In 2023, China overwhelmingly led the global export of parts and trimmings of umbrellas and walking sticks, holding 73.3% of the market share in kilograms. Germany and the Netherlands followed, although at a much lower volume, with shares of 7.42% and 3.07% respectively. Most European countries demonstrated modest growth, with Bosnia and Herzegovina and Slovenia witnessing the highest year-on-year increase at 9.5% and 64.64% respectively. Conversely, the United Arab Emirates saw a notable decrease of 4.59%, reflecting a potential shift in regional dynamics.
Future trends to consider include the potential for growth in emerging markets such as Slovenia and Bosnia and Herzegovina, driven by increasing manufacturing capabilities. Conversely, established exporters like China and Germany may focus on innovation and adding value to maintain their market dominance. Sustainability trends and regional trade policy developments could also reshape the competitive landscape.
Top countries in Export of Parts and Trimmings of Umbrella, Walking Sticks Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 73.3 | 2023 | +4.94% | +4.05% | View data |
| 2 | 2 Germany | 7.42 | 2023 | +1.84% | +2.14% | View data |
| 3 | 3 Netherlands | 3.07 | 2023 | +3.32% | +3.69% | View data |
| 4 | 4 Austria | 2.99 | 2023 | +3.6% | +4.08% | View data |
| 5 | 5 Belgium | 2.09 | 2023 | +1.93% | +3.76% | View data |
| 6 | 6 Denmark | 1.47 | 2023 | +5.25% | +6.93% | View data |
| 7 | 7 Italy | 1.23 | 2023 | +3% | +2.82% | View data |
| 8 | 8 Poland | 1.22 | 2023 | +3.62% | +3.91% | View data |
| 9 | 9 Spain | 0.69 | 2023 | +1.69% | +2.62% | View data |
| 10 | 10 Switzerland | 0.64 | 2023 | +0.93% | +1.2% | View data |
