Umbrella Price in Singapore - 2022
Contents:
- Umbrella Price in Singapore (CIF) - 2022
- Umbrella Price in Singapore (FOB) - 2022
- Umbrella Imports in Singapore
- Umbrella Exports in Singapore
Umbrella Price in Singapore (CIF) - 2022
In 2022, the average umbrella import price amounted to $3.2 per unit, rising by 8.3% against the previous year. Over the period under review, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, umbrella import price increased by +92.9% against 2016 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 47%. The import price peaked in 2022 and is likely to continue growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($8.8 per unit), while the price for China ($2.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Umbrella Price in Singapore (FOB) - 2022
In September 2022, the average umbrella export price amounted to $16.2 per unit, with a decrease of -27.2% against the previous month. Overall, the export price, however, posted a perceptible expansion. The most prominent rate of growth was recorded in December 2021 an increase of 190% against the previous month. The export price peaked at $47.0 per unit in July 2022; however, from August 2022 to September 2022, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Australia ($35.5 per unit), while the average price for exports to Malaysia ($8.2 per unit) was amongst the lowest.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.
Umbrella Imports in Singapore
In 2022, imports of umbrellas into Singapore soared to 2.8M units, increasing by 28% against the previous year's figure. Over the period under review, imports, however, showed a noticeable curtailment. Over the period under review, imports attained the peak figure at 3M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, umbrella imports soared to $8.9M in 2022. In general, total imports indicated a moderate increase from 2019 to 2022: its value increased at an average annual rate of +2.1% 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 +77.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Umbrella in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.0 | 4.1 | 5.2 | 7.0 | 0.0% |
| Malaysia | 0.3 | 0.2 | 0.3 | 0.7 | 32.6% |
| Japan | 0.3 | 0.3 | 0.3 | 0.3 | 0.0% |
| Cambodia | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Others | 0.6 | 0.4 | 0.5 | 0.6 | 0.0% |
| Total | 8.3 | 5.0 | 6.4 | 8.9 | 2.4% |
Top Suppliers of Umbrella to Singapore in 2022:
- China (2496.4K units)
- Japan (80.9K units)
- Malaysia (74.7K units)
- Cambodia (52.3K units)
Umbrella Exports in Singapore
In 2022, umbrella exports from Singapore totaled 157K units, with an increase of 11% on the previous year. Over the period under review, exports, however, faced a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. The exports peaked at 249K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, umbrella exports skyrocketed to $1.4M in 2022. In general, exports saw a buoyant expansion. The growth pace was the most rapid in 2021 with an increase of 92%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Umbrella in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 46.7 | 18.9 | 287 | 326 | 91.1% |
| Hong Kong SAR | 138 | 79.9 | 163 | 158 | 4.6% |
| Indonesia | 201 | 73.3 | 111 | 132 | -13.1% |
| Vietnam | 40.5 | 12.8 | 5.2 | 77.6 | 24.2% |
| Malaysia | 144 | 41.5 | 47.7 | 73.4 | -20.1% |
| Philippines | 73.8 | 19.6 | 44.5 | 64.8 | -4.2% |
| Thailand | 33.4 | 14.5 | 8.8 | 50.0 | 14.4% |
| Japan | 71.9 | 74.3 | 31.2 | 39.5 | -18.1% |
| Taiwan (Chinese) | 17.5 | 4.8 | 8.4 | 18.6 | 2.1% |
| United Kingdom | 30.6 | 0.4 | N/A | 5.7 | -42.9% |
| China | 123 | 5.1 | 6.2 | 2.8 | -71.7% |
| Others | 137 | 73.0 | 90.9 | 426 | 46.0% |
| Total | 1,057 | 418 | 804 | 1,374 | 9.1% |
Top Export Markets for Umbrella from Singapore in 2022:
- Hong Kong SAR (39.5K units)
- Indonesia (31.8K units)
- Malaysia (14.9K units)
- Australia (14.6K units)
- Vietnam (11.7K units)
- Philippines (9.2K units)
- Thailand (8.5K units)
- Taiwan (Chinese) (4.1K units)
- Japan (1.2K units)
- China (0.3K units)
- United Kingdom (0.2K units)
792
This report provides an in-depth analysis of the umbrella and walking-stick market in Singapore.
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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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This report provides an in-depth analysis of the umbrella market in Singapore.
792
This report provides an in-depth analysis of the umbrella and walking-stick market in Singapore.
568
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.
3474
This report provides an in-depth analysis of the global umbrella and walking-stick market.
4155
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 ...
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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.
2253
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
4155
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.
2253
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
