U.S. Travel Set Price Surges 89% to $1.0 per Unit
U.S. Travel Set Import Price in April 2023
In April 2023, the travel set price stood at $1.0 per unit (CIF, US), jumping by 89% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $1.3 per unit in September 2022; however, from October 2022 to April 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From April 2022 to April 2023, the rate of growth in terms of prices for China amounted to -0.1% per month.
U.S. Travel Set Imports
Travel set imports into the United States shrank sharply to 3.4M units in April 2023, falling by -17% on March 2023. Overall, total imports indicated a slight increase from April 2022 to April 2023: its volume increased at an average monthly rate of +1.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2023 figures, imports decreased by -17.7% against January 2023 indices. The growth pace was the most rapid in January 2023 when imports increased by 62% month-to-month. As a result, imports reached the peak of 4.1M units. From February 2023 to April 2023, the growth of imports remained at a somewhat lower figure.
In value terms, travel set imports surged to $3.5M (IndexBox estimates) in April 2023. In general, imports, however, recorded a relatively flat trend pattern. Over the period under review, imports attained the maximum at 3.9M units in January 2023; however, from February 2023 to April 2023, imports remained at a lower figure.
U.S. Travel Set Imports by Country
In April 2023, China (3.3M units) was the main travel set supplier to the United States, with a approximately 99% share of total imports.
From April 2022 to April 2023, the average monthly growth rate of volume from China totaled +1.9%.
In value terms, China ($3.4M) constituted the largest supplier of travel set to the United States.
From April 2022 to April 2023, the average monthly growth rate of value from China amounted to +1.8%.
Leave a Reply