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

Contents:

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

Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Singapore (CIF) - 2022

The average import price for umbrellas having a telescopic shaft (excluding garden umbrellas)s stood at $2.8 per unit in 2022, which is down by -4.7% against the previous year. Over the period under review, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for umbrellas having a telescopic shaft (excluding garden umbrellas)s increased by +62.7% against 2015 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 28%. The import price peaked at $2.9 per unit in 2021, and then contracted in the following year.

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 Cambodia ($6.3 per unit), while the price for China ($2.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for umbrellas having a telescopic shaft (excluding garden umbrellas)s amounted to $7.3 per unit, declining by -3.2% against the previous year. In general, the export price, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 61%. The export price peaked at $7.8 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($24 per unit), while the average price for exports to Indonesia ($3.1 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 Australia (+16.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

After two years of decline, overseas purchases of umbrellas having a telescopic shaft (excluding garden umbrellas)s increased by 50% to 984K units in 2022. Overall, imports, however, showed a drastic downturn. Imports peaked at 1.4M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of umbrellas having a telescopic shaft (excluding garden umbrellas)s surged to $2.8M in 2022. Over the period under review, imports, however, saw a pronounced slump. Over the period under review, imports of reached the maximum at $3.1M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,8091,6101,6632,225-7.5%
Cambodia97.346.689.420027.1%
Japan50.729.112.415545.1%
Malaysia27.940.146.026.8-1.3%
Others79.658.012315725.4%
Total3,0651,7841,9342,764-3.4%

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

  1. China (894.2K units)
  2. Cambodia (31.8K units)
  3. Japan (27.6K units)
  4. Malaysia (10.4K units)

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

In 2022, exports of umbrellas having a telescopic shaft (excluding garden umbrellas)s from Singapore skyrocketed to 47K units, surging by 18% on the year before. Overall, exports, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 78%. Over the period under review, the exports of attained the maximum at 65K 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 rose notably to $341K in 2022. Over the period under review, exports showed a prominent expansion. The growth pace was the most rapid in 2021 with an increase of 187% 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 Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia8.62.4190170170.4%
Hong Kong SAR30.921.333.980.337.5%
Malaysia26.57.616.226.50.0%
Indonesia37.014.96.923.6-13.9%
Taiwan (Chinese)10.90.84.511.82.7%
Brunei Darussalam4.33.78.44.51.5%
United Kingdom27.60.4N/A3.6-49.3%
Philippines61.80.328.33.1-63.1%
Japan35.342.2N/A0.9-70.6%
Others35.710.911.516.6-22.5%
Total2791053003416.9%

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

  1. Hong Kong SAR (20.1K units)
  2. Indonesia (7.6K units)
  3. Australia (7.2K units)
  4. Malaysia (5.4K units)
  5. Taiwan (Chinese) (3.6K units)
  6. Brunei Darussalam (0.8K units)
  7. Philippines (0.5K units)
  8. Japan (0.2K units)
  9. United Kingdom (0.1K units)
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