Umbrella Price in Israel - 2023

Contents:

  1. Umbrella Price in Israel (CIF) - 2022
  2. Umbrella Price in Israel (FOB) - 2022
  3. Umbrella Imports in Israel
  4. Umbrella Exports in Israel

Umbrella Price in Israel (CIF) - 2022

In 2022, the average umbrella import price amounted to $8.6 per unit, increasing by 25% against the previous year. In general, the import price recorded a strong expansion. The growth pace was the most rapid in 2017 when the average import price increased by 68% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($7.8 per unit), while the price for Hong Kong SAR amounted to $4.4 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.7%).

Umbrella Price in Israel (FOB) - 2022

The average umbrella export price stood at $4.5 per unit in 2022, dropping by -57.4% against the previous year. In general, the export price saw a abrupt curtailment. The pace of growth appeared the most rapid in 2021 an increase of 138%. Over the period under review, the average export prices hit record highs at $18 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($6.2 per unit), while the average price for exports to Armenia ($3.6 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 Netherlands (+40.4%), while the prices for the other major destinations experienced more modest paces of growth.

Umbrella Imports in Israel

In 2022, imports of umbrellas into Israel dropped sharply to 1.5M units, declining by -27.1% against 2021. Over the period under review, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 16%. As a result, imports reached the peak of 2M units, and then dropped significantly in the following year.

In value terms, umbrella imports shrank to $13M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +10.2% 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 +33.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. As a result, imports attained the peak of $14M, and then dropped in the following year.

Import of Umbrella in Israel (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.77.411.410.811.9%
Hong Kong SAR0.40.90.30.2-20.6%
Others1.51.82.41.86.3%
Total9.610.114.112.910.4%

Top Suppliers of Umbrella to Israel in 2022:

  1. China (1380.5K units)
  2. Hong Kong SAR (44.8K units)

Umbrella Exports in Israel

In 2022, the amount of umbrellas exported from Israel soared to 8.1K units, jumping by 608% compared with 2021. Overall, exports saw a significant expansion. The exports peaked at 11K units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, umbrella exports soared to $36K in 2022. In general, exports, however, showed a perceptible contraction. The exports peaked at $50K in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Export of Umbrella in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.33.30.117.373.7%
RomaniaN/AN/AN/A5.00%
Armenia0.1N/AN/A2.6196.2%
TurkeyN/AN/AN/A1.00%
FinlandN/AN/AN/A1.00%
DenmarkN/AN/AN/A0.80%
China3.224.0N/AN/A650.0%
Angola4.83.50.5N/A-67.7%
Others29.719.711.58.5-34.1%
Total41.050.412.036.2-4.1%

Top Export Markets for Umbrella from Israel in 2022:

  1. United States (4.1K units)
  2. Romania (0.8K units)
  3. Armenia (0.7K units)
  4. Turkey (0.2K units)
  5. Denmark (0.2K units)
  6. Finland (0.2K units)

Source: IndexBox Market Intelligence Platform

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