Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Azerbaijan - 2023

Contents:

  1. Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Azerbaijan (CIF) - 2022
  2. Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Azerbaijan (FOB) - 2022
  3. Imports of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Azerbaijan
  4. Exports of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Azerbaijan

Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Azerbaijan (CIF) - 2022

The average import price for umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s stood at $1.8 per unit in 2022, reducing by -25% against the previous year. Overall, the import price recorded a precipitous shrinkage. The growth pace was the most rapid in 2013 when the average import price increased by 41% against the previous year. As a result, import price reached the peak level of $36 per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($89 per unit), while the price for China totaled $1 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+10.5%).

Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Azerbaijan (FOB) - 2022

The average export price for umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s stood at $18 per unit in 2022, picking up by 257% against the previous year. Overall, the export price saw strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($76 per unit), while the average price for exports to Russia ($2.4 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+53.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Azerbaijan

For the fourth consecutive year, Azerbaijan recorded growth in purchases abroad of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s, which increased by 74% to 595K units in 2022. In general, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s skyrocketed to $1M in 2022. Overall, imports posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 57% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China23825737560836.7%
Turkey21614227842124.9%
Others80.811214919.6-37.6%
Total5355128021,04925.2%

Top Suppliers of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) to Azerbaijan in 2022:

  1. China (589.0K units)
  2. Turkey (4.7K units)

Exports of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Azerbaijan

In 2022, overseas shipments of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s decreased by -26.7% to 11 units, falling for the second year in a row after two years of growth. In general, exports continue to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 295% against the previous year. As a result, the exports attained the peak of 154 units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s skyrocketed to $199 in 2022. Over the period under review, exports, however, showed a notable expansion. Over the period under review, the exports of attained the peak figure at $462 in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Export of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Azerbaijan (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A1520%
United Kingdom122N/AN/A20.0-45.3%
Russia2.0N/AN/A12.081.7%
TurkeyN/AN/A15.010.0-33.3%
Sri Lanka18.0N/AN/A5.0-34.8%
Spain12.0N/AN/AN/A0%
BelgiumN/A107N/AN/A0%
JordanN/A22525.0N/A-88.9%
Georgia30.0100N/AN/A233.3%
OthersN/A30.036.0N/A20.0%
Total18446276.01992.6%

Top Export Markets for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) from Azerbaijan in 2022:

  1. Russia (5.0 units)
  2. United States (2.0 units)
  3. Sri Lanka (2.0 units)
  4. Turkey (1.0 units)
  5. United Kingdom (1.0 units)
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