Price for Garden or Similar Umbrellas in Estonia - 2023
Contents:
- Price for Garden or Similar Umbrellas in Estonia (CIF) - 2022
- Price for Garden or Similar Umbrellas in Estonia (FOB) - 2022
- Imports of Garden or Similar Umbrellas in Estonia
- Exports of Garden or Similar Umbrellas in Estonia
Price for Garden or Similar Umbrellas in Estonia (CIF) - 2022
The average garden or similar umbrellas import price stood at $37 per unit in 2022, increasing by 21% against the previous year. In general, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +9.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, garden or similar umbrellas import price increased by +37.6% against 2020 indices. The pace of growth appeared the most rapid in 2013 when the average import price increased by 143%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($37 per unit), while the price for Finland ($23 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Garden or Similar Umbrellas in Estonia (FOB) - 2022
In 2022, the average garden or similar umbrellas export price amounted to $56 per unit, waning by -32.7% against the previous year. Overall, the export price saw a noticeable contraction. The most prominent rate of growth was recorded in 2017 an increase of 68%. As a result, the export price reached the peak level of $111 per unit. From 2018 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($122 per unit), while the average price for exports to Poland ($10 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 Russia (+0.3%), while the prices for the other major destinations experienced a decline.
Imports of Garden or Similar Umbrellas in Estonia
In 2022, approx. 18K units of garden or similar umbrellases were imported into Estonia; with an increase of 12% on 2021. The total import volume increased at an average annual rate of +13.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 26%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.
In value terms, garden or similar umbrellas imports soared to $652K in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.1% 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 +73.4% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Garden or Similar Umbrellas in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 333 | 307 | 368 | 507 | 15.0% |
| Netherlands | 15.1 | 10.3 | 20.4 | 35.8 | 33.3% |
| Finland | 8.2 | 16.2 | 18.4 | 31.9 | 57.3% |
| Thailand | N/A | 15.3 | 15.1 | 29.8 | 39.6% |
| Latvia | N/A | N/A | 0.7 | 9.3 | 1228.6% |
| Others | 19.3 | 57.0 | 56.3 | 38.6 | 26.0% |
| Total | 376 | 406 | 479 | 652 | 20.1% |
Top Suppliers of Garden or Similar Umbrellas to Estonia in 2022:
- China (13.5K units)
- Netherlands (1.4K units)
- Finland (1.4K units)
- Thailand (0.9K units)
- Latvia (0.4K units)
Exports of Garden or Similar Umbrellas in Estonia
In 2022, exports of garden or similar umbrellases from Estonia skyrocketed to 969 units, growing by 23% compared with 2021 figures. Over the period under review, exports, however, faced a deep contraction. Over the period under review, the exports reached the maximum at 1.4K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, garden or similar umbrellas exports contracted markedly to $55K in 2022. In general, exports, however, showed a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 38%. Over the period under review, the exports hit record highs at $69K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Garden or Similar Umbrellas in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | N/A | N/A | 3.0 | 14.0 | 366.7% |
| United Kingdom | N/A | N/A | 1.1 | 12.5 | 1036.4% |
| Russia | 19.1 | 10.6 | 6.0 | 7.8 | -25.8% |
| Latvia | 8.1 | 11.6 | 23.9 | 5.5 | -12.1% |
| Italy | N/A | N/A | 3.5 | 2.6 | -25.7% |
| Belgium | N/A | N/A | N/A | 2.4 | 0% |
| Luxembourg | N/A | N/A | N/A | 1.8 | 0% |
| Austria | N/A | N/A | 0.3 | 1.4 | 366.7% |
| France | N/A | N/A | 1.2 | 0.6 | -50.0% |
| United States | N/A | 0.3 | 1.5 | 0.5 | 29.1% |
| Finland | 3.2 | 13.3 | 9.0 | 0.3 | -54.6% |
| Poland | N/A | N/A | N/A | 0.2 | 0% |
| Sweden | 32.1 | 3.0 | 0.3 | N/A | -90.3% |
| Others | 6.1 | 9.2 | 16.5 | 5.0 | -6.4% |
| Total | 68.6 | 47.9 | 66.2 | 54.7 | -7.3% |
Top Export Markets for Garden or Similar Umbrellas from Estonia in 2022:
- United Kingdom (315.0 units)
- Spain (177.0 units)
- Russia (108.0 units)
- Austria (69.0 units)
- Latvia (45.0 units)
- Italy (33.0 units)
- Luxembourg (31.0 units)
- United States (30.0 units)
- Belgium (23.0 units)
- Poland (20.0 units)
- France (17.0 units)
- Finland (5.0 units)
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This report provides an in-depth analysis of the umbrella market in Estonia.
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