Price for Garden or Similar Umbrellas in Finland - 2023

Contents:

  1. Price for Garden or Similar Umbrellas in Finland (CIF) - 2023
  2. Price for Garden or Similar Umbrellas in Finland (FOB) - 2022
  3. Imports of Garden or Similar Umbrellas in Finland
  4. Exports of Garden or Similar Umbrellas in Finland

Price for Garden or Similar Umbrellas in Finland (CIF) - 2023

The average garden or similar umbrellas import price stood at $136 per unit in August 2023, increasing by 268% against the previous month. Overall, the import price enjoyed a buoyant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Poland ($303 per unit), while the price for China ($11.2 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Poland (+17.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average garden or similar umbrellas export price amounted to $35 per unit, approximately equating the previous year. Over the period under review, the export price, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2013 an increase of 80% against the previous year. The export price peaked at $48 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($96 per unit), while the average price for exports to Estonia ($24 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 Latvia (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Garden or Similar Umbrellas in Finland

After three years of growth, overseas purchases of garden or similar umbrellases decreased by -4.1% to 124K units in 2022. The total import volume increased at an average annual rate of +12.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 21% against the previous year. As a result, imports reached the peak of 130K units, and then contracted modestly in the following year.

In value terms, garden or similar umbrellas imports rose significantly to $5M in 2022. In general, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 59% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Garden or Similar Umbrellas in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.72.33.83.931.9%
Poland0.20.20.30.535.7%
Sweden0.10.20.40.226.0%
Others0.30.20.30.410.1%
Total2.33.04.75.029.5%

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

  1. China (111.2K units)
  2. Sweden (8.5K units)
  3. Poland (1.5K units)

Exports of Garden or Similar Umbrellas in Finland

In 2022, garden or similar umbrellas exports from Finland soared to 6.7K units, growing by 35% compared with the previous year. Over the period under review, exports showed strong growth. The pace of growth appeared the most rapid in 2021 with an increase of 82% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, garden or similar umbrellas exports soared to $233K in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +13.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.5% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Garden or Similar Umbrellas in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia62.845.570.110619.1%
Sweden20.712.039.640.625.2%
Lithuania14.413.219.323.417.6%
Latvia12.314.111.410.5-5.1%
Norway1.813.45.15.746.8%
Denmark9.19.04.32.2-37.7%
Russia35.812.31.40.1-85.9%
Others1.111.223.044.5243.3%
Total15813117423313.8%

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

  1. Estonia (4336.0 units)
  2. Sweden (1524.0 units)
  3. Latvia (269.0 units)
  4. Lithuania (243.0 units)
  5. Norway (98.0 units)
  6. Denmark (35.0 units)
  7. Russia (2.0 units)
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