Price for Braids; in the Piece in the United States - 2023
Contents:
- Price for Braids; in the Piece in the United States (CIF) - 2023
- Price for Braids; in the Piece in the United States (FOB) - 2022
- Imports of Braids; in the Piece in the United States
- Exports of Braids; in the Piece in the United States
Price for Braids; in the Piece in the United States (CIF) - 2023
The average braids; in the piece import price stood at $19,176 per ton in August 2023, increasing by 15% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in April 2023 when the average import price increased by 80% month-to-month. As a result, import price attained the peak level of $20,592 per ton. From May 2023 to August 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($23,067 per ton), while the price for South Korea ($5,184 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Braids; in the Piece in the United States (FOB) - 2022
The average braids; in the piece export price stood at $21,162 per ton in 2022, waning by -7.3% against the previous year. In general, the export price, however, showed a remarkable increase. The pace of growth appeared the most rapid in 2016 when the average export price increased by 44%. The export price peaked at $22,818 per ton in 2021, and then shrank in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($68,850 per ton), while the average price for exports to Israel ($5,690 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (+40.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Braids; in the Piece in the United States
In 2022, imports of braids; in the pieces into the United States dropped to 1.2K tons, remaining relatively unchanged against the year before. The total import volume increased at an average annual rate of +7.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 44% against the previous year. As a result, imports reached the peak of 1.2K tons, leveling off in the following year.
In value terms, braids; in the piece imports dropped to $20M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +7.3% 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 +48.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 49%. As a result, imports reached the peak of $20M, leveling off in the following year.
| Import of Braids; in the Piece in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 8.7 | 8.1 | 11.0 | 12.1 | 11.6% |
| China | 3.3 | 1.7 | 3.6 | 2.8 | -5.3% |
| Germany | 0.2 | 0.3 | 1.3 | 1.4 | 91.3% |
| Taiwan (Chinese) | 1.3 | 0.9 | 0.8 | 0.9 | -11.5% |
| India | 1.0 | 0.6 | 1.0 | 0.7 | -11.2% |
| Thailand | 0.3 | 0.3 | 0.3 | 0.4 | 10.1% |
| Others | 1.2 | 1.3 | 1.8 | 1.5 | 7.7% |
| Total | 16.0 | 13.3 | 19.8 | 19.7 | 7.2% |
Top Suppliers of Braids; in the Piece to the United States in 2022:
- Mexico (713.9 tons)
- China (223.4 tons)
- Germany (88.9 tons)
- Taiwan (Chinese) (46.7 tons)
- Thailand (41.6 tons)
- India (28.1 tons)
Exports of Braids; in the Piece in the United States
In 2022, the amount of braids; in the pieces exported from the United States soared to 951 tons, growing by 26% against the previous year's figure. Over the period under review, exports enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 236%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, braids; in the piece exports skyrocketed to $20M in 2022. In general, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 248%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Braids; in the Piece in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 2.7 | 2.0 | 11.3 | 12.5 | 66.7% |
| Singapore | 0.1 | N/A | 1.9 | 1.6 | 152.0% |
| Canada | 0.8 | 0.5 | 0.9 | 1.4 | 20.5% |
| Jamaica | 0.5 | 0.5 | 0.4 | 0.8 | 17.0% |
| China | N/A | 0.1 | 0.4 | 0.4 | 100.0% |
| Israel | 0.1 | N/A | N/A | 0.1 | 0.0% |
| Others | 1.7 | 1.9 | 2.4 | 3.3 | 24.7% |
| Total | 5.8 | 5.0 | 17.2 | 20.1 | 51.3% |
Top Export Markets for Braids; in the Piece from the United States in 2022:
- Mexico (529.9 tons)
- Canada (112.9 tons)
- Singapore (91.9 tons)
- Jamaica (47.0 tons)
- China (32.2 tons)
- Israel (16.8 tons)
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