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

Contents:

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

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

The average export price for umbrellas having a telescopic shaft (excluding garden umbrellas)s stood at $1.5 per unit in 2022, remaining relatively unchanged against the previous year. Overall, the export price continues to indicate a pronounced expansion. The growth pace was the most rapid in 2019 an increase of 58% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for South Korea.

From 2017 to 2022, the rate of growth in terms of prices for South Korea amounted to +29.8% per year.

Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Myanmar (CIF) - 2022

The average import price for umbrellas having a telescopic shaft (excluding garden umbrellas)s stood at $0.4 per unit in 2022, falling by -45.9% against the previous year. Over the period under review, the import price showed a deep reduction. The growth pace was the most rapid in 2018 when the average import price increased by 41% against the previous year. The import price peaked at $3.1 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2013 to 2022, the rate of growth in terms of prices for Japan amounted to -10.0% per year.

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

In 2022, the amount of umbrellas having a telescopic shaft (excluding garden umbrellas)s exported from Myanmar stood at 370K units, flattening at 2021 figures. Overall, exports enjoyed a notable expansion. The smallest decline of -97.7% was in 2020. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of umbrellas having a telescopic shaft (excluding garden umbrellas)s amounted to $541K in 2022. Over the period under review, exports enjoyed a significant expansion. The smallest decline of -97.8% was in 2020. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Export of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea2635.4N/A54127.2%
Taiwan (Chinese)6.10.4N/AN/A-93.4%
OthersN/A0.2N/AN/A0%
Total2695.9N/A54126.2%

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

  1. South Korea (370.2K units)

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

In 2022, purchases abroad of umbrellas having a telescopic shaft (excluding garden umbrellas)s was finally on the rise to reach 813K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports saw a significant increase. As a result, imports reached 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 skyrocketed to $358K in 2022. In general, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China59.538.25.935881.9%
Others0.2N/AN/AN/A0%
Total59.738.25.935881.7%

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

  1. China (812.8K units)
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