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

Contents:

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

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

In 2022, the average export price for umbrellas having a telescopic shaft (excluding garden umbrellas)s amounted to $5.1 per unit, falling by -9.9% against the previous year. In general, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.6% 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 +36.9% against 2017 indices. The growth pace was the most rapid in 2018 when the average export price increased by 20% against the previous year. Over the period under review, the average export prices reached the maximum at $5.7 per unit in 2021, and then reduced in the following year.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($5.1 per unit), while the average price for exports to South Korea amounted to $5.1 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for umbrellas having a telescopic shaft (excluding garden umbrellas)s stood at $2.9 per unit in 2022, declining by -1.9% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 26%. Over the period under review, average import prices reached the maximum at $3.1 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($2.9 per unit), while the price for Cambodia stood at $2.9 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+0.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, overseas shipments of umbrellas having a telescopic shaft (excluding garden umbrellas)s increased by 6.5% to 1.2M units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a sharp reduction. Over the period under review, the exports of attained the peak figure at 2.6M 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 shrank slightly to $6.3M in 2022. In general, exports, however, continue to indicate a sharp curtailment. The exports peaked at $13M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea12.38.75.75.2-24.9%
United States0.10.20.60.9108.0%
Others0.20.30.20.1-20.6%
Total12.69.26.56.3-20.6%

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

  1. South Korea (1026.5K units)
  2. United States (181.5K units)

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

Imports of umbrellas having a telescopic shaft (excluding garden umbrellas)s into Vietnam skyrocketed to 712K units in 2022, jumping by 112% against the previous year. Over the period under review, imports posted a slight expansion. 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 surged to $2.1M in 2022. In general, imports saw a pronounced 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 Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,6228388802,0227.6%
Cambodia76.712.898.665.5-5.1%
Thailand74.820.511.4N/A-61.0%
Others78.025.520.511.1-47.8%
Total1,8528971,0102,0994.3%

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

  1. China (686.2K units)
  2. Cambodia (22.2K units)
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