Czech Republic: Walking-Sticks And Whips Market 2024

Walking-Sticks And Whips Market Size in the Czech Republic

The Czech walking-sticks and whips market dropped notably to $X in 2021, shrinking by -55.9% against the previous year. Over the period under review, consumption, however, continues to indicate prominent growth. Walking-sticks and whips consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Walking-Sticks And Whips Production in the Czech Republic

In value terms, walking-sticks and whips production shrank to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by 86%. Walking-sticks and whips production peaked at $X in 2020, and then shrank in the following year.

Walking-Sticks And Whips Exports

Exports from the Czech Republic

Walking-sticks and whips exports from the Czech Republic surged to X tons in 2021, increasing by 19% on the previous year. In general, exports saw a noticeable increase. The most prominent rate of growth was recorded in 2018 with an increase of 140% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the near future.

In value terms, walking-sticks and whips exports surged to $X in 2021. Over the period under review, exports saw buoyant growth. The pace of growth appeared the most rapid in 2018 with an increase of 135%. The exports peaked in 2021 and are likely to continue growth in years to come.

Exports by Country

Germany (X tons) was the main destination for walking-sticks and whips exports from the Czech Republic, accounting for a 40% share of total exports. Moreover, walking-sticks and whips exports to Germany exceeded the volume sent to the second major destination, the United States (X tons), threefold. Switzerland (X tons) ranked third in terms of total exports with a 9.7% share.

From 2012 to 2021, the average annual growth rate of volume to Germany amounted to +5.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+9.1% per year) and Switzerland (+5.9% per year).

In value terms, Germany ($X) remains the key foreign market for walking-sticks and whips exports from the Czech Republic, comprising 37% of total exports. The second position in the ranking was taken by the United States ($X), with a 12% share of total exports. It was followed by Switzerland, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany amounted to +6.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+8.9% per year) and Switzerland (+10.0% per year).

Export Prices by Country

In 2021, the average walking-sticks and whips export price amounted to $X per ton, rising by 8.8% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.0%. The pace of growth appeared the most rapid in 2014 when the average export price increased by 11% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was South Korea ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.

Walking-Sticks And Whips Imports

Imports into the Czech Republic

In 2021, after two years of decline, there was significant growth in overseas purchases of walking-sticks, seat-sticks, whips and riding-crops, when their volume increased by 24% to X tons. Overall, total imports indicated a mild expansion from 2012 to 2021: its volume increased at an average annual rate of +1.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -11.4% against 2018 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 35%. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, walking-sticks and whips imports totaled $X in 2021. In general, imports posted strong growth. The growth pace was the most rapid in 2018 when imports increased by 76% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Taiwan (Chinese) (X tons) and Germany (X tons) were the main suppliers of walking-sticks and whips imports to the Czech Republic, with a combined 81% share of total imports. These countries were followed by Poland, the Netherlands, Austria, Slovakia and Italy, which together accounted for a further 17%.

From 2012 to 2021, the biggest increases were in the Netherlands (with a CAGR of +131.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Taiwan (Chinese) ($X) constituted the largest supplier of walking-sticks and whips to the Czech Republic, comprising 67% of total imports. The second position in the ranking was taken by China ($X), with an 11% share of total imports. It was followed by Germany, with a 6.5% share.

From 2012 to 2021, the average annual growth rate of value from Taiwan (Chinese) totaled +36.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-13.1% per year) and Germany (+13.5% per year).

Import Prices by Country

The average walking-sticks and whips import price stood at $X per ton in 2021, dropping by -8.4% against the previous year. In general, import price indicated a remarkable increase from 2012 to 2021: its price increased at an average annual rate of +6.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, walking-sticks and whips import price decreased by -9.0% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 44%. Over the period under review, average import prices hit record highs at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovakia (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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