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

Contents:

  1. Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in China (FOB) - 2023
  2. Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in China (CIF) - 2022
  3. Exports of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in China
  4. Imports of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in China

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

The average export price for umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s stood at $3.5 per unit in December 2023, growing by 8.8% against the previous month. In general, the export price, however, showed a mild downturn. The most prominent rate of growth was recorded in November 2023 an increase of 21% m-o-m. The export price peaked at $4.6 per unit in February 2023; however, from March 2023 to December 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In December 2023, the country with the highest price was the United States ($6.6 per unit), while the average price for exports to Indonesia ($1.7 per unit) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (-0.2%), while the prices for the other major destinations experienced a decline.

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

The average import price for umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s stood at $8.3 per unit in 2022, reducing by -20.3% against the previous year. Overall, the import price saw a mild decline. The pace of growth was the most pronounced in 2020 an increase of 59% against the previous year. Over the period under review, average import prices hit record highs at $13 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 Italy ($65 per unit), while the price for Taiwan (Chinese) ($5.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+8.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the amount of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s exported from China soared to 798M units, picking up by 35% compared with the previous year. The total export volume increased at an average annual rate of +7.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s surged to $3.1B in 2022. The total export value increased at an average annual rate of +7.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States45840160362110.7%
South Korea11812716720119.4%
Japan206170159188-3.0%
Philippines13861.986.01799.1%
Germany1121151591356.4%
Brazil97.555.340.41000.8%
Netherlands75.460.288.286.74.8%
United Kingdom77.462.793.386.53.8%
Indonesia41.845.851.279.724.0%
Thailand79.370.558.377.5-0.8%
Mexico48.628.132.559.36.9%
Vietnam32.641.033.955.319.3%
India53.330.527.755.11.1%
Others9297618921,1377.0%
Total2,4672,0302,4913,0627.5%

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

  1. Brazil (79.7M units)
  2. Indonesia (71.6M units)
  3. United States (61.3M units)
  4. South Korea (54.0M units)
  5. Japan (52.3M units)
  6. Philippines (49.6M units)
  7. India (41.3M units)
  8. Mexico (35.2M units)
  9. Thailand (17.8M units)
  10. Germany (16.9M units)
  11. Vietnam (15.3M units)
  12. Netherlands (12.4M units)
  13. United Kingdom (11.2M units)

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

Imports of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s into China expanded rapidly to 806K units in 2022, with an increase of 5.8% on the previous year. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 12%. As a result, imports attained the peak of 895K units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s dropped sharply to $6.7M in 2022. Overall, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 78%. Imports peaked at $7.9M in 2021, and then dropped remarkably in the following year.

Import of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cambodia1,0891,9142,1632,65934.7%
Italy4791,0591,7191,06230.4%
Japan7921,560281758-1.5%
United Kingdom26845992948521.9%
Vietnam13256497038342.6%
South Korea32.939.612416872.2%
Taiwan (Chinese)60.617.610447.8-7.6%
Hong Kong SAR23.744.020333.812.6%
India1750.90.40.4-86.8%
Others6008561,4031,06120.9%
Total3,6526,5157,8976,65822.2%

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

  1. Cambodia (481.5K units)
  2. Japan (133.6K units)
  3. United Kingdom (74.3K units)
  4. South Korea (24.5K units)
  5. Italy (16.3K units)
  6. Vietnam (12.4K units)
  7. Taiwan (Chinese) (8.8K units)
  8. Hong Kong SAR (6.1K units)
  9. India (0.1K units)
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