOVEN) SHIRTS 
* US IMPORTS OF COTTON SKIRTS 
* US IMPORTS OF MAN-MADE FIBRE SKIRTS 
* US IMPORTS OF MENS AND BOYS COTTON TROUSERS 
* US IMPORTS OF WOMENS AND GIRLS COTTON TROUSERS 
* US IMPORTS OF COTTON AND MAN-MADE FIBRE BABY 
* GARMENTS 
* US IMPORTS OF COTTON PILE TOWELS 
* US IMPORTS OF OTHER COTTON APPAREL 
* APPENDIX: EXCHANGE RATES AND THE PHASING-OUT OF QUOTAS 
* STATISTICAL APPENDIX 
* List of tables

For more information visit
http://www.researchandmarkets.com/research/8ffc34/trends_in_us_texti

Research and Markets
Laura Wood, Senior Manager,
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716 

Copyright Business Wire 2010

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