Price for Garden or Similar Umbrellas in Sri Lanka - 2021
Contents:
- Price for Garden or Similar Umbrellas in Sri Lanka (FOB) - 2022
- Price for Garden or Similar Umbrellas in Sri Lanka (CIF) - 2022
- Exports of Garden or Similar Umbrellas in Sri Lanka
- Imports of Garden or Similar Umbrellas in Sri Lanka
Price for Garden or Similar Umbrellas in Sri Lanka (FOB) - 2022
The average garden or similar umbrellas export price stood at $71 per unit in 2022, increasing by 217% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The export price peaked at $78 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Maldives ($79 per unit), while the average price for exports to Guinea ($2.1 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 Maldives (+5.6%), while the prices for the other major destinations experienced a decline.
Price for Garden or Similar Umbrellas in Sri Lanka (CIF) - 2022
The average garden or similar umbrellas import price stood at $22 per unit in 2022, with an increase of 62% against the previous year. In general, the import price saw resilient 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 Australia ($64 per unit), while the price for China ($2.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Garden or Similar Umbrellas in Sri Lanka
In 2022, overseas shipments of garden or similar umbrellases decreased by -59.5% to 2.7K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, showed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 88% against the previous year. As a result, the exports reached the peak of 6.7K units, and then dropped markedly in the following year.
In value terms, garden or similar umbrellas exports soared to $191K in 2022. In general, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 78%. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Garden or Similar Umbrellas in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | 43.9 | 101 | 82.1 | 187 | 62.1% |
| Nepal | N/A | N/A | N/A | 2.3 | 0% |
| Guinea | 0.4 | 0.4 | 0.1 | 0.2 | -20.6% |
| United Kingdom | 1.3 | 1.3 | 1.2 | N/A | -3.9% |
| India | 1.1 | 1.1 | 1.1 | N/A | 0.0% |
| Taiwan (Chinese) | 14.2 | 14.9 | 14.9 | N/A | 2.4% |
| Others | 11.5 | 10.7 | 49.1 | 1.8 | -46.1% |
| Total | 72.5 | 129 | 149 | 191 | 38.1% |
Top Export Markets for Garden or Similar Umbrellas from Sri Lanka in 2022:
- Maldives (2347.0 units)
- Nepal (199.0 units)
- Guinea (81.0 units)
Imports of Garden or Similar Umbrellas in Sri Lanka
In 2022, supplies from abroad of garden or similar umbrellases decreased by -90.8% to 1.8K units, falling for the second year in a row after two years of growth. In general, imports faced a sharp setback. The growth pace was the most rapid in 2020 with an increase of 86%. As a result, imports reached the peak of 22K units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, garden or similar umbrellas imports shrank dramatically to $40K in 2022. Over the period under review, imports saw a sharp shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 133%. As a result, imports reached the peak of $276K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Garden or Similar Umbrellas in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | N/A | 0.1 | 0.6 | 34.6 | 1760.1% |
| Singapore | N/A | 0.2 | 0.3 | 2.3 | 239.1% |
| China | 34.7 | 53.6 | 17.3 | 1.3 | -66.5% |
| India | 1.0 | 1.2 | 3.4 | 0.7 | -11.2% |
| Hong Kong SAR | 0.1 | 0.2 | 0.2 | 0.3 | 44.2% |
| United Arab Emirates | 56.8 | 189 | 212 | 0.1 | -87.9% |
| Spain | 8.7 | N/A | N/A | N/A | 0% |
| Latvia | 1.9 | 5.2 | 4.9 | N/A | 60.6% |
| Others | 15.1 | 26.2 | 28.8 | 0.4 | -70.2% |
| Total | 118 | 276 | 268 | 39.8 | -30.4% |
Top Suppliers of Garden or Similar Umbrellas to Sri Lanka in 2022:
- China (588.0 units)
- Australia (539.0 units)
- Singapore (374.0 units)
- India (163.0 units)
- Hong Kong SAR (84.0 units)
- United Arab Emirates (3.0 units)
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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
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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 ...
3887
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 ...
4437
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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
