Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in the Philippines - 2023
Contents:
- Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in the Philippines (CIF) - 2022
- Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in the Philippines (FOB) - 2022
- Imports of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in the Philippines
- Exports of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in the Philippines
Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in the Philippines (CIF) - 2022
The average import price for umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s stood at $0.6 per unit in 2022, with a decrease of -35.5% against the previous year. Overall, the import price, however, saw a prominent expansion. The pace of growth appeared the most rapid in 2019 an increase of 70% against the previous year. As a result, import price reached the peak level of $1.2 per unit. From 2020 to 2022, the average import prices remained at a lower figure.
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 +10.1% per year.
Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in the Philippines (FOB) - 2022
The average export price for umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s stood at $1.9 per unit in 2022, reducing by -1.7% against the previous year. Over the period under review, the export price showed a abrupt slump. The pace of growth appeared the most rapid in 2017 when the average export price increased by 767%. As a result, the export price reached the peak level of $13 per unit. From 2018 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 the UK ($33 per unit), while the average price for exports to Hong Kong SAR ($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 the UK (+29.5%), 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 the Philippines
In 2022, approx. 23M units of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s were imported into the Philippines; picking up by 80% against the previous year. In general, imports enjoyed a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s surged to $14M in 2022. Overall, imports, however, showed a abrupt decline. Over the period under review, imports of attained the maximum at $22M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 21.3 | 10.5 | 11.9 | 13.9 | -13.3% |
| Japan | 0.4 | 0.3 | 0.3 | 0.2 | -20.6% |
| Others | 0.4 | 0.2 | 0.2 | 0.3 | -9.1% |
| Total | 22.1 | 11.0 | 12.4 | 14.4 | -13.3% |
Top Suppliers of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) to the Philippines in 2022:
- China (23.1M units)
- Japan (0.2M units)
Exports of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in the Philippines
After three years of growth, shipments abroad of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s decreased by -57.7% to 330K units in 2022. In general, exports saw a abrupt curtailment. The growth pace was the most rapid in 2021 when exports increased by 74%. As a result, the exports reached the peak of 781K units, and then dropped notably in the following year.
In value terms, exports of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s dropped notably to $632K in 2022. Overall, exports recorded a drastic downturn. The pace of growth was the most pronounced in 2021 when exports increased by 37%. As a result, the exports attained the peak of $1.5M, and then dropped rapidly in the following year.
| Export of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 990 | 1,067 | 1,444 | 621 | -14.4% |
| Hong Kong SAR | 50.8 | 12.5 | 8.7 | 0.2 | -84.2% |
| Others | 103 | 26.8 | 67.3 | 10.3 | -53.6% |
| Total | 1,144 | 1,106 | 1,520 | 632 | -17.9% |
Top Export Markets for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) from the Philippines in 2022:
- United States (328.7K units)
- Hong Kong SAR (0.1K units)
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This report provides an in-depth analysis of the umbrella and walking-stick market in the Philippines.
3491
This report provides an in-depth analysis of the global umbrella and walking-stick market.
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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 the Philippines.
1247
This report provides an in-depth analysis of the umbrella and walking-stick market in the Philippines.
595
This report provides an in-depth analysis of the global umbrella market.
3491
This report provides an in-depth analysis of the global umbrella and walking-stick market.
1437
This report provides an in-depth analysis of the global umbrella market.
4198
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
989
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 ...
3933
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 ...
4452
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.
2286
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
4198
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
989
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 ...
3933
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 ...
4452
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.
2286
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
