In 2023, China dominated the global export market for umbrella frames with substantial volume. In contrast, Spain and Germany experienced slight growth and declines respectively. Italy saw a minor decline, while South Africa and India posted notable increases. Greece and Australia stood out with significant percentage gains, whereas Brazil and Norway suffered notable declines. Noteworthy was Costa Rica's impressive growth, marking it as a rising participant. Over a five-year period, the CAGR indicates a varied trend with some countries expanding their market presence, while others retract.
Future trends to watch include the impact of emerging economies like India and South Africa which are showing growth potential. Additionally, advancements in eco-friendly materials could shift market preferences and influence export dynamics. The global move towards sustainable practices may also drive innovative, lightweight frames which could reform competitive standings in this sector.
Top countries in Export of Umbrella Frames by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 36,329,000 | 2023 | +1.78% | +0.74% | View data |
| 2 | 2 Spain | 973,830 | 2023 | +4.73% | +3.47% | View data |
| 3 | 3 Italy | 584,100 | 2023 | -1.09% | -1.58% | View data |
| 4 | 4 Germany | 376,420 | 2023 | +1.13% | -2.34% | View data |
| 5 | 5 South Africa | 179,030 | 2023 | +1.26% | +3.48% | View data |
| 6 | 6 Slovakia | 124,250 | 2023 | +3.68% | +2.11% | View data |
| 7 | 7 India | 93,700 | 2023 | +1.03% | +6.53% | View data |
| 8 | 8 Belgium | 80,020 | 2023 | -0.27% | -0.36% | View data |
| 9 | 9 Austria | 58,910 | 2023 | -1.19% | -2.69% | View data |
| 10 | 10 Latvia | 44,750 | 2023 | -1.31% | -0.7% | View data |
