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

Contents:

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

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

In 2022, the average import price for umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s amounted to $6 per unit, rising by 13% against the previous year. Overall, the import price saw a prominent increase. The pace of growth appeared the most rapid in 2013 when the average import price increased by 65% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($11 per unit), while the price for China totaled $5.7 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+18.2%).

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

The average export price for umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s stood at $21.5 per unit in December 2023, approximately equating the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2023 an increase of 96% against the previous month. As a result, the export price reached the peak level of $27.0 per unit. From August 2023 to December 2023, the the average export prices remained at a somewhat lower figure.

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

From February 2023 to December 2023, the rate of growth in terms of prices for the United States amounted to -2.4% per month.

Imports of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Mexico

In 2022, supplies from abroad of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s was finally on the rise to reach 5.4M units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a abrupt curtailment. Over the period under review, imports of reached the peak figure at 7.5M 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 surged to $33M in 2022. Overall, total imports indicated slight growth from 2019 to 2022: its value increased at an average annual rate of +1.8% 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 +55.8% against 2020 indices. 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 Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China27.818.520.928.91.3%
United States2.52.21.33.612.9%
Others0.90.30.10.4-23.7%
Total31.121.122.332.91.9%

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

  1. China (5.1M units)
  2. United States (0.3M units)

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

In 2022, the amount of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s exported from Mexico skyrocketed to 290K units, surging by 51% on the previous year's figure. Overall, exports, however, recorded a noticeable decline. Over the period under review, the exports of reached the peak figure at 317K 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 surged to $3.4M in 2022. In general, exports, however, continue to indicate a pronounced shrinkage. The exports peaked at $3.8M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.71.72.23.2-4.7%
GuatemalaN/AN/AN/A0.10%
HondurasN/AN/AN/A0.10%
Others0.1N/AN/A0.10.0%
Total3.81.82.33.4-3.6%

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

  1. United States (258.6K units)
  2. Honduras (14.5K units)
  3. Guatemala (10.7K units)
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