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

Contents:

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

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

The average import price for umbrellas having a telescopic shaft (excluding garden umbrellas)s stood at $889 per thousand units in October 2023, rising by 43% against the previous month. In general, import price indicated a resilient increase from December 2022 to October 2023: its price increased at an average monthly rate of +7.6% over the last ten months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for umbrellas having a telescopic shaft (excluding garden umbrellas)s increased by +88.6% against June 2023 indices. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 78% m-o-m. The import price peaked in October 2023.

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 +7.6% per month.

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

The average export price for umbrellas having a telescopic shaft (excluding garden umbrellas)s stood at $71 per unit in 2022, with an increase of 82% against the previous year. Over the period under review, the export price enjoyed significant growth. The most prominent rate of growth was recorded in 2021 an increase of 774% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($73 per unit), while the average price for exports to Cuba totaled $3.7 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+36.9%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the amount of umbrellas having a telescopic shaft (excluding garden umbrellas)s imported into Mexico reduced to 3.9M units, waning by -5.2% against the previous year's figure. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +5.5% 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 +49.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 58%. As a result, imports attained the peak of 4.1M units, and then declined in the following year.

In value terms, imports of umbrellas having a telescopic shaft (excluding garden umbrellas)s reached $7M in 2022. In general, imports continue to indicate a deep downturn. Over the period under review, imports of hit record highs at $8.3M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8.16.66.86.9-5.2%
Others0.20.20.10.1-20.6%
Total8.36.86.97.0-5.5%

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

  1. China (3.9M units)

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

In 2022, approx. 6.4K units of umbrellas having a telescopic shaft (excluding garden umbrellas)s were exported from Mexico; reducing by -5.6% compared with the previous year's figure. In general, exports showed a dramatic decline. The exports peaked at 22K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of umbrellas having a telescopic shaft (excluding garden umbrellas)s soared to $450K in 2022. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 458% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Export of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States84.747.026245074.5%
Cuba6.6N/AN/A0.9-48.5%
Others0.4N/AN/AN/A0%
Total91.747.026245069.9%

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

  1. United States (6.1K units)
  2. Cuba (0.2K units)
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