Price for Garden or Similar Umbrellas in Myanmar - 2022

Contents:

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

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

In 2022, the average garden or similar umbrellas export price amounted to $2.5 per unit, waning by -8.1% against the previous year. In general, the export price faced a precipitous curtailment. The most prominent rate of growth was recorded in 2013 an increase of 16%. The export price peaked at $32 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat 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 South Korea ($2.8 per unit), while the average price for exports to Taiwan (Chinese) ($1.8 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 Taiwan (Chinese) (-19.1%).

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

In 2022, the average garden or similar umbrellas import price amounted to $11 per unit, falling by -1.7% against the previous year. Over the period under review, the import price saw a perceptible decline. The pace of growth appeared the most rapid in 2020 an increase of 115% against the previous year. The import price peaked at $23 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($27 per unit), while the price for China totaled $8.8 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (-6.4%).

Exports of Garden or Similar Umbrellas in Myanmar

In 2022, after three years of growth, there was significant decline in overseas shipments of garden or similar umbrellases, when their volume decreased by -41.4% to 91K units. Overall, exports saw a deep slump. The pace of growth was the most pronounced in 2020 when exports increased by 25% against the previous year. Over the period under review, the exports attained the maximum at 155K units in 2021, and then contracted rapidly in the following year.

In value terms, garden or similar umbrellas exports dropped markedly to $226K in 2022. Over the period under review, exports showed a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 27% against the previous year. Over the period under review, the exports reached the peak figure at $420K in 2021, and then shrank notably in the following year.

Export of Garden or Similar Umbrellas in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea235125283148-14.3%
JapanN/AN/AN/A42.60%
Taiwan (Chinese)76.028211035.6-22.3%
Others12.02.727.4N/A51.1%
Total323411420226-11.2%

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

  1. South Korea (53.3K units)
  2. Taiwan (Chinese) (19.5K units)
  3. Japan (17.9K units)

Imports of Garden or Similar Umbrellas in Myanmar

In 2022, after two years of decline, there was significant growth in purchases abroad of garden or similar umbrellases, when their volume increased by 858% to 29K units. Overall, imports, however, recorded a sharp reduction. Imports peaked at 84K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, garden or similar umbrellas imports surged to $320K in 2022. Over the period under review, imports, however, showed a sharp setback. Over the period under review, imports reached the maximum at $714K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Garden or Similar Umbrellas in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China67514227.6228-30.4%
Thailand3.83.42.491.6188.9%
Poland21.125.5N/AN/A20.9%
Others14.43.74.00.1-80.9%
Total71417534.0320-23.5%

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

  1. China (26.0K units)
  2. Thailand (3.4K units)
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