Price for Garden or Similar Umbrellas in Azerbaijan - 2023
Contents:
- Price for Garden or Similar Umbrellas in Azerbaijan (CIF) - 2022
- Imports of Garden or Similar Umbrellas in Azerbaijan
Price for Garden or Similar Umbrellas in Azerbaijan (CIF) - 2022
The average garden or similar umbrellas import price stood at $31 per unit in 2022, which is down by -13% against the previous year. Overall, the import price saw a drastic downturn. The pace of growth appeared the most rapid in 2013 an increase of 34%. The import price peaked at $101 per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
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 Turkey ($129 per unit), while the price for China stood at $11 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Garden or Similar Umbrellas in Azerbaijan
In 2022, the amount of garden or similar umbrellases imported into Azerbaijan dropped to 14K units, shrinking by -11.9% compared with the previous year's figure. Overall, imports, however, continue to indicate a remarkable increase. The growth pace was the most rapid in 2021 with an increase of 130%. As a result, imports attained the peak of 16K units, and then reduced in the following year.
In value terms, garden or similar umbrellas imports dropped notably to $439K in 2022. Over the period under review, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 168% against the previous year. As a result, imports reached the peak of $572K, and then fell dramatically in the following year.
| Import of Garden or Similar Umbrellas in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 72.8 | 76.7 | 242 | 307 | 61.6% |
| China | 47.2 | 54.3 | 113 | 129 | 39.8% |
| Others | 84.1 | 82.5 | 218 | 3.5 | -65.3% |
| Total | 204 | 213 | 572 | 439 | 29.1% |
Top Suppliers of Garden or Similar Umbrellas to Azerbaijan in 2022:
- China (11.7K units)
- Turkey (2.4K units)
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