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

Contents:

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

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

In July 2023, the average import price for umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s amounted to $1.1 per unit, waning by -80.8% against the previous month. Over the period under review, the import price faced a drastic downturn. The pace of growth was the most pronounced in January 2023 when the average import price increased by 13% m-o-m. The import price peaked at $6.0 per unit in June 2023, and then fell sharply in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Hungary ($2.0 per unit), while the price for China amounted to $982 per thousand units.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Hungary (-5.5%).

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

The average export price for umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s stood at $5.9 per unit in 2022, falling by -22.4% against the previous year. Overall, the export price, however, recorded a pronounced expansion. The most prominent rate of growth was recorded in 2020 an increase of 415%. The export price peaked at $16 per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +275.7% per year.

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

In 2022, the amount of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s imported into Pakistan skyrocketed to 466K units, growing by 30% on 2021. Over the period under review, imports, however, showed a slight downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 31% against the previous year. As a result, imports reached the peak of 644K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s soared to $2.3M in 2022. Overall, imports, however, showed a relatively flat trend pattern. Imports peaked at $3.2M in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Import of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Pakistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.43.21.71.8-9.1%
HungaryN/AN/AN/A0.60%
OthersN/AN/AN/AN/A0%
Total2.43.21.72.3-1.4%

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

  1. China (340.3K units)
  2. Hungary (119.9K units)

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

In 2022, the amount of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s exported from Pakistan fell dramatically to 104 units, shrinking by -99.3% compared with 2021. In general, exports recorded a dramatic decrease. The pace of growth appeared the most rapid in 2021 with an increase of 609% against the previous year. Over the period under review, the exports of attained the peak figure at 45K 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 dropped markedly to $614 in 2022. Overall, exports saw a dramatic contraction. The growth pace was the most rapid in 2021 when exports increased by 331% against the previous year. Over the period under review, the exports of hit record highs at $109K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/A0.1N/A0.6144.9%
Germany10.6N/AN/AN/A0%
QatarN/AN/A48.6N/A0%
Philippines9.1N/AN/AN/A0%
Oman15.1N/AN/AN/A0%
NetherlandsN/AN/A53.2N/A0%
Saudi Arabia45.519.0N/AN/A-58.2%
Others29.06.16.4N/A-53.0%
Total10925.11080.6-82.3%

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

  1. United Arab Emirates (104.0 units)
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