Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Nigeria - 2022
Contents:
- Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Nigeria (CIF) - 2022
- Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Nigeria (FOB) - 2022
- Imports of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Nigeria
- Exports of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Nigeria
Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Nigeria (CIF) - 2022
In 2022, the average import price for umbrellas having a telescopic shaft (excluding garden umbrellas)s amounted to $2.9 per unit, dropping by -1.6% against the previous year. Overall, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for umbrellas having a telescopic shaft (excluding garden umbrellas)s decreased by +0.8% against 2018 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 49% against the previous year. Over the period under review, average import prices hit record highs at $3.1 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($2.9 per unit), while the price for China amounted to $2.9 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.1%).
Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Nigeria (FOB) - 2022
In 2022, the average export price for umbrellas having a telescopic shaft (excluding garden umbrellas)s amounted to $11 per unit, surging by 93% against the previous year. Overall, the export price enjoyed resilient growth. The most prominent rate of growth was recorded in 2021 an increase of 112% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($11 per unit), while the average price for exports to Benin amounted to $0.9 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cameroon (+10.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Nigeria
In 2022, overseas purchases of umbrellas having a telescopic shaft (excluding garden umbrellas)s were finally on the rise to reach 43K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a precipitous setback. Imports peaked at 296K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of umbrellas having a telescopic shaft (excluding garden umbrellas)s skyrocketed to $126K in 2022. Over the period under review, imports, however, faced a significant contraction. Over the period under review, imports of attained the maximum at $738K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 627 | 402 | 76.4 | 93.0 | -47.1% |
| United States | 35.0 | 1.5 | 2.9 | 31.6 | -3.3% |
| Germany | 33.8 | N/A | 0.7 | 0.1 | -85.6% |
| Switzerland | 33.5 | N/A | N/A | N/A | 0% |
| Others | 8.1 | 0.1 | 4.3 | 1.1 | -48.6% |
| Total | 738 | 404 | 84.3 | 126 | -44.5% |
Top Suppliers of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) to Nigeria in 2022:
- China (31.6K units)
- United States (10.7K units)
Exports of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Nigeria
In 2022, exports of umbrellas having a telescopic shaft (excluding garden umbrellas)s from Nigeria dropped sharply to 295 units, which is down by -18.3% on the previous year. In general, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 25% against the previous year. Over the period under review, the exports of attained the maximum at 457 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of umbrellas having a telescopic shaft (excluding garden umbrellas)s surged to $3.1K in 2022. Over the period under review, exports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 166% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Nigeria (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,214 | N/A | 1,258 | 3,109 | 36.8% |
| Benin | N/A | N/A | N/A | 16.0 | 0% |
| Cote d'Ivoire | 891 | 744 | 609 | N/A | -17.3% |
| Antigua and Barbuda | N/A | N/A | 116 | N/A | 0% |
| Others | 10.0 | 4.0 | 3.0 | N/A | -45.2% |
| Total | 2,115 | 748 | 1,986 | 3,125 | 13.9% |
Top Export Markets for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) from Nigeria in 2022:
- United States (277.0 units)
- Benin (18.0 units)
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This report provides an in-depth analysis of the global umbrella 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 ...
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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
4160
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
976
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 ...
3888
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 ...
4438
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.
2259
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
