Price for Garden or Similar Umbrellas in Serbia - 2023

Contents:

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

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

In 2022, the average garden or similar umbrellas import price amounted to $17 per unit, waning by -18.3% against the previous year. Overall, the import price saw a perceptible contraction. The pace of growth appeared the most rapid in 2016 an increase of 29%. The import price peaked at $26 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 Ukraine ($134 per unit), while the price for Turkey ($7.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+38.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average garden or similar umbrellas export price stood at $9.5 per unit in 2022, reducing by -59.8% against the previous year. Over the period under review, the export price showed a abrupt downturn. The pace of growth was the most pronounced in 2021 an increase of 54%. The export price peaked at $27 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Montenegro ($20 per unit), while the average price for exports to Croatia ($4.5 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 Bulgaria (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Garden or Similar Umbrellas in Serbia

Garden or similar umbrellas imports into Serbia soared to 141K units in 2022, picking up by 35% on 2021 figures. In general, imports saw resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by 66%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, garden or similar umbrellas imports stood at $2.4M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +10.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.8% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 44%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.

Import of Garden or Similar Umbrellas in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China46636376297828.0%
Bosnia and Herzegovina34029557571227.9%
Ukraine19878.762.729013.6%
Italy20.322.262.9244129.1%
Croatia12218167.61250.8%
Turkey25.111.56.423.1-2.7%
Bulgaria41.985.149.85.2-50.1%
Others54847559322.9-65.3%
Total1,7611,5122,1802,40010.9%

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

  1. China (116.8K units)
  2. Italy (9.7K units)
  3. Bosnia and Herzegovina (6.2K units)
  4. Turkey (3.3K units)
  5. Ukraine (2.2K units)
  6. Croatia (1.5K units)
  7. Bulgaria (0.3K units)

Exports of Garden or Similar Umbrellas in Serbia

In 2022, exports of garden or similar umbrellases from Serbia skyrocketed to 22K units, surging by 216% on the year before. Over the period under review, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, garden or similar umbrellas exports surged to $211K in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The exports peaked at $217K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Garden or Similar Umbrellas in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Montenegro73.839.321.112017.6%
Croatia2.61.80.747.8163.9%
Bosnia and Herzegovina20.23.44.318.4-3.1%
North Macedonia19.111.48.812.8-12.5%
Albania4.2N/AN/A3.8-3.3%
Slovenia2.81.90.93.57.7%
Bulgaria5.61.51.71.6-34.1%
Switzerland42.571.557.1N/A15.9%
Others46.045.071.63.5-57.6%
Total217176166211-0.9%

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

  1. Croatia (10.7K units)
  2. Montenegro (5.9K units)
  3. North Macedonia (2.4K units)
  4. Bosnia and Herzegovina (1.8K units)
  5. Albania (0.6K units)
  6. Slovenia (0.4K units)
  7. Bulgaria (0.2K units)
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