U.S. Coated Fabric Industry Sees Mixed Performance in 2024
The U.S. coated fabric industry saw a mixed performance in 2024. Production dipped slightly, while exports surged, marking a significant turnaround from previous years.
Production of coated fabrics in the U.S. decreased marginally to $X in 2024, following two years of decline. However, exports showed a robust recovery, increasing by X% to reach X square meters. This growth was largely driven by a rise in exports to Mexico, which accounted for a X% share of total exports.
The U.S. coated fabric market, valued at $X in 2024, showed signs of stability after a period of decline. Consumption patterns remained relatively flat from 2022 to 2024, indicating a steady demand for these products.
Import prices for coated fabrics in the U.S. averaged $X per thousand square meters in 2024. Prices varied significantly by origin, with Japan commanding the highest price at $X per square meter. India emerged as the largest supplier to the U.S., accounting for a X% share of total imports.
In 2024, the U.S. coated fabric industry experienced a shift in production and export trends. While production decreased slightly, exports surged, particularly to Mexico. The market showed signs of stability, with consumption patterns remaining relatively flat. Import prices varied significantly by origin, with Japan leading the high-end market. India continued to be the largest supplier to the U.S.
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