Asia-Pacific: Umbrella Market 2020

Umbrella Market Size in Asia-Pacific

The revenue of the umbrella market in Asia-Pacific amounted to $X in 2018, jumping by X% against the previous year. Overall, umbrella consumption continues to indicate a notable increase. The pace of growth was the most pronounced in 2015 when the market value increased by X% year-to-year. The level of umbrella consumption peaked at $X in 2016; however, from 2017 to 2018, consumption stood at a somewhat lower figure.

Umbrella Production in Asia-Pacific

In value terms, umbrella production totaled $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, umbrella production reached its maximum level at $X in 2015; however, from 2016 to 2018, production remained at a lower figure.

Production By Country in Asia-Pacific

The country with the largest volume of umbrella production was China (X units), comprising approx. X% of total volume. It was followed by Cambodia (X units), with a X% share of total production.

In China, umbrella production remained relatively stable over the period from 2007-2018.

Umbrella Exports

Exports in Asia-Pacific

The exports totaled X units in 2018, going up by X% against the previous year. Over the period under review, umbrella exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. The volume of exports peaked at X units in 2011; however, from 2012 to 2018, exports failed to regain their momentum.

In value terms, umbrella exports totaled $X in 2018. The total exports indicated resilient growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, umbrella exports increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. The level of exports peaked at $X in 2014; however, from 2015 to 2018, exports stood at a somewhat lower figure.

Exports by Country

China prevails in umbrella exports structure, resulting at X units, which was near X% of total exports in 2018. Cambodia (X units) followed a long way behind the leaders.

Exports from China increased at an average annual rate of +X% from 2007 to 2018. At the same time, Cambodia (+X%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +X% from 2007-2018. While the share of China (+X p.p.) and Cambodia (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest umbrella supplier in Asia-Pacific, comprising X% of total umbrella exports. The second position in the ranking was occupied by Cambodia ($X), with a X% share of total exports.

From 2007 to 2018, the average annual rate of growth in terms of value in China totaled +X%.

Export Prices by Country

The umbrella export price in Asia-Pacific stood at $X per unit in 2018, increasing by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008 an increase of X% y-o-y. The level of export price peaked at $X per unit in 2015; however, from 2016 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was China ($X per unit), while Cambodia amounted to $X per unit.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China.

Umbrella Imports

Imports in Asia-Pacific

In 2018, approx. X units of umbrellas were imported in Asia-Pacific; growing by X% against the previous year. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations being observed over the period under review. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. The volume of imports peaked at X units in 2012; however, from 2013 to 2018, imports stood at a somewhat lower figure.

In value terms, umbrella imports stood at $X in 2018. The total imports indicated a resilient expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2012 with an increase of X% year-to-year. In that year, umbrella imports reached their peak of $X. From 2013 to 2018, the growth of umbrella imports remained at a somewhat lower figure.

Imports by Country

Japan was the largest importer of umbrellas imported in Asia-Pacific, with the volume of imports amounting to X units, which was approx. X% of total imports in 2018. It was distantly followed by South Korea (X units), the Philippines (X units), Indonesia (X units), India (X units) and Thailand (X units), together mixing up a X% share of total imports. Taiwan, Chinese (X units), China, Hong Kong SAR (X units), Bangladesh (X units), Malaysia (X units), Australia (X units) and Vietnam (X units) followed a long way behind the leaders.

From 2007 to 2018, average annual rates of growth with regard to umbrella imports into Japan stood at +X%. At the same time, Vietnam (+X%), Bangladesh (+X%), India (+X%), Thailand (+X%), Australia (+X%), Indonesia (+X%), South Korea (+X%) and the Philippines (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of +X% from 2007-2018. Taiwan, Chinese experienced a relatively flat trend pattern. By contrast, Malaysia (-X%) and China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. While the share of Japan (+X p.p.), India (+X p.p.), South Korea (+X p.p.), Indonesia (+X p.p.), Thailand (+X p.p.), Bangladesh (+X p.p.), Vietnam (+X p.p.) and the Philippines (+X p.p.) increased significantly in terms of the total imports from 2007-2018, the share of China, Hong Kong SAR (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported umbrellas in Asia-Pacific, comprising X% of total umbrella imports. The second position in the ranking was occupied by the Philippines ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

In Japan, umbrella imports increased at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: the Philippines (+X% per year) and South Korea (+X% per year).

Import Prices by Country

The umbrella import price in Asia-Pacific stood at $X per unit in 2018, falling by -X% against the previous year. The import price indicated a moderate increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, umbrella import price decreased by -X% against 2016 indices. The pace of growth appeared the most rapid in 2011 an increase of X% y-o-y. The level of import price peaked at $X per unit in 2016; however, from 2017 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Australia ($X per unit), while Taiwan, Chinese ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the Philippines, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform