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

Contents:

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

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

In 2022, the average import price for umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s amounted to $5.1 per unit, picking up by 13% against the previous year. In general, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +4.3% 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 +100.1% against 2017 indices. The most prominent rate of growth was recorded in 2018 an increase of 33%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.

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 +4.3% per year.

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

In 2022, the average export price for umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s amounted to $9.2 per unit, jumping by 23% against the previous year. In general, the export price, however, continues to indicate a perceptible contraction. The growth pace was the most rapid in 2014 when the average export price increased by 48% against the previous year. As a result, the export price attained the peak level of $17 per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($12 per unit), while the average price for exports to Tanzania ($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 Tanzania (+3.2%), while the prices for the other major destinations experienced a decline.

Imports of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Ethiopia

In 2022, imports of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s into Ethiopia dropped significantly to 1.3M units, waning by -28.5% on the year before. Overall, imports showed a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 9.1%. Over the period under review, imports of attained the peak figure at 1.9M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s contracted dramatically to $6.6M in 2022. The total import value increased at an average annual rate of +1.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 42%. As a result, imports attained the peak of $8.2M, and then contracted significantly in the following year.

Import of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Ethiopia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.35.78.26.51.0%
Others0.10.1N/A0.226.0%
Total6.45.88.26.61.0%

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

  1. China (1272.6K units)

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

In 2022, the amount of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s exported from Ethiopia skyrocketed to 657 units, increasing by 927% compared with the year before. Over the period under review, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of umbrellas; sun umbrellas (including walking stick umbrellas, garden umbrellas and similar umbrellas)s soared to $6K in 2022. In general, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Umbrellas; Sun Umbrellas (Including Walking Stick Umbrellas, Garden Umbrellas and Similar Umbrellas) in Ethiopia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany10.014723.02,376519.4%
South SudanN/AN/AN/A3300%
Belgium25.053.0N/A316132.9%
Cote d'IvoireN/AN/A108258138.9%
DenmarkN/AN/A27.0212685.2%
Democratic Republic of the CongoN/AN/AN/A2080%
GreeceN/AN/AN/A1760%
Italy78.0600N/A43.0-18.0%
Sweden197N/A2.010.0-63.0%
TanzaniaN/A595N/A4.0-91.8%
ChinaN/A211N/AN/A0%
Gabon200N/AN/AN/A0%
Netherlands4801569.0N/A-86.3%
Others1,6931,6133082,0907.3%
Total2,6833,3754776,02330.9%

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

  1. Germany (325.0 units)
  2. South Sudan (59.0 units)
  3. Cote d'Ivoire (46.0 units)
  4. Denmark (37.0 units)
  5. Belgium (32.0 units)
  6. Greece (31.0 units)
  7. Democratic Republic of the Congo (17.0 units)
  8. Italy (7.0 units)
  9. Sweden (3.0 units)
  10. Tanzania (1.0 units)
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