Price for Garden or Similar Umbrellas in Uruguay - 2022

Contents:

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

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

The average garden or similar umbrellas import price stood at $8 per unit in 2022, rising by 29% against the previous year. Overall, the import price, however, saw a pronounced decrease. The pace of growth appeared the most rapid in 2019 when the average import price increased by 31% against the previous year. Over the period under review, average import prices reached the maximum at $10 per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -0.9% per year.

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

In 2021, the average garden or similar umbrellas export price amounted to $23 per unit, reducing by -27.7% against the previous year. In general, the export price, however, enjoyed strong growth. The growth pace was the most rapid in 2020 when the average export price increased by 50%. Over the period under review, the average export prices hit record highs at $53 per unit in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($31 per unit), while the average price for exports to Costa Rica ($20 per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+10.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Garden or Similar Umbrellas in Uruguay

In 2022, after three years of growth, there was significant decline in supplies from abroad of garden or similar umbrellases, when their volume decreased by -23.5% to 108K units. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +10.0% 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 +33.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 38% against the previous year. As a result, imports reached the peak of 141K units, and then contracted remarkably in the following year.

In value terms, garden or similar umbrellas imports declined slightly to $855K in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +5.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.9% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 59%. As a result, imports attained the peak of $871K, and then declined in the following year.

Import of Garden or Similar Umbrellas in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6384797666902.6%
Others10269.410416517.4%
Total7395498718555.0%

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

  1. China (104.8K units)

Exports of Garden or Similar Umbrellas in Uruguay

In 2021, shipments abroad of garden or similar umbrellases decreased by -6.2% to 15 units for the first time since 2018, thus ending a two-year rising trend. The total export volume increased at an average annual rate of +7.4% over the period from 2019 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 23%. As a result, the exports reached the peak of 16 units, and then declined in the following year.

In value terms, garden or similar umbrellas exports shrank dramatically to $347 in 2021. Over the period under review, exports, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 84%. As a result, the exports reached the peak of $512, and then contracted significantly in the following year.

Export of Garden or Similar Umbrellas in Uruguay (USD)
COUNTRY201920202021CAGR,
2019-2021
GuatemalaN/A116237104.3%
Costa RicaN/AN/A79.00%
United StatesN/AN/A31.00%
SwitzerlandN/A384N/A0%
Trinidad and Tobago268N/AN/A0%
France10.0N/AN/A0%
OthersN/A12.0N/A0%
Total27851234711.7%

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

  1. Guatemala (10.0 units)
  2. Costa Rica (4.0 units)
  3. United States (1.0 units)
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