Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Hong Kong SAR - 2023
Contents:
- Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Hong Kong SAR (CIF) - 2022
- Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Hong Kong SAR (FOB) - 2023
- Imports of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Hong Kong SAR
- Exports of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Hong Kong SAR
Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s amounted to $3.6 per unit, rising by 13% against the previous year. Overall, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s decreased by -5.6% against 2020 indices. The pace of growth was the most pronounced in 2020 when the average import price increased by 36%. As a result, import price reached the peak level of $3.8 per unit. From 2021 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($7.6 per unit), while the price for China ($2.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cambodia (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Hong Kong SAR (FOB) - 2023
In November 2023, the average export price for umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s amounted to $7.5 per unit, increasing by 24% against the previous month. Overall, export price indicated a notable expansion from November 2022 to November 2023: its price increased at an average monthly rate of +3.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, export price for umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s increased by +70.7% against July 2023 indices. The most prominent rate of growth was recorded in October 2023 an increase of 32% m-o-m. The export price peaked at $7.8 per unit in January 2023; however, from February 2023 to November 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was Macao SAR ($17.1 per unit), while the average price for exports to Poland ($3.2 per unit) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+13.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Hong Kong SAR
In 2022, imports of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s into Hong Kong SAR fell significantly to 2.4M units, reducing by -33.5% on the year before. Over the period under review, imports saw a sharp curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 106%. Imports peaked at 7.7M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s fell rapidly to $8.5M in 2022. Overall, imports continue to indicate a dramatic decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 71%. Imports peaked at $22M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 18.1 | 3.6 | 8.6 | 6.0 | -30.8% |
| Japan | 0.9 | 0.7 | 0.8 | 0.7 | -8.0% |
| Cambodia | 0.2 | 0.2 | 0.5 | 0.5 | 35.7% |
| Philippines | 0.6 | 0.2 | N/A | N/A | -66.7% |
| Others | 1.9 | 1.9 | 1.5 | 1.3 | -11.9% |
| Total | 21.7 | 6.6 | 11.3 | 8.5 | -26.8% |
Top Suppliers of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) to Hong Kong SAR in 2022:
- China (2107.3K units)
- Japan (98.9K units)
- Cambodia (76.7K units)
Exports of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Hong Kong SAR
In 2022, overseas shipments of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s increased by 11% to 412K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a significant decrease. Over the period under review, the exports of attained the maximum at 6.1M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s contracted to $2.3M in 2022. Overall, exports, however, recorded a sharp reduction. The smallest decline of -3.6% was in 2021. Over the period under review, the exports of attained the peak figure at $20M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3,796 | 227 | 565 | 421 | -52.0% |
| China | 1,321 | 900 | 436 | 316 | -37.9% |
| Macao SAR | 443 | 340 | 406 | 302 | -12.0% |
| Japan | 1,709 | 181 | 233 | 153 | -55.3% |
| United Kingdom | 705 | 179 | 190 | 132 | -42.8% |
| Switzerland | 663 | 43.3 | 56.3 | 93.0 | -48.0% |
| South Korea | 93.0 | 83.6 | 23.6 | 88.1 | -1.8% |
| Singapore | 130 | 27.0 | 56.9 | 87.1 | -12.5% |
| France | 179 | 19.1 | 38.1 | 86.1 | -21.6% |
| Thailand | 76.3 | 12.4 | 36.5 | 84.4 | 3.4% |
| Germany | 4,608 | 28.5 | 18.4 | 48.5 | -78.1% |
| Philippines | 81.2 | 13.8 | 3.7 | 28.3 | -29.6% |
| Canada | 155 | 22.9 | 12.1 | 25.3 | -45.3% |
| Others | 5,678 | 563 | 470 | 388 | -59.1% |
| Total | 19,638 | 2,640 | 2,545 | 2,253 | -51.4% |
Top Export Markets for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) from Hong Kong SAR in 2022:
- United States (99.6K units)
- Macao SAR (61.3K units)
- Japan (31.4K units)
- China (30.4K units)
- United Kingdom (22.5K units)
- Switzerland (16.5K units)
- France (15.4K units)
- Singapore (14.9K units)
- Thailand (12.3K units)
- Germany (9.9K units)
- South Korea (8.5K units)
- Philippines (8.2K units)
- Canada (7.0K units)
422
This report provides an in-depth analysis of the umbrella and walking-stick market in Hong Kong SAR, China.
3525
This report provides an in-depth analysis of the global umbrella and walking-stick market.
1599
This report provides an in-depth analysis of the global umbrella market.
422
This report provides an in-depth analysis of the umbrella and walking-stick market in Hong Kong SAR, China.
617
This report provides an in-depth analysis of the global umbrella market.
3525
This report provides an in-depth analysis of the global umbrella and walking-stick market.
1599
This report provides an in-depth analysis of the global umbrella market.
4300
In 2016, the umbrella market amounted to X units. Over the past two years, consumption increased slightly, after experiencing a mild downturn over the previous four year period. Previously, the market recovered with tangible growth, following the si
1007
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 ...
4045
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 ...
4468
From 2007 to 2014, the global umbrella market showed mixed dynamics. A significant drop in 2008-2009 was followed by a sharp increase in 2010-2011, until the market plunged again by X% in 2012.
2311
China dominates in global umbrella production and trade. In 2013, China exported X% of its total umbrella output. Of this amount, X% was supplied to Japan, where Chinese umbrellas held the dominant share of total Japanese consumption and were part
4300
In 2016, the umbrella market amounted to X units. Over the past two years, consumption increased slightly, after experiencing a mild downturn over the previous four year period. Previously, the market recovered with tangible growth, following the si
1007
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 ...
4045
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 ...
4468
From 2007 to 2014, the global umbrella market showed mixed dynamics. A significant drop in 2008-2009 was followed by a sharp increase in 2010-2011, until the market plunged again by X% in 2012.
2311
China dominates in global umbrella production and trade. In 2013, China exported X% of its total umbrella output. Of this amount, X% was supplied to Japan, where Chinese umbrellas held the dominant share of total Japanese consumption and were part
