Overview of the Market for Fiber, Yarn, And Thread in the USA
In value terms, fiber, yarn, and thread production fell modestly to $ in 2019. Overall, production continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2014 when the production volume decreased by -% against the previous year. Fiber, yarn, and thread production peaked at $ in 2013; however, from 2014 to 2019, production remained at a lower figure.
The value of the fiber, yarn, and thread market in the U.S. shrank to $ in 2019, waning 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). In general, consumption saw a deep setback. The pace of growth appeared the most rapid in 2014 with a decrease of -% against the previous year. Fiber, yarn, and thread consumption peaked at $ in 2013; however, from 2014 to 2019, consumption failed to regain the momentum.