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

Contents:

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

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

The average import price for umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s stood at $5.6 per unit in December 2023, picking up by 76% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $5.8 per unit in January 2023; however, from February 2023 to December 2023, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In December 2023, the country with the highest price was China ($5.5 per unit), while the price for Cambodia totaled $4.7 per unit.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by China (-0.1%).

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

In 2022, the average export price for umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s amounted to $7.5 per unit, reducing by -24.3% against the previous year. Overall, the export price, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2013 an increase of 53% against the previous year. Over the period under review, the average export prices reached the maximum at $9.9 per unit in 2021, and then declined notably in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($21 per unit), while the average price for exports to Antigua and Barbuda ($2 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 Mexico (+26.2%), 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 the United States

In 2022, the amount of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s imported into the United States soared to 144M units, with an increase of 29% against the year before. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +12.3% 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 +101.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 57%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, imports of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s expanded sharply to $640M in 2022. The total import value increased at an average annual rate of +5.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 33%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Import of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5334055376084.5%
Others20.216.723.231.816.3%
Total5534225606405.0%

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

  1. China (141.8M units)

Exports of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in the United States

In 2022, after two years of decline, there was significant growth in shipments abroad of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s, when their volume increased by 77% to 6.2M units. Overall, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +6.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s skyrocketed to $46M in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +13.8% 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 +69.5% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada13.416.224.320.916.0%
China0.60.60.310.1156.3%
Mexico3.22.72.04.18.6%
Bahamas2.41.71.31.3-18.5%
Turks and Caicos Islands0.50.20.40.711.9%
United Kingdom0.80.30.20.3-27.9%
Trinidad and Tobago0.20.20.10.314.5%
Dominican Republic0.70.20.10.3-24.6%
Antigua and Barbuda0.20.1N/A0.20.0%
Others9.15.15.77.7-5.4%
Total31.227.134.345.913.7%

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

  1. China (3140.9K units)
  2. Canada (1161.5K units)
  3. Bahamas (275.0K units)
  4. Mexico (199.5K units)
  5. Antigua and Barbuda (123.9K units)
  6. United Kingdom (103.3K units)
  7. Dominican Republic (102.8K units)
  8. Trinidad and Tobago (85.4K units)
  9. Turks and Caicos Islands (75.1K units)
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