Price for Baby Carriages and Parts Thereof in the United States - 2023
Contents:
- Price for Baby Carriages and Parts Thereof in the United States (CIF) - 2023
- Price for Baby Carriages and Parts Thereof in the United States (FOB) - 2023
- Imports of Baby Carriages and Parts Thereof in the United States
- Exports of Baby Carriages and Parts Thereof in the United States
Price for Baby Carriages and Parts Thereof in the United States (CIF) - 2023
The average import price for baby carriages and parts thereoves stood at $65.4 per unit in August 2023, growing by 3.7% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in September 2022 when the average import price increased by 25% against the previous month. Over the period under review, average import prices hit record highs at $84.0 per unit in November 2022; however, from December 2022 to August 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In August 2023, the country with the highest price was China ($65.2 per unit), while the price for Vietnam totaled $51.1 per unit.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+7.8%).
Price for Baby Carriages and Parts Thereof in the United States (FOB) - 2023
In August 2023, the average export price for baby carriages and parts thereoves amounted to $81.5 per unit, which is down by -8.2% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in October 2022 an increase of 135% m-o-m. Over the period under review, the average export prices reached the maximum at $198 per unit in November 2022; however, from December 2022 to August 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Mexico ($152 per unit), while the average price for exports to the Netherlands ($38.0 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+4.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Baby Carriages and Parts Thereof in the United States
In 2022, baby carriages and parts thereof imports into the United States skyrocketed to 7.2M units, rising by 52% compared with 2021 figures. Overall, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, baby carriages and parts thereof imports soared to $424M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +10.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 38%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Baby Carriages and Parts Thereof in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 302 | 226 | 311 | 410 | 10.7% |
| Taiwan (Chinese) | 1.9 | 1.8 | 3.1 | 5.6 | 43.4% |
| Others | 9.1 | 6.8 | 8.9 | 8.0 | -4.2% |
| Total | 313 | 234 | 323 | 424 | 10.6% |
Top Suppliers of Baby Carriages and Parts Thereof to the United States in 2022:
- China (6.9M units)
- Taiwan (Chinese) (0.2M units)
Exports of Baby Carriages and Parts Thereof in the United States
In 2022, approx. 525K units of baby carriages and parts thereoves were exported from the United States; jumping by 38% on the year before. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +17.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.0% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, baby carriages and parts thereof exports surged to $37M in 2022. The total export value increased at an average annual rate of +7.3% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Baby Carriages and Parts Thereof in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 6.9 | 6.9 | 9.9 | 15.9 | 32.1% |
| China | 0.5 | 1.3 | 0.2 | 11.5 | 184.4% |
| South Korea | 15.8 | 15.5 | 15.3 | 4.3 | -35.2% |
| Mexico | 1.8 | 1.2 | 1.1 | 0.9 | -20.6% |
| Others | 4.7 | 5.8 | 5.4 | 4.1 | -4.5% |
| Total | 29.7 | 30.6 | 31.9 | 36.7 | 7.3% |
Top Export Markets for Baby Carriages and Parts Thereof from the United States in 2022:
- China (225.8K units)
- Canada (187.5K units)
- South Korea (41.2K units)
- Mexico (9.1K units)
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This report provides an in-depth analysis of the baby carriage market in the U.S..
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This report provides an in-depth analysis of the global baby carriage market.
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This report provides an in-depth analysis of the baby carriage market in the U.S..
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This report provides an in-depth analysis of the global baby carriage market.
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