Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Nigeria - 2023
Contents:
- Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Nigeria (CIF) - 2022
- Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Nigeria (FOB) - 2022
- Imports of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Nigeria
- Exports of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Nigeria
Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Nigeria (CIF) - 2022
In 2022, the average import price for umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s amounted to $5.5 per unit, dropping by -3.6% against the previous year. In general, the import price, however, posted significant growth. The pace of growth was the most pronounced in 2015 an increase of 90%. The import price peaked at $5.7 per unit in 2021, and then fell modestly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($5.7 per unit), while the price for the United States ($3.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+22.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Nigeria (FOB) - 2022
The average export price for umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s stood at $8.1 per unit in 2022, growing by 9% against the previous year. Over the period under review, the export price, however, faced a deep slump. The most prominent rate of growth was recorded in 2021 an increase of 85%. The export price peaked at $65 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($14 per unit), while the average price for exports to Burkina Faso ($3.9 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 Tanzania (+10.4%), 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 Nigeria
In 2022, after two years of decline, there was significant growth in purchases abroad of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s, when their volume increased by 18% to 364K units. In general, imports, however, continue to indicate a significant contraction. Imports peaked at 945K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s expanded sharply to $2M in 2022. Over the period under review, imports, however, continue to indicate a deep setback. Imports peaked at $3.8M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3,249 | 2,412 | 1,691 | 1,863 | -16.9% |
| Taiwan (Chinese) | N/A | 11.0 | 6.3 | 57.4 | 128.4% |
| United States | 63.9 | 71.1 | 3.0 | 34.1 | -18.9% |
| Hong Kong SAR | 224 | 30.3 | 0.1 | 0.9 | -84.1% |
| Others | 273 | 139 | 59.0 | 42.9 | -46.0% |
| Total | 3,809 | 2,662 | 1,760 | 1,998 | -19.4% |
Top Suppliers of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) to Nigeria in 2022:
- China (329.4K units)
- Taiwan (Chinese) (15.0K units)
- United States (10.9K units)
- Hong Kong SAR (0.2K units)
Exports of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Nigeria
In 2022, the amount of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s exported from Nigeria rose remarkably to 1.6K units, picking up by 11% compared with 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 28% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s skyrocketed to $13K in 2022. In general, exports recorded a buoyant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 136% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.2 | N/A | 1.3 | 5.0 | 60.9% |
| Rwanda | 0.4 | N/A | 0.1 | 2.4 | 81.7% |
| Benin | N/A | 0.9 | 6.5 | 2.1 | 52.8% |
| Cote d'Ivoire | 1.4 | 1.6 | 1.1 | 1.2 | -5.0% |
| United Arab Emirates | N/A | N/A | 0.9 | 0.9 | 0.0% |
| Niger | 1.0 | 0.6 | 0.5 | 0.3 | -33.1% |
| Burkina Faso | 0.8 | 0.2 | N/A | 0.2 | -37.0% |
| Ghana | 1.7 | N/A | N/A | N/A | 0% |
| Others | 1.8 | 1.3 | 0.5 | 0.9 | -20.6% |
| Total | 8.3 | 4.6 | 10.8 | 13.0 | 16.1% |
Top Export Markets for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) from Nigeria in 2022:
- Rwanda (533.0 units)
- United States (347.0 units)
- Benin (195.0 units)
- United Arab Emirates (176.0 units)
- Cote d'Ivoire (135.0 units)
- Burkina Faso (60.0 units)
- Niger (59.0 units)
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This report provides an in-depth analysis of the umbrella and walking-stick market in Nigeria.
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This report provides an in-depth analysis of the global umbrella and walking-stick market.
1356
This report provides an in-depth analysis of the global umbrella market.
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This report provides an in-depth analysis of the umbrella market in Nigeria.
688
This report provides an in-depth analysis of the umbrella and walking-stick market in Nigeria.
572
This report provides an in-depth analysis of the global umbrella market.
3475
This report provides an in-depth analysis of the global umbrella and walking-stick market.
1356
This report provides an in-depth analysis of the global umbrella market.
4158
In 2016, the umbrella market amounted to X units. Over the past two years, consumption increased slightly, after experiencing a mild downturn over the previous four year period. Previously, the market recovered with tangible growth, following the si
975
In 2016, the global imports of umbrella stood at X tons, import ,therefore, remained relatively stable against the previous year figure. Overall, umbrella imports continue to indicate a relatively ...
3887
In 2016, the global imports of umbrella stood at X tons, import ,therefore, remained relatively stable against the previous year figure. Overall, umbrella imports continue to indicate a relatively ...
4436
From 2007 to 2014, the global umbrella market showed mixed dynamics. A significant drop in 2008-2009 was followed by a sharp increase in 2010-2011, until the market plunged again by X% in 2012.
2256
China dominates in global umbrella production and trade. In 2013, China exported X% of its total umbrella output. Of this amount, X% was supplied to Japan, where Chinese umbrellas held the dominant share of total Japanese consumption and were part
4158
In 2016, the umbrella market amounted to X units. Over the past two years, consumption increased slightly, after experiencing a mild downturn over the previous four year period. Previously, the market recovered with tangible growth, following the si
975
In 2016, the global imports of umbrella stood at X tons, import ,therefore, remained relatively stable against the previous year figure. Overall, umbrella imports continue to indicate a relatively ...
3887
In 2016, the global imports of umbrella stood at X tons, import ,therefore, remained relatively stable against the previous year figure. Overall, umbrella imports continue to indicate a relatively ...
4436
From 2007 to 2014, the global umbrella market showed mixed dynamics. A significant drop in 2008-2009 was followed by a sharp increase in 2010-2011, until the market plunged again by X% in 2012.
2256
China dominates in global umbrella production and trade. In 2013, China exported X% of its total umbrella output. Of this amount, X% was supplied to Japan, where Chinese umbrellas held the dominant share of total Japanese consumption and were part
