New Zealand: Umbrella And Walking-Stick Market 2024

Umbrella And Walking-Stick Market Size in New Zealand

In 2022, the New Zealand umbrella and walking-stick market increased by 10% to $X, rising for the second consecutive year after two years of decline. In general, the total consumption indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +4.1% 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 +47.8% against 2020 indices. Umbrella and walking-stick consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Umbrella And Walking-Stick Exports

Exports from New Zealand

In 2022, approx. X units of umbrellas and walking-sticks were exported from New Zealand; increasing by 152% on the year before. In general, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, umbrella and walking-stick exports soared to $X in 2022. Over the period under review, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Australia (X units) was the main destination for umbrella and walking-stick exports from New Zealand, with a 90% share of total exports. Moreover, umbrella and walking-stick exports to Australia exceeded the volume sent to the second major destination, France (X units), more than tenfold. The third position in this ranking was held by the UK (X units), with a 3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Australia totaled +27.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+402.3% per year) and the UK (+49.5% per year).

In value terms, Australia ($X) remains the key foreign market for umbrellas and walking-sticks exports from New Zealand, comprising 81% of total exports. The second position in the ranking was held by the UK ($X), with an 8.9% share of total exports. It was followed by Fiji, with a 2.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Australia totaled +38.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+39.1% per year) and Fiji (+13.0% per year).

Export Prices by Country

In 2022, the average umbrella and walking-stick export price amounted to $X per unit, surging by 9.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The growth pace was the most rapid in 2021 when the average export price increased by 11% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Fiji ($X per unit), while the average price for exports to France ($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 Fiji (+11.0%), while the prices for the other major destinations experienced mixed trend patterns.

Umbrella And Walking-Stick Imports

Imports into New Zealand

In 2022, supplies from abroad of umbrellas and walking-sticks increased by 35% to X units, rising for the second year in a row after two years of decline. Over the period under review, total imports indicated a temperate increase from 2012 to 2022: its volume increased at an average annual rate of +3.0% 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 +99.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 47% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, umbrella and walking-stick imports skyrocketed to $X in 2022. Overall, total imports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +8.7% 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 +90.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 42% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, China (X units) was the main supplier of umbrella and walking-stick to New Zealand, with a 95% share of total imports. It was followed by Taiwan (Chinese) (X units), with a 1.6% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +3.3%.

In value terms, China ($X) constituted the largest supplier of umbrellas and walking-sticks to New Zealand, comprising 95% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 0.9% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +9.8%.

Import Prices by Country

In 2022, the average umbrella and walking-stick import price amounted to $X per unit, almost unchanged from the previous year. In general, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.5% 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 decreased by -4.4% against 2020 indices. The pace of growth appeared the most rapid in 2020 an increase of 27%. As a result, import price reached the peak level of $X per unit. From 2021 to 2022, the average import prices failed to regain momentum.

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 China ($X per unit), while the price for Taiwan (Chinese) stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.3%).

Source: IndexBox Platform

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