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

Contents:

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

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

In 2022, the average import price for umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s amounted to $4.8 per unit, surging by 94% against the previous year. In general, the import price saw resilient growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +17.0% per year.

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

In 2022, the average export price for umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s amounted to $7.7 per unit, growing by 11% against the previous year. Overall, the export price, however, continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2013 when the average export price increased by 1,417% against the previous year. As a result, the export price attained the peak level of $445 per unit. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($16 per unit), while the average price for exports to Panama ($5 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 Peru (+36.1%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, approx. 809K units of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s were imported into Ecuador; dropping by -17.5% on 2021. In general, imports faced a sharp slump. Over the period under review, imports of attained the peak figure at 2.5M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s surged to $3.9M in 2022. Over the period under review, imports, however, continue to indicate resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Ecuador (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.11.72.43.76.1%
Others0.1N/A0.10.226.0%
Total3.21.82.43.96.8%

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

  1. China (796.3K units)

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

In 2022, overseas shipments of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s decreased by -56% to 129 units, falling for the second year in a row after two years of growth. Overall, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 822% against the previous year. As a result, the exports reached the peak of 295 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 dropped markedly to $992 in 2022. Over the period under review, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 886%. The exports peaked at $2K in 2021, and then contracted significantly in the following year.

Export of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Ecuador (USD)
COUNTRY2019202020212022CAGR,
2019-2022
PeruN/AN/AN/A4000%
CubaN/AN/AN/A3900%
GuatemalaN/AN/A1,518185-87.8%
Cayman IslandsN/AN/AN/A12.00%
PanamaN/A1002005.0-77.6%
Colombia196N/AN/AN/A0%
Costa RicaN/A365308N/A-15.6%
ChileN/A1,468N/AN/A0%
OthersN/AN/AN/AN/A0%
Total1961,9332,02699271.7%

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

  1. Cuba (68.0 units)
  2. Guatemala (33.0 units)
  3. Peru (25.0 units)
  4. Cayman Islands (2.0 units)
  5. Panama (1.0 units)
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