Umbrella Price in Thailand - 2023
Contents:
- Umbrella Price in Thailand (CIF) - 2023
- Umbrella Price in Thailand (FOB) - 2022
- Umbrella Imports in Thailand
- Umbrella Exports in Thailand
Umbrella Price in Thailand (CIF) - 2023
The average umbrella import price stood at $1.3 per unit in September 2023, surging by 12% against the previous month. Over the period under review, import price indicated a measured increase from September 2022 to September 2023: its price increased at an average monthly rate of +3.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, umbrella import price increased by +77.2% against June 2023 indices. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 46% m-o-m. The import price peaked at $1.5 per unit in January 2023; however, from February 2023 to September 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the country with the highest price was China ($1.3 per unit), while the price for Japan amounted to $988 per thousand units.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (+3.8%).
Umbrella Price in Thailand (FOB) - 2022
In 2022, the average umbrella export price amounted to $7.8 per unit, increasing by 26% against the previous year. Overall, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, umbrella export price increased by +47.1% against 2016 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($39 per unit), while the average price for exports to Germany ($0.6 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 Myanmar (+21.0%), while the prices for the other major destinations experienced more modest paces of growth.
Umbrella Imports in Thailand
In 2022, imports of umbrellas into Thailand was estimated at 12M units, picking up by 9.8% against the previous year's figure. Over the period under review, imports, however, continue to indicate a deep setback. Imports peaked at 14M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, umbrella imports expanded sharply to $14M in 2022. Overall, imports, however, recorded a deep downturn. Over the period under review, imports reached the maximum at $16M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Umbrella in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 15.6 | 10.7 | 11.4 | 12.8 | -6.4% |
| Japan | 0.2 | 0.2 | 0.3 | 0.3 | 14.5% |
| Others | 0.5 | 0.3 | 0.3 | 0.5 | 0.0% |
| Total | 16.4 | 11.3 | 12.0 | 13.6 | -6.0% |
Top Suppliers of Umbrella to Thailand in 2022:
- China (11.5M units)
- Japan (0.3M units)
Umbrella Exports in Thailand
In 2022, approx. 381K units of umbrellas were exported from Thailand; jumping by 44% on 2021. Overall, exports, however, saw a perceptible decline. Over the period under review, the exports hit record highs at 451K units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
In value terms, umbrella exports soared to $3M in 2022. In general, total exports indicated measured growth from 2019 to 2022: its value increased at an average annual rate of +4.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Umbrella in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 581 | 731 | 555 | 1,572 | 39.3% |
| United States | 319 | 106 | 70.0 | 247 | -8.2% |
| Cambodia | 89.9 | 176 | 113 | 236 | 37.9% |
| Myanmar | 50.6 | 166 | 116 | 161 | 47.1% |
| Maldives | 135 | 75.9 | 27.5 | 96.2 | -10.7% |
| Lao People's Democratic Republic | 160 | 84.3 | 130 | 90.1 | -17.4% |
| Saudi Arabia | 170 | 268 | 117 | 88.0 | -19.7% |
| Vietnam | 185 | 146 | 109 | 76.5 | -25.5% |
| Germany | 70.8 | 53.6 | 38.5 | 52.4 | -9.5% |
| Others | 855 | 607 | 364 | 344 | -26.2% |
| Total | 2,615 | 2,414 | 1,640 | 2,963 | 4.3% |
Top Export Markets for Umbrella from Thailand in 2022:
- Germany (84.0K units)
- Myanmar (52.2K units)
- Cambodia (52.1K units)
- Belgium (39.9K units)
- United States (30.9K units)
- Vietnam (29.9K units)
- Lao People's Democratic Republic (21.9K units)
- Maldives (11.9K units)
- Saudi Arabia (3.0K units)
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This report provides an in-depth analysis of the umbrella and walking-stick market in Thailand.
1325
This report provides an in-depth analysis of the global umbrella market.
3466
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 Thailand.
715
This report provides an in-depth analysis of the umbrella and walking-stick market in Thailand.
563
This report provides an in-depth analysis of the global umbrella market.
1325
This report provides an in-depth analysis of the global umbrella market.
3466
This report provides an in-depth analysis of the global umbrella and walking-stick market.
4144
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
970
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 ...
3871
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 ...
4432
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.
2247
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
4144
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
970
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 ...
3871
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 ...
4432
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.
2247
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
