Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Panama - 2023

Contents:

  1. Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Panama (CIF) - 2022
  2. Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Panama (FOB) - 2022
  3. Imports of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Panama
  4. Exports of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Panama

Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Panama (CIF) - 2022

In 2022, the average import price for umbrellas having a telescopic shaft (excluding garden umbrellas)s amounted to $2.9 per unit, shrinking by -1.6% against the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 26%. The import price peaked at $3.1 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($2.9 per unit) and Colombia ($2.9 per unit), while the price for Free Zones ($2.9 per unit) and China ($2.9 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-0.6%), while the prices for the other major suppliers experienced a decline.

Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Panama (FOB) - 2022

In 2022, the average export price for umbrellas having a telescopic shaft (excluding garden umbrellas)s amounted to $2.9 per unit, reducing by -5.4% against the previous year. Over the period under review, the export price, however, enjoyed a measured expansion. The growth pace was the most rapid in 2018 an increase of 55% against the previous year. Over the period under review, the average export prices attained the maximum at $3.1 per unit in 2021, and then shrank in the following year.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Belize ($3.1 per unit) and Guatemala ($3 per unit), while the average price for exports to Uruguay ($2.4 per unit) and Suriname ($2.5 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+12.0%), while the prices for the other major destinations experienced a decline.

Imports of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Panama

In 2022, purchases abroad of umbrellas having a telescopic shaft (excluding garden umbrellas)s was finally on the rise to reach 957K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a sharp setback. Over the period under review, imports of hit record highs at 4M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of umbrellas having a telescopic shaft (excluding garden umbrellas)s soared to $2.8M in 2022. In general, imports, however, recorded a dramatic decrease. Imports peaked at $9.9M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8,5003,9867021,127-49.0%
Free Zones1,0193597751,011-0.3%
Colombia16.54.22.3354177.9%
United States24546.2225213-4.6%
Hong Kong SAR54.824.79.670.99.0%
Others86.314616.942.8-20.8%
Total9,9224,5661,7312,820-34.3%

Top Suppliers of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) to Panama in 2022:

  1. China (382.6K units)
  2. Free Zones (343.2K units)
  3. Colombia (120.2K units)
  4. United States (72.1K units)
  5. Hong Kong SAR (24.1K units)

Exports of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Panama

After two years of decline, overseas shipments of umbrellas having a telescopic shaft (excluding garden umbrellas)s increased by 657% to 56K units in 2022. Over the period under review, exports showed a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of umbrellas having a telescopic shaft (excluding garden umbrellas)s soared to $164K in 2022. Overall, exports recorded a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Costa Rica10834.112.31296.1%
Ecuador1.20.3N/A11.4111.8%
UruguayN/AN/AN/A9.50%
BelizeN/AN/A3.33.69.1%
SurinameN/A2.5N/A2.3-4.1%
Guatemala3.319.13.4N/A1.5%
Others8.34.34.08.92.4%
Total12160.322.916410.7%

Top Export Markets for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) from Panama in 2022:

  1. Costa Rica (43.6K units)
  2. Uruguay (4.0K units)
  3. Ecuador (3.9K units)
  4. Belize (1.1K units)
  5. Suriname (0.9K units)
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