Eastern Europe: Walking-Sticks And Whips Market 2024

Walking-Sticks And Whips Market Size in Eastern Europe

The East European walking-sticks and whips market declined notably to $X in 2021, which is down by -20.7% against the previous year. Overall, consumption, however, enjoyed a resilient expansion. The level of consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Walking-Sticks And Whips Production in Eastern Europe

In value terms, walking-sticks and whips production contracted to $X in 2021 estimated in export price. Overall, production, however, posted buoyant growth. The most prominent rate of growth was recorded in 2014 with an increase of 72% against the previous year. Over the period under review, production attained the maximum level at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

Walking-Sticks And Whips Exports

Exports in Eastern Europe

In 2021, overseas shipments of walking-sticks, seat-sticks, whips and riding-crops increased by 33% to X tons, rising for the fifth year in a row after four years of decline. Over the period under review, exports showed strong growth. The pace of growth appeared the most rapid in 2018 when exports increased by 115% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are likely to see steady growth in the immediate term.

In value terms, walking-sticks and whips exports soared to $X in 2021. In general, exports posted resilient growth. The most prominent rate of growth was recorded in 2018 when exports increased by 124%. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

Exports by Country

In 2021, the Czech Republic (X tons) was the key exporter of walking-sticks, seat-sticks, whips and riding-crops, generating 68% of total exports. It was distantly followed by Poland (X tons), comprising a 23% share of total exports. The following exporters - Russia (X tons), Hungary (X tons) and Slovakia (X tons) - together made up 6.1% of total exports.

From 2012 to 2021, average annual rates of growth with regard to walking-sticks and whips exports from the Czech Republic stood at +4.6%. At the same time, Poland (+48.3%), Russia (+28.1%), Hungary (+27.9%) and Slovakia (+14.0%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +48.3% from 2012-2021. From 2012 to 2021, the share of Poland and Russia increased by +22 and +2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Czech Republic ($X) remains the largest walking-sticks and whips supplier in Eastern Europe, comprising 76% of total exports. The second position in the ranking was held by Poland ($X), with a 20% share of total exports. It was followed by Slovakia, with a 1.5% share.

In the Czech Republic, walking-sticks and whips exports expanded at an average annual rate of +5.7% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Poland (+59.6% per year) and Slovakia (+33.8% per year).

Export Prices by Country

In 2021, the export price in Eastern Europe amounted to $X per ton, rising by 6.4% against the previous year. Overall, the export price saw a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was the Czech Republic ($X per ton), while Russia ($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 (+17.3%), while the other leaders experienced more modest paces of growth.

Walking-Sticks And Whips Imports

Imports in Eastern Europe

Walking-sticks and whips imports soared to X tons in 2021, rising by 15% against 2020. Total imports indicated noticeable growth from 2012 to 2021: its volume increased at an average annual rate of +2.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when imports increased by 24%. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, walking-sticks and whips imports surged to $X in 2021. Over the period under review, imports saw a prominent increase. The pace of growth appeared the most rapid in 2018 when imports increased by 48%. The level of import peaked in 2021 and is expected to retain growth in the near future.

Imports by Country

The purchases of the three major importers of walking-sticks, seat-sticks, whips and riding-crops, namely Poland, the Czech Republic and Russia, represented more than two-thirds of total import. Hungary (X tons) held the next position in the ranking, followed by Romania (X tons) and Slovakia (X tons). All these countries together held near 23% share of total imports. Bulgaria (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Hungary (with a CAGR of +24.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X) constitutes the largest market for imported walking-sticks, seat-sticks, whips and riding-crops in Eastern Europe, comprising 46% of total imports. The second position in the ranking was taken by Poland ($X), with a 22% share of total imports. It was followed by Russia, with a 9.1% share.

From 2012 to 2021, the average annual growth rate of value in the Czech Republic stood at +8.1%. In the other countries, the average annual rates were as follows: Poland (+12.7% per year) and Russia (-5.3% per year).

Import Prices by Country

In 2021, the import price in Eastern Europe amounted to $X per ton, increasing by 3.2% against the previous year. Import price indicated a temperate expansion from 2012 to 2021: its price increased at an average annual rate of +4.6% 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 increased by +3.1% against 2018 indices. The growth pace was the most rapid in 2018 an increase of 26% against the previous year. The level of import peaked in 2021 and is likely to continue growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was the Czech Republic ($X per ton), while Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bulgaria (+13.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :