U.S. - Umbrellas - Market Analysis, Forecast, Size, Trends And Insights
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View PricingUmbrella Price in the United States - 2023
Contents:
- Umbrella Price in the United States (CIF) - 2023
- Umbrella Price in the United States (FOB) - 2022
- Umbrella Imports in the United States
- Umbrella Exports in the United States
Umbrella Price in the United States (CIF) - 2023
The average umbrella import price stood at $2.4 per unit in September 2023, increasing by 13% against the previous month. In general, the import price showed a modest expansion. The pace of growth was the most pronounced in October 2022 when the average import price increased by 78% against the previous month. Over the period under review, average import prices hit record highs at $5.8 per unit in January 2023; however, from February 2023 to September 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was China ($2.3 per unit), while the price for Cambodia totaled $2.0 per unit.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Cambodia (+12.3%).
Umbrella Price in the United States (FOB) - 2022
In 2022, the average umbrella export price amounted to $8.6 per unit, dropping by -10.8% against the previous year. Over the period under review, the export price, however, showed a strong expansion. The pace of growth was the most pronounced in 2016 when the average export price increased by 44% against the previous year. Over the period under review, the average export prices reached the peak figure at $9.6 per unit in 2021, and then contracted in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($16 per unit), while the average price for exports to Trinidad and Tobago ($2.1 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 China (+26.4%), while the prices for the other major destinations experienced more modest paces of growth.
Umbrella Imports in the United States
In 2022, approx. 142M units of umbrellas were imported into the United States; surging by 27% compared with the previous year. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +11.7% 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 +98.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 56% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, umbrella imports expanded significantly to $640M in 2022. The total import value increased at an average annual rate of +5.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 33% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.
Import of Umbrella in the United States (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 533 | 405 | 537 | 608 | 4.5% |
Cambodia | 3.3 | 3.1 | 4.9 | 7.9 | 33.8% |
Others | 16.9 | 13.6 | 18.4 | 24.0 | 12.4% |
Total | 553 | 422 | 560 | 640 | 5.0% |
Top Suppliers of Umbrella to the United States in 2022:
- China (135.2M units)
- Cambodia (5.5M units)
Umbrella Exports in the United States
In 2022, after two years of decline, there was significant growth in shipments abroad of umbrellas, when their volume increased by 50% to 5.3M units. Over the period under review, total exports indicated slight growth from 2019 to 2022: its volume increased at an average annual rate of +1.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, umbrella exports skyrocketed to $46M in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +13.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.5% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Umbrella in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 13.4 | 16.2 | 24.3 | 20.9 | 16.0% |
China | 0.6 | 0.6 | 0.3 | 10.1 | 156.3% |
Mexico | 3.2 | 2.7 | 2.0 | 4.1 | 8.6% |
Bahamas | 2.4 | 1.7 | 1.3 | 1.3 | -18.5% |
Turks and Caicos Islands | 0.5 | 0.2 | 0.4 | 0.7 | 11.9% |
Japan | 0.3 | 0.1 | 0.1 | 0.6 | 26.0% |
United Kingdom | 0.8 | 0.3 | 0.2 | 0.3 | -27.9% |
Trinidad and Tobago | 0.2 | 0.2 | 0.1 | 0.3 | 14.5% |
Others | 9.7 | 5.2 | 5.7 | 7.7 | -7.4% |
Total | 31.2 | 27.1 | 34.3 | 45.9 | 13.7% |
Top Export Markets for Umbrella from the United States in 2022:
- Canada (2578.2K units)
- China (639.7K units)
- Mexico (442.0K units)
- Bahamas (190.6K units)
- Turks and Caicos Islands (164.1K units)
- Trinidad and Tobago (162.8K units)
- Japan (106.7K units)
- United Kingdom (75.0K units)
This report provides an in-depth analysis of the umbrella market in the U.S.. 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)
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the umbrella market in the U.S..
This report provides an in-depth analysis of the umbrella and walking-stick market in the U.S..
This report provides an in-depth analysis of the global umbrella market.
This report provides an in-depth analysis of the global umbrella and walking-stick market.
This report provides an in-depth analysis of the umbrella market in the U.S..
This report provides an in-depth analysis of the umbrella and walking-stick market in the U.S..
This report provides an in-depth analysis of the global umbrella market.
This report provides an in-depth analysis of the global umbrella market.
This report provides an in-depth analysis of the global umbrella and walking-stick market.
In value terms, umbrella imports fell significantly to $55M in March 2023.
In 2016, the umbrella market amounted to X units. Over the past two years, consumption increased slightly, after experiencing a mild downturn over the previous four year period. Previously, the market recovered with tangible growth, following the si
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 ...
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 ...
From 2007 to 2014, the global umbrella market showed mixed dynamics. A significant drop in 2008-2009 was followed by a sharp increase in 2010-2011, until the market plunged again by X% in 2012.
China dominates in global umbrella production and trade. In 2013, China exported X% of its total umbrella output. Of this amount, X% was supplied to Japan, where Chinese umbrellas held the dominant share of total Japanese consumption and were part
In value terms, umbrella imports fell significantly to $55M in March 2023.
In 2016, the umbrella market amounted to X units. Over the past two years, consumption increased slightly, after experiencing a mild downturn over the previous four year period. Previously, the market recovered with tangible growth, following the si
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 ...
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 ...