Umbrella Price in Vietnam - 2022
Contents:
- Umbrella Price in Vietnam (FOB) - 2022
- Umbrella Price in Vietnam (CIF) - 2022
- Umbrella Exports in Vietnam
- Umbrella Imports in Vietnam
Umbrella Price in Vietnam (FOB) - 2022
In December 2022, the average umbrella export price amounted to $9.1 per unit, growing by 38% against the previous month. Over the last twelve months, it increased at an average monthly rate of +3.9%. The most prominent rate of growth was recorded in January 2022 an increase of 43% month-to-month. The export price peaked in December 2022.
There were significant differences in the average prices for the major foreign markets. In December 2022, the country with the highest price was the United States ($34.5 per unit), while the average price for exports to South Korea ($5.2 per unit) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+15.9%), while the prices for the other major destinations experienced more modest paces of growth.
Umbrella Price in Vietnam (CIF) - 2022
In December 2022, the average umbrella import price amounted to $3.7 per unit, waning by -1.7% against the previous month. Over the period under review, the import price saw a perceptible contraction. The pace of growth appeared the most rapid in September 2022 an increase of 8.8% month-to-month. The import price peaked at $6.0 per unit in December 2021; however, from January 2022 to December 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From December 2021 to December 2022, the rate of growth in terms of prices for China amounted to -3.9% per month.
Umbrella Exports in Vietnam
In 2022, overseas shipments of umbrellas were finally on the rise to reach 3.4M units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a abrupt descent. The exports peaked at 5.7M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, umbrella exports rose markedly to $13M in 2022. Overall, exports, however, recorded a abrupt descent. The exports peaked at $20M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Umbrella in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 16.2 | 8.8 | 6.4 | 8.4 | -19.7% |
| United States | 0.8 | 0.7 | 1.9 | 2.8 | 51.8% |
| Japan | 1.3 | 3.6 | 1.4 | 0.4 | -32.5% |
| Others | 1.8 | 1.4 | 1.7 | 1.5 | -5.9% |
| Total | 20.1 | 14.6 | 11.5 | 13.0 | -13.5% |
Top Export Markets for Umbrella from Vietnam in 2022:
- South Korea (2866.8K units)
- United States (429.2K units)
- Japan (56.1K units)
Umbrella Imports in Vietnam
In 2022, purchases abroad of umbrellas was finally on the rise to reach 1.9M units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a perceptible downturn. Over the period under review, imports attained the peak figure at 2M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, umbrella imports rose to $6.6M in 2022. The total import value increased at an average annual rate of +2.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 12% against the previous year. As a result, imports reached the peak of $6.8M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Umbrella in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.8 | 6.5 | 6.1 | 6.3 | 2.8% |
| Thailand | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 0.1 | 0.1 | 0.2 | 0.1 | 0.0% |
| Total | 6.0 | 6.8 | 6.3 | 6.6 | 3.2% |
Top Suppliers of Umbrella to Vietnam in 2022:
- China (1799.9K units)
- Thailand (37.0K units)
758
This report provides an in-depth analysis of the umbrella and walking-stick market in Vietnam.
1336
This report provides an in-depth analysis of the global umbrella market.
3471
This report provides an in-depth analysis of the global umbrella and walking-stick market.
349
This report provides an in-depth analysis of the umbrella market in Vietnam.
758
This report provides an in-depth analysis of the umbrella and walking-stick market in Vietnam.
567
This report provides an in-depth analysis of the global umbrella market.
1336
This report provides an in-depth analysis of the global umbrella market.
3471
This report provides an in-depth analysis of the global umbrella and walking-stick market.
4149
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 ...
3876
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 ...
4433
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
4149
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 ...
3876
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 ...
4433
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
