SADC: Umbrella And Walking-Stick Market 2024

Umbrella And Walking-Stick Market Size in SADC

The SADC umbrella and walking-stick market contracted to $X in 2022, approximately mirroring the previous year. The total consumption indicated notable growth 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, consumption decreased by X% against 2019 indices. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Umbrella And Walking-Stick Production in SADC

In value terms, umbrella and walking-stick production contracted slightly to $X in 2022 estimated in export price. The total production indicated a pronounced 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, production increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2015 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Umbrella And Walking-Stick Exports

Exports in SADC

In 2022, the amount of umbrellas and walking-sticks exported in SADC totaled X units, rising by X% against 2021 figures. Over the period under review, exports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The volume of export peaked at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, umbrella and walking-stick exports expanded markedly to $X in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, South Africa (X units) represented the key exporter of umbrellas and walking-sticks, making up X% of total exports. It was distantly followed by Mauritius (X units), mixing up an X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to umbrella and walking-stick exports from South Africa stood at X%. At the same time, Mauritius (X%) displayed positive paces of growth. Moreover, Mauritius emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. While the share of South Africa (X p.p.) and Mauritius (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest umbrella and walking-stick supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Mauritius ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in South Africa was relatively modest.

Export Prices by Country

The export price in SADC stood at $X per unit in 2022, picking up by X% against the previous year. Overall, the export price showed a noticeable expansion. The pace of growth appeared the most rapid in 2018 when the export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per unit), while Mauritius amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%).

Umbrella And Walking-Stick Imports

Imports in SADC

In 2022, the amount of umbrellas and walking-sticks imported in SADC amounted to X units, stabilizing at 2021. Over the period under review, imports posted mild growth. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, umbrella and walking-stick imports totaled $X in 2022. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

South Africa dominates imports structure, amounting to X units, which was approx. X% of total imports in 2022. It was distantly followed by Angola (X units), making up a X% share of total imports. Mauritius (X units), Mozambique (X units), Madagascar (X units), Tanzania (X units) and Democratic Republic of the Congo (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to umbrella and walking-stick imports into South Africa stood at X%. At the same time, Madagascar (X%) and Democratic Republic of the Congo (X%) displayed positive paces of growth. Moreover, Madagascar emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. Angola, Mozambique and Tanzania experienced a relatively flat trend pattern. By contrast, Mauritius (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of South Africa and Democratic Republic of the Congo increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X), Angola ($X) and Mozambique ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Mauritius, Tanzania, Democratic Republic of the Congo and Madagascar lagged somewhat behind, together accounting for a further X%.

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

Import Prices by Country

In 2022, the import price in SADC amounted to $X per unit, stabilizing at the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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