Eastern Europe: Umbrella And Walking-Stick Market 2024

Umbrella And Walking-Stick Market Size in Eastern Europe

After two years of growth, the East European umbrella and walking-stick market decreased by X% to $X in 2023. In general, consumption, however, showed a noticeable decline. As a result, consumption attained the peak level of $X. From 2015 to 2023, the growth of the market remained at a lower figure.

Umbrella And Walking-Stick Production in Eastern Europe

In value terms, umbrella and walking-stick production shrank modestly to $X in 2023 estimated in export price. Over the period under review, production showed a deep slump. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.

Umbrella And Walking-Stick Exports

Exports in Eastern Europe

In 2023, overseas shipments of umbrellas and walking-sticks increased by X% to X units, rising for the third year in a row after two years of decline. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2019 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, umbrella and walking-stick exports stood at $X in 2023. In general, exports showed a resilient increase. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The level of export peaked in 2023 and is likely to continue growth in the immediate term.

Exports by Country

Poland was the main exporting country with an export of about X units, which resulted at X% of total exports. Hungary (X units) ranks second in terms of the total exports with a X% share, followed by the Czech Republic (X%), Romania (X%) and Slovakia (X%). The following exporters - Belarus (X units) and Russia (X units) - together made up X% of total exports.

Exports from Poland increased at an average annual rate of X% from 2012 to 2023. At the same time, Romania (X%), Hungary (X%) and Slovakia (X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2023. Russia experienced a relatively flat trend pattern. By contrast, Belarus (X%) and the Czech Republic (X%) illustrated a downward trend over the same period. While the share of Poland (X p.p.), Hungary (X p.p.), Romania (X p.p.) and Slovakia (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Belarus (X p.p.) and the Czech Republic (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest umbrella and walking-stick supplying countries in Eastern Europe were Poland ($X), the Czech Republic ($X) and Slovakia ($X), together accounting for X% of total exports. Hungary, Romania, Belarus and Russia lagged somewhat behind, together accounting for a further X%.

Hungary, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in Eastern Europe amounted to $X per unit, waning by X% against the previous year. Overall, the export price, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, the export prices hit record highs at $X per unit in 2021; however, from 2022 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Czech Republic ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Umbrella And Walking-Stick Imports

Imports in Eastern Europe

In 2023, approx. X units of umbrellas and walking-sticks were imported in Eastern Europe; with an increase of X% on the year before. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when imports increased by X%. Over the period under review, imports reached the peak figure at X units in 2017; however, from 2018 to 2023, imports stood at a somewhat lower figure.

In value terms, umbrella and walking-stick imports reduced to $X in 2023. Total imports indicated a temperate expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, imports reached the peak of $X. From 2015 to 2023, the growth of imports remained at a lower figure.

Imports by Country

In 2023, Russia (X units) and Poland (X units) were the largest importers of umbrellas and walking-sticks in Eastern Europe, together accounting for near X% of total imports. It was distantly followed by Hungary (X units), the Czech Republic (X units), Romania (X units), Ukraine (X units) and Belarus (X units), together creating a X% share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Belarus (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Poland ($X) and the Czech Republic ($X) were the countries with the highest levels of imports in 2023, together comprising X% of total imports. Romania, Hungary, Ukraine and Belarus lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Belarus, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in Eastern Europe amounted to $X per unit, declining by X% against the previous year. Import price indicated a notable increase from 2012 to 2023: its price 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 2023 figures, umbrella and walking-stick import price increased by X% against 2017 indices. The pace of growth was the most pronounced in 2022 when the import price increased by X%. As a result, import price attained the peak level of $X per unit, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Czech Republic ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Romania (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform