Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Hong Kong SAR - 2023
Contents:
- Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Hong Kong SAR (CIF) - 2023
- Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Hong Kong SAR (FOB) - 2023
- Imports of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Hong Kong SAR
- Exports of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Hong Kong SAR
Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Hong Kong SAR (CIF) - 2023
In October 2023, the average import price for umbrellas having a telescopic shaft (excluding garden umbrellas)s amounted to $4.6 per unit, growing by 18% against the previous month. Over the period under review, import price indicated moderate growth from November 2022 to October 2023: its price increased at an average monthly rate of +2.2% over the last eleven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for umbrellas having a telescopic shaft (excluding garden umbrellas)s increased by +43.9% against July 2023 indices. The most prominent rate of growth was recorded in June 2023 an increase of 66% month-to-month. As a result, import price attained the peak level of $5.7 per unit. From July 2023 to October 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($6.7 per unit), while the price for Malaysia ($3.8 per unit) was amongst the lowest.
From November 2022 to October 2023, the most notable rate of growth in terms of prices was attained by China (+3.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Hong Kong SAR (FOB) - 2023
The average export price for umbrellas having a telescopic shaft (excluding garden umbrellas)s stood at $5.4 per unit in October 2023, which is down by -5.9% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in August 2023 an increase of 34% against the previous month. The export price peaked at $5.9 per unit in June 2023; however, from July 2023 to October 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was Japan ($15.1 per unit), while the average price for exports to the United States ($3.0 per unit) was amongst the lowest.
From November 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Hong Kong SAR
In 2022, the amount of umbrellas having a telescopic shaft (excluding garden umbrellas)s imported into Hong Kong SAR dropped sharply to 1.4M units, reducing by -51.5% on the previous year's figure. Over the period under review, imports faced a dramatic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 204% against the previous year. Over the period under review, imports of reached the maximum at 5.4M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of umbrellas having a telescopic shaft (excluding garden umbrellas)s fell sharply to $4.8M in 2022. Overall, imports recorded a sharp reduction. The growth pace was the most rapid in 2021 when imports increased by 156%. Imports peaked at $14M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 11.5 | 1.9 | 6.8 | 3.5 | -32.7% |
| Japan | 0.6 | 0.6 | 0.6 | 0.5 | -5.9% |
| Cambodia | 0.2 | 0.1 | 0.1 | 0.3 | 14.5% |
| Taiwan (Chinese) | 0.1 | 0.2 | 0.2 | 0.2 | 26.0% |
| Philippines | 0.4 | 0.2 | N/A | N/A | -50.0% |
| Myanmar | 0.2 | N/A | N/A | N/A | 0% |
| Others | 0.5 | 0.4 | 0.5 | 0.3 | -15.7% |
| Total | 13.6 | 3.2 | 8.2 | 4.8 | -29.3% |
Top Suppliers of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) to Hong Kong SAR in 2022:
- China (1239.8K units)
- Japan (66.6K units)
- Cambodia (49.4K units)
- Taiwan (Chinese) (21.5K units)
Exports of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Hong Kong SAR
Exports of umbrellas having a telescopic shaft (excluding garden umbrellas)s from Hong Kong SAR declined modestly to 226K units in 2022, waning by -4.5% against the previous year's figure. Over the period under review, exports continue to indicate a sharp contraction. Over the period under review, the exports of hit record highs at 5.1M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of umbrellas having a telescopic shaft (excluding garden umbrellas)s contracted to $1.1M in 2022. In general, exports showed a sharp contraction. The smallest decline of -8.3% was in 2021. The exports peaked at $15M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Macao SAR | 237 | 138 | 150 | 182 | -8.4% |
| China | 768 | 361 | 342 | 180 | -38.3% |
| United States | 3,190 | 185 | 139 | 145 | -64.3% |
| France | 144 | 12.1 | 23.7 | 65.1 | -23.3% |
| Switzerland | 457 | 23.6 | 31.3 | 61.5 | -48.8% |
| Singapore | 35.8 | 19.8 | 35.3 | 59.6 | 18.5% |
| Japan | 1,038 | 110 | 142 | 54.7 | -62.5% |
| Thailand | 56.2 | 8.1 | 33.9 | 51.7 | -2.7% |
| Australia | 52.3 | 25.4 | 36.9 | 37.0 | -10.9% |
| Taiwan (Chinese) | 522 | 26.9 | 42.8 | 29.5 | -61.6% |
| United Kingdom | 115 | 107 | 31.0 | 22.9 | -41.6% |
| Germany | 4,321 | 23.5 | 2.3 | 16.2 | -84.5% |
| Spain | 938 | 21.7 | 2.2 | 12.5 | -76.3% |
| Others | 2,716 | 262 | 201 | 179 | -59.6% |
| Total | 14,590 | 1,323 | 1,213 | 1,096 | -57.8% |
Top Export Markets for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) from Hong Kong SAR in 2022:
- Macao SAR (45.2K units)
- United States (45.0K units)
- Japan (18.6K units)
- China (16.1K units)
- Switzerland (11.1K units)
- Singapore (10.0K units)
- France (9.9K units)
- Australia (9.6K units)
- United Kingdom (8.1K units)
- Thailand (7.8K units)
- Germany (5.7K units)
- Spain (4.8K units)
- Taiwan (Chinese) (3.5K units)
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In 2016, the umbrella market amounted to X units. Over the past two years, consumption increased slightly, after experiencing a mild downturn over the previous four year period. Previously, the market recovered with tangible growth, following the si
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In 2016, the global imports of umbrella stood at X tons, import ,therefore, remained relatively stable against the previous year figure. Overall, umbrella imports continue to indicate a relatively ...
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In 2016, the global imports of umbrella stood at X tons, import ,therefore, remained relatively stable against the previous year figure. Overall, umbrella imports continue to indicate a relatively ...
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