Price for Garden or Similar Umbrellas in Thailand - 2023

Contents:

  1. Price for Garden or Similar Umbrellas in Thailand (CIF) - 2023
  2. Price for Garden or Similar Umbrellas in Thailand (FOB) - 2022
  3. Imports of Garden or Similar Umbrellas in Thailand
  4. Exports of Garden or Similar Umbrellas in Thailand

Price for Garden or Similar Umbrellas in Thailand (CIF) - 2023

The average garden or similar umbrellas import price stood at $11.6 per unit in September 2023, rising by 116% against the previous month. Overall, the import price saw noticeable growth. The most prominent rate of growth was recorded in November 2022 an increase of 261% m-o-m. The import price peaked at $18.5 per unit in January 2023; however, from February 2023 to September 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Hong Kong SAR ($14.5 per unit), while the price for Japan ($722 per thousand units) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+26.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average garden or similar umbrellas export price stood at $18 per unit in 2022, increasing by 20% against the previous year. Overall, the export price, however, showed a slight descent. The pace of growth was the most pronounced in 2021 when the average export price increased by 83% against the previous year. Over the period under review, the average export prices hit record highs at $20 per unit in 2012; however, from 2013 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 Belgium ($85 per unit), while the average price for exports to Lao People's Democratic Republic ($2.2 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 Myanmar (+19.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Garden or Similar Umbrellas in Thailand

In 2022, supplies from abroad of garden or similar umbrellases decreased by -14.3% to 450K units, falling for the second year in a row after two years of growth. In general, imports recorded a abrupt descent. The growth pace was the most rapid in 2020 when imports increased by 7.4% against the previous year. As a result, imports attained the peak of 649K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, garden or similar umbrellas imports skyrocketed to $2.1M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +8.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Garden or Similar Umbrellas in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,5001,6401,2551,9188.5%
Japan37.240.431.328.2-8.8%
Others84.038.147.61057.7%
Total1,6211,7181,3342,0518.2%

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

  1. China (417.6K units)
  2. Japan (28.3K units)

Exports of Garden or Similar Umbrellas in Thailand

Garden or similar umbrellas exports from Thailand surged to 109K units in 2022, increasing by 106% on the previous year. Over the period under review, exports showed a tangible increase. Over the period under review, the exports attained the peak figure at 150K units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, garden or similar umbrellas exports skyrocketed to $2M in 2022. In general, exports showed prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Garden or Similar Umbrellas in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium5296454961,47240.7%
Cambodia18.643.510.313995.5%
United States21142.651.6109-19.8%
Saudi Arabia11617776.886.0-9.5%
United Arab Emirates31.89.24.633.21.4%
Lao People's Democratic Republic39.021.225.431.4-7.0%
Myanmar3.955.228.230.297.8%
Maldives24.010.73.212.5-19.5%
Others26422795.744.8-44.6%
Total1,2371,2317921,95816.5%

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

  1. Cambodia (35.6K units)
  2. Belgium (17.3K units)
  3. Lao People's Democratic Republic (13.9K units)
  4. Myanmar (11.2K units)
  5. United Arab Emirates (8.0K units)
  6. United States (7.5K units)
  7. Maldives (4.5K units)
  8. Saudi Arabia (3.0K units)
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