Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in the UK - 2023

Contents:

  1. Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in the UK (CIF) - 2023
  2. Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in the UK (FOB) - 2022
  3. Imports of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in the UK
  4. Exports of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in the UK

Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in the UK (CIF) - 2023

The average import price for umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s stood at $3.7 per unit in December 2023, declining by -2.5% against the previous month. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in February 2023 when the average import price increased by 58% m-o-m. As a result, import price reached the peak level of $8.5 per unit. From March 2023 to December 2023, 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 December 2022 to December 2023, the rate of growth in terms of prices for China amounted to +0.1% per month.

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

The average export price for umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s stood at $14 per unit in 2022, surging by 5.1% against the previous year. In general, the export price posted a resilient increase. The most prominent rate of growth was recorded in 2021 an increase of 66%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($37 per unit), while the average price for exports to Spain ($5.1 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 Germany (+8.5%), 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 UK

In 2022, purchases abroad of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s increased by 18% to 16M units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a deep slump. Imports peaked at 19M 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 $126M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +12.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 36%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Import of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China74.164.892.411315.1%
Germany2.54.43.01.9-8.7%
Netherlands1.52.32.60.3-41.5%
Others9.38.410.410.12.8%
Total87.579.810812612.9%

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

  1. China (14.6M units)
  2. Germany (0.1M units)

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

In 2022, approx. 713K units of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s were exported from the UK; reducing by -8.1% compared with the year before. Over the period under review, exports recorded a precipitous decrease. The exports peaked at 2.1M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s fell slightly to $10M in 2022. Overall, exports showed a abrupt descent. Over the period under review, the exports of attained the peak figure at $15M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ireland3,7333,2832,8931,948-19.5%
Japan35264362385234.3%
United States61153555784111.2%
France1,429976643746-19.5%
Netherlands5826004967327.9%
Germany1,4821,348648688-22.6%
China596457935541-3.2%
Spain651583308304-22.4%
Sweden651477444222-30.1%
South Korea11725916520821.1%
Belgium546335295179-31.0%
Norway86.257.011513014.7%
Poland55833063.9121-39.9%
Others3,5442,6822,4312,737-8.3%
Total14,93812,56310,61710,250-11.8%

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

  1. Ireland (198.7K units)
  2. Spain (60.0K units)
  3. France (52.3K units)
  4. Netherlands (47.9K units)
  5. Germany (36.8K units)
  6. United States (27.3K units)
  7. Sweden (26.4K units)
  8. China (26.0K units)
  9. Japan (23.1K units)
  10. Belgium (22.3K units)
  11. Poland (22.2K units)
  12. Norway (19.7K units)
  13. South Korea (16.4K units)
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