Southern Asia: Umbrella Market 2020

Umbrella Market Size in Southern Asia

The revenue of the umbrella market in Southern Asia amounted to $X in 2018, going up by X% against the previous year. In general, umbrella consumption continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2015 with an increase of X% year-to-year. Over the period under review, the umbrella market attained its peak figure level in 2018 and is likely to continue its growth in the near future.

Umbrella Production in Southern Asia

In value terms, umbrella production amounted to $X in 2018 estimated in export prices. In general, umbrella production, however, continues to indicate a slight expansion. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, umbrella production reached its peak figure level at $X in 2017, and then declined slightly in the following year.

Production By Country in Southern Asia

Pakistan (X units) constituted the country with the largest volume of umbrella production, accounting for X% of total volume.

From 2007 to 2018, the average annual growth rate of volume in Pakistan amounted to +X%.

Umbrella Exports

Exports in Southern Asia

In 2018, the exports of umbrellas in Southern Asia amounted to X units, jumping by X% against the previous year. The total exports indicated a tangible increase from 2007 to 2018: its volume increased 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. Based on 2018 figures, umbrella exports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, umbrella exports reached their peak figure at X units in 2015; however, from 2016 to 2018, exports remained at a lower figure.

In value terms, umbrella exports totaled $X in 2018. The total export value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Over the period under review, umbrella exports reached their maximum in 2018 and are expected to retain its growth in the near future.

Exports by Country

India (X units) and Bangladesh (X units) were the major exporters of umbrellas in 2018, accounting for near X% and X% of total exports, respectively. It was distantly followed by Pakistan (X units) and Sri Lanka (X units), together creating a X% share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Sri Lanka, while exports for the other leaders experienced more modest paces of growth.

In value terms, Bangladesh ($X) remains the largest umbrella supplier in Southern Asia, comprising X% of total umbrella exports. The second position in the ranking was occupied by India ($X), with a X% share of total exports. It was followed by Pakistan, with a X% share.

In Bangladesh, umbrella exports remained relatively stable over the period from 2007-2018. In the other countries, the average annual rates were as follows: India (+X% per year) and Pakistan (+X% per year).

Export Prices by Country

The umbrella export price in Southern Asia stood at $X per unit in 2018, surging by X% against the previous year. Overall, the umbrella export price, however, continues to indicate a temperate deduction. The growth pace was the most rapid in 2016 an increase of X% year-to-year. Over the period under review, the export prices for umbrellas attained their peak figure at $X per unit in 2012; however, from 2013 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Bangladesh ($X per unit), while Pakistan ($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 a decline in the export price figures.

Umbrella Imports

Imports in Southern Asia

The imports amounted to X units in 2018, rising by X% against the previous year. Overall, umbrella imports continue to indicate a buoyant increase. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, umbrella imports attained their maximum in 2018 and are likely to see steady growth in the near future.

In value terms, umbrella imports totaled $X in 2018. Over the period under review, umbrella imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, umbrella imports reached their peak figure at $X in 2016; however, from 2017 to 2018, imports remained at a lower figure.

Imports by Country

India represented the key importer of umbrellas imported in Southern Asia, with the volume of imports amounting to X units, which was near X% of total imports in 2018. It was distantly followed by Bangladesh (X units), mixing up a X% share of total imports. Pakistan (X units) followed a long way behind the leaders.

Imports into India increased at an average annual rate of +X% from 2007 to 2018. At the same time, Pakistan (+X%) and Bangladesh (+X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +X% from 2007-2018. While the share of India (+X p.p.), Bangladesh (+X p.p.) and Pakistan (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported umbrellas in Southern Asia, comprising X% of total umbrella imports. The second position in the ranking was occupied by Bangladesh ($X), with a X% share of total imports.

In India, umbrella imports expanded at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Bangladesh (+X% per year) and Pakistan (+X% per year).

Import Prices by Country

The umbrella import price in Southern Asia stood at $X per unit in 2018, lowering by -X% against the previous year. Overall, the umbrella import price, however, continues to indicate a conspicuous expansion. The growth pace was the most rapid in 2010 when the import price increased by X% against the previous year. Over the period under review, the import prices for umbrellas reached their maximum at $X per unit in 2015; however, from 2016 to 2018, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2018, the country with the highest price was Pakistan ($X per unit), while India ($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 a decline in the import price figures.

Source: IndexBox Platform