Austria: Umbrella And Walking-Stick Market 2024

Umbrella And Walking-Stick Market Size in Austria

The Austrian umbrella and walking-stick market surged to $X in 2022, with an increase of 27% against the previous year. Overall, the total consumption indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +18.1% against 2018 indices. Umbrella and walking-stick consumption peaked in 2022 and is expected to retain growth in years to come.

Umbrella And Walking-Stick Production in Austria

In value terms, umbrella and walking-stick production surged to $X in 2022 estimated in export price. Overall, production showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,164% against the previous year. Umbrella and walking-stick production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Umbrella And Walking-Stick Exports

Exports from Austria

In 2022, the amount of umbrellas and walking-sticks exported from Austria declined to X units, reducing by -4.9% on 2021. In general, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 55% against the previous year. Over the period under review, the exports hit record highs at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, umbrella and walking-stick exports contracted slightly to $X in 2022. Overall, total exports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +36.0% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 43% against the previous year. As a result, the exports reached the peak of $X, and then declined modestly in the following year.

Exports by Country

Germany (X units) was the main destination for umbrella and walking-stick exports from Austria, with a 42% share of total exports. Moreover, umbrella and walking-stick exports to Germany exceeded the volume sent to the second major destination, the Czech Republic (X units), twofold. Italy (X units) ranked third in terms of total exports with an 8.3% share.

From 2012 to 2022, the average annual growth rate of volume to Germany totaled -3.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+11.0% per year) and Italy (+21.6% per year).

In value terms, Germany ($X) remains the key foreign market for umbrellas and walking-sticks exports from Austria, comprising 52% of total exports. The second position in the ranking was held by the Czech Republic ($X), with an 8.9% share of total exports. It was followed by the Netherlands, with a 6.1% share.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to +6.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+13.3% per year) and the Netherlands (+21.0% per year).

Export Prices by Country

In 2022, the average umbrella and walking-stick export price amounted to $X per unit, almost unchanged from the previous year. In general, the export price showed a resilient increase. The pace of growth was the most pronounced in 2018 an increase of 31% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Slovenia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.

Umbrella And Walking-Stick Imports

Imports into Austria

In 2022, imports of umbrellas and walking-sticks into Austria surged to X units, picking up by 17% compared with 2021. Overall, imports recorded a relatively flat trend pattern. Imports peaked at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, umbrella and walking-stick imports fell slightly to $X in 2022. In general, total imports indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +35.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 37%. As a result, imports reached the peak of $X, and then reduced modestly in the following year.

Imports by Country

In 2022, China (X units) constituted the largest umbrella and walking-stick supplier to Austria, accounting for a 61% share of total imports. Moreover, umbrella and walking-stick imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. The third position in this ranking was held by the Czech Republic (X units), with a 7.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+2.7% per year) and the Czech Republic (+7.6% per year).

In value terms, China ($X), Germany ($X) and the Czech Republic ($X) constituted the largest umbrella and walking-stick suppliers to Austria, together comprising 81% of total imports. Slovakia, Poland and Italy lagged somewhat behind, together comprising a further 6.8%.

Among the main suppliers, Poland, with a CAGR of +23.9%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average umbrella and walking-stick import price amounted to $X per unit, which is down by -15.8% against the previous year. Overall, the import price, however, saw notable growth. The most prominent rate of growth was recorded in 2020 an increase of 39% against the previous year. The import price peaked at $X per unit in 2021, and then declined remarkably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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