Middle East: Umbrella And Walking-Stick Market 2024

Umbrella And Walking-Stick Market Size in the Middle East

In 2022, the Middle Eastern umbrella and walking-stick market increased by X% to $X, rising for the second year in a row after seven years of decline. Overall, consumption continues to indicate a pronounced slump. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Umbrella And Walking-Stick Production in the Middle East

In value terms, umbrella and walking-stick production dropped modestly to $X in 2022 estimated in export price. Over the period under review, production recorded a noticeable downturn. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Umbrella And Walking-Stick Exports

Exports in the Middle East

In 2022, exports of umbrellas and walking-sticks in the Middle East totaled X units, growing by X% on the year before. In general, exports, however, showed a abrupt decrease. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, umbrella and walking-stick exports surged to $X in 2022. Total exports indicated strong growth from 2012 to 2022: its value 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, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

Turkey (X units) and the United Arab Emirates (X units) dominates exports structure, together achieving X% of total exports. It was distantly followed by Saudi Arabia (X units), achieving a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Saudi Arabia (with a CAGR of X%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, Turkey ($X) remains the largest umbrella and walking-stick supplier in the Middle East, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Turkey stood at X%. In the other countries, the average annual rates were as follows: the United Arab Emirates (X% per year) and Saudi Arabia (X% per year).

Export Prices by Country

The export price in the Middle East stood at $X per unit in 2022, jumping by X% against the previous year. In general, the export price showed prominent growth. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, the export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Turkey ($X per unit), while the United Arab Emirates ($X 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 (X%), while the other leaders experienced mixed trends in the export price figures.

Umbrella And Walking-Stick Imports

Imports in the Middle East

After two years of decline, supplies from abroad of umbrellas and walking-sticks increased by X% to X units in 2022. Overall, imports, however, saw a abrupt descent. The pace of growth was the most pronounced in 2019 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, umbrella and walking-stick imports skyrocketed to $X in 2022. Over the period under review, imports, however, showed a noticeable decline. The growth pace was the most rapid in 2019 when imports increased by X%. The level of import peaked at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Turkey (X units), the United Arab Emirates (X units) and Israel (X units) represented the major importer of umbrellas and walking-sticks in the Middle East, creating X% of total import. Iraq (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Iran (X%). The following importers - Kuwait (X units) and Yemen (X units) - each accounted for an X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Kuwait (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the United Arab Emirates ($X), Israel ($X) and Turkey ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports. Iraq, Iran, Kuwait and Yemen lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Iraq, with a CAGR of X%, saw 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 the Middle East amounted to $X per unit, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2014 when the import price increased by X%. Over the period under review, import prices reached the maximum in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($X per unit), while Turkey ($X 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 (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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