EU: Walking-Sticks And Whips Market 2024

Walking-Sticks And Whips Market Size in the EU

In 2021, the EU walking-sticks and whips market increased by 15% to $X, rising for the second year in a row after five years of decline. The total consumption indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +6.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +16.7% against 2019 indices. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Walking-Sticks And Whips Production in the EU

In value terms, walking-sticks and whips production shrank to $X in 2021 estimated in export price. In general, production, however, posted a measured increase. The growth pace was the most rapid in 2014 when the production volume increased by 92% against the previous year. The level of production peaked at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Walking-Sticks And Whips Exports

Exports in the EU

In 2021, overseas shipments of walking-sticks, seat-sticks, whips and riding-crops increased by 13% to X tons, rising for the fifth consecutive year after two years of decline. Total exports indicated pronounced growth from 2012 to 2021: its volume 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, exports increased by +58.1% against 2016 indices. The growth pace was the most rapid in 2020 when exports increased by 17%. The volume of export peaked in 2021 and is expected to retain growth in the near future.

In value terms, walking-sticks and whips exports soared to $X in 2021. Total exports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +86.0% against 2015 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The biggest shipments were from the Czech Republic (X tons), Germany (X tons), the Netherlands (X tons), Spain (X tons), France (X tons) and Belgium (X tons), together accounting for 82% of total export. It was distantly followed by Poland (X tons), generating a 6.4% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Poland (with a CAGR of +48.3%), while the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X) remains the largest walking-sticks and whips supplier in the European Union, comprising 34% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 13% share of total exports. It was followed by Germany, with a 12% 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: the Netherlands (+11.3% per year) and Germany (-2.2% per year).

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per ton, with an increase of 13% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the export price increased by 17%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+7.6%), while the other leaders experienced more modest paces of growth.

Walking-Sticks And Whips Imports

Imports in the EU

In 2021, the amount of walking-sticks, seat-sticks, whips and riding-crops imported in the European Union soared to X tons, picking up by 30% compared with the previous year. Total imports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +6.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, walking-sticks and whips imports soared to $X in 2021. Total imports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +7.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +76.5% against 2015 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The purchases of the nine major importers of walking-sticks, seat-sticks, whips and riding-crops, namely Germany, France, Spain, the Netherlands, Belgium, Italy, Austria, Poland and the Czech Republic, represented more than two-thirds of total import.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Poland (with a CAGR of +14.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the Netherlands ($X) were the countries with the highest levels of imports in 2021, together accounting for 51% of total imports. Spain, Austria, the Czech Republic, Italy, Belgium and Poland lagged somewhat behind, together comprising a further 39%.

Spain, with a CAGR of +12.9%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2021, remaining constant against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the import price increased by 6.5%. As a result, import price reached the peak level of $X per ton, and then shrank in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was the Czech Republic ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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