Price for Baby Carriages and Parts Thereof in China - 2023

Price for Baby Carriages and Parts Thereof in China (FOB) - 2023

In June 2023, the average export price for baby carriages and parts thereoves amounted to $48.2 per unit, remaining stable against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in October 2022 when the average export price increased by 8.1% against the previous month. Over the period under review, the average export prices attained the peak figure at $55.6 per unit in March 2023; however, from April 2023 to June 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was Germany ($74.7 per unit), while the average price for exports to India ($22.7 per unit) 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 Kazakhstan (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Baby Carriages and Parts Thereof in China (CIF) - 2023

The average import price for baby carriages and parts thereoves stood at $134 per unit in June 2023, surging by 43% against the previous month. In general, the import price, however, continues to indicate a noticeable decline. The most prominent rate of growth was recorded in February 2023 an increase of 106% month-to-month. As a result, import price reached the peak level of $202 per unit. From March 2023 to June 2023, the average import prices remained at a 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 ($857 per unit), while the price for Japan ($28.8 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Baby Carriages and Parts Thereof in China

In 2022, exports of baby carriages and parts thereoves from China expanded markedly to 35M units, with an increase of 8.9% against the previous year. The total export volume increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 9.9% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, baby carriages and parts thereof exports expanded markedly to $1.7B in 2022. The total export value increased at an average annual rate of +6.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 17%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Export of Baby Carriages and Parts Thereof in China (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	371	334	430	501	10.5%
Germany	98.1	115	129	131	10.1%
Netherlands	95.1	94.9	150	111	5.3%
United Kingdom	89.2	81.3	76.7	103	4.9%
Poland	29.4	35.2	43.8	44.5	14.8%
Russia	36.3	36.2	45.0	42.5	5.4%
Australia	32.6	34.8	34.5	42.1	8.9%
Italy	32.8	30.0	33.2	35.1	2.3%
United Arab Emirates	32.1	14.6	20.8	30.7	-1.5%
Indonesia	28.5	19.7	21.0	28.9	0.5%
France	32.3	26.4	28.1	28.3	-4.3%
Mexico	22.1	15.4	18.5	21.6	-0.8%
Uzbekistan	10.8	13.4	11.6	16.1	14.2%
Others	471	417	442	535	4.3%
Total	1,381	1,268	1,485	1,671	6.6%

Top Export Markets for Baby Carriages and Parts Thereof from China in 2022:

United States (11.5M units)
Germany (2.0M units)
United Kingdom (1.9M units)
Netherlands (1.3M units)
Russia (1.1M units)
Poland (0.9M units)
Indonesia (0.9M units)
Mexico (0.8M units)
Italy (0.7M units)
United Arab Emirates (0.7M units)
Australia (0.7M units)
France (0.6M units)
Uzbekistan (0.6M units)

Imports of Baby Carriages and Parts Thereof in China

In 2022, the amount of baby carriages and parts thereoves imported into China declined to 52K units, falling by -8% against 2021. Overall, imports saw a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 14%. Over the period under review, imports reached the maximum at 71K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, baby carriages and parts thereof imports soared to $7.7M in 2022. In general, imports, however, saw a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Baby Carriages and Parts Thereof in China (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	1,050	185	597	1,480	12.1%
Italy	505	160	158	402	-7.3%
Cambodia	380	80.6	210	339	-3.7%
Hungary	1,152	218	104	120	-52.9%
Japan	159	98.8	74.3	62.6	-26.7%
United States	190	18.0	29.6	13.3	-58.8%
Germany	388	37.2	7.4	2.0	-82.7%
Hong Kong SAR	488	N/A	N/A	N/A	0%
United Arab Emirates	262	N/A	N/A	N/A	0%
Taiwan (Chinese)	2,814	N/A	N/A	N/A	0%
Others	343	4,325	5,104	5,327	149.5%
Total	7,730	5,122	6,284	7,744	0.1%