Umbrella Price in the Dominican Republic - 2023
Contents:
- Umbrella Price in the Dominican Republic (CIF) - 2023
- Umbrella Price in the Dominican Republic (FOB) - 2022
- Umbrella Imports in the Dominican Republic
- Umbrella Exports in the Dominican Republic
Umbrella Price in the Dominican Republic (CIF) - 2023
The average umbrella import price stood at $6.5 per unit in March 2023, increasing by 203% against the previous month. Over the period under review, the import price enjoyed mild growth. As a result, import price reached 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 March 2022 to March 2023, the rate of growth in terms of prices for China amounted to -2.8% per month.
Umbrella Price in the Dominican Republic (FOB) - 2022
In 2022, the average umbrella export price amounted to $14 per unit, picking up by 9.2% against the previous year. Over the period under review, the export price recorded moderate growth. The most prominent rate of growth was recorded in 2013 an increase of 60% against the previous year. As a result, the export price reached the peak level of $14 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Haiti ($14 per unit), while the average price for exports to Guyana ($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 Haiti (+14.2%), while the prices for the other major destinations experienced mixed trend patterns.
Umbrella Imports in the Dominican Republic
In 2022, imports of umbrellas into the Dominican Republic soared to 1.1M units, rising by 27% against 2021 figures. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +6.8% 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 +70.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 34% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, umbrella imports surged to $5.5M in 2022. Overall, imports saw a strong expansion. The pace of growth was the most pronounced in 2021 when imports increased by 57%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Umbrella in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.0 | 1.8 | 2.6 | 4.5 | 14.5% |
| United States | 0.8 | 0.2 | 0.5 | 0.5 | -14.5% |
| Panama | 0.1 | 0.1 | 0.2 | 0.1 | 0.0% |
| Others | 0.4 | 0.3 | 0.5 | 0.5 | 7.7% |
| Total | 4.2 | 2.3 | 3.7 | 5.5 | 9.4% |
Top Suppliers of Umbrella to the Dominican Republic in 2022:
- China (1004.7K units)
- United States (71.6K units)
- Panama (20.9K units)
Umbrella Exports in the Dominican Republic
In 2022, approx. 5.6K units of umbrellas were exported from the Dominican Republic; growing by 38% compared with the year before. In general, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 78% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
In value terms, umbrella exports skyrocketed to $77K in 2022. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 120% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Umbrella in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Haiti | N/A | N/A | 28.4 | 57.0 | 100.7% |
| Uruguay | N/A | N/A | N/A | 9.9 | 0% |
| United States | 0.2 | 0.4 | 8.2 | 3.6 | 162.1% |
| Dominica | N/A | 4.5 | 0.2 | 1.0 | -52.9% |
| Saint Lucia | 4.4 | 5.4 | 2.6 | 0.3 | -59.1% |
| Venezuela | 1.3 | 1.9 | 2.2 | N/A | 30.1% |
| Trinidad and Tobago | 1.9 | 0.5 | 1.2 | N/A | -20.5% |
| Guyana | 4.2 | 0.1 | 0.1 | N/A | -84.6% |
| Others | 3.5 | 10.3 | 8.2 | 5.4 | 15.6% |
| Total | 15.5 | 23.2 | 51.1 | 77.3 | 70.9% |
Top Export Markets for Umbrella from the Dominican Republic in 2022:
- Haiti (4108.0 units)
- Uruguay (1000.0 units)
- Saint Lucia (107.0 units)
- Dominica (100.0 units)
- United States (37.0 units)
- Guyana (1.0 units)
- Trinidad and Tobago (1.0 units)
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This report provides an in-depth analysis of the umbrella and walking-stick market in the Dominican Republic.
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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 and walking-stick market in the Dominican Republic.
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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 market.
3455
This report provides an in-depth analysis of the global umbrella and walking-stick market.
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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 ...
4427
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.
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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
4137
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
963
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 ...
3863
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 ...
4427
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.
2234
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
