MENA: Umbrella And Walking-Stick Market 2024

Umbrella And Walking-Stick Market Size in MENA

The MENA's umbrella and walking-stick market rose to $X in 2022, picking up by X% against the previous year. Over the period under review, consumption showed a perceptible slump. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Umbrella And Walking-Stick Production in MENA

In value terms, umbrella and walking-stick production declined to $X in 2022 estimated in export price. Overall, production recorded a perceptible reduction. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Umbrella And Walking-Stick Exports

Exports in MENA

In 2022, overseas shipments of umbrellas and walking-sticks were finally on the rise to reach X units after three years of decline. In general, exports, however, saw a drastic downturn. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, umbrella and walking-stick exports skyrocketed to $X in 2022. Total exports indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

Turkey (X units) and the United Arab Emirates (X units) dominates exports structure, together constituting X% of total exports. It was distantly followed by Saudi Arabia (X units), creating a X% share of total exports. Tunisia (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Saudi Arabia (with a CAGR of X%), while the other leaders experienced a decline in the exports figures.

In value terms, Turkey ($X) remains the largest umbrella and walking-stick supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Tunisia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey stood at X%. In the other countries, the average annual rates were as follows: the United Arab Emirates (X% per year) and Tunisia (X% per year).

Export Prices by Country

In 2022, the export price in MENA amounted to $X per unit, jumping by X% against the previous year. Over the period under review, the export price enjoyed prominent growth. The growth pace was the most rapid in 2021 an increase of X%. The level of export peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Tunisia ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (X%), while the other leaders experienced more modest paces of growth.

Umbrella And Walking-Stick Imports

Imports in MENA

In 2022, imports of umbrellas and walking-sticks in MENA totaled X units, approximately equating 2021. Over the period under review, imports, however, saw a abrupt decrease. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, umbrella and walking-stick imports skyrocketed to $X in 2022. In general, imports, however, continue to indicate a mild descent. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Turkey (X units), Djibouti (X units), the United Arab Emirates (X units) and Israel (X units) represented roughly X% of total imports in 2022. Iraq (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Algeria (X%), Morocco (X%) and Iran (X%).

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Morocco (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest umbrella and walking-stick importing markets in MENA were the United Arab Emirates ($X), Israel ($X) and Turkey ($X), together accounting for X% of total imports. Djibouti, Iraq, Algeria, Morocco and Iran lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Iraq, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The import price in MENA stood at $X per unit in 2022, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2014 an increase of X%. Over the period under review, import prices reached the peak figure in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United Arab Emirates ($X per unit), while Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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