Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in South Africa - 2024

Contents:

  1. Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in South Africa (CIF) - 2024
  2. Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in South Africa (FOB) - 2022
  3. Imports of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in South Africa
  4. Exports of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in South Africa

Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in South Africa (CIF) - 2024

The average import price for umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s stood at $319 per thousand units in January 2024, rising by 60% against the previous month. Over the period under review, the import price, however, saw a slight slump. The growth pace was the most rapid in March 2023 when the average import price increased by 69% month-to-month. As a result, import price reached the peak level of $0.8 per unit. From April 2023 to January 2024, the average import prices failed to regain momentum.

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

From January 2023 to January 2024, the rate of growth in terms of prices for China amounted to -1.3% per month.

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

In 2022, the average export price for umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s amounted to $10 per unit, approximately mirroring the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 40%. Over the period under review, the average export prices hit record highs at $14 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mozambique ($34 per unit), while the average price for exports to Swaziland ($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 Zambia (+9.8%), 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 South Africa

In 2022, after two years of decline, there was significant growth in supplies from abroad of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s, when their volume increased by 31% to 15M units. In general, imports, however, saw a noticeable downturn. Imports peaked at 16M 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 reached $7.6M in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 34%. Over the period under review, imports of reached the peak figure at $7.7M 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 South Africa (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.45.06.77.3-0.5%
Others0.30.20.20.30.0%
Total7.75.26.97.6-0.4%

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

  1. China (14.4M units)

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

In 2022, approx. 598K units of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s were exported from South Africa; with an increase of 11% on the previous year. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +11.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +77.6% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 60% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s expanded remarkably to $6.2M in 2022. The total export value increased at an average annual rate of +4.5% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 18%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mozambique1,4661,2491,071939-13.8%
Zambia33646771056118.6%
Namibia3952274614706.0%
Lesotho19011622438927.0%
Swaziland17317925734125.4%
Botswana388238299328-5.4%
Ghana18.610.3150222128.5%
Others2,4562,2032,3692,9456.2%
Total5,4234,6895,5416,1964.5%

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

  1. Swaziland (233.5K units)
  2. Lesotho (83.8K units)
  3. Namibia (66.3K units)
  4. Botswana (52.3K units)
  5. Zambia (42.5K units)
  6. Mozambique (27.5K units)
  7. Ghana (23.5K units)
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