Umbrella Price in Russia - 2022

Contents:

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

Umbrella Price in Russia (CIF) - 2022

The average umbrella import price stood at $2.9 per unit in January 2022, surging by 14% against the previous month. Overall, the import price posted a modest increase. The most prominent rate of growth was recorded in September 2021 an increase of 71% m-o-m. The import price peaked at $4.2 per unit in November 2021; however, from December 2021 to January 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In January 2022, the country with the highest price was China ($3.3 per unit), while the price for Belarus stood at $761 per thousand units.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Belarus (+3.7%).

Umbrella Price in Russia (FOB) - 2022

The average umbrella export price stood at $4.1 per unit in 2022, reducing by -1.9% against the previous year. In general, the export price continues to indicate a mild reduction. The growth pace was the most rapid in 2019 an increase of 13% against the previous year. The export price peaked at $5.7 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($6 per unit), while the average price for exports to Ukraine ($0.9 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 Belarus (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.

Umbrella Imports in Russia

Umbrella imports into Russia declined slightly to 11M units in 2022, waning by -3.4% on the previous year's figure. Overall, imports showed a pronounced decrease. The growth pace was the most rapid in 2021 with an increase of 10% against the previous year. Imports peaked at 13M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, umbrella imports shrank to $21M in 2022. In general, imports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 35%. Imports peaked at $27M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Umbrella in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China20.113.819.118.0-3.6%
Belarus2.91.92.51.2-25.5%
Others3.72.63.12.2-15.9%
Total26.818.324.621.5-7.1%

Top Suppliers of Umbrella to Russia in 2022:

  1. China (8.6M units)
  2. Belarus (2.2M units)

Umbrella Exports in Russia

In 2022, exports of umbrellas from Russia declined significantly to 300K units, waning by -22.3% against the year before. In general, exports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 99%. As a result, the exports attained the peak of 386K units, and then contracted rapidly in the following year.

In value terms, umbrella exports dropped rapidly to $1.2M in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +7.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +45.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 91%. As a result, the exports attained the peak of $1.6M, and then dropped significantly in the following year.

Export of Umbrella in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belarus22239264069546.3%
Kazakhstan2682605172852.1%
Armenia13.218.425.564.569.7%
Ukraine69.911635461.2-4.3%
Poland0.912.115.243.1263.1%
Azerbaijan4.16.113.839.2112.2%
Uzbekistan2.011.53.929.7145.8%
Others41736.056.120.8-63.2%
Total9968521,6251,2387.5%

Top Export Markets for Umbrella from Russia in 2022:

  1. Belarus (115.0K units)
  2. Kazakhstan (76.6K units)
  3. Ukraine (65.9K units)
  4. Armenia (14.0K units)
  5. Poland (10.5K units)
  6. Uzbekistan (7.0K units)
  7. Azerbaijan (6.9K units)

Source: IndexBox Market Intelligence Platform

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