Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in South Korea - 2022
Contents:
- Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in South Korea (CIF) - 2022
- Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in South Korea (FOB) - 2022
- Imports of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in South Korea
- Exports of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in South Korea
Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in South Korea (CIF) - 2022
The average import price for umbrellas having a telescopic shaft (excluding garden umbrellas)s stood at $2.9 per unit in 2022, reducing by -2.1% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 27% against the previous year. Over the period under review, average import prices hit record highs at $3.1 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($2.9 per unit), while the price for China totaled $2.9 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (-0.3%).
Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in South Korea (FOB) - 2022
The average export price for umbrellas having a telescopic shaft (excluding garden umbrellas)s stood at $5.1 per unit in 2022, shrinking by -9.8% against the previous year. Over the period under review, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for umbrellas having a telescopic shaft (excluding garden umbrellas)s increased by +14.9% against 2020 indices. The pace of growth was the most pronounced in 2017 when the average export price increased by 68%. The export price peaked at $5.7 per unit in 2021, and then shrank in the following year.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Thailand ($5.1 per unit) and Vietnam ($5.1 per unit), while the average price for exports to Indonesia ($5.1 per unit) and Singapore ($5.1 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guam (+12.2%), 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 South Korea
In 2022, supplies from abroad of umbrellas having a telescopic shaft (excluding garden umbrellas)s increased by 28% to 15M units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a deep setback. Imports peaked at 18M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of umbrellas having a telescopic shaft (excluding garden umbrellas)s skyrocketed to $45M in 2022. In general, imports, however, showed a noticeable curtailment. Over the period under review, imports of hit record highs at $49M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 35.7 | 30.0 | 30.0 | 38.9 | 2.9% |
| Vietnam | 12.6 | 7.2 | 5.7 | 5.3 | -25.1% |
| Others | 0.5 | 0.2 | 0.2 | 0.8 | 17.0% |
| Total | 48.8 | 37.4 | 35.9 | 45.1 | -2.6% |
Top Suppliers of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) to South Korea in 2022:
- China (13.2M units)
- Vietnam (1.8M units)
Exports of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in South Korea
Exports of umbrellas having a telescopic shaft (excluding garden umbrellas)s from South Korea rose significantly to 32K units in 2022, growing by 13% on the previous year. Over the period under review, exports, however, recorded a deep reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 50% against the previous year. The exports peaked at 50K 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 rose modestly to $161K in 2022. In general, exports, however, saw a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 92%. The exports peaked at $243K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 62.3 | 12.0 | 30.9 | 47.4 | -8.7% |
| United States | 16.2 | 8.7 | 32.2 | 24.0 | 14.0% |
| Mexico | N/A | N/A | N/A | 22.3 | 0% |
| Vietnam | 76.0 | 19.8 | 0.7 | 12.6 | -45.1% |
| Taiwan (Chinese) | 0.9 | 0.5 | 0.2 | 10.4 | 126.1% |
| Philippines | N/A | N/A | 0.1 | 10.4 | 10300.0% |
| Japan | 76.6 | 31.5 | 55.9 | 6.9 | -55.2% |
| Indonesia | N/A | 3.2 | N/A | 5.0 | 25.0% |
| Thailand | N/A | N/A | 1.8 | 4.4 | 144.4% |
| Singapore | 0.8 | N/A | N/A | 3.5 | 63.6% |
| Hong Kong SAR | N/A | N/A | 27.3 | 3.5 | -87.2% |
| Guam | N/A | N/A | N/A | 2.9 | 0% |
| Others | 10.3 | 6.5 | 8.6 | 7.8 | -8.9% |
| Total | 243 | 82.3 | 158 | 161 | -12.8% |
Top Export Markets for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) from South Korea in 2022:
- China (9.3K units)
- United States (4.7K units)
- Mexico (4.4K units)
- Vietnam (2.5K units)
- Taiwan (Chinese) (2.0K units)
- Philippines (2.0K units)
- Japan (1.4K units)
- Indonesia (1.0K units)
- Thailand (0.9K units)
- Singapore (0.7K units)
- Hong Kong SAR (0.7K units)
- Guam (0.6K 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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