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Millet Price in America Bottoms at $559 per Ton, Losing 13% over 2022

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Archives, Global Trade Daily, Market insight

Millet Price in America Bottoms at $559 per Ton, Losing 13% over 2022

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U.S. Millet Export Price per Ton August 2022

In August 2022, the millet price per ton amounted to $559, shrinking by -2.2% against the previous month. Over the period under review, the export price showed a noticeable contraction. The pace of growth appeared the most rapid in May 2022 an increase of 4.6% m-o-m. Over the period under review, the average export prices reached the maximum at $644 per ton in January 2022; however, from February 2022 to August 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In August 2022, the country with the highest price was Japan ($643 per ton), while the average price for exports to Colombia ($380 per ton) was amongst the lowest.

From January 2022 to August 2022, 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.

U.S. Millet Exports

Millet exports from the United States shrank dramatically to 3.5K tons in August 2022, falling by -16.8% against July 2022 figures. Over the period under review, exports recorded a abrupt decline. The pace of growth was the most pronounced in April 2022 with an increase of 39% m-o-m. As a result, the exports reached the peak of 7.7K tons. From May 2022 to August 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, millet exports reduced remarkably to $2M (IndexBox estimates) in August 2022. Overall, exports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in April 2022 when exports increased by 34% m-o-m. As a result, the exports attained the peak of $4.4M. From May 2022 to August 2022, the growth of the exports remained at a somewhat lower figure.

U.S. Millet Exports by Country

The Philippines (1.1K tons), Canada (754 tons) and Indonesia (481 tons) were the main destinations of millet exports from the United States, together comprising 66% of total exports.

From January 2022 to August 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Philippines (with a CAGR of +42.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for millet exported from the United States were the Philippines ($647K), Canada ($375K) and Indonesia ($278K), with a combined 67% share of total exports.

Among the main countries of destination, the Philippines, with a CAGR of +44.4%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Source: https://www.indexbox.io/blog/millet-price-per-ton-august-2022/

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Archives, Global Trade Daily, Market insight

Frozen Vegetable Price in U.S. Averages $1,289 per Ton

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U.S. Frozen Vegetable Import Price per Ton August 2022

In August 2022, the frozen vegetable price per ton amounted to $1,289, rising by 3.7% against the previous month. Over the last seven months, it increased at an average monthly rate of +1.2%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In August 2022, the country with the highest price was Mexico ($1,625 per ton), while the price for China ($931 per ton) was amongst the lowest.

From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by Belgium (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.

U.S. Frozen Vegetable Import Prices by Type

Average prices varied noticeably amongst the major supplied products. In August 2022, the product with the highest price was frozen vegetables other than potato and corn ($1,411 per ton), while the price for frozen sweet corn ($1,212 per ton) was amongst the lowest.

From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by frozen sweet corn (+2.1%), while the prices for the other products experienced more modest paces of growth.

U.S. Frozen Vegetable Imports

Frozen vegetable imports into the United States contracted modestly to 164K tons in August 2022, with a decrease of -4% against the previous month. Overall, imports showed a perceptible decline. The most prominent rate of growth was recorded in March 2022 with an increase of 26% m-o-m. As a result, imports reached the peak of 245K tons. From April 2022 to August 2022, the growth of imports remained at a somewhat lower figure.

In value terms, frozen vegetable imports dropped to $211M (IndexBox estimates) in August 2022. In general, imports showed a pronounced contraction. The growth pace was the most rapid in March 2022 when imports increased by 25% against the previous month. As a result, imports attained the peak of $297M. From April 2022 to August 2022, the growth of imports remained at a lower figure.

U.S. Frozen Vegetable Imports by Type

Frozen potatoes (102K tons), frozen vegetables other than potato and corn (60K tons) and frozen sweet corn (2.1K tons) were the main products of frozen vegetable imports to the United States.

From January 2022 to August 2022, the biggest increases were in frozen potato (with a CAGR of -1.5%), while purchases for the other products experienced a decline.

In value terms, the most traded types of frozen vegetables in the United States were frozen potatoes ($124M), frozen vegetables other than potato and corn ($84M) and frozen sweet corn ($2.5M).

U.S. Frozen Vegetable Imports by Country

In August 2022, Canada (93K tons) constituted the largest frozen vegetable supplier to the United States, accounting for a 57% share of total imports. Moreover, frozen vegetable imports from Canada exceeded the figures recorded by the second-largest supplier, Mexico (24K tons), fourfold. The third position in this ranking was taken by Belgium (13K tons), with an 8.2% share.

From January 2022 to August 2022, the average monthly growth rate of volume from Canada totaled -2.6%. The remaining supplying countries recorded the following average monthly rates of imports growth: Mexico (-6.5% per month) and Belgium (-3.0% per month).

In value terms, Canada ($114M) constituted the largest supplier of frozen vegetable to the United States, comprising 54% of total imports. The second position in the ranking was taken by Mexico ($39M), with a 19% share of total imports. It was followed by Belgium, with a 7% share.

From January 2022 to August 2022, the average monthly rate of growth in terms of value from Canada was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: Mexico (-5.3% per month) and Belgium (-0.7% per month).

Source: https://www.indexbox.io/blog/frozen-vegetable-price-per-ton-august-2022/

Archives, Global Trade Daily, Market insight

Whole Fresh Milk Price in U.S. Stands at $1.1 per kg, Fluctuating Mildly over 2022

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U.S. Whole Fresh Milk Export Price per Ton August 2022

In August 2022, the whole fresh milk price per ton stood at $1.1 per kg, growing by 1.7% against the previous month. Over the last seven months, it increased at an average monthly rate of +1.5%. The most prominent rate of growth was recorded in July 2022 when the average export price increased by 13% against the previous month. The export price peaked in August 2022.

Average prices varied somewhat for the major external markets. In August 2022, the country with the highest price was Taiwan (Chinese) ($1.2 per kg), while the average price for exports to Canada ($849 per ton) was amongst the lowest.

From January 2022 to August 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+2.4%), while the prices for the other major destinations experienced mixed trend patterns.

U.S. Whole Fresh Milk Exports

For the third consecutive month, the United States recorded decline in shipments abroad of whole fresh milk, which decreased by -9.5% to 10K tons in August 2022. Over the period under review, total exports indicated a buoyant increase from January 2022 to August 2022: its volume increased at an average monthly rate of +7.0% over the last seven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2022 figures, exports decreased by -26.3% against May 2022 indices. The most prominent rate of growth was recorded in February 2022 with an increase of 59% against the previous month. Over the period under review, the exports attained the peak figure at 14K tons in May 2022; however, from June 2022 to August 2022, the exports remained at a lower figure.

In value terms, whole fresh milk exports reduced to $11M (IndexBox estimates) in August 2022. Overall, total exports indicated a prominent expansion from January 2022 to August 2022: its value increased at an average monthly rate of +8.6% over the last seven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2022 figures, exports decreased by -13.5% against May 2022 indices. The pace of growth appeared the most rapid in February 2022 when exports increased by 67% against the previous month. The exports peaked at $13M in May 2022; however, from June 2022 to August 2022, the exports stood at a somewhat lower figure.

U.S. Whole Fresh Milk Exports by Country

Taiwan (Chinese) (5.9K tons), Canada (3.5K tons) and Mexico (516 tons) were the main destinations of whole fresh milk exports from the United States, with a combined 97% share of total exports.

From January 2022 to August 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Taiwan (Chinese) (with a CAGR of +13.3%), while the other leaders experienced mixed trend patterns.

In value terms, Taiwan (Chinese) ($7.1M) remains the key foreign market for whole fresh milk exports from the United States, comprising 64% of total exports. The second position in the ranking was taken by Canada ($3M), with a 27% share of total exports.

From January 2022 to August 2022, the average monthly growth rate of value to Taiwan (Chinese) amounted to +14.4%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Canada (+2.1% per month) and Mexico (+2.3% per month).

Source:  https://www.indexbox.io/blog/whole-fresh-milk-price-per-ton-august-2022/

pineapple
Archives, Global Trade Daily, Market insight

Pineapple Price in U.S. Peaks at $622 per Ton

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U.S. Pineapple Import Price per Ton August 2022

In August 2022, the pineapple price per ton stood at $622, flattening at the previous month. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in April 2022 when the average import price increased by 1.7% month-to-month. Over the period under review, average import prices hit record highs in August 2022.

There were significant differences in the average prices amongst the major supplying countries. In August 2022, the country with the highest price was Mexico ($764 per ton), while the price for Guatemala ($384 per ton) was amongst the lowest.

From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by Mexico (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

U.S. Pineapple Imports

After two months of decline, overseas purchases of pineapples increased by 5.9% to 105K tons in August 2022. The total import volume increased at an average monthly rate of +2.3% from January 2022 to August 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain months. The pace of growth appeared the most rapid in March 2022 with an increase of 29% against the previous month. Imports peaked at 133K tons in May 2022; however, from June 2022 to August 2022, imports failed to regain momentum.

In value terms, pineapple imports rose remarkably to $66M (IndexBox estimates) in August 2022. The total import value increased at an average monthly rate of +2.9% over the period from January 2022 to August 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain months. The pace of growth appeared the most rapid in March 2022 with an increase of 27% month-to-month. Imports peaked at $80M in May 2022; however, from June 2022 to August 2022, imports remained at a lower figure.

U.S. Pineapple Imports by Country

In August 2022, Costa Rica (94K tons) constituted the largest pineapple supplier to the United States, with a 89% share of total imports. Moreover, pineapple imports from Costa Rica exceeded the figures recorded by the second-largest supplier, Guatemala (4.1K tons), more than tenfold. The third position in this ranking was taken by Mexico (3.2K tons), with a 3.1% share.

From January 2022 to August 2022, the average monthly rate of growth in terms of volume from Costa Rica stood at +2.5%. The remaining supplying countries recorded the following average monthly rates of imports growth: Guatemala (+14.7% per month) and Mexico (-6.7% per month).

In value terms, Costa Rica ($56M) constituted the largest supplier of pineapple to the United States, comprising 86% of total imports. The second position in the ranking was taken by Mexico ($2.5M), with a 3.8% share of total imports. It was followed by Guatemala, with a 2.4% share.

From January 2022 to August 2022, the average monthly growth rate of value from Costa Rica totaled +2.8%. The remaining supplying countries recorded the following average monthly rates of imports growth: Mexico (-4.0% per month) and Guatemala (+14.6% per month).

Source: https://www.indexbox.io/blog/pineapple-price-per-ton-august-2022/

flow hydrophobing recession hike people capacity lemon
Archives, Global Trade Daily, Imports/Exports, International Trade

U.S. Lemon and Lime Price Surges 17% to $931 per Ton

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U.S. Lemon And Lime Import Price per Ton August 2022

In August 2022, the lemon and lime price per ton amounted to $931, picking up by 17% against the previous month. Overall, the import price, however, showed a abrupt contraction. The most prominent rate of growth was recorded in March 2022 an increase of 26% month-to-month. As a result, import price reached the peak level of $2,411 per ton. From April 2022 to August 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In August 2022, the countries with the highest prices were Colombia ($1.1 per kg) and Chile ($1.1 per kg), while the price for Mexico ($891 per ton) and Argentina ($976 per ton) were amongst the lowest.

From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by Argentina (+0.6%), while the prices for the other major suppliers experienced a decline.

U.S. Lemon And Lime Imports

In August 2022, after five months of growth, there was decline in overseas purchases of lemons And Limes, when their volume decreased by -0.2% to 96K tons. Overall, imports, however, enjoyed a strong increase. The pace of growth appeared the most rapid in June 2022 when imports increased by 31% against the previous month. Imports peaked at 96K tons in July 2022, and then contracted in the following month.

In value terms, lemon And Lime imports surged to $90M (IndexBox estimates) in August 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2022 with an increase of 35% against the previous month. Over the period under review, imports attained the maximum at $110M in April 2022; however, from May 2022 to August 2022, imports failed to regain momentum.

U.S. Lemon And Lime Imports by Country

In August 2022, Mexico (66K tons) constituted the largest supplier of lemon And Lime to the United States, accounting for a 69% share of total imports. Moreover, lemon And Lime imports from Mexico exceeded the figures recorded by the second-largest supplier, Argentina (14K tons), fivefold. The third position in this ranking was held by Chile (11K tons), with an 11% share.

From January 2022 to August 2022, the average monthly rate of growth in terms of volume from Mexico amounted to +4.0%. The remaining supplying countries recorded the following average monthly rates of imports growth: Argentina (+92.3% per month) and Chile (+158.2% per month).

In value terms, Mexico ($59M) constituted the largest supplier of lemon And Lime to the United States, comprising 66% of total imports. The second position in the ranking was held by Argentina ($14M), with a 16% share of total imports. It was followed by Chile, with a 13% share.

From January 2022 to August 2022, the average monthly growth rate of value from Mexico totaled -4.1%. The remaining supplying countries recorded the following average monthly rates of imports growth: Argentina (+93.4% per month) and Chile (+148.9% per month).

Source: https://www.indexbox.io/blog/lemon-and-lime-price-per-ton-august-2022/

U.S. Video Game Console Price Contracts for Two Consecutive Months to $152 per Unit
Archives, Global Trade Daily, Market insight

U.S. Video Game Console Price Contracts for Two Consecutive Months to $152 per Unit

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U.S. Video Game Console Import Price August 2022

The average video game console price stood at $152 per unit in August 2022, dropping by -8% against the previous month. Over the period under review, import price indicated a buoyant increase from January 2022 to August 2022: its price increased at an average monthly rate of +9.0% over the last seven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2022 figures, video game console import price decreased by -10.8% against June 2022 indices. The growth pace was the most rapid in February 2022 when the average import price increased by 32% month-to-month. Over the period under review, average import prices reached the maximum at $171 per unit in June 2022; however, from July 2022 to August 2022, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($261 per unit), while the price for Japan ($25 per unit) was amongst the lowest.

From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by Japan (+21.7%), while the prices for the other major suppliers experienced more modest paces of growth.

U.S. Video Game Console Imports

In August 2022, overseas purchases of video game consoles increased by 30% to 7.1M units for the first time since May 2022, thus ending a two-month declining trend. In general, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in May 2022 with an increase of 82% m-o-m. Over the period under review, imports reached the maximum at 7.4M units in January 2022; however, from February 2022 to August 2022, imports failed to regain momentum.

In value terms, video game console imports soared to $1.1B (IndexBox estimates) in August 2022. Over the period under review, total imports indicated a resilient increase from January 2022 to August 2022: its value increased at an average monthly rate of +8.5% over the last seven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2022 figures, imports increased by +19.8% against July 2022 indices. The most prominent rate of growth was recorded in May 2022 when imports increased by 102% month-to-month. Imports peaked in August 2022.

U.S. Video Game Console Imports by Country

In August 2022, China (5.8M units) constituted the largest supplier of video game console to the United States, with a 82% share of total imports. Moreover, video game console imports from China exceeded the figures recorded by the second-largest supplier, Japan (927K units), sixfold.

From January 2022 to August 2022, the average monthly rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: Japan (-1.7% per month) and Vietnam (-3.0% per month).

In value terms, China ($990M) constituted the largest supplier of video game console to the United States, comprising 91% of total imports. The second position in the ranking was held by Vietnam ($64M), with a 5.9% share of total imports.

From January 2022 to August 2022, the average monthly rate of growth in terms of value from China totaled +9.3%. The remaining supplying countries recorded the following average monthly rates of imports growth: Vietnam (-0.2% per month) and Japan (+19.7% per month).

Source: https://www.indexbox.io/blog/video-game-console-price-august-2022/

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Archives, Global Trade Daily, News

Chicken Meat Price in the U.S. Stabilizes near $1,470 per Ton, Remaining Stable in August

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U.S. Chicken Meat Export Price per Ton August 2022

In August 2022, the chicken meat price per ton amounted to $1,471, remaining constant against the previous month. Over the period from January 2022 to August 2022, it increased at an average monthly rate of +2.1%. The most prominent rate of growth was recorded in June 2022 an increase of 18% m-o-m. As a result, the export price attained the peak level of $1,507 per ton; afterwards, it flattened through to August 2022.

There were significant differences in the average prices for the major foreign markets. In August 2022, the country with the highest price was Canada ($3.3 per kg), while the average price for exports to Georgia ($1 per kg) was amongst the lowest.

From January 2022 to August 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.

U.S. Chicken Meat Export Prices by Type

Average prices varied somewhat for the major types of exported product. In August 2022, the highest price was recorded for prices to frozen whole chickens ($2 per kg) and fresh or chilled whole chickens ($1.9 per kg), while the average price for exports of frozen cuts of chicken ($1.4 per kg) and fresh or chilled cuts of chicken ($1.6 per kg) were amongst the lowest.

From January 2022 to August 2022, the most notable rate of growth in terms of prices was recorded for the following types: frozen whole chicken (+12.0%), while the prices for the other products experienced more modest paces of growth.

U.S. Chicken Meat Exports

In August 2022, overseas shipments of chicken meat were finally on the rise to reach 308K tons for the first time since May 2022, thus ending a two-month declining trend. The total export volume increased at an average monthly rate of +1.3% from January 2022 to August 2022; the trend pattern remained consistent, with only minor fluctuations in certain months. The growth pace was the most rapid in February 2022 with an increase of 13% m-o-m. The exports peaked at 338K tons in May 2022; however, from June 2022 to August 2022, the exports stood at a somewhat lower figure.

In value terms, chicken meat exports rose notably to $453M (IndexBox estimates) in August 2022. The total export value increased at an average monthly rate of +3.3% over the period from January 2022 to August 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain months. The most prominent rate of growth was recorded in June 2022 with an increase of 10% month-to-month. As a result, the exports attained the peak of $477M. From July 2022 to August 2022, the growth of the exports failed to regain momentum.

U.S. Chicken Meat Exports by Type

Frozen cuts of chicken (251K tons) was the largest type of chicken meat exported from the United States, accounting for a 82% share of total exports. Moreover, frozen cuts of chicken exceeded the volume of the second product type, fresh or chilled cuts of chicken (55K tons), fivefold. The third position in this ranking was taken by frozen whole chickens (1.6K tons), with a 0.5% share.

From January 2022 to August 2022, the average monthly rate of growth in terms of the volume of export of frozen cuts of chicken stood at +1.4%. With regard to the other exported products, the following average monthly rates of growth were recorded: fresh or chilled cuts of chicken (+2.2% per month) and frozen whole chickens (-17.3% per month).

In value terms, frozen cuts of chicken ($364M) remains the largest type of chicken meat exported from the United States, comprising 80% of total exports. The second position in the ranking was taken by fresh or chilled cuts of chicken ($85M), with a 19% share of total exports. It was followed by frozen whole chickens, with a 0.7% share.

From January 2022 to August 2022, the average monthly rate of growth in terms of the export volume of frozen cuts of chicken amounted to +3.3%. With regard to the other exported products, the following average monthly rates of growth were recorded: fresh or chilled cuts of chicken (+4.1% per month) and frozen whole chickens (-7.4% per month).

U.S. Chicken Meat Exports by Country

China (62K tons), Mexico (57K tons) and Cuba (21K tons) were the main destinations of chicken meat exports from the United States, together accounting for 45% of total exports. These countries were followed by the Philippines, Vietnam, Taiwan (Chinese), Angola, Canada, Guatemala, Georgia, Congo, Haiti and Colombia, which together accounted for a further 35%.

From January 2022 to August 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Vietnam (with a CAGR of +20.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for the meat exported from the United States were China ($106M), Mexico ($65M) and Canada ($42M), with a combined 47% share of total exports. Cuba, the Philippines, Taiwan (Chinese), Angola, Vietnam, Guatemala, Congo, Georgia, Colombia and Haiti lagged somewhat behind, together accounting for a further 33%.

Vietnam, with a CAGR of +24.6%, recorded the highest rates of growth with regard to 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.

Source: https://www.indexbox.io/blog/chicken-meat-price-per-ton-august-2022/

Archives, Global Trade Daily, Imports/Exports, News

U.S. Christmas Decoration Price Declines 10% to $3 per Unit

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 U.S. Christmas Decoration Import Price August 2022

The average christmas decoration price stood at $3 per unit in August 2022, declining by -9.5% against the previous month. In general, the import price recorded a perceptible shrinkage. The most prominent rate of growth was recorded in May 2022 an increase of 5% month-to-month. Over the period under review, average import prices attained the maximum at $3.6 per unit in January 2022; however, from February 2022 to August 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In August 2022, the country with the highest price was India ($3.4K per thousand units), while the price for China totaled $2.9K per thousand units.

From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by India (+0.7%).

Import Price (USD per unit)

U.S. Christmas Decoration Imports

For the sixth month in a row, the United States recorded growth in supplies from abroad of christmas decoration, which increased by 84% to 377M units in August 2022. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in June 2022 when imports increased by 200% month-to-month. Imports peaked in August 2022.

In value terms, christmas decoration imports soared to $1.1B (IndexBox estimates) in August 2022. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in June 2022 with an increase of 183% m-o-m. Over the period under review, imports hit record highs in August 2022.

U.S. Christmas Decoration Imports by Country

In August 2022, China (356M units) was the main christmas decoration supplier to the United States, accounting for a 94% share of total imports. It was followed by India (6M units), with a 1.6% share of total imports.

From January 2022 to August 2022, the average monthly growth rate of volume from China amounted to +71.4%.

In value terms, China ($1B) constituted the largest supplier of christmas decoration to the United States, comprising 92% of total imports. The second position in the ranking was taken by India ($20M), with a 1.8% share of total imports.

From January 2022 to August 2022, the average monthly rate of growth in terms of value from China totaled +66.5%.

Source: https://www.indexbox.io/blog/christmas-decoration-price-august-2022/

laptop price in America
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Laptop Price in America Averages $495 per Unit, Fluctuating Mildly this Year

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U.S. Laptop and Tablet Computer Import Price August 2022

In August 2022, the average laptop and tablet computer price amounted to $495 (CIF, US) per unit, rising by 4.5% against the previous month. Over the period from January 2022 to August 2022, it increased at an average monthly rate of +1.4%. The pace of growth appeared the most rapid in June 2022 an increase of 10% month-to-month. The import price peaked in August 2022.

Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($906 per unit), while the price for Vietnam ($366 per unit) was amongst the lowest.

From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

U.S. Laptop and Tablet Computer Imports

In August 2022, imports of laptops and palm-top computers into the United States fell to 10M units, declining by -7.2% on July 2022 figures. In general, total imports indicated mild growth from January 2022 to August 2022: its volume increased at an average monthly rate of +1.1% over the last seven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2022 figures, imports decreased by -8.2% against June 2022 indices. The most prominent rate of growth was recorded in March 2022 with an increase of 52% against the previous month. Over the period under review, imports reached the maximum at 11M units in June 2022; however, from July 2022 to August 2022, imports failed to regain momentum.

In value terms, laptop and tablet computer imports declined modestly to $5.1B (IndexBox estimates) in August 2022. Overall, total imports indicated a temperate increase from January 2022 to August 2022: its value increased at an average monthly rate of +2.5% over the last seven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2022 figures, imports decreased by -7.1% against June 2022 indices. The most prominent rate of growth was recorded in March 2022 when imports increased by 52% against the previous month. Over the period under review, imports hit record highs at 5.5B units in June 2022; however, from July 2022 to August 2022, imports stood at a somewhat lower figure.

U.S. Laptop and Tablet Computer Imports by Country

In August 2022, China (9.6M units) was the main laptop and tablet computer supplier to the United States, with a 93% share of total imports. Moreover, laptop and tablet computer imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (423K units), more than tenfold.

From January 2022 to August 2022, the average monthly rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: Vietnam (+5.2% per month) and Taiwan (Chinese) (+4.3% per month).

In value terms, China ($4.7B) constituted the largest supplier of laptop and tablet computer to the United States, comprising 92% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($199M), with a 3.9% share of total imports.

From January 2022 to August 2022, the average monthly growth rate of value from China stood at +2.2%. The remaining supplying countries recorded the following average monthly rates of imports growth: Taiwan (Chinese) (+7.3% per month) and Vietnam (+7.5% per month).

Source: https://www.indexbox.io/blog/laptop-and-tablet-computer-price-august-2022/

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Archives, Global Logistics, Global Trade Daily, News, Trucking

U.S. Truck Trailer Price Accelerates, Soaring 17% to $8,791 per Unit

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U.S. Truck Trailer Import Price August 2022

In August 2022, the average truck trailer price amounted to $8,791 (CIF, US) per unit, with an increase of 17% against the previous month. In general, import price indicated a resilient increase from January 2022 to August 2022: its price increased at an average monthly rate of +8.1% over the last seven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2022 figures, truck trailer import price decreased by -11.3% against June 2022 indices. The growth pace was the most rapid in June 2022 an increase of 41% month-to-month. As a result, import price attained the peak level of $9.9M per thousand units; afterwards, it flattened through to August 2022. Prices varied noticeably by the country of origin: the country with the highest price was Canada ($24,715 per unit), while the price for China ($694 per unit) was amongst the lowest. From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by China (+16.0%), while the prices for the other major suppliers experienced mixed trend patterns.

U.S. Truck Trailer Imports

In August 2022, truck trailer imports into the United States contracted slightly to 44K units, flattening at July 2022 figures. Overall, imports continue to indicate a mild shrinkage. The growth pace was the most rapid in July 2022 with an increase of 30% month-to-month. Imports peaked at 62K units in February 2022; however, from March 2022 to August 2022, imports stood at a somewhat lower figure. In value terms, truck trailer imports soared to $387M (IndexBox estimates) in August 2022. The total import value increased at an average monthly rate of +6.5% over the period from January 2022 to August 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain months. The most prominent rate of growth was recorded in March 2022 when imports increased by 26% m-o-m. Imports peaked in August 2022.

U.S. Truck Trailer Imports by Country

In August 2022, China (28K units) constituted the largest truck trailer supplier to the United States, with a 64% share of total imports. Moreover, truck trailer imports from China exceeded the figures recorded by the second-largest supplier, Mexico (14K units), twofold. From January 2022 to August 2022, the average monthly rate of growth in terms of volume from China amounted to -3.9%. The remaining supplying countries recorded the following average monthly rates of imports growth: Mexico (+5.6% per month) and Canada (+0.3% per month). In value terms, Mexico ($333M) constituted the largest supplier of truck trailer to the United States, comprising 86% of total imports. The second position in the ranking was taken by Canada ($27M), with a 7.1% share of total imports. From January 2022 to August 2022, the average monthly rate of growth in terms of value from Mexico totaled +7.1%. The remaining supplying countries recorded the following average monthly rates of imports growth: Canada (-1.5% per month) and China (+11.5% per month)

Source: https://www.indexbox.io/blog/truck-trailer-price-august-2022/