Report Update Nov 1, 2024

Puerto Rico - Umbrellas and Walking-Sticks - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Umbrella And Walking-Stick Market 2024

Umbrella And Walking-Stick Market Size in Puerto Rico

In 2021, the Puerto Rican umbrella and walking-stick market decreased by -11.8% to $X for the first time since 2017, thus ending a three-year rising trend. Overall, consumption, however, saw buoyant growth. Over the period under review, the market reached the peak level at $X in 2020, and then fell in the following year.

Umbrella And Walking-Stick Production in Puerto Rico

In value terms, umbrella and walking-stick production dropped to $X in 2021 estimated in export price. In general, production, however, showed a prominent expansion. The growth pace was the most rapid in 2018 when the production volume increased by 47%. Over the period under review, production reached the peak level at $X in 2020, and then declined in the following year.

Umbrella And Walking-Stick Exports

Exports by Country

China prevails in exports structure, finishing at X tons, which was near 85% of total exports in 2021. It was distantly followed by the Netherlands (X tons), generating a 4.7% share of total exports.

China experienced a relatively flat trend pattern with regard to volume of exports of umbrellas and walking-sticks. At the same time, the Netherlands (+18.4%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the world, with a CAGR of +18.4% from 2012-2021. The Netherlands (+3.6 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 ($X) remains the largest umbrella and walking-stick supplier from Puerto Rico, comprising 77% of global exports. The second position in the ranking was held by the Netherlands ($X), with a 3.9% share of global exports.

In China, umbrella and walking-stick exports remained relatively stable over the period from 2012-2021.

Umbrella And Walking-Stick Imports

Imports by Country

The United States was the major importer of umbrellas and walking-sticks in the world, with the volume of imports amounting to X tons, which was near 28% of total imports in 2021. Germany (X tons) ranks second in terms of the total imports with a 7.3% share, followed by France (5.7%) and Japan (4.7%). The Netherlands (X tons), the UK (X tons), South Korea (X tons), Italy (X tons), Spain (X tons), Canada (X tons), Belgium (X tons), Indonesia (X tons) and Brazil (X tons) followed a long way behind the leaders.

The United States was also the fastest-growing in terms of the umbrellas and walking-sticks imports, with a CAGR of +9.2% from 2012 to 2021. At the same time, Belgium (+8.4%), the Netherlands (+8.1%), Canada (+4.8%), Germany (+4.4%), the UK (+4.2%), France (+3.7%), Spain (+1.8%) and Indonesia (+1.6%) displayed positive paces of growth. South Korea and Italy experienced a relatively flat trend pattern. By contrast, Japan (-5.6%) and Brazil (-10.1%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the United States, Germany, France, the Netherlands, the UK, Japan, South Korea, Spain, Canada, Italy, Belgium and Indonesia increased by +24, +5.9, +4.5, +3.4, +3, +2.5, +2.4, +2.1, +2.1, +2.1, +2 and +1.7 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported umbrellas and walking-sticks into Puerto Rico, comprising 20% of global imports. The second position in the ranking was taken by Germany ($X), with a 9.9% share of global imports. It was followed by Japan, with a 7.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value in the United States totaled +2.2%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+4.8% per year) and Japan (-4.7% per year).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for umbrellas in the world?

The country with the largest volume of umbrella consumption was South Africa, accounting for 86% of total volume. Moreover, umbrella consumption in South Africa exceeded the figures recorded by the second-largest consumer, China, more than tenfold.

What are the largest producers of umbrellas in the world?

China remains the largest umbrella producing country worldwide, comprising approx. 84% of total volume. Moreover, umbrella production in China exceeded the figures recorded by the second-largest producer, Bangladesh, more than tenfold. The third position in this ranking was occupied by Turkey, with a 1.9% share.

What are the leading suppliers of umbrellas to Puerto Rico?

In value terms, South Africa constitutes the largest market for imported umbrellas into Puerto Rico.

What are the leading importers of umbrellas from Puerto Rico?

In value terms, China remains the largest umbrella supplier from Puerto Rico, comprising 73% of global exports. The second position in the ranking was occupied by the Netherlands, with a 4.6% share of global exports. It was followed by Germany, with a 3.1% share.

What is the average export price for umbrellas in Puerto Rico?

In 2021, the export price in Puerto Rico amounted to $less than 0.1 per thousand units, approximately equating the previous year.

What is the average import price for umbrellas in Puerto Rico?

The import price in Puerto Rico stood at $less than 0.1 per thousand units in 2021, leveling off at the previous year.

This report provides an in-depth analysis of the umbrella and walking-stick market in Puerto Rico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 32992130 - Umbrellas, sun umbrellas, walking-stick umbrellas, garden umbrellas and similar umbrellas (excluding umbrella cases)
Prodcom 32992150 - Walking-sticks, seat-sticks, whips, riding-crops and the like

Country coverage:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023