Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Italy - 2023

Contents:

  1. Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Italy (CIF) - 2023
  2. Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Italy (FOB) - 2022
  3. Imports of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Italy
  4. Exports of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Italy

Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Italy (CIF) - 2023

The average import price for umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s stood at $3.2 per unit in December 2023, dropping by -5.9% against the previous month. Overall, the import price recorded a noticeable setback. The pace of growth appeared the most rapid in September 2023 an increase of 58% m-o-m. Over the period under review, average import prices hit record highs at $8.2 per unit in March 2023; however, from April 2023 to December 2023, 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 December 2022 to December 2023, the rate of growth in terms of prices for Spain amounted to +2.2% per month.

Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Italy (FOB) - 2022

The average export price for umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s stood at $15 per unit in 2022, with an increase of 9.8% against the previous year. Overall, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.3% 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; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s increased by +103.3% against 2015 indices. The pace of growth appeared the most rapid in 2019 an increase of 14% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($33 per unit), while the average price for exports to the Czech Republic ($3.5 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 Switzerland (+13.2%), 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 Italy

In 2022, purchases abroad of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s was finally on the rise to reach 22M units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, total imports indicated a modest expansion from 2019 to 2022: its volume increased at an average annual rate of +1.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s soared to $125M in 2022. Overall, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China58.449.767.110120.0%
GreeceN/AN/AN/A5.30%
Germany2.92.93.64.112.2%
Spain2.51.52.03.511.9%
Others7.15.96.911.417.1%
Total71.060.179.612520.7%

Top Suppliers of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) to Italy in 2022:

  1. China (17.6M units)
  2. Greece (1.5M units)
  3. Spain (0.7M units)
  4. Germany (0.6M units)

Exports of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Italy

Exports of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s from Italy amounted to 2.6M units in 2022, approximately equating the year before. Overall, exports, however, recorded a perceptible decline. The pace of growth was the most pronounced in 2021 when exports increased by 26% against the previous year. The exports peaked at 2.8M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s totaled $40M in 2022. In general, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +7.6% 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 +56.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Export of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France6.04.86.66.21.1%
United States2.41.63.24.321.5%
Spain2.92.12.74.112.2%
Germany3.62.93.63.3-2.9%
United Kingdom2.22.42.32.99.6%
Switzerland1.41.01.62.012.6%
Croatia1.50.60.91.4-2.3%
Greece0.90.60.91.03.6%
Belgium0.70.71.00.84.6%
Slovenia0.50.40.50.66.3%
Latvia0.20.30.50.426.0%
Lithuania0.40.30.40.3-9.1%
Czech Republic0.20.20.30.20.0%
Others9.57.911.812.910.7%
Total32.425.736.340.37.5%

Top Export Markets for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) from Italy in 2022:

  1. Spain (479.6K units)
  2. France (397.1K units)
  3. United States (201.4K units)
  4. United Kingdom (170.8K units)
  5. Germany (128.6K units)
  6. Belgium (107.7K units)
  7. Slovenia (89.1K units)
  8. Latvia (77.7K units)
  9. Croatia (74.9K units)
  10. Czech Republic (70.0K units)
  11. Greece (69.7K units)
  12. Lithuania (65.3K units)
  13. Switzerland (59.4K units)
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