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

Umbrella Market Size in Saudi Arabia

The Saudi umbrella market reduced to $X in 2020, stabilizing at the previous year. In general, the total consumption indicated perceptible growth 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 decreased by +X% against 2018 indices. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Umbrella consumption peaked at $X in 2017; however, from 2018 to 2020, consumption failed to regain the momentum.

Umbrella Production in Saudi Arabia

In value terms, umbrella production dropped rapidly to $X in 2020 estimated in export prices. Overall, the total production indicated a perceptible expansion 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. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Umbrella production peaked at $X in 2019, and then reduced rapidly in the following year.

Umbrella Exports

Exports from Saudi Arabia

In 2020, shipments abroad of umbrellas increased by X% to X tonnes, rising for the second year in a row after two years of decline. Over the period under review, exports, however, recorded a pronounced decrease. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Exports peaked at X tonnes in 2013; however, from 2014 to 2020, exports remained at a lower figure.

In value terms, umbrella exports shrank markedly to $X in 2020. Overall, exports, however, recorded a pronounced decrease. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, exports reached the peak figure at $X in 2013; however, from 2014 to 2020, exports stood at a somewhat lower figure.

Exports by Country

The UK (X tonnes) was the main destination for umbrella exports from Saudi Arabia, accounting for a X% share of total exports. It was followed by Austria (X tonnes), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to the UK amounted to +X%.

In value terms, the UK ($X) remains the key foreign market for umbrella exports from Saudi Arabia, comprising X% of total exports. The second position in the ranking was occupied by Austria ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to the UK totaled +X%.

Export Prices by Country

The average umbrella export price stood at $X per tonne in 2020, reducing by -X% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% y-o-y. Over the period under review, average export prices attained the peak figure at $X per tonne in 2011; however, from 2012 to 2020, export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2020, the country with the highest price was the UK ($X per tonne), while the average price for exports to Austria totaled $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the UK.

Umbrella Imports

Imports into Saudi Arabia

In 2020, imports of umbrellas into Saudi Arabia stood at X kg, approximately reflecting the previous year. Overall, imports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2008 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2010; however, from 2011 to 2020, imports failed to regain the momentum.

In value terms, umbrella imports totaled $X in 2020. In general, imports saw buoyant growth. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. from 2011 to 2020, the growth imports failed to regain the momentum.

Imports by Country

China (X tonnes) and Turkey (X tonnes) were the main suppliers of umbrella imports to Saudi Arabia.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey.

In value terms, China ($X) and Turkey ($X) appeared to be the largest umbrella suppliers to Saudi Arabia. Moreover, umbrella imports in China exceeded the figures recorded by the second-largest supplier, Turkey, more than tenfold.

In terms of the main suppliers, Turkey saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2019, the average umbrella import price amounted to $X per tonne, approximately mirroring the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when the average import price increased by X% year-to-year. As a result, import price reached the peak level of $X per tonne. from 2011 to 2019, the growth in terms of the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Turkey ($X per tonne), while the price for China stood at $X per tonne.

From 2007 to 2019, 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?
+
The country with the largest volume of umbrella consumption was China (308K tonnes), 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 U.S. (103K tonnes) ranked third in terms of total consumption with a 5.8% share.
What are the largest producers of umbrellas in the world?
+
China (804K tonnes) remains the largest umbrella producing country worldwide, comprising approx. 43% of total volume. Moreover, umbrella production in China exceeded the figures recorded by the second-largest producer, India (112K tonnes), sevenfold. The third position in this ranking was occupied by Pakistan (53K tonnes), with a 2.8% share.
What are the leading suppliers of umbrellas to Saudi Arabia?
+
In value terms, the largest umbrella suppliers to Saudi Arabia were China ($6.6M) and Turkey ($324K). Moreover, umbrella imports in China exceeded the figures recorded by the second-largest supplier, Turkey, more than tenfold.
What are the leading importers of umbrellas from Saudi Arabia?
+
In value terms, the UK ($142K) remains the key foreign market for umbrella exports from Saudi Arabia, comprising 96% of total exports. The second position in the ranking was occupied by Austria ($2.8K), with a 1.9% share of total exports.
What is the average export price for umbrellas in Saudi Arabia?
+
The average umbrella export price stood at $3,172 per tonne in 2020, falling by -42.3% against the previous year.
What is the average import price for umbrellas in Saudi Arabia?
+
The average umbrella import price stood at $0 per tonne in 2019, remaining relatively unchanged 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 Saudi Arabia. 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:
• Saudi Arabia

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