The global export market for umbrella frames is dominated by China, which accounted for 121.55 million USD. Germany and Italy follow but with significantly lower exports, at 7.69 million USD and 3.69 million USD respectively. The United States, once a moderate player in this market, showed a decline in exports by -1.18% in 2023. Meanwhile, countries like South Africa, India, and Greece experienced notable growth rates, with Greece seeing a 13.91% increase. Emerging markets such as Costa Rica demonstrated significant growth with a 25.13% increase, suggesting rising participation in the global market.
Future trends to watch include continued dominance by China, although environmental regulations or trade policies could impact this. Monitor potential growth in emerging markets such as Costa Rica that showed substantial year-on-year increases. Economic shifts or policy changes could open new opportunities or pose risks for smaller exporters, potentially reshaping international trade dynamics.
Top countries in Export of Umbrella Frames by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 121,550,000 | 2023 | +1.38% | +0.43% | View data |
| 2 | 2 Germany | 7,693,800 | 2023 | +5.44% | +2.09% | View data |
| 3 | 3 Italy | 3,692,800 | 2023 | +1.56% | +0.25% | View data |
| 4 | 4 Spain | 2,832,300 | 2023 | +4.46% | +3.55% | View data |
| 5 | 5 Belgium | 1,773,600 | 2023 | +4.81% | +3.68% | View data |
| 6 | 6 South Africa | 1,652,700 | 2023 | +3.23% | +4.69% | View data |
| 7 | 7 Slovakia | 1,333,500 | 2023 | +4.65% | +3.33% | View data |
| 8 | 8 United States | 1,302,600 | 2023 | +0.12% | -1.18% | View data |
| 9 | 9 Austria | 616,830 | 2023 | +0.68% | +0.25% | View data |
| 10 | 10 Switzerland | 557,490 | 2023 | +2.82% | -0.68% | View data |
