CIS: Umbrella Market 2020

Umbrella Market Size in CIS

The revenue of the umbrella market in CIS amounted to $X in 2018, increasing by X% against the previous year. Overall, umbrella consumption continues to indicate a measured increase. The pace of growth appeared the most rapid in 2010 when the market value increased by X% against the previous year. The level of umbrella consumption peaked at $X in 2014; however, from 2015 to 2018, consumption remained at a lower figure.

Umbrella Production in CIS

In value terms, umbrella production amounted to $X in 2018 estimated in export prices. In general, umbrella production continues to indicate a temperate descent. The most prominent rate of growth was recorded in 2014 when production volume increased by X% against the previous year. The level of umbrella production peaked at $X in 2007; however, from 2008 to 2018, production failed to regain its momentum.

Production By Country in CIS

The country with the largest volume of umbrella production was Belarus (X units), comprising approx. X% of total volume.

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

Umbrella Exports

Exports in CIS

In 2018, the amount of umbrellas exported in CIS totaled X units, picking up by X% against the previous year. In general, umbrella exports continue to indicate a remarkable increase. The growth pace was the most rapid in 2018 when exports increased by X% year-to-year. In that year, umbrella exports attained their peak and are likely to continue its growth in the immediate term.

In value terms, umbrella exports amounted to $X in 2018. Over the period under review, umbrella exports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2017 with an increase of X% y-o-y. The level of exports peaked in 2018 and are likely to see steady growth in the immediate term.

Exports by Country

Belarus was the main exporter of umbrellas exported in CIS, with the volume of exports resulting at X units, which was approx. X% of total exports in 2018. It was distantly followed by Russia (X units), achieving a X% share of total exports. The following exporters - Kazakhstan (X units) and Kyrgyzstan (X units) - each finished at a X% share of total exports.

From 2007 to 2018, average annual rates of growth with regard to umbrella exports from Belarus stood at +X%. At the same time, Kazakhstan (+X%), Kyrgyzstan (+X%) and Russia (+X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing exporter exported in CIS, with a CAGR of +X% from 2007-2018. Belarus (+X p.p.), Russia (+X p.p.), Kazakhstan (+X p.p.) and Kyrgyzstan (+X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest umbrella markets in CIS were Belarus ($X), Russia ($X) and Kyrgyzstan ($X), with a combined X% share of total exports.

Kyrgyzstan recorded the highest rates of growth with regard to market size, in terms of the main exporting countries over the period under review, while exports for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the umbrella export price in CIS amounted to $X per unit, declining by -X% against the previous year. Over the period under review, the umbrella export price continues to indicate a temperate reduction. The growth pace was the most rapid in 2014 when the export price increased by X% against the previous year. Over the period under review, the export prices for umbrellas reached their maximum at $X per unit in 2009; however, from 2010 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Kyrgyzstan ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Kyrgyzstan, while the other leaders experienced a decline in the export price figures.

Umbrella Imports

Imports in CIS

In 2018, the umbrella imports in CIS stood at X units, going up by X% against the previous year. Overall, umbrella imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, umbrella imports attained their peak figure at X units in 2014; however, from 2015 to 2018, imports failed to regain their momentum.

In value terms, umbrella imports stood at $X in 2018. In general, umbrella imports continue to indicate a noticeable expansion. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. The level of imports peaked at $X in 2014; however, from 2015 to 2018, imports failed to regain their momentum.

Imports by Country

Russia dominates umbrella imports structure, accounting for X units, which was near X% of total imports in 2018. Kyrgyzstan (X units) held the second position in the ranking, followed by Belarus (X units). All these countries together held near X% share of total imports. Kazakhstan (X units) and Tajikistan (X units) occupied a minor share of total imports.

Russia experienced a relatively flat trend pattern of umbrellas imports. At the same time, Kyrgyzstan (+X%), Belarus (+X%), Kazakhstan (+X%) and Tajikistan (+X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in CIS, with a CAGR of +X% from 2007-2018. From 2007 to 2018, the share of Kyrgyzstan, Belarus and Kazakhstan increased by +X%, +X% and +X% percentage points, while Russia (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported umbrellas in CIS, comprising X% of total umbrella imports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of total imports. It was followed by Tajikistan, with a X% share.

From 2007 to 2018, the average annual growth rate of value in Russia amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (+X% per year) and Tajikistan (+X% per year).

Import Prices by Country

In 2018, the umbrella import price in CIS amounted to $X per unit, therefore, remained relatively stable against the previous year. Overall, the umbrella import price continues to indicate temperate growth. The pace of growth was the most pronounced in 2010 an increase of X% year-to-year. Over the period under review, the import prices for umbrellas attained their peak figure at $X per unit in 2015; however, from 2016 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Tajikistan ($X per unit), while Kyrgyzstan ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Tajikistan, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform