Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Ghana - 2022

Contents:

  1. Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Ghana (CIF) - 2022
  2. Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Ghana (FOB) - 2022
  3. Imports of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Ghana
  4. Exports of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Ghana

Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Ghana (CIF) - 2022

The average import price for umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s stood at $7.1 per unit in 2022, with a decrease of -3% against the previous year. Over the period under review, the import price, however, posted a measured expansion. The most prominent rate of growth was recorded in 2014 an increase of 180% against the previous year. Over the period under review, average import prices reached the maximum at $26 per unit in 2015; however, from 2016 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 +5.1% per year.

Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Ghana (FOB) - 2022

The average export price for umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s stood at $3.8 per unit in 2022, which is down by -4.4% against the previous year. Over the period under review, the export price showed a pronounced decline. The most prominent rate of growth was recorded in 2017 when the average export price increased by 24%. Over the period under review, the average export prices hit record highs at $6.2 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($23 per unit), while the average price for exports to Canada ($1.1 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 Canada (+9.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Ghana

In 2022, approx. 826K units of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s were imported into Ghana; picking up by 1.8% on 2021 figures. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 401% against the previous year. As a result, imports attained the peak of 842K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s reduced to $5.9M in 2022. Overall, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 586% against the previous year. Over the period under review, imports of attained the peak figure at $5.9M in 2021, and then dropped modestly in the following year.

Import of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Ghana (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.75.75.75.598.8%
Others0.10.10.20.344.2%
Total0.85.85.95.994.6%

Top Suppliers of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) to Ghana in 2022:

  1. China (818.1K units)

Exports of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Ghana

In 2022, approx. 3.6K units of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s were exported from Ghana; jumping by 125% on the previous year's figure. In general, exports showed a relatively flat trend pattern. The exports peaked at 4.9K units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s skyrocketed to $14K in 2022. Over the period under review, exports, however, continue to indicate a deep setback. Over the period under review, the exports of reached the peak figure at $21K in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Export of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Burkina Faso4.55.81.53.5-8.0%
United States1.22.10.73.238.7%
Togo7.67.41.42.5-31.0%
Cote d'Ivoire0.11.70.71.8162.1%
Nigeria0.51.00.81.647.4%
Netherlands1.01.10.20.5-20.6%
Canada0.30.1N/A0.1-30.7%
Others2.11.91.10.5-38.0%
Total17.321.06.413.7-7.5%

Top Export Markets for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) from Ghana in 2022:

  1. Cote d'Ivoire (1096.0 units)
  2. Burkina Faso (928.0 units)
  3. Togo (674.0 units)
  4. Nigeria (431.0 units)
  5. Netherlands (139.0 units)
  6. United States (137.0 units)
  7. Canada (81.0 units)
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