Price for Garden or Similar Umbrellas in Ethiopia - 2022

Contents:

  1. Price for Garden or Similar Umbrellas in Ethiopia (CIF) - 2022
  2. Price for Garden or Similar Umbrellas in Ethiopia (FOB) - 2022
  3. Imports of Garden or Similar Umbrellas in Ethiopia
  4. Exports of Garden or Similar Umbrellas in Ethiopia

Price for Garden or Similar Umbrellas in Ethiopia (CIF) - 2022

The average garden or similar umbrellas import price stood at $452 per unit in 2022, with an increase of 204% against the previous year. In general, the import price saw prominent growth. The growth pace was the most rapid in 2020 when the average import price increased by 358% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($487 per unit), while the price for Kenya ($4.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+21.4%), while the prices for the other major suppliers experienced a decline.

Price for Garden or Similar Umbrellas in Ethiopia (FOB) - 2022

The average garden or similar umbrellas export price stood at $97 per unit in 2022, waning by -5.3% against the previous year. Over the period under review, the export price, however, saw a resilient increase. The pace of growth was the most pronounced in 2019 when the average export price increased by 335%. As a result, the export price attained the peak level of $159 per unit. From 2020 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($96 per unit), while the average price for exports to Japan ($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 Bahrain (+100.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Garden or Similar Umbrellas in Ethiopia

In 2022, garden or similar umbrellas imports into Ethiopia soared to 4.1K units, jumping by 188% compared with the previous year. In general, imports posted a buoyant 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 $1.8M in 2022. Overall, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Garden or Similar Umbrellas in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1101582001,780152.9%
PolandN/A0.5N/A19.6526.1%
Kenya2.7N/A5.10.4-47.1%
Croatia13.7N/AN/AN/A0%
Germany22.7N/AN/AN/A0%
Others19.036.26.244.532.8%
Total1681942111,845122.3%

Top Suppliers of Garden or Similar Umbrellas to Ethiopia in 2022:

  1. China (3655.0 units)
  2. Poland (109.0 units)
  3. Kenya (97.0 units)
  4. Germany (2.0 units)

Exports of Garden or Similar Umbrellas in Ethiopia

For the fourth consecutive year, Ethiopia recorded growth in overseas shipments of garden or similar umbrellases, which increased by 81% to 47 units in 2022. In general, exports posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 86% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, garden or similar umbrellas exports soared to $4.5K in 2022. Overall, exports posted a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 94% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Garden or Similar Umbrellas in Ethiopia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/A13481.01,820268.5%
Belgium10.0N/AN/A316216.2%
Cote d'IvoireN/AN/A1,072258-75.9%
MoroccoN/AN/AN/A78.00%
Kenya10610613152.0-21.1%
Italy78.0135N/A43.0-18.0%
TurkeyN/AN/AN/A41.00%
South AfricaN/AN/AN/A41.00%
JapanN/AN/AN/A3.00%
ArgentinaN/AN/A643N/A0%
United StatesN/AN/A225N/A0%
France15246.0N/AN/A-69.7%
TanzaniaN/A595N/AN/A0%
Others9293495001,88726.6%
Total1,2751,3652,6524,53952.7%

Top Export Markets for Garden or Similar Umbrellas from Ethiopia in 2022:

  1. Germany (19.0 units)
  2. Belgium (15.0 units)
  3. Cote d'Ivoire (4.0 units)
  4. Turkey (2.0 units)
  5. Morocco (2.0 units)
  6. Italy (1.0 units)
  7. South Africa (1.0 units)
  8. Japan (1.0 units)
  9. Kenya (1.0 units)
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