Umbrella Price in Peru - 2021

Contents:

  1. Umbrella Price in Peru (CIF) - 2021
  2. Umbrella Price in Peru (FOB) - 2022
  3. Umbrella Imports in Peru
  4. Umbrella Exports in Peru

Umbrella Price in Peru (CIF) - 2021

The average umbrella import price stood at $3.9 per unit in April 2020, jumping by 225% against the previous month. In general, the import price showed a significant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for China.

From January 2020 to April 2020, the rate of growth in terms of prices for China amounted to +52.2% per month.

Umbrella Price in Peru (FOB) - 2022

The average umbrella export price stood at $8.9 per unit in 2022, surging by 7.7% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 92%. As a result, the export price reached the peak level of $16 per unit. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($39 per unit), while the average price for exports to Colombia ($1.2 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 South Africa (+36.9%), while the prices for the other major destinations experienced more modest paces of growth.

Umbrella Imports in Peru

In 2022, imports of umbrellas into Peru soared to 1.8M units, rising by 20% against 2021. The total import volume increased at an average annual rate of +1.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, umbrella imports shrank to $4.5M in 2022. In general, imports, however, continue to indicate a slight contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 11%. As a result, imports reached the peak of $4.7M, and then dropped in the following year.

Import of Umbrella in Peru (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.33.84.44.1-1.6%
Others0.40.50.30.40.0%
Total4.74.24.74.5-1.4%

Top Suppliers of Umbrella to Peru in 2022:

  1. China (1773.2K units)

Umbrella Exports in Peru

Umbrella exports from Peru reduced modestly to 393 units in 2022, with a decrease of -3.9% against 2021 figures. In general, exports saw a precipitous slump. The most prominent rate of growth was recorded in 2021 when exports increased by 19% against the previous year. Over the period under review, the exports reached the peak figure at 1.1K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, umbrella exports rose slightly to $3.5K in 2022. Overall, exports showed a precipitous descent. Over the period under review, the exports attained the maximum at $12K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Umbrella in Peru (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,7235971,105937-18.4%
Costa Rica53741752092119.7%
Chile5,60657.0114315-61.7%
Bolivia1,958559257201-53.2%
Panama34634.0238177-20.0%
Colombia96.079.096.017321.7%
Dominican Republic20927.087.0123-16.2%
Honduras12.01.011.017.012.3%
Others1,8461,822935615-30.7%
Total12,3333,5933,3633,479-34.4%

Top Export Markets for Umbrella from Peru in 2022:

  1. Colombia (144.0 units)
  2. Costa Rica (77.0 units)
  3. Panama (53.0 units)
  4. Bolivia (27.0 units)
  5. United States (24.0 units)
  6. Dominican Republic (17.0 units)
  7. Honduras (11.0 units)
  8. Chile (9.0 units)

Source: IndexBox Market Intelligence Platform

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