Price for Garden or Similar Umbrellas in the Dominican Republic - 2023
Contents:
- Price for Garden or Similar Umbrellas in the Dominican Republic (CIF) - 2022
- Price for Garden or Similar Umbrellas in the Dominican Republic (FOB) - 2022
- Imports of Garden or Similar Umbrellas in the Dominican Republic
- Exports of Garden or Similar Umbrellas in the Dominican Republic
Price for Garden or Similar Umbrellas in the Dominican Republic (CIF) - 2022
The average garden or similar umbrellas import price stood at $6.3 per unit in 2022, shrinking by -15.6% against the previous year. Overall, the import price recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2015 when the average import price increased by 43% against the previous year. As a result, import price attained the peak level of $25 per unit. From 2016 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($6.4 per unit), while the price for Mexico ($3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Garden or Similar Umbrellas in the Dominican Republic (FOB) - 2022
The average garden or similar umbrellas export price stood at $14 per unit in 2022, surging by 70% against the previous year. Overall, the export price, however, faced a deep reduction. The export price peaked at $85 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($213 per unit), while the average price for exports to Uruguay ($9.9 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 Bahamas (+9.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Garden or Similar Umbrellas in the Dominican Republic
In 2022, approx. 501K units of garden or similar umbrellases were imported into the Dominican Republic; increasing by 60% compared with 2021 figures. Overall, imports saw a mild increase. The pace of growth was the most pronounced in 2021 with an increase of 92%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, garden or similar umbrellas imports skyrocketed to $3.2M in 2022. Over the period under review, imports saw prominent growth. The growth pace was the most rapid in 2021 when imports increased by 90%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Garden or Similar Umbrellas in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,749 | 879 | 1,480 | 2,423 | 11.5% |
| United States | 604 | 156 | 459 | 383 | -14.1% |
| Indonesia | 0.6 | N/A | 0.1 | 53.3 | 346.2% |
| Mexico | 3.3 | 2.3 | 18.3 | 34.7 | 119.1% |
| Others | 324 | 200 | 398 | 282 | -4.5% |
| Total | 2,681 | 1,238 | 2,355 | 3,176 | 5.8% |
Top Suppliers of Garden or Similar Umbrellas to the Dominican Republic in 2022:
- China (407.2K units)
- United States (60.2K units)
- Indonesia (12.2K units)
- Mexico (11.5K units)
Exports of Garden or Similar Umbrellas in the Dominican Republic
In 2022, after three years of growth, there was significant decline in shipments abroad of garden or similar umbrellases, when their volume decreased by -33.4% to 1K units. Over the period under review, exports, however, saw a significant increase. The growth pace was the most rapid in 2021 when exports increased by 922% against the previous year. As a result, the exports attained the peak of 1.6K units, and then reduced notably in the following year.
In value terms, garden or similar umbrellas exports rose sharply to $15K in 2022. In general, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 184% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.
| Export of Garden or Similar Umbrellas in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uruguay | N/A | N/A | N/A | 9.9 | 0% |
| United States | 0.1 | N/A | 0.7 | 3.4 | 224.0% |
| Barbados | 0.6 | 0.8 | 2.2 | N/A | 91.5% |
| Saint Lucia | 0.7 | 0.9 | 2.5 | N/A | 89.0% |
| Venezuela | N/A | N/A | 1.4 | N/A | 0% |
| Trinidad and Tobago | 0.5 | 0.5 | 1.2 | N/A | 54.9% |
| Panama | 0.7 | 0.9 | 2.3 | N/A | 81.3% |
| Others | 1.2 | 1.5 | 3.0 | 1.7 | 12.3% |
| Total | 3.8 | 4.7 | 13.3 | 15.0 | 58.0% |
Top Export Markets for Garden or Similar Umbrellas from the Dominican Republic in 2022:
- Uruguay (1000.0 units)
- United States (16.0 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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