Price for Garden or Similar Umbrellas in Lithuania - 2023

Contents:

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

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

The average garden or similar umbrellas import price stood at $27 per unit in 2022, reducing by -23.5% against the previous year. Over the period under review, the import price, however, posted resilient growth. The growth pace was the most rapid in 2018 an increase of 91% against the previous year. Over the period under review, average import prices reached the peak figure at $35 per unit in 2021, and then dropped markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($123 per unit), while the price for Germany ($12 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average garden or similar umbrellas export price stood at $22 per unit in 2022, waning by -47.8% against the previous year. Overall, the export price saw a noticeable setback. The pace of growth appeared the most rapid in 2020 when the average export price increased by 91%. Over the period under review, the average export prices reached the maximum at $42 per unit in 2021, and then shrank significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($327 per unit), while the average price for exports to Latvia ($7.6 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 Switzerland (+27.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Garden or Similar Umbrellas in Lithuania

In 2022, the amount of garden or similar umbrellases imported into Lithuania reached 70K units, with an increase of 9.7% against the year before. The total import volume increased at an average annual rate of +3.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 23%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, garden or similar umbrellas imports declined markedly to $1.9M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +16.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 66%. As a result, imports reached the peak of $2.2M, and then shrank remarkably in the following year.

Import of Garden or Similar Umbrellas in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China38833859581928.3%
Poland4754406585122.5%
Latvia177130148174-0.6%
Germany27.925.556.996.851.4%
Netherlands4.822037214.243.6%
Italy20.97.637.110.2-21.3%
Others88.816834122636.5%
Total1,1831,3292,2081,85316.1%

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

  1. China (45.1K units)
  2. Latvia (9.9K units)
  3. Germany (8.0K units)
  4. Poland (4.2K units)
  5. Italy (0.6K units)
  6. Netherlands (0.5K units)

Exports of Garden or Similar Umbrellas in Lithuania

In 2022, exports of garden or similar umbrellases from Lithuania contracted significantly to 9.6K units, falling by -31.6% compared with 2021. Overall, exports faced a sharp descent. The smallest decline of -13.8% was in 2021. Over the period under review, the exports attained the peak figure at 26K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, garden or similar umbrellas exports plummeted to $210K in 2022. Over the period under review, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 50% against the previous year. As a result, the exports attained the peak of $588K, and then shrank notably in the following year.

Export of Garden or Similar Umbrellas in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KazakhstanN/AN/A0.755.07757.1%
Latvia67.834.879.453.1-7.8%
Russia59.924137636.4-15.3%
Estonia59.024.626.914.5-37.4%
Belarus45.234.316.87.2-45.8%
Switzerland64.5N/AN/A0.6-79.0%
Bulgaria7.08.0N/AN/A14.3%
Spain26.55.8N/AN/A-78.1%
Others0.142.088.843.1655.4%
Total330391588210-14.0%

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

  1. Switzerland (undefinedK units)
  2. Latvia (7.0K units)
  3. Estonia (1.5K units)
  4. Kazakhstan (0.5K units)
  5. Belarus (0.2K units)
  6. Russia (0.1K units)
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