Panama - Umbrellas - Market Analysis, Forecast, Size, Trends And Insights
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View PricingUmbrella Price in Panama - 2023
Contents:
- Umbrella Price in Panama (CIF) - 2023
- Umbrella Price in Panama (FOB) - 2022
- Umbrella Imports in Panama
- Umbrella Exports in Panama
Umbrella Price in Panama (CIF) - 2023
In July 2023, the average umbrella import price amounted to $3.1 per unit, with an increase of 4.4% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in December 2022 when the average import price increased by 13% month-to-month. The import price peaked at $3.8 per unit in February 2023; however, from March 2023 to July 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the country with the highest price was the United States ($3.8 per unit), while the price for China ($2.9 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the United States (+1.2%), while the prices for the other major suppliers experienced a decline.
Umbrella Price in Panama (FOB) - 2022
The average umbrella export price stood at $3.1 per unit in 2022, dropping by -19% against the previous year. Overall, the export price continues to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2017 an increase of 55% against the previous year. Over the period under review, the average export prices reached the maximum at $6.6 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Suriname ($7.6 per unit), while the average price for exports to Uruguay ($2.1 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 Suriname (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.
Umbrella Imports in Panama
In 2022, supplies from abroad of umbrellas was finally on the rise to reach 1.1M units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a sharp reduction. Imports peaked at 4.8M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, umbrella imports soared to $3.5M in 2022. Over the period under review, imports, however, faced a sharp downturn. Imports peaked at $12M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Umbrella in Panama (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.5 | 5.1 | 1.2 | 1.4 | -48.9% |
| Free Zones | 1.0 | 0.4 | 0.8 | 1.2 | 6.3% |
| United States | 0.3 | 0.1 | 0.4 | 0.4 | 10.1% |
| Colombia | N/A | 0.1 | N/A | 0.4 | 100.0% |
| Hong Kong SAR | 0.1 | N/A | N/A | 0.1 | 0.0% |
| Others | 0.3 | 0.3 | 0.2 | 0.1 | -30.7% |
| Total | 12.3 | 5.9 | 2.7 | 3.5 | -34.2% |
Top Suppliers of Umbrella to Panama in 2022:
- China (445.5K units)
- Free Zones (384.6K units)
- Colombia (125.9K units)
- United States (108.3K units)
- Hong Kong SAR (24.6K units)
Umbrella Exports in Panama
In 2022, shipments abroad of umbrellas was finally on the rise to reach 93K units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a dramatic slump. The exports peaked at 417K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, umbrella exports declined rapidly to $290K in 2022. Over the period under review, exports, however, faced a significant contraction. The smallest decline of -10.8% was in 2020. Over the period under review, the exports hit record highs at $2.4M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Umbrella in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nicaragua | 1,047 | 1,177 | 133 | 99.4 | -54.4% |
| Suriname | 22.2 | 21.1 | 31.6 | 36.6 | 18.1% |
| Uruguay | 1.2 | 1.1 | 1.2 | 28.2 | 186.4% |
| Colombia | 340 | 220 | 32.1 | 24.4 | -58.4% |
| Brazil | 108 | 60.6 | 16.5 | 12.4 | -51.4% |
| Belize | 14.9 | 7.7 | 6.7 | 11.0 | -9.6% |
| Jamaica | 15.1 | 14.7 | 5.3 | 9.6 | -14.0% |
| Dominican Republic | 61.2 | 15.9 | 18.9 | 7.9 | -49.5% |
| Honduras | 138 | 135 | 0.1 | 7.2 | -62.6% |
| Costa Rica | 194 | 116 | 27.6 | 6.4 | -67.9% |
| El Salvador | 56.8 | 44.5 | 5.2 | 2.7 | -63.8% |
| Others | 353 | 282 | 75.0 | 44.3 | -49.9% |
| Total | 2,350 | 2,095 | 353 | 290 | -50.2% |
Top Export Markets for Umbrella from Panama in 2022:
- Nicaragua (39.9K units)
- Uruguay (13.4K units)
- Colombia (5.9K units)
- Suriname (4.8K units)
- Belize (4.1K units)
- Brazil (1.7K units)
- Jamaica (1.7K units)
- Honduras (1.2K units)
- Costa Rica (1.1K units)
- Dominican Republic (1.0K units)
- El Salvador (0.8K units)
This report provides an in-depth analysis of the umbrella market in Panama. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 32992130 - Umbrellas, sun umbrellas, walking-stick umbrellas, garden umbrellas and similar umbrellas (excluding umbrella cases)
Country coverage:
- Panama
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Panama
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the umbrella market in Panama.
128
This report provides an in-depth analysis of the umbrella and walking-stick market in Panama.
1341
This report provides an in-depth analysis of the global umbrella market.
3474
This report provides an in-depth analysis of the global umbrella and walking-stick market.
85
This report provides an in-depth analysis of the umbrella market in Panama.
128
This report provides an in-depth analysis of the umbrella and walking-stick market in Panama.
568
This report provides an in-depth analysis of the global umbrella market.
1341
This report provides an in-depth analysis of the global umbrella market.
3474
This report provides an in-depth analysis of the global umbrella and walking-stick market.
4152
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
971
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 ...
3879
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 ...
4435
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.
2252
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
4152
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
971
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 ...
3879
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 ...
4435
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.
2252
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
