Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in China - 2023
Contents:
- Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in China (FOB) - 2023
- Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in China (CIF) - 2022
- Exports of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in China
- Imports of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in China
Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in China (FOB) - 2023
The average export price for umbrellas having a telescopic shaft (excluding garden umbrellas)s stood at $2.4 per unit in December 2023, growing by 3.2% against the previous month. Over the period under review, the export price, however, showed a slight setback. The growth pace was the most rapid in February 2023 an increase of 19% month-to-month. As a result, the export price attained the peak level of $2.9 per unit. From March 2023 to December 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In December 2023, the country with the highest price was Japan ($4.1 per unit), while the average price for exports to South Africa ($1.6 per unit) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+0.3%), while the prices for the other major destinations experienced a decline.
Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in China (CIF) - 2022
In 2022, the average import price for umbrellas having a telescopic shaft (excluding garden umbrellas)s amounted to $6.2 per unit, reducing by -16.6% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by 38% against the previous year. Over the period under review, average import prices hit record highs at $7.5 per unit in 2021, and then contracted notably in the following year.
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 Hong Kong SAR ($6.3 per unit), while the price for Taiwan (Chinese) ($2.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in China
In 2022, approx. 343M units of umbrellas having a telescopic shaft (excluding garden umbrellas)s were exported from China; with an increase of 52% on 2021 figures. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.5% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of umbrellas having a telescopic shaft (excluding garden umbrellas)s soared to $877M in 2022. In general, total exports indicated pronounced growth from 2019 to 2022: its value increased at an average annual rate of +2.2% 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 +55.6% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 123 | 48.4 | 72.0 | 108 | -4.2% |
| Philippines | 75.1 | 33.6 | 44.1 | 93.4 | 7.5% |
| South Korea | 46.0 | 44.4 | 50.1 | 68.0 | 13.9% |
| Japan | 79.5 | 65.8 | 53.5 | 66.5 | -5.8% |
| Brazil | 47.5 | 24.1 | 16.4 | 48.7 | 0.8% |
| Vietnam | 17.7 | 23.4 | 19.3 | 30.9 | 20.4% |
| Germany | 23.1 | 24.7 | 23.8 | 29.7 | 8.7% |
| Indonesia | 11.2 | 10.7 | 9.7 | 23.5 | 28.0% |
| Italy | 22.8 | 16.2 | 12.9 | 20.2 | -4.0% |
| Thailand | 17.2 | 15.3 | 13.6 | 18.8 | 3.0% |
| Colombia | 9.3 | 5.0 | 5.5 | 17.6 | 23.7% |
| Netherlands | 16.0 | 10.5 | 10.0 | 17.3 | 2.6% |
| United Kingdom | 24.2 | 18.2 | 13.8 | 17.2 | -10.8% |
| Others | 310 | 223 | 220 | 317 | 0.7% |
| Total | 822 | 564 | 564 | 877 | 2.2% |
Top Export Markets for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) from China in 2022:
- Brazil (49.2M units)
- United States (34.3M units)
- Philippines (29.6M units)
- Indonesia (22.7M units)
- South Korea (21.6M units)
- Japan (21.1M units)
- Vietnam (9.8M units)
- Germany (9.4M units)
- Italy (6.4M units)
- Thailand (6.0M units)
- Colombia (5.6M units)
- Netherlands (5.5M units)
- United Kingdom (5.5M units)
Imports of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in China
In 2022, purchases abroad of umbrellas having a telescopic shaft (excluding garden umbrellas)s decreased by -11.6% to 514K units, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +4.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 31%. As a result, imports reached the peak of 590K units. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of umbrellas having a telescopic shaft (excluding garden umbrellas)s fell rapidly to $3.2M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +12.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 81%. Over the period under review, imports of hit record highs at $4.4M in 2021, and then dropped dramatically in the following year.
| Import of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | 805 | 1,479 | 1,826 | 2,069 | 37.0% |
| Japan | 487 | 1,327 | 181 | 518 | 2.1% |
| United Kingdom | 160 | 198 | 348 | 194 | 6.6% |
| Italy | 103 | 154 | 311 | 168 | 17.7% |
| United States | 67.4 | 109 | 103 | 53.5 | -7.4% |
| Taiwan (Chinese) | 50.2 | 16.7 | 44.8 | 40.6 | -6.8% |
| Vietnam | 26.5 | 391 | 768 | 27.8 | 1.6% |
| India | 162 | N/A | 0.2 | N/A | -96.5% |
| Myanmar | 42.9 | N/A | 16.4 | N/A | -38.2% |
| Others | 328 | 364 | 755 | 141 | -24.5% |
| Total | 2,233 | 4,039 | 4,354 | 3,212 | 12.9% |
Top Suppliers of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) to China in 2022:
- Cambodia (327.8K units)
- Japan (82.1K units)
- United Kingdom (30.7K units)
- Italy (26.6K units)
- Taiwan (Chinese) (18.9K units)
- United States (8.5K units)
- Vietnam (4.4K units)
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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
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