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

Contents:

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

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

In 2022, the average import price for umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s amounted to $3.1 per unit, picking up by 1.9% against the previous year. Over the period under review, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s increased by +82.3% against 2016 indices. The most prominent rate of growth was recorded in 2017 an increase of 47%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($7.8 per unit), while the price for Japan ($2.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+4.6%), 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 Singapore (FOB) - 2022

In 2022, the average export price for umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s amounted to $5.6 per unit, rising by 6.6% against the previous year. In general, the export price enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2013 when the average export price increased by 193%. Over the period under review, the average export prices reached the peak figure at $5.8 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($22 per unit), while the average price for exports to Malaysia ($1.4 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 Canada (+16.5%), 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 Singapore

In 2022, imports of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s into Singapore skyrocketed to 2.9M units, jumping by 36% compared with 2021 figures. In general, imports, however, showed a slight setback. Imports peaked at 3M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s skyrocketed to $8.9M in 2022. Over the period under review, total imports indicated a temperate expansion from 2019 to 2022: its value increased at an average annual rate of +2.1% 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 +77.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.04.15.27.00.0%
Malaysia0.30.20.30.732.6%
Japan0.30.30.30.30.0%
Cambodia0.10.10.10.226.0%
Others0.60.40.50.60.0%
Total8.35.06.48.92.4%

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

  1. China (2585.8K units)
  2. Japan (126.2K units)
  3. Malaysia (83.6K units)
  4. Cambodia (52.3K units)

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

In 2022, the amount of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s exported from Singapore skyrocketed to 246K units, growing by 60% on 2021 figures. Over the period under review, exports, however, showed a perceptible descent. The exports peaked at 275K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s skyrocketed to $1.4M in 2022. In general, exports showed a prominent increase. The pace of growth appeared the most rapid in 2021 when exports increased by 92% against the previous year. The exports peaked 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 Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia46.018.928632692.1%
Canada0.1N/AN/A2921329.3%
Hong Kong SAR13278.11621586.2%
Indonesia19371.6110132-11.9%
Vietnam38.512.45.277.626.3%
Malaysia13940.547.373.4-19.2%
Philippines72.819.044.364.8-3.8%
Thailand31.814.18.750.016.3%
China1235.06.12.8-71.7%
Others280159135197-11.1%
Total1,0574188041,3749.1%

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

  1. Malaysia (54.3K units)
  2. Hong Kong SAR (43.1K units)
  3. Indonesia (41.0K units)
  4. Vietnam (34.6K units)
  5. Canada (16.1K units)
  6. Thailand (15.7K units)
  7. Australia (14.6K units)
  8. Philippines (7.4K units)
  9. China (0.3K units)
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