Price for Garden or Similar Umbrellas in Colombia - 2022
Contents:
- Price for Garden or Similar Umbrellas in Colombia (CIF) - 2022
- Price for Garden or Similar Umbrellas in Colombia (FOB) - 2022
- Imports of Garden or Similar Umbrellas in Colombia
- Exports of Garden or Similar Umbrellas in Colombia
Price for Garden or Similar Umbrellas in Colombia (CIF) - 2022
The average garden or similar umbrellas import price stood at $8.4 per unit in February 2022, dropping by -54.4% against the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in May 2021 when the average import price increased by 105% month-to-month. Over the period under review, average import prices hit record highs at $23.8 per unit in November 2021; however, from December 2021 to February 2022, 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 February 2021 to February 2022, the rate of growth in terms of prices for China amounted to +0.0% per month.
Price for Garden or Similar Umbrellas in Colombia (FOB) - 2022
The average garden or similar umbrellas export price stood at $131 per unit in 2022, which is down by -19.3% against the previous year. Over the period under review, the export price, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2018 an increase of 140%. The export price peaked at $162 per unit in 2021, and then contracted notably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($973 per unit), while the average price for exports to Jamaica ($8.3 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 the United Arab Emirates (+283.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Garden or Similar Umbrellas in Colombia
In 2022, imports of garden or similar umbrellases into Colombia declined notably to 189K units, waning by -15.8% on 2021 figures. Overall, imports faced a sharp downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 46% against the previous year. Over the period under review, imports hit record highs at 450K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, garden or similar umbrellas imports dropped rapidly to $1.4M in 2022. In general, imports showed a noticeable descent. The growth pace was the most rapid in 2021 when imports increased by 109%. As a result, imports attained the peak of $1.9M, and then fell notably in the following year.
| Import of Garden or Similar Umbrellas in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.4 | 0.9 | 1.8 | 1.3 | -2.4% |
| Others | 0.1 | N/A | 0.1 | N/A | 0.0% |
| Total | 1.5 | 0.9 | 1.9 | 1.4 | -2.3% |
Top Suppliers of Garden or Similar Umbrellas to Colombia in 2022:
- China (188.5K units)
Exports of Garden or Similar Umbrellas in Colombia
In 2022, approx. 2.1K units of garden or similar umbrellases were exported from Colombia; picking up by 23% against 2021. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 560%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, garden or similar umbrellas exports shrank to $273K in 2022. In general, exports saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 1,224% against the previous year. The exports peaked at $275K in 2021, and then shrank modestly in the following year.
| Export of Garden or Similar Umbrellas in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.2 | 114 | 225 | 195 | 891.6% |
| Panama | 0.5 | 127 | 11.0 | 39.4 | 328.7% |
| Ecuador | 1.9 | 4.2 | 18.3 | 15.8 | 102.6% |
| Costa Rica | 0.1 | 5.4 | 1.2 | 1.9 | 166.8% |
| Jamaica | 1.3 | 0.9 | 1.6 | 1.7 | 9.4% |
| Others | 16.6 | 20.4 | 18.1 | 19.7 | 5.9% |
| Total | 20.5 | 272 | 275 | 273 | 137.0% |
Top Export Markets for Garden or Similar Umbrellas from Colombia in 2022:
- Ecuador (1310.0 units)
- Jamaica (210.0 units)
- United States (200.0 units)
- Panama (168.0 units)
- Costa Rica (130.0 units)
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