Price for Garden or Similar Umbrellas in Chile - 2023

Contents:

  1. Price for Garden or Similar Umbrellas in Chile (CIF) - 2023
  2. Price for Garden or Similar Umbrellas in Chile (FOB) - 2022
  3. Imports of Garden or Similar Umbrellas in Chile
  4. Exports of Garden or Similar Umbrellas in Chile

Price for Garden or Similar Umbrellas in Chile (CIF) - 2023

In September 2023, the average garden or similar umbrellas import price amounted to $5.3 per unit, with a decrease of -52.6% against the previous month. Overall, the import price continues to indicate a perceptible decline. The most prominent rate of growth was recorded in May 2023 an increase of 483% month-to-month. Over the period under review, average import prices hit record highs at $11.3 per unit in August 2023, and then fell notably in the following month.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was China ($6.0 per unit), while the price for India amounted to $808 per thousand units.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by India (+1.3%).

Price for Garden or Similar Umbrellas in Chile (FOB) - 2022

The average garden or similar umbrellas export price stood at $112 per unit in 2022, surging by 12% against the previous year. Over the period under review, the export price recorded strong growth. The growth pace was the most rapid in 2015 when the average export price increased by 102% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($110 per unit), while the average price for exports to Peru ($105 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+14.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Garden or Similar Umbrellas in Chile

For the fourth year in a row, Chile recorded growth in purchases abroad of garden or similar umbrellases, which increased by 7.3% to 1.1M units in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +18.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 52%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, garden or similar umbrellas imports reduced slightly to $9.1M in 2022. Over the period under review, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 97% against the previous year. As a result, imports attained the peak of $9.2M, leveling off in the following year.

Import of Garden or Similar Umbrellas in Chile (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.34.58.88.726.5%
Others0.30.20.30.410.1%
Total4.64.69.29.125.5%

Top Suppliers of Garden or Similar Umbrellas to Chile in 2022:

  1. China (1074.7K units)

Exports of Garden or Similar Umbrellas in Chile

In 2022, overseas shipments of garden or similar umbrellases decreased by -10.8% to 11K units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 495% against the previous year. The exports peaked at 13K units in 2021, and then contracted in the following year.

In value terms, garden or similar umbrellas exports stood at $1.3M in 2022. Over the period under review, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 503%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

Export of Garden or Similar Umbrellas in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bolivia20.9477876681219.4%
Paraguay90.714321830449.7%
Peru2.4151163238362.9%
Others15.510.68.544.842.4%
Total1297811,2651,267114.2%

Top Export Markets for Garden or Similar Umbrellas from Chile in 2022:

  1. Bolivia (6.2K units)
  2. Paraguay (2.9K units)
  3. Peru (2.3K units)
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