CIS: Umbrella And Walking-Stick Market 2024

Umbrella And Walking-Stick Market Size in CIS

The CIS umbrella and walking-stick market contracted slightly to $X in 2022, shrinking by X% against the previous year. Over the period under review, consumption saw a mild setback. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Umbrella And Walking-Stick Production in CIS

In value terms, umbrella and walking-stick production declined to $X in 2022 estimated in export price. Overall, production showed a perceptible setback. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

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Umbrella And Walking-Stick Exports

Exports in CIS

In 2022, exports of umbrellas and walking-sticks in the CIS stood at X units, picking up by X% on the previous year's figure. Overall, exports posted resilient growth. 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 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, umbrella and walking-stick exports soared to $X in 2022. In general, exports saw a remarkable increase. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Belarus dominates exports structure, resulting at X units, which was near X% of total exports in 2022. Russia (X units) followed a long way behind the leaders.

Belarus was also the fastest-growing in terms of the umbrellas and walking-sticks exports, with a CAGR of X% from 2012 to 2022. Russia experienced a relatively flat trend pattern. Belarus (X p.p.) significantly strengthened its position in terms of the total exports, while Russia saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Belarus ($X) remains the largest umbrella and walking-stick supplier in the CIS, comprising X% of total exports. The second position in the ranking was held by Russia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Belarus totaled X%.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per unit, picking up by X% against the previous year. In general, the export price, however, showed a slight contraction. The growth pace was the most rapid in 2019 an increase of X%. The level of export peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per unit), while Belarus totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%).

Umbrella And Walking-Stick Imports

Imports in CIS

In 2022, the amount of umbrellas and walking-sticks imported in the CIS reduced to X units, leveling off at the previous year. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X%. The volume of import peaked at X units in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, umbrella and walking-stick imports rose to $X in 2022. Over the period under review, imports showed a slight slump. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Russia represented the key importer of umbrellas and walking-sticks in the CIS, with the volume of imports resulting at X units, which was approx. X% of total imports in 2022. Belarus (X units) ranks second in terms of the total imports with a X% share, followed by Kazakhstan (X%). Tajikistan (X units), Azerbaijan (X units) and Kyrgyzstan (X units) followed a long way behind the leaders.

Imports into Russia decreased at an average annual rate of X% from 2012 to 2022. At the same time, Azerbaijan (X%), Tajikistan (X%), Belarus (X%), Kazakhstan (X%) and Kyrgyzstan (X%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Belarus, Azerbaijan, Tajikistan and Kazakhstan increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported umbrellas and walking-sticks in the CIS, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with an X% share of total imports. It was followed by Tajikistan, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (X% per year) and Tajikistan (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per unit in 2022, rising by X% against the previous year. In general, the import price, however, continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2014 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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