Umbrella Price in the United Arab Emirates - 2021

Contents:

  1. Umbrella Price in the United Arab Emirates (CIF) - 2022
  2. Umbrella Price in the United Arab Emirates (FOB) - 2022
  3. Umbrella Imports in the United Arab Emirates
  4. Umbrella Exports in the United Arab Emirates

Umbrella Price in the United Arab Emirates (CIF) - 2022

The average umbrella import price stood at $10 per unit in 2022, shrinking by -24.7% against the previous year. In general, the import price, however, showed resilient growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 98% against the previous year. Over the period under review, average import prices hit record highs at $14 per unit in 2021, and then declined remarkably in the following year.

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 +15.1% per year.

Umbrella Price in the United Arab Emirates (FOB) - 2022

In 2022, the average umbrella export price amounted to $4.1 per unit, shrinking by -31.6% against the previous year. Over the period under review, the export price recorded a mild contraction. The pace of growth appeared the most rapid in 2021 an increase of 54%. As a result, the export price reached the peak level of $6.1 per unit, and then shrank significantly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($3.2 per unit), while the average price for exports to Latvia ($1.2 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 Latvia (+21.7%), while the prices for the other major destinations experienced more modest paces of growth.

Umbrella Imports in the United Arab Emirates

Umbrella imports into the United Arab Emirates surged to 1.7M units in 2022, with an increase of 28% on the year before. In general, imports, however, saw a noticeable contraction. Imports peaked at 2.1M units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, umbrella imports contracted slightly to $17M in 2022. The total import value increased at an average annual rate of +3.6% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 7.4%. Imports peaked at $18M in 2021, and then shrank modestly in the following year.

Import of Umbrella in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12.113.114.714.56.2%
Others3.63.73.32.9-7.0%
Total15.716.818.017.43.5%

Top Suppliers of Umbrella to the United Arab Emirates in 2022:

  1. China (1605.0K units)

Umbrella Exports in the United Arab Emirates

In 2022, after two years of decline, there was significant growth in shipments abroad of umbrellas, when their volume increased by 66% to 299K units. Over the period under review, exports, however, showed a abrupt shrinkage. The exports peaked at 444K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, umbrella exports expanded significantly to $1.2M in 2022. Overall, exports, however, faced a drastic downturn. The exports peaked at $2.1M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Umbrella in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1,10267021.3571-19.7%
France23.941.232.982.050.8%
LatviaN/A7.53.67.2-2.0%
Seychelles13272.166.0N/A-29.3%
Oman206268518N/A58.6%
Maldives82.0N/A69.3N/A-8.1%
Others5723283805780.3%
Total2,1171,3861,0911,239-16.4%

Top Export Markets for Umbrella from the United Arab Emirates in 2022:

  1. India (208.0K units)
  2. France (25.3K units)
  3. Latvia (6.1K units)

Source: IndexBox Market Intelligence Platform

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