Price for Garden or Similar Umbrellas in Luxembourg - 2023

Contents:

  1. Price for Garden or Similar Umbrellas in Luxembourg (CIF) - 2023
  2. Price for Garden or Similar Umbrellas in Luxembourg (FOB) - 2022
  3. Imports of Garden or Similar Umbrellas in Luxembourg
  4. Exports of Garden or Similar Umbrellas in Luxembourg

Price for Garden or Similar Umbrellas in Luxembourg (CIF) - 2023

In August 2023, the average garden or similar umbrellas import price amounted to $30.6 per unit, almost unchanged from the previous month. Overall, the import price, however, continues to indicate a modest expansion. The growth pace was the most rapid in April 2023 an increase of 6.1% m-o-m. The import price peaked at $30.7 per unit in July 2023, and then reduced slightly in the following month.

Average prices varied noticeably amongst the major supplying countries. In August 2023, the countries with the highest prices were France ($30.6 per unit) and Belgium ($30.6 per unit), while the price for Italy ($30.2 per unit) and the Netherlands ($30.5 per unit) were amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Austria (+1.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average garden or similar umbrellas export price amounted to $51 per unit, jumping by 33% against the previous year. Overall, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 an increase of 41%. As a result, the export price reached the peak level of $78 per unit. From 2018 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($76 per unit), while the average price for exports to the Netherlands ($11 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 France (+0.8%), while the prices for the other major destinations experienced a decline.

Imports of Garden or Similar Umbrellas in Luxembourg

In 2022, supplies from abroad of garden or similar umbrellases decreased by -17.3% to 37K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +11.1% 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 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 34%. As a result, imports reached the peak of 45K units, and then fell rapidly in the following year.

In value terms, garden or similar umbrellas imports declined remarkably to $1.7M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +12.3% 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 +41.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 35%. As a result, imports reached the peak of $2.1M, and then fell significantly in the following year.

Import of Garden or Similar Umbrellas in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China26436942243217.8%
Germany19239243533320.1%
Austria2652894182963.8%
Belgium20318827929613.4%
Switzerland130142154120-2.6%
France32.895.916657.620.6%
Netherlands35.020.246.149.512.2%
Slovakia0.219.29.619.2357.9%
Others57.844.717071.07.1%
Total1,1801,5592,1001,67312.3%

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

  1. China (10.7K units)
  2. Austria (10.3K units)
  3. Belgium (4.3K units)
  4. Germany (3.8K units)
  5. France (3.2K units)
  6. Netherlands (1.9K units)
  7. Slovakia (0.7K units)
  8. Switzerland (0.6K units)

Exports of Garden or Similar Umbrellas in Luxembourg

For the fourth consecutive year, Luxembourg recorded growth in overseas shipments of garden or similar umbrellases, which increased by 3.9% to 4.6K units in 2022. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 131% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, garden or similar umbrellas exports soared to $233K in 2022. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 80% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Garden or Similar Umbrellas in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France55.764.786.316844.5%
Belgium18.624.373.355.744.1%
Germany1.33.46.98.284.8%
Netherlands1.71.42.31.3-8.6%
Others1.00.2N/AN/A-80.0%
Total78.293.916923343.9%

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

  1. France (2202.0 units)
  2. Belgium (2057.0 units)
  3. Germany (190.0 units)
  4. Netherlands (113.0 units)
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