Home / Knowledge / News / Textiles / US net textile & apparel imports rebound in 2010
US net textile & apparel imports rebound in 2010
14
Mar '11
U.S. net textile and apparel fiber trade increased in calendar year 2010. Total fiber product imports surpassed 18.5 billion raw-fiber-equivalent pounds in 2010, the highest since 2007 when a record 19.1 billion pounds were imported. Meanwhile, fiber product exports rose to 3.6 billion pounds, an increase from 2009's 15-year low. As a result, net fiber product imports approached 14.9 billion pounds in 2010, 13 percent above 2009 and the second highest on record.

Cotton products continue to contribute the largest share of net textile trade although the gap between cotton and manmade fibers has declined slightly. In 2010, cotton products accounted for 54 percent of the total compared with 56 percent in 2009 while manmade fiber products contributed 40 percent compared with 38 percent in 2009; the other fibers combined for the remaining 6 percent. In 2010, net cotton product imports rose to 8.1 billion pounds, the highest in 3 years.

U.S. Cotton Supply and Demand Unchanged

The U.S. cotton crop for 2010/11 remains estimated at 18.3 million bales (upland at 17.8 million bales and extra-long staple (ELS) at 498,000 bales), compared with last season's 12.2-million-bale crop. U.S. Department of Agriculture - USDA will release final U.S. production estimates for the 2010 season on May 11th. Based on the current production estimate and beginning stocks of 3 million bales, this season's total cotton supply reached 21.3 million bales, 15 percent above last season, which was the lowest since 1990.

U.S. cotton demand estimates also were unchanged in March with total U.S. cotton demand estimated at nearly 19.4 million bales, the highest in five seasons. U.S. cotton mill use during 2010/11 is forecast at 3.6 million bales, a rebound from last season's 3.5 million bales, while exports are projected to reach nearly 15.8 million bales, 31 percent above 2009/10.

Through the first half of the marketing year, U.S. textile mills consumed approximately 1.9 million bales of cotton, compared with 1.7 million a year earlier. Demand for U.S. cotton yarn has remained strong through the first 6 months of 2010/11. This fact is also seen in the seasonally adjusted annual rate (SAAR) of cotton consumption, which has averaged close to 3.8 million bales over the August- January period. However, with available cotton supplies decreased considerably and cotton prices at historic highs, U.S. cotton mill use is expected lower in the second half of the season.

U.S. cotton exports through the first 7 months of the season have totaled approximately 8.2 million bales, compared with 5.8 million a year earlier. With global supplies forecast to remain tight throughout the 2010/11 season, sales were booked relatively early this season. As of early March, 7.4 million bales of U.S. cotton have been sold but not yet shipped; this compares with only 3.8 million a year ago. As a result, total commitments for 2010/11 now stand at 15.6 million bales, 6 million above the corresponding period in 2009/10.


Must ReadView All

Indian govt approves special package for leather, footwear

Textiles | On 16th Dec 2017

Indian govt approves special package for leather, footwear

The Union Cabinet chaired by PM Narendra Modi has approved a special...

EU parliament resolution calls for Cambodia sanctions

Apparel/Garments | On 16th Dec 2017

EU parliament resolution calls for Cambodia sanctions

Following the ongoing crackdown in Cambodia on the opposition and...

Affordable prices to be hit if US pulls out of NAFTA: NRF

Apparel/Garments | On 16th Dec 2017

Affordable prices to be hit if US pulls out of NAFTA: NRF

US retailers’ ability to offer consumers quality products at...

Interviews View All

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

December 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
68.1%
No
13.8%
Skip
18.1%

Total Votes: 94

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.8%
No
29.8%
Skip
7.4%

Total Votes: 94

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
9.6%
Skip
3.2%

Total Votes: 94

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.9%
No
8.5%
Skip
9.6%

Total Votes: 94


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search