Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Serbia - 2024

Contents:

  1. Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Serbia (CIF) - 2022
  2. Price for Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Serbia (FOB) - 2024
  3. Imports of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Serbia
  4. Exports of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Serbia

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

In 2022, the average import price for umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s amounted to $2.7 per unit, reducing by -10% against the previous year. Over the period under review, the import price continues to indicate a pronounced reduction. The pace of growth was the most pronounced in 2014 when the average import price increased by 23% against the previous year. As a result, import price attained the peak level of $4.3 per unit. From 2015 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ukraine ($134 per unit), while the price for China ($2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+57.9%), 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 Serbia (FOB) - 2024

The average export price for umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s stood at $4.0 per unit in December 2023, surging by 16% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 when the average export price increased by 41% m-o-m. The export price peaked at $9.5 per unit in July 2023; however, from August 2023 to December 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In December 2023, the country with the highest price was Bulgaria ($9.1 per unit), while the average price for exports to Italy ($1.8 per unit) was amongst the lowest.

From January 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Albania (+6.4%), 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 Serbia

Imports of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s into Serbia skyrocketed to 2.2M units in 2022, growing by 35% on the year before. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +10.7% 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 +50.3% against 2020 indices. 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 skyrocketed to $5.9M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +10.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 35% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the near future.

Import of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Serbia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.82.43.34.315.4%
Others1.51.21.51.50.0%
Total4.33.64.85.911.1%

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

  1. China (2.1M units)

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

In 2022, shipments abroad of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s decreased by -3.5% to 193K units for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +16.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 59% against the previous year. As a result, the exports reached the peak of 200K units, and then fell in the following year.

In value terms, exports of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s rose remarkably to $861K in 2022. The total export value increased at an average annual rate of +1.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 30% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in the near future.

Export of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Montenegro275153194232-5.5%
Croatia13393.017521918.1%
Bosnia and Herzegovina1411371781665.6%
North Macedonia73.670.210688.16.2%
Albania16.110.610.349.545.4%
Slovenia31.956.430.331.1-0.8%
Bulgaria33.515.522.226.4-7.6%
Others10950.843.249.0-23.4%
Total8135867598611.9%

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

  1. Croatia (50.3K units)
  2. Bosnia and Herzegovina (42.5K units)
  3. Montenegro (32.4K units)
  4. North Macedonia (25.6K units)
  5. Albania (17.3K units)
  6. Bulgaria (8.1K units)
  7. Slovenia (6.6K units)
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