Russian Federation: Umbrella And Walking-Stick Market 2024

Umbrella And Walking-Stick Market Size in the Russian Federation

In 2022, after two years of growth, there was significant decline in the Russian umbrella and walking-stick market, when its value decreased by X% to $X. In general, consumption continues to indicate a noticeable descent. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Umbrella And Walking-Stick Production in the Russian Federation

In value terms, umbrella and walking-stick production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt slump. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Umbrella And Walking-Stick Exports

Exports from the Russian Federation

In 2022, the amount of umbrellas and walking-sticks exported from Russia declined modestly to X units, waning by X% against 2021. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, umbrella and walking-stick exports fell to $X in 2022. Overall, exports, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2013 when exports increased by X%. The exports peaked at $X in 2021, and then contracted in the following year.

Exports by Country

Kazakhstan (X units) was the main destination for umbrella and walking-stick exports from Russia, with a X% share of total exports. Moreover, umbrella and walking-stick exports to Kazakhstan exceeded the volume sent to the second major destination, Kyrgyzstan (X units), more than tenfold. The third position in this ranking was held by Armenia (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Kazakhstan stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (X% per year) and Armenia (X% per year).

In value terms, Kazakhstan ($X) emerged as the key foreign market for umbrellas and walking-sticks exports from Russia, comprising X% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with a X% share of total exports. It was followed by Armenia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Kazakhstan totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (X% per year) and Armenia (X% per year).

Export Prices by Country

In 2022, the average umbrella and walking-stick export price amounted to $X per unit, shrinking by X% against the previous year. In general, export price indicated resilient growth 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 export price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2013 when the average export price increased by X%. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Armenia ($X per unit), while the average price for exports to France ($X 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 Georgia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Umbrella And Walking-Stick Imports

Imports into the Russian Federation

In 2022, after two years of growth, there was significant decline in overseas purchases of umbrellas and walking-sticks, when their volume decreased by X% to X units. In general, imports showed a perceptible downturn. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Imports peaked at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, umbrella and walking-stick imports contracted slightly to $X in 2022. Overall, imports recorded a perceptible curtailment. The pace of growth was the most pronounced in 2014 when imports increased by X%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X units) was the main supplier of umbrella and walking-stick to Russia, with a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%.

In value terms, China ($X) constituted the largest supplier of umbrellas and walking-sticks to Russia.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to X%.

Import Prices by Country

In 2022, the average umbrella and walking-stick import price amounted to $X per unit, increasing by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Belarus amounted to X% per year.

Source: IndexBox Platform

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