Umbrellas market in Spain

Earlier Report Observations

The umbrella market in Spain experienced a pronounced contraction from 2018 to 2020, with total volume falling from 15 435 тыс. шт. to 9 554 тыс. шт. and market value declining from 84.7 млн долл. to 69.6 млн долл.

A sustained recovery began in 2021, driven by post-pandemic shifts toward outdoor activities and increased investment in commercial parasols by the hospitality and tourism sectors. This growth was accelerated by the emergence of new product segments, including smart umbrellas with IoT features and solar-powered models, as well as rising consumer preference for UV-protective and sustainable designs. By 2024, market volume had rebounded to 15 888 тыс. шт., supported by ongoing innovation and the expansion of premium, customized offerings.

Production umbrellas in Spain

In value, 2017-2020, K $ US

After two years of growth, umbrella production in Spain experienced a decline. In 2020, the output value of umbrellas in Spain was $29,200 thousand, representing a 7.7% decrease compared to the previous year. Over the period from 2017 to 2020, production increased by 13.8%, with a compound annual growth rate (CAGR) of 4.4%. The peak value was recorded in 2019 at $31,635 thousand. The largest annual increase occurred in 2018, with a growth of 23.3%.

Annual dynamics of production in Spain in value, 2017-2020, K $ US

In kind, 2017-2020, K unit

Umbrella production in Spain declined for the second consecutive year. In 2020, Spain produced 247.4 thousand units of umbrellas, marking a significant reduction of 17.2% compared to 2019. From 2017 to 2020, overall production decreased by 2.5%, with a compound annual growth rate (CAGR) of -0.8%. The highest production volume was recorded in 2018 at 307.0 thousand units. The largest annual increase also occurred in 2018, with a growth of 21.0%.

Annual dynamics of production in Spain in kind, 2017-2020, K unit

Exports umbrellas from Spain

Exports in kind, K unit

After two years of growth, Spain's umbrella export volume declined. In 2020, Spain exported 2,109 thousand units of umbrellas, which is 31.6% lower than in 2019. Over the period from 2017 to 2020, exports decreased by 25.3%, with a compound annual growth rate (CAGR) of -9.3%. The peak export volume was recorded in 2019 at 3,084 thousand units. The largest annual increase occurred in 2019, with a growth of 6.9%.

Annual dynamics of product's exports from Spain in kind, 2017-2020, K unit

From 2017 to 2020, Italy, Portugal, and France remained the primary buyers of umbrellas from Spain in terms of volume. Italy accounted for 24.0% of exports, Portugal for 23.1%, and France for 20.7%. Together, these three countries formed 67.8% of Spain's total umbrella exports in kind.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Spain in kind, 2017-2020

Exports in value, K $ US

After two years of growth, the value of umbrella exports from Spain declined. In 2020, Spain exported $15,563 thousand worth of umbrellas, indicating a strong contraction of 17.5% year-over-year. The peak value was recorded in 2019 at $18,874 thousand. The largest annual increase occurred in 2018, with a growth of 10.3%.

Annual dynamics of product's exports from Spain in value, 2017-2020, K $ US

From 2017 to 2020, France, Portugal, and Italy were the main markets for Spain's umbrella exports in value terms. France accounted for 27.6% of exports, Portugal for 22.0%, and Italy for 14.2%. Collectively, these three countries represented 63.8% of total export flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Spain in value, 2017-2020

Imports umbrellas to Spain

Imports in kind, K unit

Umbrella imports to Spain declined for the second consecutive year. In 2020, imports totaled 11,416 thousand units, showing a sharp drop of 29.6% year-over-year. Over the period from 2017 to 2020, imports decreased by 33.1%, with a compound annual growth rate (CAGR) of -12.6%. The peak import volume was recorded in 2018 at 18,013 thousand units. The largest annual increase occurred in 2018, with a growth of 5.5%.

Annual dynamics of product's imports to Spain in kind, 2017-2020, K unit

From 2017 to 2020, China remained the dominant partner for umbrella imports to Spain in terms of volume, holding a share of 89.8% of total flows. Other markets collectively formed a long tail with smaller shares.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Spain in kind, 2017-2020

Imports in value, K $ US

Umbrella imports to Spain declined for the second consecutive year. In 2020, Spain imported approximately $55,938 thousand worth of umbrellas, constituting a solid decline of 10.8% compared to the previous year. Over the period from 2017 to 2020, imports decreased by 13.4%, with a compound annual growth rate (CAGR) of -4.7%. The peak value was recorded in 2018 at $70,517 thousand. The largest annual decline occurred in 2019, with a decrease of 11.1%, while the largest annual increase was in 2018, with a growth of 9.2%.

Annual dynamics of product's imports to Spain in value, 2017-2020, K $ US

From 2017 to 2020, China was the dominant destination for umbrella imports to Spain in value terms, accounting for 81.2% of total flows. The remaining share was distributed among a number of smaller markets.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Spain in value, 2017-2020