Price for Garden or Similar Umbrellas in Norway - 2023

Contents:

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

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

The average garden or similar umbrellas import price stood at $42 per unit in 2022, rising by 10% against the previous year. Over the period under review, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, garden or similar umbrellas import price increased by +90.9% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 46% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($112 per unit), while the price for China amounted to $36 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+28.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average garden or similar umbrellas export price amounted to $83 per unit, jumping by 87% against the previous year. In general, the export price posted a resilient increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 France ($233 per unit), while the average price for exports to Germany ($40 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 Denmark (+14.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Garden or Similar Umbrellas in Norway

In 2022, imports of garden or similar umbrellases into Norway fell to 168K units, waning by -10.9% against 2021 figures. The total import volume increased at an average annual rate of +1.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. As a result, imports reached the peak of 189K units, and then fell in the following year.

In value terms, garden or similar umbrellas imports fell to $7.1M in 2022. Over the period under review, imports, however, enjoyed significant growth. The growth pace was the most rapid in 2021 when imports increased by 64%. As a result, imports reached the peak of $7.3M, and then shrank modestly in the following year.

Import of Garden or Similar Umbrellas in Norway (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.83.86.05.726.7%
Others0.90.71.21.518.6%
Total3.64.47.37.125.4%

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

  1. China (155.7K units)

Exports of Garden or Similar Umbrellas in Norway

In 2022, after three years of growth, there was significant decline in shipments abroad of garden or similar umbrellases, when their volume decreased by -72.4% to 714 units. Overall, exports, however, posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 222% against the previous year. The exports peaked at 2.6K units in 2021, and then dropped rapidly in the following year.

In value terms, garden or similar umbrellas exports reduced markedly to $59K in 2022. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 105% against the previous year. The exports peaked at $115K in 2021, and then reduced sharply in the following year.

Export of Garden or Similar Umbrellas in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden22.414.454.426.05.1%
France0.2N/AN/A12.6297.9%
Netherlands0.30.69.112.3244.8%
Germany0.3N/A0.21.571.0%
Denmark2.428.636.21.3-18.5%
Poland2.34.25.00.2-55.7%
LithuaniaN/AN/A1.4N/A0%
Others0.49.98.35.4138.1%
Total28.257.711559.328.1%

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

  1. Sweden (443.0 units)
  2. Netherlands (148.0 units)
  3. France (54.0 units)
  4. Germany (36.0 units)
  5. Denmark (20.0 units)
  6. Poland (6.0 units)
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