Market for Twine, Cordage or Textile Net in Northern America
In value terms, twine, cordage or textile net production expanded remarkably to $ in estimated in export price. Over the period under review, production recorded a buoyant increase. The growth pace was the most rapid in 2017 with an increase of % against the previous year. The level of production peaked at $ in 2019; however, from to , production failed to regain momentum.
The country with the largest volume of twine, cordage or textile net production was the United States ( tons), accounting for % of total volume.
From 2007 to , the average annual growth rate of volume in the United States stood at +%.
The value of the market for nets of twine, cordage, rope or textile materials in Northern America expanded sharply to $ in , surging by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded prominent growth. Over the period under review, the market hit record highs at $ in 2019; however, from to , consumption stood at a somewhat lower figure.
In the United States, twine, cordage or textile net consumption increased at an average annual rate of +% over the period from 2007-.
In value terms, the United States ($) led the market, alone. The second position in the ranking was taken by Canada ($).
From 2007 to , the average annual rate of growth in terms of value in the United States totaled +%.
From 2007 to , the average annual rate of growth in terms of the twine, cordage or textile net per capita consumption in the United States amounted to +%.