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