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/