The Average Price of Truck Cranes in Mexico Drops by 24% to $13,510 per Unit

August 1st, 2023 IndexBox Leave a comment

Mexico Truck Crane Import Price in April 2023

In April 2023, the truck crane price amounted to $13,510 per unit (CIF, Mexico), waning by -24.1% against the previous month. In general, the import price saw a perceptible decline. The growth pace was the most rapid in March 2023 when the average import price increased by 166% against the previous month. The import price peaked at $22,522 per unit in April 2022; however, from May 2022 to April 2023, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In April 2023, the country with the highest price was the United States ($14,363 per unit), while the price for Canada totaled $10,143 per unit.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by the United States (+3.8%).

Mexico Truck Crane Imports

In April 2023, approximately 94 units of truck cranes were imported into Mexico; rising by 6.8% against the previous month. Overall, imports, however, saw a abrupt decrease. The pace of growth was the most pronounced in December 2022 with an increase of 70% m-o-m. Imports peaked at 1K units in February 2023; however, from March 2023 to April 2023, imports failed to regain momentum.

In value terms, truck crane imports declined dramatically to $1.3M (IndexBox estimates) in April 2023. Over the period under review, imports, however, showed a abrupt decline. The most prominent rate of growth was recorded in August 2022 with an increase of 113% month-to-month. Imports peaked at 6.8M units in February 2023; however, from March 2023 to April 2023, imports remained at a lower figure.

Mexico Truck Crane Imports by Country

In April 2023, the United States (75 units) constituted the largest supplier of truck crane to Mexico, accounting for a 80% share of total imports. Moreover, truck crane imports from the United States exceeded the figures recorded by the second-largest supplier, Canada (19 units), fourfold.

From April 2022 to April 2023, the average monthly growth rate of volume from the United States amounted to -6.2%.

In value terms, the United States ($1.1M) constituted the largest supplier of truck crane to Mexico, comprising 85% of total imports. The second position in the ranking was held by Canada ($193K), with a 15% share of total imports.

From April 2022 to April 2023, the average monthly growth rate of value from the United States amounted to -2.6%.

Source: IndexBox Market Intelligence Platform

Global Trade Daily, United states news

Export of U.S. Aircraft Launching Gear Sees Mild Dip to $9.2M in May 2023

July 31st, 2023 IndexBox Leave a comment

U.S. Aircraft Launching Gear Exports

In May 2023, approximately 78 tons of aircraft launching gear, deck-arrestor or similar gear and parts thereof were exported from the United States; growing by 9.7% on April 2023 figures. Overall, exports, however, saw a pronounced reduction. The growth pace was the most rapid in March 2023 when exports increased by 147% against the previous month.

In value terms, aircraft launching gear exports declined slightly to $9.2M (IndexBox estimates) in May 2023. In general, exports, however, recorded a deep contraction. The most prominent rate of growth was recorded in March 2023 when exports increased by 119% month-to-month.

Exports by Country

Australia (35 tons) was the main destination for aircraft launching gear exports from the United States, accounting for a 45% share of total exports. Moreover, aircraft launching gear exports to Australia exceeded the volume sent to the second major destination, Egypt (8.9 tons), fourfold. The third position in this ranking was taken by Ireland (8.7 tons), with an 11% share.

From May 2022 to May 2023, the average monthly growth rate of volume to Australia stood at +24.7%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Egypt (+70.3% per month) and Ireland (+6.1% per month).

In value terms, Australia ($2.4M), France ($1.8M) and Malaysia ($1.4M) constituted the largest markets for aircraft launching gear exported from the United States worldwide, with a combined 61% share of total exports. These countries were followed by Denmark, Ireland, Egypt, South Africa, Japan and India, which together accounted for a further 21%.

South Africa, with a CAGR of +43.7%, recorded the highest rates of growth with regard to the value of exports, among 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 May 2023, the aircraft launching gear price amounted to $118K per ton (FOB, US), declining by -10.1% against the previous month. In general, the export price showed a noticeable curtailment. The pace of growth was the most pronounced in December 2022 an increase of 367% against the previous month. As a result, the export price reached the peak level of $482K per ton. From January 2023 to May 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Malaysia ($595K per ton), while the average price for exports to South Africa ($42,809 per ton) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+35.4%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Global Trade Daily, United states news

May 2023 Sees a Significant Increase in U.S. Internal Combustion Engine Exports, Reaching $446M

July 28th, 2023 IndexBox Leave a comment

U.S. Internal Combustion Engines Exports

Internal combustion engines exports from the United States expanded markedly to 39K units in May 2023, picking up by 11% against the previous month’s figure. Overall, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in March 2023 when exports increased by 13% m-o-m. Over the period under review, the exports reached the maximum at 42K units in June 2022; however, from July 2022 to May 2023, the exports failed to regain momentum.

In value terms, internal combustion engines exports expanded significantly to $446M (IndexBox estimates) in May 2023. Over the period under review, exports, however, recorded a pronounced descent. The pace of growth was the most pronounced in March 2023 when exports increased by 12% m-o-m. Over the period under review, the exports attained the maximum at 608M units in June 2022; however, from July 2022 to May 2023, the exports remained at a lower figure.

Exports by Country

Mexico (25K units) was the main destination for internal combustion engines exports from the United States, accounting for a 63% share of total exports. Moreover, internal combustion engines exports to Mexico exceeded the volume sent to the second major destination, Canada (7.6K units), threefold. The UK (1.9K units) ranked third in terms of total exports with a 5% share.

From May 2022 to May 2023, the average monthly rate of growth in terms of volume to Mexico amounted to -2.2%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Canada (+3.0% per month) and the UK (+11.3% per month).

In value terms, Mexico ($301M) remains the key foreign market for internal combustion engines exports from the United States, comprising 68% of total exports. The second position in the ranking was taken by Canada ($77M), with a 17% share of total exports. It was followed by the UK, with a 4.1% share.

From May 2022 to May 2023, the average monthly growth rate of value to Mexico amounted to -3.9%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Canada (+3.2% per month) and the UK (+9.5% per month).

Export Prices by Country

In May 2023, the internal combustion engines price stood at $11,513 per unit (FOB, US), almost unchanged from the previous month. Overall, the export price, however, continues to indicate a slight reduction. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 3.2% against the previous month. The export price peaked at $14,407 per unit in June 2022; however, from July 2022 to May 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Australia ($12,808 per unit), while the average price for exports to Chile ($7,997 per unit) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+1.1%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Global Trade Daily, United states news

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

July 27th, 2023 IndexBox Leave a comment

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

Global Trade Daily

May 2023 Sees 13% Surge in U.S. Loudspeaker Imports, Reaching $63M

July 26th, 2023 IndexBox Leave a comment

U.S. Loudspeaker Imports

In May 2023, approximately 3.6M units of single loudspeakers (in enclosure) were imported into the United States; jumping by 28% compared with April 2023 figures. Over the period under review, imports, however, continue to indicate a mild decline. Over the period under review, imports attained the peak figure at 4.7M units in October 2022; however, from November 2022 to May 2023, imports remained at a lower figure.

In value terms, loudspeaker imports amounted to $63M (IndexBox estimates) in May 2023. In general, imports, however, showed a slight downturn. Imports peaked at 87M units in September 2022; however, from October 2022 to May 2023, imports stood at a somewhat lower figure.

Imports by Country

In May 2023, China (2.2M units) constituted the largest loudspeaker supplier to the United States, accounting for a 59% share of total imports. Moreover, loudspeaker imports from China exceeded the figures recorded by the second-largest supplier, Thailand (410K units), fivefold. The third position in this ranking was held by Mexico (401K units), with an 11% share.

From May 2022 to May 2023, the average monthly growth rate of volume from China amounted to -3.0%. The remaining supplying countries recorded the following average monthly rates of imports growth: Thailand (+1.6% per month) and Mexico (+1.8% per month).

In value terms, China ($30M) constituted the largest supplier of loudspeaker to the United States, comprising 48% of total imports. The second position in the ranking was taken by Mexico ($15M), with a 24% share of total imports. It was followed by Vietnam, with an 8% share.

From May 2022 to May 2023, the average monthly rate of growth in terms of value from China amounted to -3.4%. The remaining supplying countries recorded the following average monthly rates of imports growth: Mexico (+2.0% per month) and Vietnam (+3.4% per month).

Import Prices by Country

In May 2023, the loudspeaker price stood at $17.3 per unit (CIF, US), falling by -11.7% against the previous month. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2022 an increase of 20% m-o-m. The import price peaked at $23.2 per unit in December 2022; however, from January 2023 to May 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was Mexico ($38.0 per unit), while the price for Taiwan (Chinese) ($5.6 per unit) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Thailand (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Global Trade Daily, United states news

Import of Women’s Knitwear in the United States Sees a Significant Increase to $432M in May 2023

July 25th, 2023 IndexBox Leave a comment

U.S. Women Knitwear Imports

In May 2023, after three months of decline, there was significant growth in purchases abroad of women’s or girls’ clothing (knitted or crocheted), when their volume increased by 9.7% to 92M units. Over the period under review, imports, however, recorded a pronounced setback. The pace of growth appeared the most rapid in December 2022 when imports increased by 24% against the previous month. Imports peaked at 154M units in June 2022; however, from July 2022 to May 2023, imports failed to regain momentum.

In value terms, women knitwear imports expanded sharply to $432M (IndexBox estimates) in May 2023. Overall, imports, however, saw a perceptible setback. The most prominent rate of growth was recorded in January 2023 when imports increased by 14% m-o-m. Imports peaked at 821M units in August 2022; however, from September 2022 to May 2023, imports stood at a somewhat lower figure.

Imports by Country

China (30M units), Vietnam (23M units) and Indonesia (7.3M units) were the main suppliers of women knitwear imports to the United States, together comprising 65% of total imports. These countries were followed by Cambodia, Bangladesh, Mexico, India, Jordan and Sri Lanka, which together accounted for a further 22%.

From May 2022 to May 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mexico (with a CAGR of +2.3%), while imports for the other leaders experienced a decline.

In value terms, Vietnam ($121M), China ($100M) and Cambodia ($35M) appeared to be the largest women knitwear suppliers to the United States, with a combined 59% share of total imports. Indonesia, Bangladesh, India, Jordan, Sri Lanka and Mexico lagged somewhat behind, together accounting for a further 22%.

Mexico, with a CAGR of +1.0%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In May 2023, the women knitwear price amounted to $4.7 per unit (CIF, US), reducing by -1.8% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in August 2022 when the average import price increased by 16% month-to-month. Over the period under review, average import prices attained the maximum at $6.1 per unit in October 2022; however, from November 2022 to May 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Jordan ($8.3 per unit), while the price for Mexico ($2.5 per unit) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Jordan (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Global Trade Daily, United states news

May 2023 Sees Astonishing $922M Increase in U.S. Import of Locks and Keys

July 24th, 2023 IndexBox Leave a comment

U.S. Lock And Key Imports

In May 2023, purchases abroad of padlocks, locks and keys of base metal increased by 7.4% to 127K tons, rising for the second consecutive month after two months of decline. In general, imports, however, continue to indicate a mild curtailment. The pace of growth appeared the most rapid in April 2023 when imports increased by 11% month-to-month.

In value terms, lock and key imports rose notably to $922M (IndexBox estimates) in May 2023. Overall, imports, however, saw a relatively flat trend pattern.

Imports by Country

In May 2023, China (60K tons) constituted the largest lock and key supplier to the United States, accounting for a 48% share of total imports. Moreover, lock and key imports from China exceeded the figures recorded by the second-largest supplier, Mexico (17K tons), threefold. The third position in this ranking was held by Canada (16K tons), with a 12% share.

From May 2022 to May 2023, the average monthly growth rate of volume from China totaled -2.0%. The remaining supplying countries recorded the following average monthly rates of imports growth: Mexico (+0.9% per month) and Canada (+0.8% per month).

In value terms, the largest lock and key suppliers to the United States were China ($277M), Mexico ($202M) and Canada ($113M), with a combined 64% share of total imports.

In terms of the main suppliers, Mexico, with a CAGR of +1.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Imports by Type

In May 2023, base metal mountings, fittings and similar articles for furniture, doors, staircases, windows, trunks, chests etc, castors with mountings of base metal, automatic door closers of base metal (113K tons) constituted the largest type of lock and key supplied to the United States, accounting for a 89% share of total imports. Moreover, base metal mountings, fittings and similar articles for furniture, doors, staircases, windows, trunks, chests etc, castors with mountings of base metal, automatic door closers of base metal exceeded the figures recorded for the second-largest type, locks; (other than those for motor vehicles or furniture), (key, combination or electrically operated), of base metal (6.1K tons), more than tenfold. The third position in this ranking was taken by base metal motor vehicle locks (5.8K tons), with a 4.6% share.

From May 2022 to May 2023, the average monthly rate of growth in terms of the volume of import of base metal mountings, fittings and similar articles for furniture, doors, staircases, windows, trunks, chests etc, castors with mountings of base metal, automatic door closers of base metal totaled -1.7%. With regard to the other supplied products, the following average monthly rates of growth were recorded: locks; (other than those for motor vehicles or furniture), (key, combination or electrically operated), of base metal (-1.2% per month) and base metal motor vehicle locks (+1.8% per month).

In value terms, base metal mountings, fittings and similar articles for furniture, doors, staircases, windows, trunks, chests etc, castors with mountings of base metal, automatic door closers of base metal ($706M) constituted the largest type of lock and key supplied to the United States, comprising 77% of total imports. The second position in the ranking was taken by locks; (other than those for motor vehicles or furniture), (key, combination or electrically operated), of base metal ($110M), with a 12% share of total imports. It was followed by base metal motor vehicle locks, with a 7.5% share.

Import Prices by Country

In May 2023, the lock and key price stood at $7,285 per ton (CIF, US), rising by 1.6% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 4.1% against the previous month. Over the period under review, average import prices attained the peak figure at $7,628 per ton in March 2023; however, from April 2023 to May 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was Germany ($14,906 per ton), while the price for China ($4,596 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 Germany (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Global Trade Daily, United states news

May 2023 Sees U.S. Aluminium Tube Exports Surge by 11% to $49M on Average

July 19th, 2023 IndexBox Leave a comment

U.S. Aluminium Tube Exports

In May 2023, exports of aluminium tubes, pipes and tube or pipe fittings from the United States expanded rapidly to 5.2K tons, growing by 12% on April 2023 figures. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when exports increased by 22% against the previous month.

In value terms, aluminium tube exports rose remarkably to $49M (IndexBox estimates) in May 2023. In general, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in January 2023 when exports increased by 28% against the previous month.

Exports by Country

Mexico (3.7K tons) was the main destination for aluminium tube exports from the United States, with a 71% share of total exports. Moreover, aluminium tube exports to Mexico exceeded the volume sent to the second major destination, Canada (945 tons), fourfold.

From May 2022 to May 2023, the average monthly rate of growth in terms of volume to Mexico was relatively modest.

In value terms, Mexico ($29M) remains the key foreign market for aluminium tube exports from the United States, comprising 59% of total exports. The second position in the ranking was taken by Canada ($11M), with a 21% share of total exports.

From May 2022 to May 2023, the average monthly rate of growth in terms of value to Mexico was relatively modest.

Exports by Type

Aluminium; tubes and pipes (4.4K tons) was the largest type of aluminium tube exported from the United States, accounting for a 85% share of total exports. Moreover, aluminium; tubes and pipes exceeded the volume of the second product type, aluminium tube or pipe fittings (801 tons), sixfold.

From May 2022 to May 2023, the average monthly growth rate of the volume of export of aluminium; tubes and pipes was relatively modest.

In value terms, the most traded types of aluminium tubes, pipes and tube or pipe fittings in the United States were aluminium; tubes and pipes ($32M) and aluminium tube or pipe fittings ($17M).

Aluminium pipe fittings, with a CAGR of +0.7%, saw the highest growth rate of the value of exports, in terms of the main product categories over the period under review.

Export Prices by Country

In May 2023, the aluminium tube price amounted to $9,465 per ton (FOB, US), leveling off at the previous month. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in January 2023 an increase of 4.8% against the previous month. Over the period under review, the average export prices reached the peak figure at $10,001 per ton in November 2022; however, from December 2022 to May 2023, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In May 2023, the country with the highest price was Canada ($11,193 per ton), while the average price for exports to Mexico stood at $7,855 per ton.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+0.5%).

Source: IndexBox Market Intelligence Platform

Global Trade Daily, United states news

U.S. Imports of Metal Spring Washers Up 20% to $8.2M in May 2023

July 17th, 2023 IndexBox Leave a comment

U.S. Metal Spring Washer Imports

For the third month in a row, the United States recorded growth in supplies from abroad of iron or steel spring washers, which increased by 5.4% to 826 tons in May 2023. In general, imports, however, continue to indicate a pronounced curtailment. The most prominent rate of growth was recorded in April 2023 with an increase of 31% month-to-month.

In value terms, metal spring washer imports surged to $8.2M (IndexBox estimates) in May 2023. Over the period under review, imports, however, showed a slight contraction. The pace of growth appeared the most rapid in March 2023 with an increase of 21% month-to-month.

Imports by Country

China (293 tons), Germany (244 tons) and Taiwan (Chinese) (85 tons) were the main suppliers of metal spring washer imports to the United States, together accounting for 75% of total imports. Mexico, Italy, Japan and India lagged somewhat behind, together comprising a further 17%.

From May 2022 to May 2023, the biggest increases were in Mexico (with a CAGR of +0.2%), while purchases for the other leaders experienced a decline.

In value terms, Germany ($2.3M), Italy ($1.3M) and China ($928K) appeared to be the largest metal spring washer suppliers to the United States, with a combined 55% share of total imports.

In terms of the main suppliers, Italy, with a CAGR of +9.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In May 2023, the metal spring washer price amounted to $9,875 per ton (CIF, US), surging by 14% against the previous month. Over the period from May 2022 to May 2023, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in December 2022 an increase of 29% month-to-month. Over the period under review, average import prices hit record highs at $10,457 per ton in March 2023; however, from April 2023 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 Italy ($34,045 per ton), while the price for China ($3,168 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 Italy (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Global Trade Daily, United states news

U.S. Motorcycle and Scooter Import Plummets 11%, Averaging $236M in May 2023

July 13th, 2023 IndexBox Leave a comment

U.S. Motorcycle And Scooter Imports

In May 2023, supplies from abroad of motorcycles and scooters decreased by -7.6% to 49K units for the first time since February 2023, thus ending a two-month rising trend. Over the period under review, imports recorded a slight reduction. The most prominent rate of growth was recorded in October 2022 when imports increased by 49% m-o-m. As a result, imports attained the peak of 75K units. From November 2022 to May 2023, the growth of imports failed to regain momentum.

In value terms, motorcycle and scooter imports fell to $236M (IndexBox estimates) in May 2023. Overall, imports saw a perceptible curtailment. The most prominent rate of growth was recorded in October 2022 with an increase of 50% month-to-month. As a result, imports attained the peak of $332M. From November 2022 to May 2023, the growth of imports remained at a lower figure.

Imports by Country

China (11K units), Austria (9.8K units) and Thailand (6.1K units) were the main suppliers of motorcycle and scooter imports to the United States, together comprising 55% of total imports. These countries were followed by Japan, India, Italy, Indonesia, Canada and Mexico, which together accounted for a further 37%.

From May 2022 to May 2023, the biggest increases were in India (with a CAGR of +4.6%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Austria ($48M), Canada ($38M) and Japan ($32M) were the largest motorcycle and scooter suppliers to the United States, together comprising 50% of total imports. These countries were followed by Thailand, Italy, India, Mexico, China and Indonesia, which together accounted for a further 35%.

Among the main suppliers, India, with a CAGR of +5.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Imports by Type

Motorcycles (including mopeds) and cycles; fitted with an auxiliary motor, reciprocating internal combustion piston engine, of cylinder capacity exceeding 50cc but not exceeding 250cc, with or without side-cars; side-cars (23K units), motorcycles (including mopeds) and cycles; fitted with an auxiliary motor, reciprocating internal combustion piston engine, of cylinder capacity exceeding 250cc but not exceeding 500cc, with or without side-cars; side-cars (13K units) and motorcycles (including mopeds) and cycles; fitted with auxiliary motor, with reciprocating internal combustion piston engine of a cylinder capacity exceeding 800cc, with or without side-cars; side-cars (9K units) were the main products of motorcycle and scooter imports to the United States, with a combined 93% share of total imports.

From May 2022 to May 2023, the biggest increases were in motorcycles (including mopeds) and cycles; fitted with an auxiliary motor, reciprocating internal combustion piston engine, of cylinder capacity exceeding 250cc but not exceeding 500cc, with or without side-cars; side-cars (with a CAGR of +0.1%), while purchases for the other products experienced a decline.

In value terms, motorcycles (including mopeds) and cycles; fitted with auxiliary motor, with reciprocating internal combustion piston engine of a cylinder capacity exceeding 800cc, with or without side-cars; side-cars ($117M) constituted the largest type of motorcycle and scooter supplied to the United States, comprising 50% of total imports. The second position in the ranking was taken by motorcycles (including mopeds) and cycles; fitted with an auxiliary motor, reciprocating internal combustion piston engine, of cylinder capacity exceeding 250cc but not exceeding 500cc, with or without side-cars; side-cars ($53M), with a 23% share of total imports. It was followed by motorcycles (including mopeds) and cycles; fitted with an auxiliary motor, reciprocating internal combustion piston engine, of cylinder capacity exceeding 50cc but not exceeding 250cc, with or without side-cars; side-cars, with a 17% share.

Import Prices by Country

In May 2023, the motorcycle and scooter price stood at $4,783 per unit (CIF, US), falling by -3.8% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 12% month-to-month. As a result, import price attained the peak level of $5.3M per thousand units. From March 2023 to May 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Canada ($20,797 per unit), while the price for China ($831 per unit) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Italy (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

The Average Price of Truck Cranes in Mexico Drops by 24% to $13,510 per Unit

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