23 June 2003 - US imports
of carded cotton yarns began declining in April
while imports of combed cotton yarns slowed
down with Pakistan submitted to a dramatic fall
in shipments while Canada and Mexico benefited
from a clear rebound in sales to the US.
After rising in the first quarter, US imports
of carded cotton yarns were down 2.12% in April
in volume terms, at 6,747 tons.
Imports finally rose 1.42% in volume terms
in the first four months of the year (latest
available data) while increasing by 2.92% in
value terms at US$55 million.
Average unit value rose 1.48% in the same period
and compared with last year at US$2.23 per kilo.
The rise in prices is mainly due to higher cotton
Pakistan again losing market shares
Although still largest supplier, Pakistan is
increasingly losing ground on US carded cotton
yarn market. Shipments were down 11.40% in April
and 12.34% in the January-April period at 6,661
Canada is not far from ranking first after
its exports were up 16.36% in April, rising
15.22% in the first four months.
US imports from Mexico are finally rebounding,
up 17.15% in April with an average growth of
1% in the first four months.
Brazil and Bahrain continued enjoying a boom
in sales of carded cotton yarns to the United
States with exports up 292% and 343% in April,
Imports from Uzbekistan and Egypt fell at the
same time as exporters from these countries
clearly shifted to sales of combed cotton yarns
to the United States.
Egypt's shipments of carded cotton yarns to
the US fell 18.43% in volume terms in April
while exports of combed cotton yarns were up
no less than 346%.
In the January-April period, Egypt became the
third largest supplier in this category 301
with exports up 555% in volume terms and 466%
in value terms.
After less rapidly rising in the first quarter,
US imports of combed cotton yarns from Uzbekistan
surged in April with a 47% growth in volume
China rapidly approaching
Mexico also did well in April thanks to an
increase of 37% in shipments to the US. Imports
from China also began surging with a 74% rise
in exports of combed cotton yarns to the United
Although from very low levels, imports from
Vietnam are also rapidly increasing, up 63%
Swiss exports nearly tripled in volume terms
in the first four months. Switzerland even was
US sixth largest supplier of combed cotton yarns
in value terms in April thanks to the very high
unit value of its fine yarns, at US$7.93 per
Average unit value of Italian combed cotton
yarns was US$5.45 per kilo at the same time
while ranging from about US$2.20 up to US$2.80
for Asian suppliers.