U.S. Fig Imports

Fig imports into the United States surged to 1.9K tons in April 2023, picking up by 27% against the month before. In general, imports posted slight growth. The most prominent rate of growth was recorded in October 2022 with an increase of 97% m-o-m.

In value terms, fig imports rose sharply to $6.1M (IndexBox estimates) in April 2023. Overall, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in October 2022 with an increase of 87% against the previous month. Over the period under review, imports hit record highs in April 2023.

Imports by Country

In April 2023, Turkey (1.6K tons) constituted the largest supplier of fig to the United States, accounting for a 84% share of total imports. Moreover, fig imports from Turkey exceeded the figures recorded by the second-largest supplier, Mexico (184 tons), ninefold. The third position in this ranking was held by Chile (41 tons), with a 2.1% share.

From April 2022 to April 2023, the average monthly rate of growth in terms of volume from Turkey totaled +1.5%. The remaining supplying countries recorded the following average monthly rates of imports growth: Mexico (+5.1% per month) and Chile (+0.5% per month).

In value terms, Turkey ($4.5M) constituted the largest supplier of fig to the United States, comprising 73% of total imports. The second position in the ranking was held by Mexico ($1M), with a 16% share of total imports. It was followed by Chile, with a 6.5% share.

From April 2022 to April 2023, the average monthly growth rate of value from Turkey was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: Mexico (+4.8% per month) and Chile (+2.1% per month).

Import Prices by Country

In April 2023, the fig price amounted to $3,186 per ton (CIF, US), declining by -11.2% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 an increase of 37% month-to-month. As a result, import price reached the peak level of $3,947 per ton. From September 2022 to April 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In April 2023, the country with the highest price was Chile ($9,769 per ton), while the price for Spain ($1,507 per ton) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by Chile (+1.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

U.S. Cotton Sewing Thread Imports

In April 2023, after two months of decline, there was significant growth in overseas purchases of cotton sewing thread, when their volume increased by 238% to 70 tons. In general, imports continue to indicate a pronounced expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, cotton sewing thread imports soared to $1.1M (IndexBox estimates) in April 2023. Over the period under review, imports saw a relatively flat trend pattern.

Imports by Country

Greece (22 tons), China (22 tons) and India (9.4 tons) were the main suppliers of cotton sewing thread imports to the United States, together accounting for 75% of total imports.

From April 2022 to April 2023, the biggest increases were in Greece (with a CAGR of +41.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cotton sewing thread suppliers to the United States were Italy ($348K), Greece ($200K) and China ($151K), with a combined 63% share of total imports.

Greece, with a CAGR of +25.4%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Imports by Type

Cotton; sewing thread, containing 85% or more by weight of cotton, not put up for retail sale (36 tons), cotton; sewing thread, put up for retail sale (34 tons) and cotton; sewing thread, containing less than 85% by weight of cotton, not put up for retail sale (427 kg) were the main products of cotton sewing thread imports to the United States.

From April 2022 to April 2023, the most notable rate of growth in terms of purchases, amongst the major product types, was attained by cotton; sewing thread, containing 85% or more by weight of cotton, not put up for retail sale (with a CAGR of +9.1%), while imports for the other products experienced mixed trend patterns.

In value terms, cotton; sewing thread, containing 85% or more by weight of cotton, not put up for retail sale ($742K) constituted the largest type of cotton sewing thread supplied to the United States, comprising 67% of total imports. The second position in the ranking was held by cotton; sewing thread, put up for retail sale ($351K), with a 32% share of total imports.

Import Prices by Country

In April 2023, the cotton sewing thread price stood at $15,724 per ton (CIF, US), shrinking by -49.6% against the previous month. Overall, the import price showed a noticeable curtailment. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 90% month-to-month. As a result, import price attained the peak level of $31,223 per ton, and then declined significantly in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($92,286 per ton), while the price for Pakistan ($3,999 per ton) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by Japan (+9.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform  

U.S. Motorcycle And Bicycle Import Price in April 2023

In April 2023, the motorcycle and bicycle price amounted to $554 per unit (CIF, US), dropping by -2% against the previous month. Overall, import price indicated resilient growth from April 2022 to April 2023: its price increased at an average monthly rate of +5.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2023 figures, motorcycle and bicycle import price decreased by -25.1% against December 2022 indices. The most prominent rate of growth was recorded in December 2022 an increase of 51% m-o-m. As a result, import price reached the peak level of $740K per thousand units. From January 2023 to April 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In April 2023, the country with the highest price was Taiwan (Chinese) ($1,365 per unit), while the price for China ($148 per unit) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by Cambodia (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

U.S. Motorcycle And Bicycle Import Prices by Type

Prices varied noticeably by the product type; the product with the highest price was motorcycles (including mopeds) and cycles; fitted with an auxiliary motor, with or without side-cars; side-cars ($1,602 per unit), while the price for bicycles and other cycles totaled $162 per unit.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by motorcycles (including mopeds) and cycles; fitted with an auxiliary motor, with or without side-cars; side-cars (+2.4%).

U.S. Motorcycle And Bicycle Imports

In April 2023, motorcycle and bicycle imports into the United States expanded remarkably to 928K units, increasing by 12% compared with March 2023. Overall, imports, however, saw a abrupt shrinkage. The growth pace was the most rapid in September 2022 with an increase of 16% month-to-month. Imports peaked at 1.9M units in April 2022; however, from May 2022 to April 2023, imports failed to regain momentum.

In value terms, motorcycle and bicycle imports rose markedly to $515M (IndexBox estimates) in April 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 October 2022 with an increase of 19% against the previous month. As a result, imports reached the peak of $707M. From November 2022 to April 2023, the growth of imports failed to regain momentum.

U.S. Motorcycle And Bicycle Imports by Type

In April 2023, bicycles and other cycles (675K units) constituted the largest type of motorcycle and bicycle supplied to the United States, accounting for a 73% share of total imports. Moreover, bicycles and other cycles exceeded the figures recorded for the second-largest type, motorcycles (including mopeds) and cycles; fitted with an auxiliary motor, with or without side-cars; side-cars (253K units), threefold.

From April 2022 to April 2023, the average monthly rate of growth in terms of the volume of import of bicycles and other cycles stood at -6.9%.

In value terms, motorcycles (including mopeds) and cycles; fitted with an auxiliary motor, with or without side-cars; side-cars ($405M) constituted the largest type of motorcycle and bicycle supplied to the United States, comprising 79% of total imports. The second position in the ranking was taken by bicycles and other cycles ($109M), with a 21% share of total imports.

U.S. Motorcycle And Bicycle Imports by Country

In April 2023, China (745K units) constituted the largest motorcycle and bicycle supplier to the United States, with a 80% share of total imports. Moreover, motorcycle and bicycle imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (66K units), more than tenfold. The third position in this ranking was held by Cambodia (36K units), with a 3.9% share.

From April 2022 to April 2023, the average monthly growth rate of volume from China amounted to -5.8%. The remaining supplying countries recorded the following average monthly rates of imports growth: Taiwan (Chinese) (-2.7% per month) and Cambodia (-11.7% per month).

In value terms, the largest motorcycle and bicycle suppliers to the United States were China ($110M), Taiwan (Chinese) ($90M) and Cambodia ($20M), together accounting for 43% of total imports. Vietnam lagged somewhat behind, accounting for a further 3.5%.

Among the main suppliers, Vietnam, with a CAGR of +4.0%, recorded 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.

Source: IndexBox Market Intelligence Platform