Africa: Umbrella And Walking-Stick Market 2024

Umbrella And Walking-Stick Market Size in Africa

The African umbrella and walking-stick market contracted modestly to $X in 2022, therefore, remained relatively stable against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Umbrella And Walking-Stick Production in Africa

In value terms, umbrella and walking-stick production declined to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 when the production volume increased by X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

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Umbrella And Walking-Stick Exports

Exports in Africa

In 2022, umbrella and walking-stick exports in Africa was estimated at X units, picking up by X% on the year before. Over the period under review, exports, however, continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, umbrella and walking-stick exports rose sharply to $X in 2022. In general, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

South Africa prevails in exports structure, reaching X units, which was approx. X% of total exports in 2022. Mauritius (X units) took the second position in the ranking, followed by Kenya (X units). All these countries together held near X% share of total exports. Rwanda (X units), Tunisia (X units) and Morocco (X units) followed a long way behind the leaders.

Exports from South Africa decreased at an average annual rate of X% from 2012 to 2022. At the same time, Rwanda (X%), Mauritius (X%) and Kenya (X%) displayed positive paces of growth. Moreover, Rwanda emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. By contrast, Morocco (X%) and Tunisia (X%) illustrated a downward trend over the same period. While the share of South Africa (X p.p.), Mauritius (X p.p.), Kenya (X p.p.) and Rwanda (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Tunisia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest umbrella and walking-stick supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by Tunisia ($X), with a X% share of total exports. It was followed by Mauritius, with a X% share.

In South Africa, umbrella and walking-stick exports remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Tunisia (X% per year) and Mauritius (X% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per unit, picking up by X% against the previous year. In general, the export price saw a resilient increase. The pace of growth was the most pronounced in 2018 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Tunisia ($X per unit), while Kenya ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (X%), while the other leaders experienced more modest paces of growth.

Umbrella And Walking-Stick Imports

Imports in Africa

In 2022, purchases abroad of umbrellas and walking-sticks decreased by X% to X units for the first time since 2018, thus ending a three-year rising trend. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports reached the peak figure at X units in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, umbrella and walking-stick imports amounted to $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, South Africa (X units) was the key importer of umbrellas and walking-sticks, mixing up X% of total imports. Kenya (X units) took an X% share (based on physical terms) of total imports, which put it in second place, followed by Djibouti (X%) and Ghana (X%). Ethiopia (X units), Algeria (X units), Guinea (X units), Morocco (X units) and Angola (X units) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to umbrella and walking-stick imports into South Africa stood at X%. At the same time, Guinea (X%), Morocco (X%), Ghana (X%) and Ethiopia (X%) displayed positive paces of growth. Moreover, Guinea emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. Angola and Algeria experienced a relatively flat trend pattern. By contrast, Djibouti (X%) and Kenya (X%) illustrated a downward trend over the same period. South Africa (X p.p.), Ghana (X p.p.), Guinea (X p.p.), Morocco (X p.p.) and Ethiopia (X p.p.) significantly strengthened its position in terms of the total imports, while Kenya saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest umbrella and walking-stick importing markets in Africa were Djibouti ($X), South Africa ($X) and Kenya ($X), together accounting for X% of total imports. Angola, Ghana, Algeria, Ethiopia, Morocco and Guinea lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Guinea, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Africa amounted to $X per unit, picking up by X% against the previous year. Import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, umbrella and walking-stick import price decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, import prices attained the peak figure at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Angola ($X per unit), while South Africa ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Algeria (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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