Price for Garden or Similar Umbrellas in China - 2023
Contents:
- Price for Garden or Similar Umbrellas in China (FOB) - 2023
- Price for Garden or Similar Umbrellas in China (CIF) - 2022
- Exports of Garden or Similar Umbrellas in China
- Imports of Garden or Similar Umbrellas in China
Price for Garden or Similar Umbrellas in China (FOB) - 2023
In September 2023, the average garden or similar umbrellas export price amounted to $13.4 per unit, dropping by -1.9% against the previous month. Overall, the export price continues to indicate a pronounced curtailment. The most prominent rate of growth was recorded in January 2023 an increase of 14% m-o-m. The export price peaked at $19.1 per unit in February 2023; however, from March 2023 to September 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Australia ($33.3 per unit), while the average price for exports to Peru ($3.5 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Garden or Similar Umbrellas in China (CIF) - 2022
In 2022, the average garden or similar umbrellas import price amounted to $37 per unit, which is down by -60.9% against the previous year. In general, the import price saw a pronounced decline. The most prominent rate of growth was recorded in 2017 when the average import price increased by 59% against the previous year. As a result, import price reached the peak level of $101 per unit. From 2018 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($805 per unit), while the price for Indonesia ($18 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+25.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Garden or Similar Umbrellas in China
Garden or similar umbrellas exports from China surged to 64M units in 2022, rising by 72% on the year before. Overall, exports posted a significant increase. The growth pace was the most rapid in 2021 when exports increased by 114% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, garden or similar umbrellas exports fell to $1.2B in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +14.9% 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 +51.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 55%. As a result, the exports reached the peak of $1.3B, and then reduced slightly in the following year.
| Export of Garden or Similar Umbrellas in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 270 | 317 | 455 | 438 | 17.5% |
| France | 53.3 | 51.6 | 88.9 | 84.7 | 16.7% |
| Germany | 73.9 | 71.8 | 124 | 83.1 | 4.0% |
| Spain | 27.5 | 22.3 | 36.2 | 52.7 | 24.2% |
| Italy | 29.3 | 24.0 | 44.9 | 51.6 | 20.8% |
| United Kingdom | 38.7 | 32.6 | 70.5 | 51.0 | 9.6% |
| Netherlands | 41.8 | 37.9 | 66.2 | 46.7 | 3.8% |
| Canada | 30.3 | 27.5 | 40.4 | 37.4 | 7.3% |
| Mexico | 13.0 | 8.5 | 12.2 | 17.7 | 10.8% |
| Thailand | 9.2 | 13.1 | 11.0 | 16.6 | 21.7% |
| Brazil | 13.1 | 10.1 | 11.0 | 13.4 | 0.8% |
| Philippines | 5.6 | 5.5 | 9.1 | 12.2 | 29.6% |
| Greece | 6.0 | 4.5 | 5.9 | 9.8 | 17.8% |
| Others | 187 | 193 | 295 | 297 | 16.7% |
| Total | 799 | 819 | 1,270 | 1,212 | 14.9% |
Top Export Markets for Garden or Similar Umbrellas from China in 2022:
- United States (17.1M units)
- Spain (5.3M units)
- Germany (4.0M units)
- France (3.8M units)
- Italy (3.7M units)
- United Kingdom (2.4M units)
- Netherlands (2.3M units)
- Thailand (1.7M units)
- Brazil (1.5M units)
- Mexico (1.5M units)
- Canada (1.4M units)
- Philippines (1.0M units)
- Greece (1.0M units)
Imports of Garden or Similar Umbrellas in China
Garden or similar umbrellas imports into China surged to 20K units in 2022, rising by 283% on 2021 figures. In general, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, garden or similar umbrellas imports soared to $752K in 2022. Over the period under review, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 103% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Garden or Similar Umbrellas in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 95.3 | 67.1 | 108 | 135 | 12.3% |
| Switzerland | 0.4 | N/A | 42.9 | 71.6 | 463.6% |
| United States | 66.2 | 31.8 | 43.5 | 57.6 | -4.5% |
| Belgium | 6.9 | 2.5 | 15.7 | 56.3 | 101.3% |
| Germany | 14.5 | 7.7 | 28.2 | 30.9 | 28.7% |
| Thailand | 2.1 | 8.0 | 15.9 | 26.4 | 132.5% |
| France | 7.0 | N/A | 18.2 | 20.8 | 43.8% |
| United Kingdom | N/A | 0.4 | 0.5 | 15.2 | 516.4% |
| Poland | 11.4 | 18.6 | 70.6 | 2.2 | -42.2% |
| Indonesia | 18.6 | 2.7 | 2.3 | 1.4 | -57.8% |
| Sweden | 3.0 | N/A | N/A | N/A | 0% |
| Others | 94.2 | 109 | 156 | 334 | 52.5% |
| Total | 320 | 247 | 501 | 752 | 33.0% |
Top Suppliers of Garden or Similar Umbrellas to China in 2022:
- Poland (undefinedK units)
- France (undefinedK units)
- Vietnam (1.7K units)
- Belgium (1.0K units)
- Germany (0.6K units)
- Thailand (0.6K units)
- United Kingdom (0.4K units)
- United States (0.1K units)
- Indonesia (0.1K units)
- Switzerland (0.1K units)
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