Price for Garden or Similar Umbrellas in Australia - 2023

Contents:

  1. Price for Garden or Similar Umbrellas in Australia (CIF) - 2022
  2. Price for Garden or Similar Umbrellas in Australia (FOB) - 2022
  3. Imports of Garden or Similar Umbrellas in Australia
  4. Exports of Garden or Similar Umbrellas in Australia

Price for Garden or Similar Umbrellas in Australia (CIF) - 2022

In 2022, the average garden or similar umbrellas import price amounted to $38 per unit, growing by 6.1% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 38%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +0.3% per year.

Price for Garden or Similar Umbrellas in Australia (FOB) - 2022

The average garden or similar umbrellas export price stood at $164 per unit in 2022, approximately equating the previous year. In general, the export price saw a noticeable decline. The growth pace was the most rapid in 2018 when the average export price increased by 166% against the previous year. The export price peaked at $229 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($267 per unit), while the average price for exports to Papua New Guinea ($35 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 China (+20.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Garden or Similar Umbrellas in Australia

In 2022, garden or similar umbrellas imports into Australia dropped to 773K units, which is down by -9.2% on 2021 figures. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +6.2% 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 +37.2% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 51% against the previous year. As a result, imports attained the peak of 852K units, and then fell in the following year.

In value terms, garden or similar umbrellas imports dropped slightly to $30M in 2022. In general, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 108% against the previous year. As a result, imports attained the peak of $31M, and then fell in the following year.

Import of Garden or Similar Umbrellas in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China15.914.129.528.020.8%
Others0.90.71.31.621.1%
Total16.814.830.829.720.9%

Top Suppliers of Garden or Similar Umbrellas to Australia in 2022:

  1. China (758.0K units)

Exports of Garden or Similar Umbrellas in Australia

After two years of decline, shipments abroad of garden or similar umbrellases increased by 128% to 6.4K units in 2022. In general, exports, however, showed a pronounced curtailment. Over the period under review, the exports attained the peak figure at 6.8K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, garden or similar umbrellas exports soared to $1M in 2022. Overall, exports continue to indicate resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Garden or Similar Umbrellas in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States91.299.024354781.7%
China33.80.1N/A21083.8%
New Zealand15211499.6118-8.1%
Indonesia16.941.445.549.643.2%
Papua New Guinea1037.16.49.7-54.5%
Others27458464.3113-25.6%
Total6718464591,04816.0%

Top Export Markets for Garden or Similar Umbrellas from Australia in 2022:

  1. New Zealand (2.8K units)
  2. United States (2.0K units)
  3. China (0.8K units)
  4. Papua New Guinea (0.3K units)
  5. Indonesia (0.2K units)
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