Kuwait - Umbrellas and Walking-Sticks - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Kuwait - Umbrellas and Walking-Sticks - Market Analysis, Forecast, Size, Trends and Insights

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Umbrella and Walking-Stick Price in Kuwait - 2022

Contents:

  1. Umbrella and Walking-Stick Price in Kuwait (CIF) - 2022
  2. Umbrella and Walking-Stick Price in Kuwait (FOB) - 2022
  3. Umbrella and Walking-Stick Imports in Kuwait
  4. Umbrella and Walking-Stick Exports in Kuwait

Umbrella and Walking-Stick Price in Kuwait (CIF) - 2022

The average umbrella and walking-stick import price stood at $7.2 per unit in 2022, which is down by -12.8% against the previous year. Over the period under review, the import price, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 an increase of 50%. As a result, import price attained the peak level of $8.2 per unit, and then fell in the following year.

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 China ($11 per unit), while the price for Pakistan ($1.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Umbrella and Walking-Stick Price in Kuwait (FOB) - 2022

In 2022, the average umbrella and walking-stick export price amounted to $4.1 per unit, surging by 6.9% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average export price increased by 257% against the previous year. As a result, the export price reached the peak level of $16 per unit. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($61 per unit), while the average price for exports to Bahrain ($0.9 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 Iran (+25.4%), while the prices for the other major destinations experienced more modest paces of growth.

Umbrella and Walking-Stick Imports in Kuwait

In 2022, approx. 300K units of umbrellas and walking-sticks were imported into Kuwait; shrinking by -8.7% on the previous year's figure. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 12%. As a result, imports attained the peak of 328K units, and then reduced in the following year.

In value terms, umbrella and walking-stick imports dropped dramatically to $2.1M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +12.0% 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 +40.4% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 69% against the previous year. As a result, imports reached the peak of $2.7M, and then reduced remarkably in the following year.

Import of Umbrella and Walking-Stick in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7867581,3281,05810.4%
Saudi Arabia15124141138837.0%
Turkey14956.829688.1-16.1%
United Arab Emirates44.612739.572.017.3%
Jordan19.129.549.844.332.4%
Pakistan14.712.415.714.4-0.7%
Others3633715524809.8%
Total1,5271,5952,6922,14412.0%

Top Suppliers of Umbrella and Walking-Stick to Kuwait in 2022:

  1. Saudi Arabia (116.3K units)
  2. China (100.7K units)
  3. Jordan (23.2K units)
  4. Pakistan (11.3K units)
  5. United Arab Emirates (11.3K units)
  6. Turkey (10.4K units)

Umbrella and Walking-Stick Exports in Kuwait

After three years of growth, shipments abroad of umbrellas and walking-sticks decreased by -7.9% to 8.4K units in 2022. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +21.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +80.8% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 68% against the previous year. The exports peaked at 9.2K units in 2021, and then reduced in the following year.

In value terms, umbrella and walking-stick exports contracted modestly to $34K in 2022. Overall, exports recorded a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 3.1%. Over the period under review, the exports attained the peak figure at $41K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Umbrella and Walking-Stick in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark9.89.08.88.4-5.0%
Saudi Arabia15.06.67.96.6-23.9%
Spain0.24.95.35.8207.2%
United Arab Emirates2.96.05.75.523.8%
Qatar6.33.03.54.9-8.0%
Switzerland0.22.71.91.491.3%
Bahrain0.20.20.20.1-20.6%
UkraineN/AN/AN/AN/A0%
Others6.51.41.41.4-40.1%
Total41.033.734.834.2-5.9%

Top Export Markets for Umbrella and Walking-Stick from Kuwait in 2022:

  1. Spain (4.3K units)
  2. United Arab Emirates (2.3K units)
  3. Qatar (0.8K units)
  4. Saudi Arabia (0.4K units)
  5. Switzerland (0.3K units)
  6. Bahrain (0.2K units)
  7. Denmark (0.1K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the umbrella and walking-stick market in Kuwait. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 32992130 - Umbrellas, sun umbrellas, walking-stick umbrellas, garden umbrellas and similar umbrellas (excluding umbrella cases)
  • Prodcom 32992150 - Walking-sticks, seat-sticks, whips, riding-crops and the like

Country coverage:

  • Kuwait

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Kuwait
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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In 2016, the global imports of umbrella stood at X tons, import ,therefore, remained relatively stable against the previous year figure. Overall, umbrella imports continue to indicate a relatively ...

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