Umbrella Price in Malaysia - 2021
Contents:
- Umbrella Price in Malaysia (CIF) - 2021
- Umbrella Price in Malaysia (FOB) - 2022
- Umbrella Imports in Malaysia
- Umbrella Exports in Malaysia
Umbrella Price in Malaysia (CIF) - 2021
In December 2021, the average umbrella import price amounted to $4.5 per unit, rising by 4.3% against the previous month. Over the period from December 2020 to December 2021, it increased at an average monthly rate of +2.0%. The most prominent rate of growth was recorded in August 2021 when the average import price increased by 10% m-o-m. Over the period under review, average import prices hit record highs in December 2021.
Average prices varied somewhat amongst the major supplying countries. In December 2021, the country with the highest price was China ($4.5 per unit), while the price for Singapore amounted to $3.3 per unit.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by China (+2.1%).
Umbrella Price in Malaysia (FOB) - 2022
In 2022, the average umbrella export price amounted to $6.1 per unit, picking up by 20% against the previous year. In general, the export price continues to indicate a notable expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by 86% against the previous year. The export price peaked at $8.1 per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
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 Indonesia ($11 per unit), while the average price for exports to the United States ($1.8 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 Indonesia (+11.7%), while the prices for the other major destinations experienced more modest paces of growth.
Umbrella Imports in Malaysia
In 2022, the amount of umbrellas imported into Malaysia shrank modestly to 3.8M units, therefore, remained relatively stable against 2021 figures. Over the period under review, imports saw a abrupt setback. The pace of growth was the most pronounced in 2021 when imports increased by 2.6%. Imports peaked at 4.6M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, umbrella imports shrank to $7.8M in 2022. The total import value increased at an average annual rate of +5.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 19%. As a result, imports reached the peak of $8.5M, and then fell in the following year.
| Import of Umbrella in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | N/A | N/A | N/A | 3.9 | 0% |
| China | 5.7 | 6.2 | 6.4 | 2.4 | -25.0% |
| India | N/A | N/A | N/A | 0.3 | 0% |
| Others | 0.9 | 0.9 | 2.0 | 1.2 | 10.1% |
| Total | 6.6 | 7.1 | 8.5 | 7.8 | 5.7% |
Top Suppliers of Umbrella to Malaysia in 2022:
- Myanmar (2621.7K units)
- China (968.2K units)
- India (79.5K units)
Umbrella Exports in Malaysia
In 2022, shipments abroad of umbrellas decreased by -27.1% to 284K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +13.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 45% against the previous year. Over the period under review, the exports attained the peak figure at 389K units in 2021, and then contracted sharply in the following year.
In value terms, umbrella exports dropped to $1.7M in 2022. The total export value increased at an average annual rate of +6.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 32% against the previous year. As a result, the exports attained the peak of $2M, and then declined in the following year.
| Export of Umbrella in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 511 | 813 | 1,023 | 841 | 18.1% |
| Singapore | 304 | 98.1 | 323 | 377 | 7.4% |
| Hong Kong SAR | 42.7 | 97.9 | 24.8 | 39.6 | -2.5% |
| United States | 25.4 | 18.9 | 77.9 | 39.4 | 15.8% |
| India | 2.2 | 2.2 | 25.2 | 29.7 | 138.1% |
| Brunei Darussalam | 54.6 | 21.2 | 269 | 21.8 | -26.4% |
| Indonesia | 80.0 | 42.5 | 16.6 | 17.2 | -40.1% |
| South Korea | 0.2 | 0.3 | 0.7 | 14.8 | 319.8% |
| Spain | 17.8 | 13.0 | 7.5 | 5.1 | -34.1% |
| Others | 402 | 382 | 199 | 342 | -5.2% |
| Total | 1,440 | 1,489 | 1,966 | 1,728 | 6.3% |
Top Export Markets for Umbrella from Malaysia in 2022:
- Turkey (141.8K units)
- Singapore (62.2K units)
- United States (21.9K units)
- India (7.8K units)
- South Korea (7.2K units)
- Hong Kong SAR (6.8K units)
- Brunei Darussalam (6.7K units)
- Spain (5.0K units)
- Indonesia (1.6K units)
987
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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 umbrella market in Malaysia.
987
This report provides an in-depth analysis of the umbrella and walking-stick market in Malaysia.
563
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 global umbrella market.
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This report provides an in-depth analysis of the global umbrella and walking-stick market.
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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 ...
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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 ...
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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.
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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
4137
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
963
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 ...
3863
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 ...
4427
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.
2234
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
