Price for Garden or Similar Umbrellas in Panama - 2023
Contents:
- Price for Garden or Similar Umbrellas in Panama (CIF) - 2022
- Price for Garden or Similar Umbrellas in Panama (FOB) - 2022
- Imports of Garden or Similar Umbrellas in Panama
- Exports of Garden or Similar Umbrellas in Panama
Price for Garden or Similar Umbrellas in Panama (CIF) - 2022
In 2022, the average garden or similar umbrellas import price amounted to $75 per unit, with an increase of 57% against the previous year. Over the period under review, the import price showed prominent growth. 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 2022, amid the top importers, the country with the highest price was Guatemala ($292 per unit), while the price for China ($49 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Garden or Similar Umbrellas in Panama (FOB) - 2022
The average garden or similar umbrellas export price stood at $13 per unit in 2022, remaining relatively unchanged against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 50% against the previous year. The export price peaked at $27 per unit in 2017; however, from 2018 to 2022, the export prices remained at a 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 Colombia ($60 per unit), while the average price for exports to Guyana ($1.2 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 Ecuador (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Garden or Similar Umbrellas in Panama
In 2022, overseas purchases of garden or similar umbrellases decreased by -84.1% to 1.6K units for the first time since 2018, thus ending a three-year rising trend. In general, imports faced a precipitous slump. The most prominent rate of growth was recorded in 2020 with an increase of 65%. Over the period under review, imports attained the peak figure at 10K units in 2021, and then contracted notably in the following year.
In value terms, garden or similar umbrellas imports contracted rapidly to $119K in 2022. Overall, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 85%. Imports peaked at $480K in 2021, and then dropped markedly in the following year.
| Import of Garden or Similar Umbrellas in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 89.9 | 160 | 235 | 68.0 | -8.9% |
| United States | 1.9 | 4.6 | 69.2 | 13.2 | 90.8% |
| Guatemala | 0.3 | 0.3 | 3.8 | 8.5 | 204.9% |
| Colombia | 1.0 | 43.6 | 15.2 | 5.7 | 78.6% |
| Others | 47.8 | 51.7 | 157 | 23.9 | -20.6% |
| Total | 141 | 261 | 480 | 119 | -5.5% |
Top Suppliers of Garden or Similar Umbrellas to Panama in 2022:
- China (1399.0 units)
- United States (88.0 units)
- Colombia (49.0 units)
- Guatemala (29.0 units)
Exports of Garden or Similar Umbrellas in Panama
In 2022, approx. 4.7K units of garden or similar umbrellases were exported from Panama; reducing by -30.3% compared with the year before. Over the period under review, exports, however, saw buoyant growth. The pace of growth appeared the most rapid in 2021 with an increase of 141% against the previous year. As a result, the exports reached the peak of 6.8K units, and then dropped rapidly in the following year.
In value terms, garden or similar umbrellas exports shrank markedly to $60K in 2022. In general, exports, however, enjoyed buoyant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 148%. As a result, the exports reached the peak of $86K, and then declined significantly in the following year.
| Export of Garden or Similar Umbrellas in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Suriname | 17.0 | 15.7 | 31.4 | 29.4 | 20.0% |
| Colombia | 8.8 | N/A | 3.8 | 4.0 | -23.1% |
| Dominican Republic | 0.5 | 0.8 | 18.1 | 3.2 | 85.7% |
| Jamaica | 2.8 | 0.4 | 3.1 | 2.2 | -7.7% |
| United States | 3.3 | 2.2 | 3.0 | 2.0 | -15.4% |
| Bahamas | 2.8 | 1.7 | 2.1 | 1.6 | -17.0% |
| Trinidad and Tobago | 0.8 | 0.1 | 2.0 | 1.5 | 23.3% |
| Costa Rica | 0.4 | 0.4 | 1.8 | 1.4 | 51.8% |
| Aruba | 3.6 | 0.5 | 0.1 | 1.4 | -27.0% |
| Saint Kitts and Nevis | 1.0 | 0.9 | 1.6 | 1.3 | 9.1% |
| Barbados | 0.2 | 0.8 | 0.9 | 1.3 | 86.6% |
| Guyana | 1.0 | 0.7 | 1.2 | 0.6 | -15.7% |
| Others | 8.1 | 10.4 | 17.0 | 10.4 | 8.7% |
| Total | 50.4 | 34.7 | 86.0 | 60.4 | 6.2% |
Top Export Markets for Garden or Similar Umbrellas from Panama in 2022:
- Suriname (2113.0 units)
- Guyana (477.0 units)
- Dominican Republic (350.0 units)
- Trinidad and Tobago (325.0 units)
- Barbados (238.0 units)
- Bahamas (211.0 units)
- Jamaica (161.0 units)
- United States (141.0 units)
- Aruba (103.0 units)
- Costa Rica (99.0 units)
- Saint Kitts and Nevis (96.0 units)
- Colombia (66.0 units)
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This report provides an in-depth analysis of the umbrella market in Panama.
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This report provides an in-depth analysis of the global umbrella market.
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This report provides an in-depth analysis of the global umbrella and walking-stick market.
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This report provides an in-depth analysis of the umbrella market in Panama.
151
This report provides an in-depth analysis of the umbrella and walking-stick market in Panama.
601
This report provides an in-depth analysis of the global umbrella market.
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This report provides an in-depth analysis of the global umbrella market.
3499
This report provides an in-depth analysis of the global umbrella and walking-stick market.
4232
In 2016, the umbrella market amounted to X units. Over the past two years, consumption increased slightly, after experiencing a mild downturn over the previous four year period. Previously, the market recovered with tangible growth, following the si
995
In 2016, the global imports of umbrella stood at X tons, import ,therefore, remained relatively stable against the previous year figure. Overall, umbrella imports continue to indicate a relatively ...
3963
In 2016, the global imports of umbrella stood at X tons, import ,therefore, remained relatively stable against the previous year figure. Overall, umbrella imports continue to indicate a relatively ...
4454
From 2007 to 2014, the global umbrella market showed mixed dynamics. A significant drop in 2008-2009 was followed by a sharp increase in 2010-2011, until the market plunged again by X% in 2012.
2293
China dominates in global umbrella production and trade. In 2013, China exported X% of its total umbrella output. Of this amount, X% was supplied to Japan, where Chinese umbrellas held the dominant share of total Japanese consumption and were part
4232
In 2016, the umbrella market amounted to X units. Over the past two years, consumption increased slightly, after experiencing a mild downturn over the previous four year period. Previously, the market recovered with tangible growth, following the si
995
In 2016, the global imports of umbrella stood at X tons, import ,therefore, remained relatively stable against the previous year figure. Overall, umbrella imports continue to indicate a relatively ...
3963
In 2016, the global imports of umbrella stood at X tons, import ,therefore, remained relatively stable against the previous year figure. Overall, umbrella imports continue to indicate a relatively ...
4454
From 2007 to 2014, the global umbrella market showed mixed dynamics. A significant drop in 2008-2009 was followed by a sharp increase in 2010-2011, until the market plunged again by X% in 2012.
2293
China dominates in global umbrella production and trade. In 2013, China exported X% of its total umbrella output. Of this amount, X% was supplied to Japan, where Chinese umbrellas held the dominant share of total Japanese consumption and were part
