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  July 27th, 2023 | Written by

May 2023 Sees $888M Surge in U.S. Import of Curtains and Linen

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U.S. Curtain And Linen Imports

In May 2023, purchases abroad of curtains and linen increased by 8.3% to 174K tons, rising for the second month in a row after eight months of decline. Over the period under review, imports, however, showed a perceptible decrease. The pace of growth was the most pronounced in April 2023 with an increase of 17% m-o-m.

In value terms, curtain and linen imports rose notably to $888M (IndexBox estimates) in May 2023. In general, imports, however, continue to indicate a pronounced curtailment.

Imports by Country

In May 2023, China (113K tons) constituted the largest supplier of curtain and linen to the United States, with a 65% share of total imports. Moreover, curtain and linen imports from China exceeded the figures recorded by the second-largest supplier, Pakistan (28K tons), fourfold.

From May 2022 to May 2023, the average monthly growth rate of volume from China amounted to -1.5%. The remaining supplying countries recorded the following average monthly rates of imports growth: Pakistan (-3.3% per month) and India (-2.4% per month).

In value terms, China ($465M) constituted the largest supplier of curtain and linen to the United States, comprising 52% of total imports. The second position in the ranking was taken by India ($222M), with a 25% share of total imports.

From May 2022 to May 2023, the average monthly rate of growth in terms of value from China totaled -2.8%. The remaining supplying countries recorded the following average monthly rates of imports growth: India (-2.5% per month) and Pakistan (-4.4% per month).

Import Prices by Country

In May 2023, the curtain and linen price amounted to $5,112 per ton (CIF, US), surging by 2.6% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $5,676 per ton in May 2022; however, from June 2022 to May 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was India ($9,024 per ton), while the price for Pakistan ($3,802 per ton) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by India (-0.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform