Price for Garden or Similar Umbrellas in Ghana - 2023
Contents:
- Price for Garden or Similar Umbrellas in Ghana (CIF) - 2022
- Price for Garden or Similar Umbrellas in Ghana (FOB) - 2022
- Imports of Garden or Similar Umbrellas in Ghana
- Exports of Garden or Similar Umbrellas in Ghana
Price for Garden or Similar Umbrellas in Ghana (CIF) - 2022
In 2022, the average garden or similar umbrellas import price amounted to $15 per unit, with an increase of 60% against the previous year. In general, the import price, however, continues to indicate a perceptible reduction. Over the period under review, average import prices attained the maximum at $27 per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($23 per unit), while the price for Cote d'Ivoire ($10 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Garden or Similar Umbrellas in Ghana (FOB) - 2022
In 2022, the average garden or similar umbrellas export price amounted to $26 per unit, with an increase of 101% against the previous year. Overall, the export price, however, recorded a noticeable contraction. The pace of growth was the most pronounced in 2017 an increase of 283% against the previous year. The export price peaked at $61 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($42 per unit), while the average price for exports to Sierra Leone ($8 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 Guinea (+28.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Garden or Similar Umbrellas in Ghana
In 2022, after two years of decline, there was significant decline in overseas purchases of garden or similar umbrellases, when their volume decreased by -19.7% to 39K units. In general, imports, however, showed a significant increase. Over the period under review, imports attained the peak figure at 48K units in 2021, and then reduced dramatically in the following year.
In value terms, garden or similar umbrellas imports surged to $565K in 2022. Overall, imports, however, posted prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Garden or Similar Umbrellas in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 205 | N/A | 178 | 236 | 4.8% |
| South Africa | 5.0 | N/A | 8.5 | 14.9 | 43.9% |
| Hong Kong SAR | 9.6 | N/A | 0.3 | 7.5 | -7.9% |
| Others | 263 | N/A | 253 | 307 | 5.3% |
| Total | 483 | N/A | 440 | 565 | 5.4% |
Top Suppliers of Umbrellas and Sun Umbrellas; Garden or Similar Umbrellas to Ghana in 2022:
- China (16.9K units)
- South Africa (0.8K units)
- Hong Kong SAR (0.3K units)
Exports of Garden or Similar Umbrellas in Ghana
In 2022, approx. 12 units of garden or similar umbrellases were exported from Ghana; surging by 9.1% against 2021 figures. Over the period under review, exports posted resilient 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 skyrocketed to $314 in 2022. In general, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Garden or Similar Umbrellas in Ghana (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 56.0 | N/A | 60.0 | 84.0 | 14.5% |
| United States | 1.0 | N/A | 1.0 | 39.0 | 239.1% |
| United Kingdom | 3.0 | N/A | 2.0 | 32.0 | 120.1% |
| Guinea | 2.0 | N/A | 3.0 | 25.0 | 132.1% |
| South Africa | 2.0 | N/A | 1.0 | 17.0 | 104.1% |
| Sierra Leone | 2.0 | N/A | 1.0 | 8.0 | 58.7% |
| France | N/A | N/A | 70.0 | N/A | 0% |
| Others | 46.0 | N/A | 5.0 | 109 | 33.3% |
| Total | 112 | N/A | 143 | 314 | 41.0% |
Top Export Markets for Umbrellas and Sun Umbrellas; Garden or Similar Umbrellas from Ghana in 2022:
- Guinea (2.0 units)
- Cote d'Ivoire (2.0 units)
- United States (1.0 units)
- South Africa (1.0 units)
- United Kingdom (1.0 units)
- Sierra Leone (1.0 units)
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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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