Malta: Umbrella Market 2020

Umbrella Market Size in Malta

The revenue of the umbrella market in Malta amounted to $X in 2018, reducing by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, umbrella consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Over the period under review, the umbrella market reached its peak figure level at $X in 2011; however, from 2012 to 2018, consumption failed to regain its momentum.

Umbrella Exports

Exports from Malta

In 2018, the exports of umbrellas from Malta totaled X units, growing by X% against the previous year. Over the period under review, umbrella exports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2018 when exports increased by X% y-o-y. Malta exports peaked at X units in 2010; however, from 2011 to 2018, exports stood at a somewhat lower figure.

In value terms, umbrella exports totaled $X in 2018. Over the period under review, umbrella exports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2016 when exports increased by X% y-o-y. Over the period under review, umbrella exports reached their peak figure at $X in 2010; however, from 2011 to 2018, exports failed to regain their momentum.

Exports by Country

China prevails in umbrella exports structure, reaching X units, which was near X% of total exports in 2018. The following exporters - Cambodia (X units), Germany (X units) and the Netherlands (X units) - each resulted at a X% share of total exports.

Exports from China increased at an average annual rate of +X% from 2007 to 2018. At the same time, Cambodia (+X%) and the Netherlands (+X%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Germany experienced a relatively flat trend pattern. China (+X p.p.) and Cambodia (+X p.p.) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest umbrella supplier from Malta, comprising X% of global exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of global exports. It was followed by Germany, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in China stood at +X%. The remaining exporting countries recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and Germany (+X% per year).

Export Prices by Country

The umbrella export price in Malta stood at $X per unit in 2018, reducing by -X% against the previous year. Overall, the umbrella export price, however, continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2016 when the export price increased by X% y-o-y. Malta export price peaked at $X per unit in 2017, and then declined slightly in the following year.

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

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

Umbrella Imports

Imports into Malta

In 2018, approx. X units of umbrellas were imported into Malta; declining by -X% against the previous year. Over the period under review, umbrella imports continue to indicate a slight shrinkage. The pace of growth appeared the most rapid in 2009 with an increase of X% against the previous year. Over the period under review, umbrella imports reached their maximum at X units in 2011; however, from 2012 to 2018, imports failed to regain their momentum.

In value terms, umbrella imports amounted to $X in 2018. Over the period under review, the total imports indicated a mild expansion from 2007 to 2018: its value decreased 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. The growth pace was the most rapid in 2009 with an increase of X% against the previous year. Over the period under review, umbrella imports reached their maximum at $X in 2017, and then declined slightly in the following year.

Imports by Country

Japan (X units) and the U.S. (X units) represented the major importers of umbrellas in 2018, amounting to near X% and X% of total imports, respectively. Brazil (X units) ranks next in terms of the total imports with a X% share, followed by the Philippines (X%) and Germany (X%). The following importers - South Korea (X units), India (X units), Thailand (X units), France (X units), the UK (X units), Italy (X units) and the Netherlands (X units) - each amounted to a X% share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Japan, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Japan ($X) and Germany ($X) appeared to be the countries with the highest levels of imports in 2018, together comprising X% of total imports. France, the Philippines, South Korea, Brazil, the Netherlands, the UK, Italy, India, Thailand and Malta lagged somewhat behind, together comprising a further X recorded the highest growth rate of imports, in terms of the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the umbrella import price in Malta amounted to $X per unit, approximately equating the previous year. Overall, the import price indicated a measured 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 increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2017 when the import price increased by X% against the previous year. Over the period under review, the import prices for umbrellas attained their maximum in 2018 and is likely to continue its growth in the near future.

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

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

Source: IndexBox Platform