Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Serbia - 2023

Contents:

  1. Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Serbia (CIF) - 2022
  2. Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Serbia (FOB) - 2022
  3. Imports of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Serbia
  4. Exports of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Serbia

Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Serbia (CIF) - 2022

The average import price for umbrellas having a telescopic shaft (excluding garden umbrellas)s stood at $1.1 per unit in 2022, dropping by -22.5% against the previous year. Overall, the import price recorded a drastic downturn. The growth pace was the most rapid in 2021 when the average import price increased by 28%. Over the period under review, average import prices reached the peak figure at $3.1 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 Ukraine amounted to +30.6% per year.

Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Serbia (FOB) - 2022

The average export price for umbrellas having a telescopic shaft (excluding garden umbrellas)s stood at $3.7 per unit in 2022, declining by -29.2% against the previous year. In general, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when the average export price increased by 68%. The export price peaked at $5.3 per unit in 2021, and then reduced markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Montenegro ($3.9 per unit), while the average price for exports to Croatia ($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 Switzerland (+13.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Serbia

For the fourth year in a row, Serbia recorded growth in purchases abroad of umbrellas having a telescopic shaft (excluding garden umbrellas)s, which increased by 19% to 693K units in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +16.9% 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 +59.8% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of umbrellas having a telescopic shaft (excluding garden umbrellas)s shrank to $769K in 2022. Overall, imports, however, saw a noticeable decline. The most prominent rate of growth was recorded in 2021 with an increase of 47%. Over the period under review, imports of hit record highs at $892K 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 Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7155496567612.1%
Ukraine1330.2162N/A10.4%
Sri Lanka30.7N/AN/AN/A0%
Others12.316.216.18.0-13.4%
Total892565833769-4.8%

Top Suppliers of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) to Serbia in 2022:

  1. China (692.6K units)

Exports of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Serbia

For the third consecutive year, Serbia recorded decline in shipments abroad of umbrellas having a telescopic shaft (excluding garden umbrellas)s, which decreased by -11.1% to 7.2K units in 2022. Over the period under review, exports faced a dramatic setback. The exports peaked at 18K 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 fell rapidly to $27K in 2022. Overall, exports continue to indicate a sharp setback. The smallest decline of -29.8% was in 2021. Over the period under review, the exports of attained the maximum at $88K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Montenegro72.612.85.814.6-41.4%
Bosnia and Herzegovina6.733.916.58.89.5%
Croatia0.81.32.30.94.0%
North Macedonia1.310.71.30.2-46.4%
Slovenia3.8N/A4.8N/A12.4%
Others3.01.912.02.3-8.5%
Total88.260.742.626.8-32.8%

Top Export Markets for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) from Serbia in 2022:

  1. Montenegro (3.8K units)
  2. Bosnia and Herzegovina (2.7K units)
  3. Croatia (0.4K units)
  4. North Macedonia (0.1K units)
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