U.S. Festive Articles Imports

In October 2023, after three months of decline, there was growth in supplies from abroad of festive or carnival articles, when their volume increased by 3.4% to 32K tons. Overall, imports recorded perceptible growth. The pace of growth was the most pronounced in May 2023 when imports increased by 108% against the previous month.

In value terms, festive articles imports fell markedly to $96M (IndexBox estimates) in October 2023. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 when imports increased by 123% m-o-m.

Imports by Country

In October 2023, China (31K tons) was the main supplier of festive articles to the United States, with a approximately 96% share of total imports.

From October 2022 to October 2023, the average monthly rate of growth in terms of volume from China stood at +2.3%.

In value terms, China ($87M) constituted the largest supplier of festive articles to the United States.

From October 2022 to October 2023, the average monthly rate of growth in terms of value from China was relatively modest.

Import Prices by Country

In October 2023, the festive articles price stood at $3,030 per ton (CIF, US), reducing by -30.6% against the previous month. In general, the import price saw a pronounced reduction. The most prominent rate of growth was recorded in April 2023 an increase of 36% month-to-month. Over the period under review, average import prices attained the peak figure at $6,474 per ton in August 2023; however, from September 2023 to October 2023, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China. From October 2022 to October 2023, the rate of growth in terms of prices for China amounted to -2.5% per month.

Source: IndexBox Market Intelligence Platform