Netherlands: Umbrella Market 2024

Umbrella Market Size in the Netherlands

In 2022, the Dutch umbrella market increased by 73% to $X, rising for the third consecutive year after three years of decline. In general, consumption posted a prominent expansion. Umbrella consumption peaked in 2022 and is expected to retain growth in the near future.

Umbrella Production in the Netherlands

In value terms, umbrella production stood at $X in 2022 estimated in export price. In general, the total production indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -6.1% against 2020 indices. The pace of growth appeared the most rapid in 2016 when the production volume increased by 44% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Umbrella Exports

Exports from the Netherlands

In 2022, umbrella exports from the Netherlands fell sharply to X units, dropping by -26.6% against the previous year's figure. Over the period under review, exports, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2021 with an increase of 46% against the previous year. As a result, the exports attained the peak of X units, and then reduced notably in the following year.

In value terms, umbrella exports declined significantly to $X in 2022. Overall, exports, however, saw a buoyant expansion. The pace of growth appeared the most rapid in 2018 when exports increased by 37%. Over the period under review, the exports hit record highs at $X in 2021, and then fell sharply in the following year.

Exports by Country

Germany (X units), Belgium (X units) and France (X units) were the main destinations of umbrella exports from the Netherlands, together accounting for 61% of total exports. Poland, Spain, the UK, Denmark, Italy, Austria and the Czech Republic lagged somewhat behind, together comprising a further 27%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Denmark (with a CAGR of +12.1%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and France ($X) appeared to be the largest markets for umbrella exported from the Netherlands worldwide, with a combined 60% share of total exports. Poland, Spain, the UK, Italy, Denmark, Austria and the Czech Republic lagged somewhat behind, together accounting for a further 24%.

Spain, with a CAGR of +13.9%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average umbrella export price amounted to $X per unit, remaining relatively unchanged against the previous year. Over the last decade, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2020 an increase of 33% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2021 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Poland ($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 the Czech Republic (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.

Umbrella Imports

Imports into the Netherlands

In 2022, the amount of umbrellas imported into the Netherlands dropped slightly to X units, remaining stable against 2021. The total import volume increased at an average annual rate of +2.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of 23%. Over the period under review, imports hit record highs at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, umbrella imports shrank remarkably to $X in 2022. Overall, imports, however, posted prominent growth. The growth pace was the most rapid in 2021 when imports increased by 37%. As a result, imports reached the peak of $X, and then contracted significantly in the following year.

Imports by Country

In 2022, China (X units) constituted the largest umbrella supplier to the Netherlands, with a 78% share of total imports. Moreover, umbrella imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), more than tenfold. The third position in this ranking was taken by Turkey (X units), with a 3.3% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +1.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+11.0% per year) and Turkey (+62.8% per year).

In value terms, China ($X) constituted the largest supplier of umbrellas to the Netherlands, comprising 75% of total imports. The second position in the ranking was held by Belgium ($X), with a 5.6% share of total imports. It was followed by Germany, with a 5.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +6.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+7.5% per year) and Germany (+12.5% per year).

Import Prices by Country

In 2022, the average umbrella import price amounted to $X per unit, waning by -17.2% against the previous year. In general, the import price, however, showed a measured increase. The most prominent rate of growth was recorded in 2018 an increase of 24% against the previous year. The import price peaked at $X per unit in 2021, and then shrank significantly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+25.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform