Asia: Umbrella Market 2020

Umbrella Market Size in Asia

The revenue of the umbrella market in Asia amounted to $X in 2018, picking up by X% against the previous year. The total market indicated a measured expansion from 2007 to 2018: its value 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 consumption decreased by -X% against 2016 indices. The pace of growth appeared the most rapid in 2015 when the market value increased by X% y-o-y. The level of umbrella consumption peaked at $X in 2016; however, from 2017 to 2018, consumption remained at a lower figure.

Umbrella Production in Asia

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% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2008 when production volume increased by X% year-to-year. The level of umbrella production peaked at $X in 2015; however, from 2016 to 2018, production remained at a lower figure.

Production By Country in Asia

China (X units) constituted the country with the largest volume of umbrella production, accounting for 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

The exports amounted to X units in 2018, growing by X% against the previous year. Overall, umbrella exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, umbrella exports reached their maximum 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 a strong increase from 2007 to 2018: its value 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 exports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-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 dominates umbrella exports structure, amounting to X units, which was approx. 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, with a CAGR of +X% from 2007-2018. From 2007 to 2018, the share of China and Cambodia increased by +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

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

Export Prices by Country

The umbrella export price in Asia stood at $X per unit in 2018, picking up by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. 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.

Prices varied noticeably by the country of origin; 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

In 2018, the imports of umbrellas in Asia stood at X units, picking up 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 relatively stable, with somewhat noticeable fluctuations being observed over the period under review. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The volume of imports peaked at X units in 2012; however, from 2013 to 2018, imports remained at a lower figure.

In value terms, umbrella imports stood at $X in 2018. The total imports indicated a conspicuous increase from 2007 to 2018: its value 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 imports decreased by -X% against 2012 indices. The growth pace was the most rapid in 2012 when imports increased by X% year-to-year. In that year, umbrella imports attained their peak of $X. From 2013 to 2018, the growth of umbrella imports remained at a lower figure.

Imports by Country

Japan represented the largest importer of umbrellas imported in Asia, with the volume of imports reaching X units, which was near X% of total imports in 2018. South Korea (X units) ranks second in terms of the total imports with a X% share, followed by the Philippines (X%), Indonesia (X%), India (X%) and Thailand (X%). The following importers - Taiwan, Chinese (X units), China, Hong Kong SAR (X units), Bangladesh (X units), Malaysia (X units) and Vietnam (X units) - together made up X% of total imports.

Imports into Japan increased at an average annual rate of +X% from 2007 to 2018. At the same time, Vietnam (+X%), Bangladesh (+X%), India (+X%), Thailand (+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, 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 ($X) constitutes the largest market for imported umbrellas in Asia, comprising X% of total umbrella imports. The second position in the ranking was occupied by the Philippines ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

From 2007 to 2018, the average annual growth rate of value in Japan totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: the Philippines (+X% per year) and South Korea (+X% per year).

Import Prices by Country

In 2018, the umbrella import price in Asia amounted to $X per unit, going down by -X% against the previous year. The import price indicated a temperate expansion from 2007 to 2018: its price 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 import price decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2011 when the import price increased by X% year-to-year. Over the period under review, the import prices for umbrellas attained their maximum 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 the Philippines ($X per unit), while Taiwan, Chinese ($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