Price for Garden or Similar Umbrellas in the United States - 2023
Contents:
- Price for Garden or Similar Umbrellas in the United States (CIF) - 2022
- Price for Garden or Similar Umbrellas in the United States (FOB) - 2022
- Imports of Garden or Similar Umbrellas in the United States
- Exports of Garden or Similar Umbrellas in the United States
Price for Garden or Similar Umbrellas in the United States (CIF) - 2022
In 2022, the average garden or similar umbrellas import price amounted to $19 per unit, therefore, remained relatively stable against the previous year. Overall, the import price, however, recorded a mild downturn. The pace of growth appeared the most rapid in 2017 an increase of 11%. Over the period under review, average import prices hit record highs at $25 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -1.9% per year.
Price for Garden or Similar Umbrellas in the United States (FOB) - 2022
The average garden or similar umbrellas export price stood at $36 per unit in 2022, falling by -43.9% against the previous year. Over the period under review, the export price, however, recorded prominent growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 108% against the previous year. Over the period under review, the average export prices hit record highs at $64 per unit in 2021, and then shrank sharply in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($114 per unit), while the average price for exports to Panama ($6.2 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 Slovakia (+644.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Garden or Similar Umbrellas in the United States
For the fourth consecutive year, the United States recorded growth in purchases abroad of garden or similar umbrellases, which increased by 1% to 23M units in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +15.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.8% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 43% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, garden or similar umbrellas imports stood at $442M in 2022. The total import value increased at an average annual rate of +9.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Import of Garden or Similar Umbrellas in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 322 | 310 | 424 | 425 | 9.7% |
| Others | 11.4 | 10.1 | 13.7 | 17.1 | 14.5% |
| Total | 333 | 320 | 438 | 442 | 9.9% |
Top Suppliers of Garden or Similar Umbrellas to the United States in 2022:
- China (22.9M units)
Exports of Garden or Similar Umbrellas in the United States
In 2022, exports of garden or similar umbrellases from the United States surged to 948K units, with an increase of 136% on the previous year's figure. Over the period under review, exports continue to indicate strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, garden or similar umbrellas exports surged to $34M in 2022. Overall, exports continue to indicate a significant increase. The growth pace was the most rapid in 2021 when exports increased by 44%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.
| Export of Garden or Similar Umbrellas in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 7.0 | 10.4 | 19.0 | 14.2 | 26.6% |
| China | 0.4 | 0.3 | 0.2 | 10.1 | 193.4% |
| Mexico | 1.9 | 2.1 | 1.3 | 3.1 | 17.7% |
| Netherlands | 1.6 | 1.7 | 1.7 | 1.8 | 4.0% |
| Bahamas | 1.7 | 1.5 | 0.5 | 0.8 | -22.2% |
| Barbados | 0.2 | N/A | N/A | 0.3 | 14.5% |
| Panama | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Cayman Islands | 0.3 | N/A | 0.2 | 0.2 | -12.6% |
| United Kingdom | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 4.8 | 1.7 | 2.6 | 3.6 | -9.1% |
| Total | 17.9 | 18.0 | 25.8 | 34.2 | 24.1% |
Top Export Markets for Garden or Similar Umbrellas from the United States in 2022:
- China (558.2K units)
- Canada (135.9K units)
- Netherlands (42.8K units)
- Mexico (27.1K units)
- Panama (25.4K units)
- Barbados (19.9K units)
- Bahamas (12.3K units)
- Cayman Islands (9.7K units)
- United Kingdom (7.6K units)
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