U.S. Data Storage Device Import Price in July 2023

In July 2023, the data storage device price amounted to $190 per unit (CIF, US), approximately mirroring the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 an increase of 15% m-o-m. Over the period under review, average import prices reached the peak figure at $250 per unit in October 2022; however, from November 2022 to July 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Thailand ($145 per unit), while the price for China ($66.4 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-0.3%), while the prices for the other major suppliers experienced a decline.

U.S. Data Storage Device Imports

In July 2023, supplies from abroad of data storage devices decreased by -15.9% to 2.6M units, falling for the second consecutive month after two months of growth. In general, imports continue to indicate a pronounced decline. The growth pace was the most rapid in February 2023 with an increase of 28% against the previous month. Over the period under review, imports attained the peak figure at 5.2M units in August 2022; however, from September 2022 to July 2023, imports failed to regain momentum.

In value terms, data storage device imports declined remarkably to $502M (IndexBox estimates) in July 2023. Over the period under review, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in April 2023 with an increase of 19% month-to-month. Imports peaked at 1.1B units in October 2022; however, from November 2022 to July 2023, imports stood at a somewhat lower figure.

U.S. Data Storage Device Imports by Country

In July 2023, Thailand (1.8M units) constituted the largest data storage device supplier to the United States, accounting for a 67% share of total imports. Moreover, data storage device imports from Thailand exceeded the figures recorded by the second-largest supplier, the Philippines (280K units), sixfold. The third position in this ranking was held by China (251K units), with a 9.5% share.

From July 2022 to July 2023, the average monthly rate of growth in terms of volume from Thailand amounted to -4.8%. The remaining supplying countries recorded the following average monthly rates of imports growth: the Philippines (-4.2% per month) and China (-5.6% per month).

In value terms, Thailand ($254M) constituted the largest supplier of data storage device to the United States, comprising 51% of total imports. The second position in the ranking was held by the Philippines ($24M), with a 4.9% share of total imports. It was followed by Taiwan (Chinese), with a 4% share.

From July 2022 to July 2023, the average monthly rate of growth in terms of value from Thailand totaled -6.5%. The remaining supplying countries recorded the following average monthly rates of imports growth: the Philippines (-9.1% per month) and Taiwan (Chinese) (-2.4% per month).

Source: IndexBox Market Intelligence Platform 

U.S. Jewelry and Silverware Imports

In July 2023, the amount of jewelry and silverware imported into the United States was estimated at 293K tons, increasing by 4% against the month before. In general, imports recorded prominent growth. The most prominent rate of growth was recorded in January 2023 when imports increased by 442% against the previous month.

In value terms, jewelry and silverware imports amounted to $3.4B (IndexBox estimates) in July 2023. Over the period under review, imports, however, saw a mild downturn. The pace of growth appeared the most rapid in May 2023 when imports increased by 42% against the previous month. As a result, imports attained the peak of $5.2B. From June 2023 to July 2023, the growth of imports remained at a lower figure.

Imports by Country

India (94K tons), Israel (73K tons) and China (21K tons) were the main suppliers of jewelry and silverware imports to the United States, with a combined 65% share of total imports.

From July 2022 to July 2023, the biggest increases were in Israel (with a CAGR of +28.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest jewelry and silverware suppliers to the United States were India ($873M), Israel ($461M) and China ($218M), with a combined 45% share of total imports.

Israel, with a CAGR of -0.5%, saw 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 July 2023, the jewelry and silverware price stood at $11,660 per ton (CIF, US), reducing by -3% against the previous month. Overall, the import price continues to indicate a abrupt downturn. The pace of growth was the most pronounced in April 2023 an increase of 22% m-o-m. The import price peaked at $71,225 per ton in October 2022; however, from November 2022 to July 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Hong Kong ($16,337 per ton), while the price for Belgium ($6,280 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (-1.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

U.S. Machine Tool Imports

In June 2023, purchases abroad of machine tools decreased by -3.9% to 33K tons, falling for the second consecutive month after two months of growth. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 with an increase of 17% month-to-month.

In value terms, machine tool imports rose sharply to $735M (IndexBox estimates) in June 2023. The total import value increased at an average monthly rate of +1.1% from June 2022 to June 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain months. The growth pace was the most rapid in November 2022 when imports increased by 13% m-o-m.

Imports by Country

China (6.9K tons), Japan (5.8K tons) and Taiwan (Chinese) (3.5K tons) were the main suppliers of machine tool imports to the United States, together comprising 49% of total imports. These countries were followed by South Korea, Italy and Germany, which together accounted for a further 26%.

From June 2022 to June 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +5.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($161M), Germany ($135M) and Italy ($75M) appeared to be the largest machine tool suppliers to the United States, together comprising 51% of total imports.

Italy, with a CAGR of +4.6%, saw 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 more modest paces of growth.

Import Prices by Country

In June 2023, the machine tool price amounted to $22,152 per ton (CIF, US), rising by 12% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.0%. The growth pace was the most rapid in September 2022 an increase of 15% month-to-month. The import price peaked at $23,085 per ton in December 2022; however, from January 2023 to June 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($48,611 per ton), while the price for India ($6,087 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 Germany (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform 

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. Olives Import Price in June 2023

In June 2023, the olives price amounted to $3,787 per ton (CIF, US), which is down by -2.3% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2022 an increase of 8.9% month-to-month. The import price peaked at $3,974 per ton in April 2023; however, from May 2023 to June 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Italy ($5,789 per ton), while the price for Egypt ($2,204 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 Portugal (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.

U.S. Olives Imports

In June 2023, preserved olive imports into the United States rose remarkably to 12K tons, increasing by 13% on the month before. Over the period under review, imports, however, continue to indicate a pronounced slump. The pace of growth was the most pronounced in March 2023 with an increase of 32% m-o-m.

In value terms, preserved olive imports expanded sharply to $45M (IndexBox estimates) in June 2023. Overall, imports, however, continue to indicate a mild slump. The most prominent rate of growth was recorded in March 2023 with an increase of 33% against the previous month.

U.S. Olives Imports by Country

Spain (4.4K tons), Greece (3.6K tons) and Italy (932 tons) were the main suppliers of preserved olive imports to the United States, together accounting for 74% of total imports. Egypt, Morocco, Turkey and Portugal lagged somewhat behind, together comprising a further 21%.

From June 2022 to June 2023, the biggest increases were in Egypt (with a CAGR of +7.7%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest preserved olive suppliers to the United States were Spain ($17M), Greece ($15M) and Italy ($5.4M), together comprising 82% of total imports. These countries were followed by Morocco, Egypt, Turkey and Portugal, which together accounted for a further 14%.

Egypt, with a CAGR of +6.4%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform