These Are Our Posts How much are cocktail umbrellas? The cost of each cocktail umbrella is approximately USD0.0538$. But the price we sell is much higher than that. Factors that affect price include customization, quantity, and shipping address. What Is A Cocktail Umbrella Made Of? The structure of the cocktail umbrella includes canopy, ribs and shaft (Pole). Shaft (Pole) is made of wooden toothpick. Ribs are made of match paper. Most of Canopy’s material is copy paper, and a small quantity of cocktail umbrella canopy is smooth fabric or tin foil.