Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Canada - 2023

Contents:

  1. Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Canada (CIF) - 2023
  2. Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Canada (FOB) - 2022
  3. Imports of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Canada
  4. Exports of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Canada

Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Canada (CIF) - 2023

The average import price for umbrellas having a telescopic shaft (excluding garden umbrellas)s stood at $2.1 per unit in October 2023, picking up by 2.1% against the previous month. In general, the import price, however, recorded a perceptible setback. The pace of growth was the most pronounced in April 2023 when the average import price increased by 147% m-o-m. The import price peaked at $5.8 per unit in July 2023; however, from August 2023 to October 2023, 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 December 2022 to October 2023, the rate of growth in terms of prices for China amounted to -3.7% per month.

Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Canada (FOB) - 2022

The average export price for umbrellas having a telescopic shaft (excluding garden umbrellas)s stood at $5.1 per unit in 2022, dropping by -12.6% against the previous year. In general, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for umbrellas having a telescopic shaft (excluding garden umbrellas)s increased by +13.9% against 2018 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 31%. As a result, the export price reached the peak level of $5.8 per unit, and then contracted in the following year.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +4.7% per year.

Imports of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Canada

Imports of umbrellas having a telescopic shaft (excluding garden umbrellas)s into Canada skyrocketed to 3.7M units in 2022, picking up by 47% compared with the year before. Over the period under review, imports, however, continue to indicate a pronounced slump. Over the period under review, imports of reached the peak figure at 4M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of umbrellas having a telescopic shaft (excluding garden umbrellas)s skyrocketed to $14M in 2022. In general, imports posted a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9.56.37.013.311.9%
Others0.30.40.30.410.1%
Total9.86.77.313.711.8%

Top Suppliers of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) to Canada in 2022:

  1. China (3.6M units)

Exports of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Canada

For the fourth year in a row, Canada recorded growth in overseas shipments of umbrellas having a telescopic shaft (excluding garden umbrellas)s, which increased by 11% to 88K units in 2022. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 50% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, exports of umbrellas having a telescopic shaft (excluding garden umbrellas)s dropped to $448K in 2022. Overall, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 97% against the previous year. As a result, the exports reached the peak of $460K, and then declined modestly in the following year.

Export of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States14822640844043.8%
Others26.46.652.27.6-34.0%
Total17523346044836.8%

Top Export Markets for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) from Canada in 2022:

  1. United States (86.4K units)
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