Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Thailand - 2024

Contents:

  1. Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Thailand (CIF) - 2024
  2. Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Thailand (FOB) - 2022
  3. Imports of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Thailand
  4. Exports of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Thailand

Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Thailand (CIF) - 2024

The average import price for umbrellas having a telescopic shaft (excluding garden umbrellas)s stood at $1.8 per unit in November 2023, with an increase of 75% against the previous month. In general, the import price saw a relatively flat trend pattern. The import price peaked at $2.2 per unit in February 2023; however, from March 2023 to November 2023, import prices remained at a lower figure.

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

From January 2023 to November 2023, the rate of growth in terms of prices for China amounted to +0.9% per month.

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

The average export price for umbrellas having a telescopic shaft (excluding garden umbrellas)s stood at $5 per unit in 2022, jumping by 15% against the previous year. Overall, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.5% 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 +74.0% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by 51%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($8 per unit), while the average price for exports to Vietnam ($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 Maldives (+12.2%), 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 Thailand

In 2022, approx. 2.4M units of umbrellas having a telescopic shaft (excluding garden umbrellas)s were imported into Thailand; picking up by 21% against 2021 figures. Over the period under review, imports continue to indicate a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of umbrellas having a telescopic shaft (excluding garden umbrellas)s shrank to $3M in 2022. Overall, imports, however, faced a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. Over the period under review, imports of attained the maximum at $4.4M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.12.23.02.8-11.9%
Others0.30.20.10.2-12.6%
Total4.42.33.13.0-12.0%

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

  1. China (2.4M units)

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

For the third year in a row, Thailand recorded decline in shipments abroad of umbrellas having a telescopic shaft (excluding garden umbrellas)s, which decreased by -45.3% to 13K units in 2022. Over the period under review, exports faced a sharp downturn. The smallest decline of -2.9% was in 2021. The exports peaked at 35K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of umbrellas having a telescopic shaft (excluding garden umbrellas)s dropped dramatically to $66K in 2022. In general, exports continue to indicate a deep downturn. The growth pace was the most rapid in 2021 with an increase of 47% against the previous year. Over the period under review, the exports of reached the maximum at $119K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.20.2N/A14.4316.0%
Maldives1.0N/A2.413.4137.5%
Cambodia7.522.37.38.12.6%
Lao People's Democratic Republic3.04.811.88.038.7%
MyanmarN/A22.36.76.1-47.7%
Singapore2.82.81.14.819.7%
Hong Kong SAR0.7N/A1.62.144.2%
Malaysia16.10.1N/A0.9-61.8%
Japan23.1N/A54.2N/A53.2%
Vietnam49.98.711.8N/A-51.4%
Others14.39.76.97.7-18.6%
Total11970.910465.5-18.0%

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

  1. Cambodia (3.1K units)
  2. Maldives (2.3K units)
  3. China (1.8K units)
  4. Myanmar (1.6K units)
  5. Lao People's Democratic Republic (1.2K units)
  6. Singapore (0.7K units)
  7. Hong Kong SAR (0.5K units)
  8. Malaysia (0.2K units)
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