Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Australia - 2024

Contents:

  1. Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Australia (CIF) - 2024
  2. Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Australia (FOB) - 2022
  3. Imports of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Australia
  4. Exports of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Australia

Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Australia (CIF) - 2024

In November 2023, the average import price for umbrellas having a telescopic shaft (excluding garden umbrellas)s amounted to $5.4 per unit, surging by 15% against the previous month. Over the period under review, the import price saw a resilient expansion. The most prominent rate of growth was recorded in October 2023 when the average import price increased by 45% against the previous month. The import price peaked in November 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Cambodia ($7.0 per unit), while the price for Malaysia ($3.6 per unit) was amongst the lowest.

From January 2023 to November 2023, the most notable rate of growth in terms of prices was attained by China (+8.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Australia (FOB) - 2022

The average export price for umbrellas having a telescopic shaft (excluding garden umbrellas)s stood at $16 per unit in 2022, picking up by 9.6% against the previous year. In general, the export price, however, saw a perceptible contraction. The pace of growth appeared the most rapid in 2020 when the average export price increased by 204% against the previous year. Over the period under review, the average export prices attained the peak figure at $25 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($103 per unit), while the average price for exports to New Zealand ($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 Canada (+193.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Australia

In 2022, the amount of umbrellas having a telescopic shaft (excluding garden umbrellas)s imported into Australia skyrocketed to 3.2M units, rising by 60% compared with 2021 figures. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +11.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +91.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of umbrellas having a telescopic shaft (excluding garden umbrellas)s surged to $9.2M in 2022. In general, imports continue to indicate a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.34.25.38.818.4%
Others0.30.30.20.410.1%
Total5.64.55.69.218.0%

Top Suppliers of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) to Australia in 2022:

  1. China (3.2M units)

Exports of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Australia

In 2022, shipments abroad of umbrellas having a telescopic shaft (excluding garden umbrellas)s was finally on the rise to reach 16K units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a sharp shrinkage. Over the period under review, the exports of hit record highs at 43K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of umbrellas having a telescopic shaft (excluding garden umbrellas)s soared to $255K in 2022. Over the period under review, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand89.511.316.41055.5%
Ireland1.426.931.865.7260.7%
Papua New Guinea19.620.34.441.928.8%
United KingdomN/AN/A3.624.9591.7%
Fiji0.30.7N/A11.3235.2%
Hong Kong SAR1.47.612.0N/A192.8%
CanadaN/A36.50.9N/A-97.5%
Others22.93.940.06.2-35.3%
Total13510710925523.6%

Top Export Markets for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) from Australia in 2022:

  1. New Zealand (11.7K units)
  2. Ireland (1.8K units)
  3. Papua New Guinea (1.7K units)
  4. Fiji (0.6K units)
  5. United Kingdom (0.2K units)
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