United Kingdom: Umbrella And Walking-Stick Market 2024

Umbrella And Walking-Stick Market Size in the UK

The UK umbrella and walking-stick market soared to $X in 2022, increasing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Umbrella and walking-stick consumption peaked in 2022 and is expected to retain growth in the near future.

Umbrella And Walking-Stick Production in the UK

In value terms, umbrella and walking-stick production fell to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Umbrella And Walking-Stick Exports

Exports from the UK

In 2022, overseas shipments of umbrellas and walking-sticks decreased by X% to X units, falling for the fifth year in a row after two years of growth. Overall, exports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2013 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 shrank to $X in 2022. Over the period under review, exports showed a pronounced decrease. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Ireland (X units) was the main destination for umbrella and walking-stick exports from the UK, accounting for a X% share of total exports. Moreover, umbrella and walking-stick exports to Ireland exceeded the volume sent to the second major destination, Germany (X units), threefold. France (X units) ranked third in terms of total exports with a X% share.

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

In value terms, Ireland ($X), the United States ($X) and Germany ($X) constituted the largest markets for umbrella and walking-stick exported from the UK worldwide, with a combined X% share of total exports. Japan, the Netherlands, France, China, Australia, Spain, Sweden, South Korea, Belgium and Norway lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Norway, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average umbrella and walking-stick export price amounted to $X per unit, approximately reflecting the previous year. Over the period under review, the export price, however, saw strong growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per unit in 2021, and then declined modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per unit), while the average price for exports to Spain ($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 Australia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Umbrella And Walking-Stick Imports

Imports into the UK

After two years of decline, overseas purchases of umbrellas and walking-sticks increased by X% to X units in 2022. Overall, imports, however, showed a perceptible downturn. Imports peaked at X units in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, umbrella and walking-stick imports surged to $X in 2022. In general, total imports indicated pronounced 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, imports increased by X% against 2018 indices. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, China (X units) was the main supplier of umbrella and walking-stick to the UK, accounting for a X% share of total imports. It was followed by Taiwan (Chinese) (X units), with a X% share of total imports. Germany (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and Germany (X% per year).

In value terms, China ($X) constituted the largest supplier of umbrellas and walking-sticks to the UK, comprising X% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and Germany (X% per year).

Import Prices by Country

The average umbrella and walking-stick import price stood at $X per unit in 2022, which is down by X% against the previous year. Overall, the import price, however, posted strong growth. The pace of growth was the most pronounced in 2021 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit, and then fell modestly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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