Singapore - Umbrellas and Walking-Sticks - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

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

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Umbrella and Walking-Stick Price in Singapore - 2022

Contents:

  1. Umbrella and Walking-Stick Price in Singapore (CIF) - 2022
  2. Umbrella and Walking-Stick Price in Singapore (FOB) - 2022
  3. Umbrella and Walking-Stick Imports in Singapore
  4. Umbrella and Walking-Stick Exports in Singapore

Umbrella and Walking-Stick Price in Singapore (CIF) - 2022

In September 2022, the average umbrella and walking-stick import price amounted to $3.5 per unit, falling by -27.5% against the previous month. Overall, the import price, however, enjoyed measured growth. The most prominent rate of growth was recorded in February 2022 when the average import price increased by 113% against the previous month. Over the period under review, average import prices attained the peak figure at $6.8 per unit in March 2022; however, from April 2022 to September 2022, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Cambodia ($8.2 per unit), while the price for China ($3.0 per unit) was amongst the lowest.

From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by Cambodia (+20.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Umbrella and Walking-Stick Price in Singapore (FOB) - 2022

The average umbrella and walking-stick export price stood at $16.2 per unit in September 2022, shrinking by -27.6% against the previous month. Over the period under review, the export price, however, enjoyed a tangible increase. The most prominent rate of growth was recorded in December 2021 an increase of 190% against the previous month. The export price peaked at $47.0 per unit in July 2022; however, from August 2022 to September 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In September 2022, the country with the highest price was Australia ($35.5 per unit), while the average price for exports to Malaysia ($8.3 per unit) was amongst the lowest.

From September 2021 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.

Umbrella and Walking-Stick Imports in Singapore

In 2022, imports of umbrellas and walking-sticks into Singapore skyrocketed to 2.8M units, rising by 29% on the year before. In general, imports, however, recorded a noticeable curtailment. Imports peaked at 3.1M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, umbrella and walking-stick imports soared to $9.2M in 2022. Overall, total imports indicated a mild increase from 2019 to 2022: its value increased at an average annual rate of +1.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.2% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Umbrella and Walking-Stick in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.34.25.47.30.0%
Malaysia0.30.20.30.732.6%
Japan0.30.30.30.30.0%
Cambodia0.10.10.10.226.0%
Others0.70.50.50.70.0%
Total8.75.26.69.21.9%

Top Suppliers of Umbrella and Walking-Stick to Singapore in 2022:

  1. China (2546.8K units)
  2. Japan (80.9K units)
  3. Malaysia (74.8K units)
  4. Cambodia (52.3K units)

Umbrella and Walking-Stick Exports in Singapore

In 2022, approx. 158K units of umbrellas and walking-sticks were exported from Singapore; picking up by 6.6% against 2021. Overall, exports, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 44%. Over the period under review, the exports reached the maximum at 273K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, umbrella and walking-stick exports surged to $1.4M in 2022. Over the period under review, exports continue to indicate perceptible growth. The growth pace was the most rapid in 2021 with an increase of 109% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Umbrella and Walking-Stick in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia53.718.928832682.4%
Hong Kong SAR13881.02361584.6%
Indonesia20373.3115132-13.4%
Malaysia25952.870.681.1-32.1%
Vietnam47.812.85.277.617.5%
Philippines79.119.644.564.8-6.4%
Thailand36.314.58.850.011.3%
Japan71.974.331.239.5-18.1%
Taiwan (Chinese)17.55.68.418.62.1%
United Kingdom33.30.4N/A5.7-44.5%
China1235.16.22.8-71.7%
Others13773.591.042746.1%
Total1,2004329051,3834.8%

Top Export Markets for Umbrella and Walking-Stick from Singapore in 2022:

  1. Hong Kong SAR (39.5K units)
  2. Indonesia (31.9K units)
  3. Malaysia (15.5K units)
  4. Australia (14.6K units)
  5. Vietnam (11.7K units)
  6. Philippines (9.2K units)
  7. Thailand (8.5K units)
  8. Taiwan (Chinese) (4.1K units)
  9. Japan (1.2K units)
  10. China (0.3K units)
  11. United Kingdom (0.2K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the umbrella and walking-stick market in Singapore. 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:

  • Singapore

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Singapore
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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In 2016, the umbrella market amounted to X units. Over the past two years, consumption increased slightly, after experiencing a mild downturn over the previous four year period. Previously, the market recovered with tangible growth, following the si

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In 2016, the global imports of umbrella stood at X tons, import ,therefore, remained relatively stable against the previous year figure. Overall, umbrella imports continue to indicate a relatively ...

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In 2016, the global imports of umbrella stood at X tons, import ,therefore, remained relatively stable against the previous year figure. Overall, umbrella imports continue to indicate a relatively ...

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Eye 4419

From 2007 to 2014, the global umbrella market showed mixed dynamics. A significant drop in 2008-2009 was followed by a sharp increase in 2010-2011, until the market plunged again by X% in 2012.

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Eye 2224

China dominates in global umbrella production and trade. In 2013, China exported X% of its total umbrella output. Of this amount, X% was supplied to Japan, where Chinese umbrellas held the dominant share of total Japanese consumption and were part

China Produces 81% of the Global Umbrella Output
Jun 13, 2018
Eye 4128

In 2016, the umbrella market amounted to X units. Over the past two years, consumption increased slightly, after experiencing a mild downturn over the previous four year period. Previously, the market recovered with tangible growth, following the si

Which Country Imports the Most Umbrellas in the World?
May 28, 2018
Eye 951

In 2016, the global imports of umbrella stood at X tons, import ,therefore, remained relatively stable against the previous year figure. Overall, umbrella imports continue to indicate a relatively ...

Which Country Exports the Most Umbrellas in the World?
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Eye 3845

In 2016, the global imports of umbrella stood at X tons, import ,therefore, remained relatively stable against the previous year figure. Overall, umbrella imports continue to indicate a relatively ...

Global Umbrella Market Reached 3B USD
May 24, 2017
Eye 4419

From 2007 to 2014, the global umbrella market showed mixed dynamics. A significant drop in 2008-2009 was followed by a sharp increase in 2010-2011, until the market plunged again by X% in 2012.

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Eye 2224

China dominates in global umbrella production and trade. In 2013, China exported X% of its total umbrella output. Of this amount, X% was supplied to Japan, where Chinese umbrellas held the dominant share of total Japanese consumption and were part

Free Data: Umbrellas and Walking-Sticks - Singapore