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Mexico - Umbrellas - Market Analysis, Forecast, Size, Trends and Insights
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Mexico: Umbrella Market Overview 2021

Umbrella Market Size in Mexico

The Mexican umbrella market contracted to $X in 2020, reducing by -X% against the previous year. Over the period under review, the total consumption indicated a noticeable increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2012 when the market value increased by X% y-o-y. Over the period under review, the market attained the maximum level at $X in 2019, and then fell slightly in the following year.

Umbrella Production in Mexico

In value terms, umbrella production soared to $X in 2020 estimated in export prices. Overall, the total production indicated a buoyant increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2017 indices. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Umbrella Exports

Exports from Mexico

In 2020, shipments abroad of umbrellas decreased by -X% to X tonnes, falling for the fourth consecutive year after five years of growth. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when exports increased by X% y-o-y. Over the period under review, exports attained the peak figure at X tonnes in 2016; however, from 2017 to 2020, exports failed to regain the momentum.

In value terms, umbrella exports fell markedly to $X in 2020. In general, exports showed a measured increase. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, exports attained the maximum at $X in 2016; however, from 2017 to 2020, exports stood at a somewhat lower figure.

Exports by Country

The U.S. (X tonnes) was the main destination for umbrella exports from Mexico, accounting for a approx. X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to the U.S. totaled +X%.

In value terms, the U.S. ($X) also remains the key foreign market for umbrella exports from Mexico.

From 2007 to 2020, the average annual rate of growth in terms of value to the U.S. totaled +X%.

Export Prices by Country

In 2020, the average umbrella export price amounted to $X per tonne, picking up by X% against the previous year. Over the period under review, export price indicated a measured expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, umbrella export price increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2015 an increase of X% year-to-year. The export price peaked in 2020 and is likely to continue growth in years to come.

As there is only one major export destination, the average price level is determined by prices for the U.S..

From 2007 to 2020, the rate of growth in terms of prices for the U.S. amounted to +X% per year.

Umbrella Imports

Imports into Mexico

In 2020, overseas purchases of umbrellas decreased by -X% to X tonnes, falling for the second consecutive year after five years of growth. Overall, imports, however, showed a temperate increase. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

In value terms, umbrella imports shrank notably to $X in 2020. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X% y-o-y. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, China (X tonnes) constituted the largest supplier of umbrella to Mexico, accounting for a X% share of total imports. Moreover, umbrella imports from China exceeded the figures recorded by the second-largest supplier, the U.S. (X tonnes), sevenfold.

From 2007 to 2020, the average annual rate of growth in terms of volume from China stood at +X%.

In value terms, China ($X) constituted the largest supplier of umbrella to Mexico, comprising X% of total imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value from China was relatively modest.

Import Prices by Country

The average umbrella import price stood at $X per tonne in 2020, with a decrease of -X% against the previous year. In general, the import price continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2009 when the average import price increased by X% year-to-year. Over the period under review, average import prices attained the maximum at $X per tonne in 2012; however, from 2013 to 2020, import prices failed to regain the momentum.

Average prices varied noticeably amongst the major supplying countries. In 2020, the country with the highest price was China ($X per tonne), while the price for the U.S. amounted to $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for umbrellas in the world?
+
China (308K tonnes) constituted the country with the largest volume of umbrella consumption, comprising approx. 17% of total volume. Moreover, umbrella consumption in China exceeded the figures recorded by the second-largest consumer, India (115K tonnes), threefold. The third position in this ranking was occupied by the U.S. (103K tonnes), with a 5.8% share.
What are the largest producers of umbrellas in the world?
+
China (804K tonnes) constituted the country with the largest volume of umbrella production, accounting for 43% of total volume. Moreover, umbrella production in China exceeded the figures recorded by the second-largest producer, India (112K tonnes), sevenfold. Pakistan (53K tonnes) ranked third in terms of total production with a 2.8% share.
What are the leading suppliers of umbrellas to Mexico?
+
In value terms, China ($20M) constituted the largest supplier of umbrella to Mexico, comprising 90% of total imports. The second position in the ranking was occupied by the U.S. ($2.2M), with a 10% share of total imports.
What are the leading importers of umbrellas from Mexico?
+
In value terms, the U.S. ($1.3M) remains the key foreign market for umbrella exports from Mexico.
What is the average export price for umbrellas in Mexico?
+
In 2020, the average umbrella export price amounted to $10,102 per tonne, rising by 6.4% against the previous year.
What is the average import price for umbrellas in Mexico?
+
The average umbrella import price stood at $3,952 per tonne in 2020, dropping by -8.2% against the previous year.

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

This report provides an in-depth analysis of the umbrella market in Mexico. 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 2025.


Country coverage:
• Mexico

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Mexico
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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