Price for Garden or Similar Umbrellas in Turkey - 2023

Contents:

  1. Price for Garden or Similar Umbrellas in Turkey (FOB) - 2022
  2. Price for Garden or Similar Umbrellas in Turkey (CIF) - 2022
  3. Exports of Garden or Similar Umbrellas in Turkey
  4. Imports of Garden or Similar Umbrellas in Turkey

Price for Garden or Similar Umbrellas in Turkey (FOB) - 2022

The average garden or similar umbrellas export price stood at $62 per unit in 2022, rising by 34% against the previous year. In general, the export price continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2018 an increase of 62%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.

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 Israel ($207 per unit), while the average price for exports to Serbia ($10 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 the United Arab Emirates (+15.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Garden or Similar Umbrellas in Turkey (CIF) - 2022

The average garden or similar umbrellas import price stood at $31 per unit in 2022, rising by 76% against the previous year. In general, the import price, however, recorded a deep setback. Over the period under review, average import prices reached the peak figure at $107 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($25 per unit), while the price for Malaysia amounted to $25 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-10.3%).

Exports of Garden or Similar Umbrellas in Turkey

In 2022, garden or similar umbrellas exports from Turkey totaled 92K units, rising by 12% compared with the previous year. Overall, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +17.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +75.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 57% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, garden or similar umbrellas exports soared to $5.8M in 2022. In general, exports recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 61%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Garden or Similar Umbrellas in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
EgyptN/A0.218.28036236.4%
Cyprus24616814260434.9%
United Arab Emirates17391.127347740.2%
Israel89.388.224835157.8%
Azerbaijan11511214229737.2%
Morocco11410111227333.8%
IranN/A64.73.619473.2%
Algeria47.624.34.282.920.3%
Czech Republic0.50.83.081.9447.1%
Serbia66.858.861.679.96.2%
Albania25.620.545.261.834.1%
Kazakhstan4.780.299.348.5117.7%
Senegal4.22.20.934.0100.8%
Others1,6231,5642,6802,36913.4%
Total2,5102,3763,8335,75731.9%

Top Export Markets for Garden or Similar Umbrellas from Turkey in 2022:

  1. Iran (15.1K units)
  2. Cyprus (13.9K units)
  3. Serbia (7.6K units)
  4. Algeria (6.0K units)
  5. Albania (5.9K units)
  6. Egypt (4.6K units)
  7. Morocco (3.5K units)
  8. Senegal (3.1K units)
  9. United Arab Emirates (2.8K units)
  10. Czech Republic (2.6K units)
  11. Azerbaijan (2.2K units)
  12. Israel (1.7K units)
  13. Kazakhstan (1.7K units)

Imports of Garden or Similar Umbrellas in Turkey

After three years of growth, purchases abroad of garden or similar umbrellases decreased by -40.2% to 87K units in 2022. Over the period under review, imports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 69%. As a result, imports attained the peak of 145K units, and then declined dramatically in the following year.

In value terms, garden or similar umbrellas imports rose significantly to $2.7M in 2022. Overall, imports, however, showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 94% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Garden or Similar Umbrellas in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia7357391,5251,08113.7%
China2723715561,04656.7%
Others23323552160637.5%
Total1,2401,3442,6022,73330.1%

Top Suppliers of Garden or Similar Umbrellas to Turkey in 2022:

  1. Malaysia (43.0K units)
  2. China (41.2K units)
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