U.S. Sausage Exports

In June 2023, overseas shipments of sausage, canned meat, and meat by-product decreased by -1.2% to 120K tons, falling for the second month in a row after two months of growth. Over the period under review, exports saw a noticeable decline. The pace of growth was the most pronounced in December 2022 with an increase of 21% against the previous month. As a result, the exports attained the peak of 172K tons. From January 2023 to June 2023, the growth of the exports remained at a lower figure.

In value terms, sausage exports reduced modestly to $108M (IndexBox estimates) in June 2023. Overall, exports recorded a noticeable decrease. The pace of growth appeared the most rapid in December 2022 with an increase of 44% month-to-month. As a result, the exports attained the peak of $187M. From January 2023 to June 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Indonesia (23K tons), China (21K tons) and Mexico (20K tons) were the main destinations of sausage exports from the United States, together comprising 54% of total exports.

From June 2022 to June 2023, the biggest increases were in China (with a CAGR of +6.0%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for sausage exported from the United States were China ($24M), Mexico ($17M) and Canada ($17M), together accounting for 54% of total exports.

In terms of the main countries of destination, China, with a CAGR of +6.4%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In June 2023, the sausage price amounted to $901 per ton (FOB, US), which is down by -3.6% against the previous month. In general, the export price continues to indicate a slight setback. The pace of growth was the most pronounced in December 2022 an increase of 19% month-to-month. Over the period under review, the average export prices attained the peak figure at $1,092 per ton in April 2023; however, from May 2023 to June 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Singapore ($4,250 per ton), while the average price for exports to Vietnam ($520 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+9.5%), while the prices for the other major destinations experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform  

U.S. Sodium Carbonate Exports

In June 2023, approximately 541K tons of sodium carbonate were exported from the United States; dropping by -12.2% compared with the month before. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in May 2023 with an increase of 37% month-to-month. As a result, the exports reached the peak of 616K tons, and then shrank in the following month.

In value terms, sodium carbonate exports shrank to $180M (IndexBox estimates) in June 2023. The total export value increased at an average monthly rate of +1.8% over the period from June 2022 to June 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain months. The most prominent rate of growth was recorded in May 2023 with an increase of 51% month-to-month. As a result, the exports reached the peak of $211M, and then shrank in the following month.

Exports by Country

Mexico (114K tons), Indonesia (64K tons) and Brazil (63K tons) were the main destinations of sodium carbonate exports from the United States, together accounting for 45% of total exports. Chile, Thailand, Australia and India lagged somewhat behind, together comprising a further 28%.

From June 2022 to June 2023, the biggest increases were in India (with a CAGR of +15.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($31M), Chile ($25M) and Brazil ($23M) appeared to be the largest markets for sodium carbonate exported from the United States worldwide, together comprising 44% of total exports. These countries were followed by Indonesia, Thailand, Australia and India, which together accounted for a further 28%.

India, with a CAGR of +15.1%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In June 2023, the sodium carbonate price stood at $332 per ton (FOB, US), waning by -2.9% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.7%. The growth pace was the most rapid in May 2023 when the average export price increased by 9.8% month-to-month. As a result, the export price attained the peak level of $342 per ton, and then fell in the following month.

Average prices varied somewhat for the major external markets. In June 2023, the highest price was recorded for prices to Chile ($401 per ton) and Japan ($393 per ton), while the average price for exports to Canada ($274 per ton) and Mexico ($275 per ton) were amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform  

U.S. Office Furniture Imports

In June 2023, supplies from abroad of office furniture (except wood) decreased by -6.7% to 5.1K tons, falling for the second consecutive month after two months of growth. Over the period under review, imports saw a perceptible shrinkage. The pace of growth appeared the most rapid in April 2023 when imports increased by 18% against the previous month.

In value terms, office furniture imports declined to $67M (IndexBox estimates) in June 2023. Overall, imports saw a pronounced slump. The most prominent rate of growth was recorded in May 2023 when imports increased by 9.1% against the previous month.

Imports by Country

In June 2023, Canada (2.7K tons) constituted the largest supplier of office furniture to the United States, accounting for a 53% share of total imports. Moreover, office furniture imports from Canada exceeded the figures recorded by the second-largest supplier, China (868 tons), threefold. The third position in this ranking was taken by Mexico (472 tons), with a 9.2% share.

From June 2022 to June 2023, the average monthly growth rate of volume from Canada stood at -3.9%. The remaining supplying countries recorded the following average monthly rates of imports growth: China (-2.6% per month) and Mexico (+0.7% per month).

In value terms, Canada ($34M) constituted the largest supplier of office furniture to the United States, comprising 51% of total imports. The second position in the ranking was taken by China ($9.7M), with a 14% share of total imports. It was followed by Mexico, with a 10% share.

From June 2022 to June 2023, the average monthly rate of growth in terms of value from Canada stood at -2.3%. The remaining supplying countries recorded the following average monthly rates of imports growth: China (-2.4% per month) and Mexico (-0.3% per month).

Import Prices by Country

In June 2023, the office furniture price stood at $13,047 per ton (CIF, US), growing by 2.8% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2022 an increase of 17% against the previous month. Over the period under review, average import prices reached the peak figure at $13,369 per ton in March 2023; however, from April 2023 to June 2023, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In June 2023, the countries with the highest prices were Mexico ($14,662 per ton) and Canada ($12,595 per ton), while the price for Italy ($10,952 per ton) and the UK ($11,086 per ton) were amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the UK (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

U.S. Welding And Soldering Equipment Imports

After two months of decline, purchases abroad of welding and soldering equipment increased by 4.5% to 5.5K tons in June 2023. In general, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in March 2023 with an increase of 29% m-o-m.

In value terms, welding and soldering equipment imports rose remarkably to $133M (IndexBox estimates) in June 2023. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when imports increased by 19% month-to-month. As a result, imports reached the peak of $167M. From December 2022 to June 2023, the growth of imports remained at a lower figure.

Imports by Country

China (855 tons), South Korea (764 tons) and Canada (715 tons) were the main suppliers of welding and soldering equipment imports to the United States, together comprising 42% of total imports. Japan, Vietnam, Mexico and Italy lagged somewhat behind, together comprising a further 33%.

From June 2022 to June 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of +2.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Canada ($16M), Japan ($16M) and China ($15M) constituted the largest welding and soldering equipment suppliers to the United States, with a combined 36% share of total imports. These countries were followed by Mexico, South Korea, Italy and Vietnam, which together accounted for a further 21%.

South Korea, with a CAGR of +4.9%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In June 2023, the welding and soldering equipment price stood at $24,041 per ton (CIF, US), growing by 1.9% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 an increase of 18% m-o-m. The import price peaked at $28,683 per ton in February 2023; however, from March 2023 to June 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($87,838 per ton), while the price for Vietnam ($1,960 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

U.S. Canned Mushroom Imports

In June 2023, purchases abroad of canned mushrooms decreased by -7.8% to 2.9K tons, falling for the second consecutive month after two months of growth. Overall, imports showed a pronounced downturn. The growth pace was the most rapid in April 2023 with an increase of 25% month-to-month.

In value terms, canned mushroom imports reduced to $11M (IndexBox estimates) in June 2023. Over the period under review, imports continue to indicate a noticeable contraction. The pace of growth appeared the most rapid in April 2023 when imports increased by 51% against the previous month.

Imports by Country

In June 2023, the Netherlands (1.8K tons) constituted the largest supplier of canned mushroom to the United States, accounting for a 62% share of total imports. Moreover, canned mushroom imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Poland (466 tons), fourfold. The third position in this ranking was held by Vietnam (96 tons), with a 3.4% share.

From June 2022 to June 2023, the average monthly rate of growth in terms of volume from the Netherlands totaled -3.5%. The remaining supplying countries recorded the following average monthly rates of imports growth: Poland (-3.8% per month) and Vietnam (-1.2% per month).

In value terms, the Netherlands ($5.5M) constituted the largest supplier of canned mushroom to the United States, comprising 51% of total imports. The second position in the ranking was held by Poland ($2.1M), with a 20% share of total imports. It was followed by Spain, with a 3.5% share.

From June 2022 to June 2023, the average monthly growth rate of value from the Netherlands totaled -2.9%. The remaining supplying countries recorded the following average monthly rates of imports growth: Poland (+0.1% per month) and Spain (-11.4% per month).

Import Prices by Country

In June 2023, the canned mushroom price stood at $3,745 per ton (CIF, US), falling by -4.8% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.1%. The pace of growth was the most pronounced in April 2023 an increase of 21% m-o-m. As a result, import price attained the peak level of $4,332 per ton. From May 2023 to June 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Italy ($15,093 per ton), while the price for Malaysia ($1,481 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Poland (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform