Global Umbrella And Walking-Stick Market 2022

Umbrella And Walking-Stick Market Size

The global umbrella and walking-stick market skyrocketed to $X in 2021, with an increase of X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Umbrella And Walking-Stick Production

In value terms, umbrella and walking-stick production totaled $X in 2021 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. Over the period under review, global production hit record highs at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Production By Country

The country with the largest volume of umbrella and walking-stick production was China (X tonnes), comprising approx. X% of total volume. Moreover, umbrella and walking-stick production in China exceeded the figures recorded by the second-largest producer, Bangladesh (X tonnes), more than tenfold. Vietnam (X tonnes) ranked third in terms of total production with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume in China amounted to -X%. The remaining producing countries recorded the following average annual rates of production growth: Bangladesh (+X% per year) and Vietnam (+X% per year).

Umbrella And Walking-Stick Exports

Exports

In 2021, shipments abroad of umbrellas and walking-sticks decreased by -X% to X tonnes, falling for the second consecutive year after three years of growth. Over the period under review, exports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2017 when exports increased by X%. Over the period under review, the global exports hit record highs at X tonnes in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, umbrella and walking-stick exports expanded remarkably to $X in 2021. In general, exports saw a relatively flat trend pattern. The global exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

China dominates exports structure, amounting to X tonnes, which was approx. X% of total exports in 2021. The following exporters - the Netherlands (X tonnes), Cambodia (X tonnes) and Germany (X tonnes) - together made up X% of total exports.

Exports from China decreased at an average annual rate of -X% from 2012 to 2021. At the same time, Cambodia (+X%) and the Netherlands (+X%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2012-2021. By contrast, Germany (-X%) illustrated a downward trend over the same period. While the share of Cambodia (+X p.p.) and the Netherlands (+X p.p.) increased significantly in terms of the global exports from 2012-2021, the share of China (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest umbrella and walking-stick supplier worldwide, comprising X% of global exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of global exports. It was followed by Germany, with a X% share.

From 2012 to 2021, the average annual growth rate of value in China was relatively modest. In the other countries, the average annual rates were as follows: the Netherlands (+X% per year) and Germany (+X% per year).

Export Prices by Country

In 2021, the average umbrella and walking-stick export price amounted to $X per tonne, picking up by X% against the previous year. Over the period under review, export price indicated a strong increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, umbrella and walking-stick export price increased by +X% against 2016 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($X per tonne), while Cambodia ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the other global leaders experienced more modest paces of growth.

Umbrella And Walking-Stick Imports

Imports

In 2021, overseas purchases of umbrellas and walking-sticks were finally on the rise to reach X tonnes after two years of decline. Overall, imports recorded buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, umbrella and walking-stick imports skyrocketed to $X in 2021. In general, imports recorded a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import Prices by Country

The average umbrella and walking-stick import price stood at $X per tonne in 2021, dropping by -X% against the previous year. In general, the import price saw a abrupt contraction. The pace of growth appeared the most rapid in 2020 when the average import price increased by X%. As a result, import price reached the peak level of $X per tonne, and then declined sharply in the following year.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($X per tonne), while South Africa amounted to $X per tonne.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-X%).

Source: IndexBox Platform