Price for Garden or Similar Umbrellas in Ecuador - 2022
Contents:
- Price for Garden or Similar Umbrellas in Ecuador (CIF) - 2022
- Price for Garden or Similar Umbrellas in Ecuador (FOB) - 2022
- Imports of Garden or Similar Umbrellas in Ecuador
- Exports of Garden or Similar Umbrellas in Ecuador
Price for Garden or Similar Umbrellas in Ecuador (CIF) - 2022
The average garden or similar umbrellas import price stood at $22.2 per unit in January 2022, growing by 15% against the previous month. In general, the import price showed notable growth. The most prominent rate of growth was recorded in May 2021 an increase of 172% m-o-m. The import price peaked at $31.7 per unit in November 2021; however, from December 2021 to January 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From January 2021 to January 2022, the rate of growth in terms of prices for China amounted to +1.9% per month.
Price for Garden or Similar Umbrellas in Ecuador (FOB) - 2022
The average garden or similar umbrellas export price stood at $12 per unit in 2022, growing by 39% against the previous year. Over the period under review, the export price, however, continues to indicate a mild curtailment. The pace of growth appeared the most rapid in 2013 an increase of 1,574% against the previous year. As a result, the export price reached the peak level of $227 per unit. From 2014 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Costa Rica ($20 per unit), while the average price for exports to the Dominican Republic ($1 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 Costa Rica (+9.8%), while the prices for the other major destinations experienced a decline.
Imports of Garden or Similar Umbrellas in Ecuador
Garden or similar umbrellas imports into Ecuador reached 129K units in 2022, increasing by 13% compared with the previous year's figure. Overall, imports, however, continue to indicate a pronounced decrease. Imports peaked at 148K units in 2020; however, from 2021 to 2022, imports failed to regain momentum.
In value terms, garden or similar umbrellas imports shrank to $630K in 2022. Over the period under review, imports, however, saw a slight contraction. The most prominent rate of growth was recorded in 2021 with an increase of 38%. As a result, imports attained the peak of $731K, and then declined in the following year.
| Import of Garden or Similar Umbrellas in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 580 | 464 | 627 | 582 | 0.1% |
| Others | 82.8 | 65.2 | 104 | 47.5 | -16.9% |
| Total | 663 | 529 | 731 | 630 | -1.7% |
Top Suppliers of Garden or Similar Umbrellas to Ecuador in 2022:
- China (127.3K units)
Exports of Garden or Similar Umbrellas in Ecuador
In 2022, shipments abroad of garden or similar umbrellases decreased by -20% to 8 units for the first time since 2019, thus ending a two-year declining trend. In general, exports saw a precipitous slump. Over the period under review, the exports reached the maximum at 21 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, garden or similar umbrellas exports stood at $97 in 2022. Overall, exports continue to indicate a deep contraction. Over the period under review, the exports attained the peak figure at $123 in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Garden or Similar Umbrellas in Ecuador (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bermuda | 33.0 | N/A | N/A | 62.0 | 23.4% |
| Costa Rica | 55.0 | 20.0 | 61.0 | 20.0 | -28.6% |
| Guyana | N/A | N/A | N/A | 13.0 | 0% |
| Honduras | 1.0 | 1.0 | 1.0 | 1.0 | 0.0% |
| Dominican Republic | 33.0 | 3.0 | 25.0 | 1.0 | -68.8% |
| Chile | N/A | 80.0 | N/A | N/A | 0% |
| Bolivia | 1.0 | 1.0 | N/A | N/A | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 123 | 105 | 87.0 | 97.0 | -7.6% |
Top Export Markets for Garden or Similar Umbrellas from Ecuador in 2022:
- Bermuda (4.0 units)
- Dominican Republic (1.0 units)
- Honduras (1.0 units)
- Costa Rica (1.0 units)
- Guyana (1.0 units)
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