Europe: Umbrella And Walking-Stick Market 2024

Umbrella And Walking-Stick Market Size in Europe

In 2022, the Europe umbrella and walking-stick market increased by 27% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of +4.3% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Umbrella And Walking-Stick Production in Europe

In value terms, umbrella and walking-stick production skyrocketed to $X in 2022 estimated in export price. The total production indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +8.0% against 2018 indices. The pace of growth appeared the most rapid in 2018 with an increase of 38% against the previous year. The level of production peaked in 2022 and is likely to continue growth in years to come.

Umbrella And Walking-Stick Exports

Exports in Europe

Umbrella and walking-stick exports skyrocketed to X units in 2022, increasing by 19% compared with the previous year's figure. The total export volume increased at an average annual rate of +4.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 33%. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, umbrella and walking-stick exports dropped to $X in 2022. Total exports indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +4.3% 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 +24.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 33% against the previous year. As a result, the exports reached the peak of $X, and then dropped in the following year.

Exports by Country

In 2022, Greece (X units), distantly followed by the Netherlands (X units), Germany (X units), Belarus (X units) and Poland (X units) represented the key exporters of umbrellas and walking-sticks, together constituting 74% of total exports. The following exporters - Spain (X units), Austria (X units), France (X units), Italy (X units) and the Czech Republic (X units) - together made up 17% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Greece (with a CAGR of +60.3%), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and Austria ($X) constituted the countries with the highest levels of exports in 2022, with a combined 40% share of total exports. Poland, Italy, the Czech Republic, Spain, France, Greece and Belarus lagged somewhat behind, together comprising a further 34%.

Greece, with a CAGR of +36.1%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Europe stood at $X per unit in 2022, dropping by -21.5% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 22% against the previous year. Over the period under review, the export prices attained the maximum at $X per unit in 2021, and then contracted rapidly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+15.5%), while the other leaders experienced more modest paces of growth.

Umbrella And Walking-Stick Imports

Imports in Europe

In 2022, purchases abroad of umbrellas and walking-sticks increased by 26% to X units, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of +1.3% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The volume of import peaked at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, umbrella and walking-stick imports stood at $X in 2022. Total imports indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +4.4% 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 +42.0% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 33% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

Imports by Country

Germany (X units) and Greece (X units) represented the largest importers of umbrellas and walking-sticks in 2022, amounting to approx. 17% and 16% of total imports, respectively. Italy (X units) ranks next in terms of the total imports with an 8.5% share, followed by Spain (7.3%), France (7.1%), the UK (6.8%), the Netherlands (6.7%) and Russia (4.5%). The following importers - Poland (X units), Austria (X units), the Czech Republic (X units), Belarus (X units) and Hungary (X units) - together made up 12% of total imports.

From 2012 to 2022, the biggest increases were recorded for Greece (with a CAGR of +33.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest umbrella and walking-stick importing markets in Europe were Germany ($X), France ($X) and the UK ($X), together comprising 41% of total imports. Italy, the Netherlands, Spain, Austria, Poland, Greece, the Czech Republic, Russia, Hungary and Belarus lagged somewhat behind, together accounting for a further 39%.

Among the main importing countries, Greece, with a CAGR of +15.0%, recorded the highest growth rate of 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 import price in Europe amounted to $X per unit, which is down by -15.6% against the previous year. Import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, umbrella and walking-stick import price increased by +40.2% against 2017 indices. The most prominent rate of growth was recorded in 2021 an increase of 26%. As a result, import price reached the peak level of $X per unit, and then declined remarkably in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($X per unit), while Greece ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+8.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform