Price for Garden or Similar Umbrellas in Kenya - 2021

Contents:

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

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

The average garden or similar umbrellas import price stood at $56 per unit in 2022, surging by 2.3% against the previous year. Over the period under review, the import price enjoyed a significant expansion. The growth pace was the most rapid in 2019 an increase of 332%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($56 per unit), while the price for India stood at $3.3 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+30.6%).

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

The average garden or similar umbrellas export price stood at $10 per unit in 2022, shrinking by -30.5% against the previous year. In general, the export price saw a abrupt descent. The pace of growth appeared the most rapid in 2017 an increase of 30% against the previous year. Over the period under review, the average export prices attained the maximum at $31 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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 Uganda ($133 per unit), while the average price for exports to Ethiopia ($6.6 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 Uganda (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Garden or Similar Umbrellas in Kenya

Garden or similar umbrellas imports into Kenya shrank significantly to 24K units in 2022, reducing by -49.3% on the previous year. Overall, imports continue to indicate a sharp reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 1,895%. Imports peaked at 101K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, garden or similar umbrellas imports plummeted to $1.3M in 2022. In general, imports recorded a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 2,661% against the previous year. As a result, imports reached the peak of $2.6M, and then reduced remarkably in the following year.

Import of Garden or Similar Umbrellas in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,94753.62,0771,282-13.0%
Switzerland47.85.754.12.6-62.1%
India2.60.63.01.3-20.6%
Others34633.143143.6-49.9%
Total2,34492.92,5661,329-17.2%

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

  1. China (22.7K units)
  2. India (0.4K units)
  3. Switzerland (0.2K units)

Exports of Garden or Similar Umbrellas in Kenya

In 2022, approx. 3.2K units of garden or similar umbrellases were exported from Kenya; picking up by 75% compared with the previous year. Overall, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, garden or similar umbrellas exports surged to $33K in 2022. The total export value increased at an average annual rate of +5.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 38% against the previous year. As a result, the exports attained the peak of $39K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Garden or Similar Umbrellas in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Rwanda1.83.12.512.389.8%
Mozambique8.015.79.68.00.0%
Democratic Republic of the Congo11.00.32.33.7-30.5%
South Sudan1.80.93.42.917.2%
ZambiaN/A1.51.81.50.0%
Ethiopia0.7N/A1.61.322.9%
Tanzania2.812.70.60.9-31.5%
Somalia0.51.00.60.50.0%
Others1.63.94.92.07.7%
Total28.339.027.333.25.5%

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

  1. Rwanda (1821.0 units)
  2. Mozambique (485.0 units)
  3. Democratic Republic of the Congo (226.0 units)
  4. Ethiopia (200.0 units)
  5. Zambia (159.0 units)
  6. South Sudan (140.0 units)
  7. Tanzania (86.0 units)
  8. Somalia (48.0 units)
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