
U.S. - Umbrellas - Market Analysis, Forecast, Size, Trends And Insights
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View PricingU.S. Umbrella Import Plummets 18% to $55M in March 2023
U.S. Umbrella Imports
In March 2023, after two months of growth, there was significant decline in supplies from abroad of umbrellas, when their volume decreased by -7.7% to 12M units. Over the period under review, total imports indicated mild growth from March 2022 to March 2023: its volume increased at an average monthly rate of +1.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2023 figures, imports increased by +38.2% against December 2022 indices. The pace of growth appeared the most rapid in April 2022 with an increase of 77% m-o-m. As a result, imports attained the peak of 18M units. From May 2022 to March 2023, the growth of imports remained at a somewhat lower figure.
In value terms, umbrella imports fell significantly to $55M (IndexBox estimates) in March 2023. In general, imports recorded a perceptible setback. The growth pace was the most rapid in December 2022 with an increase of 28% against the previous month. Imports peaked at 89M units in April 2022; however, from May 2022 to March 2023, imports remained at a lower figure.
COUNTRY | Import Value of Umbrella in U.S. (million USD) | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | |
China | 80.0 | 85.2 | 76.6 | 44.0 | 34.7 | 26.8 | 23.8 | 29.3 | 36.2 | 46.8 | 55.2 | 65.2 | 52.4 |
Cambodia | 0.9 | 1.5 | 0.6 | 0.6 | 0.9 | 0.5 | 0.3 | 0.3 | 0.2 | 0.4 | 0.3 | 0.7 | 1.4 |
Others | 2.0 | 2.5 | 3.2 | 2.0 | 2.2 | 1.9 | 2.0 | 2.0 | 1.7 | 1.5 | 1.4 | 1.3 | 1.3 |
Total | 82.9 | 89.2 | 80.3 | 46.7 | 37.9 | 29.2 | 26.1 | 31.7 | 38.0 | 48.7 | 56.9 | 67.1 | 55.1 |
Imports by Country
In March 2023, China (12M units) was the main umbrella supplier to the United States, accounting for a 98% share of total imports. It was followed by Cambodia (120K units), with a 1% share of total imports.
From March 2022 to March 2023, the average monthly rate of growth in terms of volume from China stood at +1.3%.
In value terms, China ($52M) constituted the largest supplier of umbrella to the United States, comprising 95% of total imports. The second position in the ranking was taken by Cambodia ($1.4M), with a 2.5% share of total imports.
From March 2022 to March 2023, the average monthly rate of growth in terms of value from China stood at -3.5%.
Imports by Type
In March 2023, umbrellas having a telescopic shaft (excluding garden umbrellas) (7.6M units) constituted the largest type of umbrella supplied to the United States, accounting for a 65% share of total imports. Moreover, umbrellas having a telescopic shaft (excluding garden umbrellas) exceeded the figures recorded for the second-largest type, garden or similar umbrellas (2.4M units), threefold.
From March 2022 to March 2023, the average monthly growth rate of the volume of import of umbrellas having a telescopic shaft (excluding garden umbrellas) stood at +4.8%. With regard to the other supplied products, the following average monthly rates of growth were recorded: garden or similar umbrellas (-2.7% per month) and umbrellas and sun umbrellas (other than having a telescopic shaft or garden umbrellas) (-2.9% per month).
In value terms, garden or similar umbrellas ($44M) constituted the largest type of umbrella supplied to the United States, comprising 79% of total imports. The second position in the ranking was taken by umbrellas having a telescopic shaft (excluding garden umbrellas) ($7.5M), with a 14% share of total imports.
Import Prices by Country
In March 2023, the umbrella price amounted to $4.7 per unit (CIF, US), falling by -11.2% against the previous month. Over the period under review, the import price continues to indicate a perceptible setback. The pace of growth was the most pronounced in October 2022 when the average import price increased by 79% against the previous month. Over the period under review, average import prices hit record highs at $8.1 per unit in March 2022; however, from April 2022 to March 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Cambodia ($11.4 per unit), while the price for China stood at $4.5 per unit.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by Cambodia (+4.4%).
This report provides an in-depth analysis of the umbrella market in the U.S.. 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 2030.
Product coverage:
- Prodcom 32992130 - Umbrellas, sun umbrellas, walking-stick umbrellas, garden umbrellas and similar umbrellas (excluding umbrella cases)
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORTS
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
LIST OF FIGURES
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, By Product
- Average Per Capita Consumption, By Product
- Exports and Growth, By Product
- Export Prices and Growth, By Product
- Production Volume and Growth
- Exports and Growth
- Export Prices and Growth
- Market Size and Growth
- Per Capita Consumption
- Imports and Growth
- Import Prices
- Production, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024