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

Contents:

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

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

The average import price for umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s stood at $0.9 per unit in 2022, falling by -46.5% against the previous year. In general, the import price saw a deep setback. The pace of growth appeared the most rapid in 2018 an increase of 99.9% against the previous year. Over the period under review, average import prices reached the maximum at $4.3 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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 India ($1.7 per unit), while the price for China totaled $0.9 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-10.0%).

Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Nepal (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, with an increase of 11% against the previous year. In general, the export price saw strong growth. The most prominent rate of growth was recorded in 2014 an increase of 230%. As a result, the export price reached the peak level of $9.4 per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($45 per unit), while the average price for exports to Cyprus ($1.5 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 France (+34.9%), 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 Nepal

In 2022, the amount of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s imported into Nepal skyrocketed to 3.9M units, with an increase of 123% compared with 2021 figures. Overall, imports showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 138% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, imports of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s skyrocketed to $3.6M in 2022. Over the period under review, total imports indicated modest growth from 2019 to 2022: its value increased at an average annual rate of +1.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 35% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Nepal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.32.22.83.52.0%
India0.10.10.20.10.0%
OthersN/AN/AN/AN/A0%
Total3.42.23.03.61.9%

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

  1. China (3.8M units)
  2. India (0.1M units)

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

In 2022, approx. 53 units of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s were exported from Nepal; shrinking by -36.9% against the previous year's figure. Overall, exports, however, posted strong growth. The pace of growth was the most pronounced in 2021 when exports increased by 236%. As a result, the exports attained the peak of 84 units, and then fell rapidly in the following year.

In value terms, exports of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s declined rapidly to $409 in 2022. Over the period under review, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 153% against the previous year. As a result, the exports attained the peak of $585, and then declined dramatically in the following year.

Export of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Nepal (USD)
COUNTRY2019202020212022CAGR,
2019-2022
FinlandN/AN/AN/A2770%
FranceN/AN/AN/A89.00%
United Arab EmiratesN/AN/AN/A18.00%
CanadaN/AN/AN/A17.00%
Thailand11011.0N/A5.0-64.3%
CyprusN/AN/AN/A3.00%
China14.028.0N/AN/A100.0%
AustriaN/AN/A128N/A0%
United StatesN/AN/A457N/A0%
SerbiaN/A188N/AN/A0%
South Africa96.0N/AN/AN/A0%
OthersN/A4.0N/AN/A0%
Total22023158540923.0%

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

  1. Finland (41.0 units)
  2. Canada (4.0 units)
  3. United Arab Emirates (3.0 units)
  4. France (2.0 units)
  5. Cyprus (2.0 units)
  6. Thailand (1.0 units)
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