China - Umbrellas and Walking-Sticks - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

China - Umbrellas and Walking-Sticks - Market Analysis, Forecast, Size, Trends and Insights

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Umbrella and Walking-Stick Prices in China

China Umbrella and Walking-Stick Export Price in September 2022

In September 2022, the umbrella and walking-stick price amounted to $6.4 per unit (FOB, China), waning by -3.7% against the previous month. Over the period from January 2022 to September 2022, it increased at an average monthly rate of +3.3%. The most prominent rate of growth was recorded in April 2022 an increase of 11% month-to-month. The export price peaked at $6.6 per unit in August 2022, and then dropped slightly in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was South Korea ($10.8 per unit), while the average price for exports to Brazil ($4.2 per unit) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.

China Umbrella and Walking-Stick Export Prices by Type

There were significant differences in the average prices for the major types of exported product. In August 2022, the product with the highest price was walking-sticks, seat-sticks, whips and riding-crops ($10.5 per unit), while the average price for exports of garden or similar umbrellas ($5.1 per unit) was amongst the lowest.

From January 2022 to August 2022, the most notable rate of growth in terms of prices was recorded for the following types: garden or similar umbrellas (+2.5%), while the prices for the other products experienced more modest paces of growth.

China Umbrella and Walking-Stick Exports

In September 2022, overseas shipments of umbrellas and walking-sticks increased by 15% to 39M units for the first time since March 2022, thus ending a five-month declining trend. In general, exports, however, recorded a abrupt decrease. The growth pace was the most rapid in March 2022 when exports increased by 42% against the previous month. The exports peaked at 73M units in January 2022; however, from February 2022 to September 2022, the exports failed to regain momentum.

In value terms, umbrella and walking-stick exports rose notably to $250M (IndexBox estimates) in September 2022. Over the period under review, exports, however, saw a noticeable contraction. The pace of growth was the most pronounced in March 2022 with an increase of 42% m-o-m. Over the period under review, the exports attained the peak figure at 359M units in January 2022; however, from February 2022 to September 2022, the exports stood at a somewhat lower figure.

China Umbrella and Walking-Stick Exports by Type

Umbrellas and sun umbrellas (other than having a telescopic shaft or garden umbrellas) (12M units), umbrellas having a telescopic shaft (excluding garden umbrellas) (9.9M units) and garden or similar umbrellas (8.3M units) were the main products of umbrella and walking-stick exports from China, together accounting for 95% of total exports.

From January 2022 to August 2022, the most notable rate of growth in terms of shipments, amongst the major product types, was attained by umbrellas having a telescopic shaft (excluding garden umbrellas) (with a CAGR of +3.3%), while the other products experienced mixed trend patterns.

In value terms, umbrellas having a telescopic shaft (excluding garden umbrellas) ($84M), umbrellas and sun umbrellas (other than having a telescopic shaft or garden umbrellas) ($83M) and garden or similar umbrellas ($42M) appeared to be the most exported types of umbrellas and walking-sticks from China worldwide, with a combined 93% share of total exports.

Umbrellas having a telescopic shaft (excluding garden umbrellas), with a CAGR of +5.0%, saw the highest growth rate of the value of exports, among the main product categories over the period under review, while shipments for the other products experienced mixed trend patterns.

China Umbrella and Walking-Stick Exports by Country

The United States (4.5M units), the Philippines (2.8M units) and Brazil (2.5M units) were the main destinations of umbrella and walking-stick exports from China, with a combined 25% share of total exports. South Korea, Japan, Germany, Indonesia, the Netherlands, Australia, Thailand, France, Vietnam and Spain lagged somewhat behind, together accounting for a further 33%.

From January 2022 to September 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Vietnam (with a CAGR of +12.6%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($31M), the Philippines ($21M) and South Korea ($20M) constituted the largest markets for umbrella and walking-stick exported from China worldwide, together comprising 29% of total exports. These countries were followed by Japan, Brazil, Australia, Germany, Indonesia, Thailand, Vietnam, the Netherlands, France and Spain, which together accounted for a further 32%.

Among the main countries of destination, Vietnam, with a CAGR of +23.7%, 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.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the umbrella and walking-stick market in China. 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)
  • Prodcom 32992150 - Walking-sticks, seat-sticks, whips, riding-crops and the like

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Umbrellas and Walking-Sticks - China