Price for Garden or Similar Umbrellas in Egypt - 2023
Contents:
- Price for Garden or Similar Umbrellas in Egypt (CIF) - 2022
- Price for Garden or Similar Umbrellas in Egypt (FOB) - 2022
- Imports of Garden or Similar Umbrellas in Egypt
- Exports of Garden or Similar Umbrellas in Egypt
Price for Garden or Similar Umbrellas in Egypt (CIF) - 2022
The average garden or similar umbrellas import price stood at $56 per unit in 2022, with a decrease of -33.9% against the previous year. Over the period under review, the import price, however, recorded a prominent increase. The pace of growth appeared the most rapid in 2019 an increase of 162%. Over the period under review, average import prices hit record highs at $84 per unit in 2021, and then reduced notably in the following year.
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 Italy ($122 per unit), while the price for Germany ($42 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Garden or Similar Umbrellas in Egypt (FOB) - 2022
The average garden or similar umbrellas export price stood at $15 per unit in 2022, shrinking by -55.8% against the previous year. In general, the export price recorded a perceptible setback. The most prominent rate of growth was recorded in 2021 an increase of 49% against the previous year. Over the period under review, the average export prices attained the peak figure at $41 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Libya.
From 2012 to 2022, the rate of growth in terms of prices for Libya amounted to +20.4% per year.
Imports of Garden or Similar Umbrellas in Egypt
In 2022, supplies from abroad of garden or similar umbrellases increased by 348% to 19K units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a noticeable downturn. Imports peaked at 22K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, garden or similar umbrellas imports surged to $1.1M in 2022. Overall, imports posted buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Garden or Similar Umbrellas in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 94.4 | 34.8 | 9.1 | 775 | 101.7% |
| China | 165 | 196 | 187 | 190 | 4.8% |
| Italy | 108 | 43.4 | 20.0 | 58.5 | -18.5% |
| Germany | 126 | 0.4 | N/A | 4.6 | -66.8% |
| Others | 147 | 102 | 147 | 46.6 | -31.8% |
| Total | 641 | 376 | 363 | 1,074 | 18.8% |
Top Suppliers of Garden or Similar Umbrellas to Egypt in 2022:
- Turkey (15.7K units)
- China (2.6K units)
- Italy (0.5K units)
- Germany (0.1K units)
Exports of Garden or Similar Umbrellas in Egypt
In 2022, the amount of garden or similar umbrellases exported from Egypt surged to 453 units, jumping by 50% compared with 2021 figures. In general, exports, however, recorded a precipitous contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 1,572% against the previous year. Over the period under review, the exports reached the peak figure at 1.9K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, garden or similar umbrellas exports contracted remarkably to $6.7K in 2022. Over the period under review, exports, however, faced a dramatic descent. The most prominent rate of growth was recorded in 2021 with an increase of 2,390%. The exports peaked at $80K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Garden or Similar Umbrellas in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Libya | 17.5 | N/A | 1.4 | 6.7 | -27.4% |
| Greece | 4.1 | N/A | 0.9 | N/A | -53.1% |
| United Arab Emirates | 50.8 | 0.3 | 6.0 | N/A | -65.6% |
| South Africa | 0.2 | N/A | N/A | N/A | 0% |
| Saudi Arabia | 1.3 | N/A | 0.4 | N/A | -44.5% |
| Others | 5.9 | 0.1 | 1.4 | N/A | -51.3% |
| Total | 79.7 | 0.4 | 10.0 | 6.7 | -56.2% |
Top Export Markets for Garden or Similar Umbrellas from Egypt in 2022:
- Libya (453.0 units)
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