Arthur Ekrem has been involved with the textile industry in the U.S and abroad for over 25 years and has helped small innovators and major players grow and expand the creative use of textile products in the home and commercial applications.
Arthur Ekrem Consulting, LLC can assist you with financing, marketing, import/export, business planning and expansion. We work with the textile entrepreneur from start-up or mid-sized business concerns and major corporations looking to dominate in this space.
The textile market is one of the most lucrative industries in the world. In the last 10 years, we have seen magnificent eco-friendly uses of textiles emerging from smaller countries which are used in a variety of fabrics.
Excluding apparel, the U.S. has a strong export position in fiber, yarns, and fabrics. Exports of those products totaled $22.7 billion alone in 2017, making America one of the top individual country exporters of fiber and textile products in the world.
The breakdown of U.S. exports by sector is as follows:
$5.9 billion – cotton & wool
$4.4 billion – yarns
$8.9 billion – fabrics
$3.7 billion – home furnishings, carpet, & other non-apparel sewn products
$5.7 billion – apparel
The U.S. textile industry, its domestic suppliers and customers are comprised of the following: yarn and fabric manufacturers, suppliers in the cotton, wool, and man-made fiber sectors, dyers, printers, and finishers, the machinery and textile chemical industries, and customers in the U.S. apparel industry.
The U.S. textile industry, suppliers and customers are an important component of the U.S. economy and are found in every region of the country. The industry provides much needed jobs in rural areas and has functioned as a springboard for workers out of poverty into good paying jobs for generations.
The industry is also a key contributor to our national defense and supplies over 8,000 products a year to our men and women in uniform.
The U.S. textile industry supply chain—from textile fibers to apparel and other sewn products—employed 550,500 workers in 2017. The U.S. government estimates that one textile manufacturing job in this country supports three other jobs.
U.S. textile and apparel shipments totaled $78 billion in 2017.
The U.S. industry is the fourth largest exporter of textile-related products in the world. Fiber, textile, and apparel exports combined were $28.6 billion in 2017.
Excluding cotton, two-thirds of U.S. textile supply chain exports went to our Western Hemisphere free trade partners in 2017. The entire U.S. textile supply chain exported to more than 200 countries, with 34 countries importing $100 million or more.
The U.S. textile industry supplies more than 8,000 different textile products to the U.S. military.
The United States is the world leader in textile research and development, with the U.S. textile complex developing next generation textile materials such as conductive fabric with antistatic properties, electronic textiles that can monitor heart rate and other vital signs, antimicrobial fibers, lifesaving body armor, and new fabrics that adapt to the climate to make the wearer warmer or cooler.
The U.S. textile industry invested $20 billion in new plants and equipment from 2006 to 2016. Recently U.S. manufacturers have opened new facilities throughout the textile production chain, including recycling facilities to convert textile and other waste to new textile uses and resins.
U.S. textile mills have increased labor productivity by 60% since 2000. In 2017, hourly and nonsupervisory textile mill workers on average earned 136% more than clothing store workers ($646 per week vs. $274) and received health care and pension benefits.
Thanks to a laser-like focus on boosting productivity, flexibility, and innovation, the U.S. textile industry has cemented its position in the global market.
In 2016, the value of U.S. man-made fiber and filament, textile, and apparel shipments totaled an estimated $74.4 billion, an increase of 11 percent since 2009.
The breakdown of 2016 shipments by industry sector is:
$30.3 billion for yarns and fabrics
$24.0 billion for home furnishings, carpet, and other non-apparel sewn products
$12.7 billion for apparel
An estimated $7.4 billion for man-made fibers
Capital expenditures also are healthy. Investment in fiber, yarn, fabric, and other non-apparel textile product manufacturing has climbed from $960 million in 2009 to $1.7 billion in 2015 – an increase of 75 percent.
115,000 jobs in home furnishings, carpet, and other non-apparel sewn products
131,300 jobs in apparel manufacturing
25,700 jobs in man-made fibers
126,600 jobs in cotton farming and related industry
52,500 jobs in wool growing and related industry
As we examine these employment figures, it is important to note that the heavy job losses incurred because of massive import surges in the 1995-2008 timeframe, virtually have stopped. Today, like most other U.S. manufacturing sectors, fluctuations in employment figures are generally due to normal business cycles, new investment, or productivity increases.
U.S. exports of fiber, yarns, fabrics, made-ups, and apparel were $26.3 billion in 2016. Shipments to NAFTA and CAFTA-DR countries accounted for 56 percent of all U.S. textile supply chain exports.
The breakdown of exports by sector is as follows:
$4.0 billion – cotton and wool
$4.5 billion – yarns
$8.6 billion – fabrics
$3.6 billion – home furnishings, carpet, and other non-apparel sewn products
$5.6 billion – apparel
The United States is especially well-positioned globally in fiber, yarn, fabric, and non-apparel sewn products markets; it was the world’s 3rd largest individual country exporter of those products in 2015.
The most important U.S. export markets by region are:
$11.5 billion – NAFTA
$3.2 billion – CAFTA-DR
$7.0 billion – Asia
$2.8 billion – Europe
$1.8 billion – Rest of World
Focusing solely on America’s $13 billion in man-made fiber, yarn and fabric exports, the countries buying the most product are:
$4.4 billion – Mexico
$1.6 billion – Canada
$1.3 billion – Honduras
$759 million – China
$439 million – Dominican Republic
Wrapping up the numbers, the fundamentals for the U.S. textile industry remain sound. With that said, the U.S. textile industry’s commitment to capital re-investment and a continued emphasis on quality and innovation make it well-positioned to adapt to market changes and take advantage of opportunities as 2017-18 moves along.
DISCLAIMER: Arthur Ekrem Consulting LLC and its principals-partners-agents, do not render legal advice, perform accounting services, nor act as an investment advisor or broker-dealer within the meaning of applicable state and federal securities law. Arthur Ekrem Consulting LLC its principals and partners serve as a retained advisory service and consulting firm.
Arthur Ekrem Consulting, LLC - All rights reserved 2018