Europe: Walking-Sticks And Whips Market 2024

Walking-Sticks And Whips Market Size in Europe

In 2021, the Europe walking-sticks and whips market increased by 12% to $X, rising for the second year in a row after five years of decline. The total consumption indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +6.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +12.8% against 2019 indices. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Walking-Sticks And Whips Production in Europe

In value terms, walking-sticks and whips production fell to $X in 2021 estimated in export price. Over the period under review, production, however, posted a strong expansion. The most prominent rate of growth was recorded in 2014 when the production volume increased by 90% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Walking-Sticks And Whips Exports

Exports in Europe

In 2021, shipments abroad of walking-sticks, seat-sticks, whips and riding-crops increased by 9.2% to X tons, rising for the fifth year in a row after two years of decline. The total export volume increased at an average annual rate of +4.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 16%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, walking-sticks and whips exports soared to $X in 2021. Total exports indicated a pronounced increase from 2012 to 2021: its value increased at an average annual rate of +4.9% 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 +75.4% against 2015 indices. The pace of growth was the most pronounced in 2018 with an increase of 25% against the previous year. The level of export peaked in 2021 and is expected to retain growth in years to come.

Exports by Country

The shipments of the six major exporters of walking-sticks, seat-sticks, whips and riding-crops, namely the Czech Republic, Germany, the Netherlands, Spain, France and Belgium, represented more than two-thirds of total export. It was distantly followed by Poland (X tons), constituting a 6.2% 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 ($X) remains the largest walking-sticks and whips supplier in Europe, comprising 33% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 13% share of total exports. It was followed by Germany, with an 11% share.

From 2012 to 2021, the average annual growth rate of value in the Czech Republic stood at +5.7%. 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 Europe amounted to $X per ton, with an increase of 13% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 16%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting 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 Poland (+7.6%), while the other leaders experienced more modest paces of growth.

Walking-Sticks And Whips Imports

Imports in Europe

Walking-sticks and whips imports surged to X tons in 2021, jumping by 24% on the previous year. The total import volume increased at an average annual rate of +4.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 strong increase from 2012 to 2021: its value increased at an average annual rate of +6.3% 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 +61.2% against 2015 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons), France (X tons), Spain (X tons), the UK (X tons), the Netherlands (X tons), Belgium (X tons), Italy (X tons), Austria (X tons), Poland (X tons), the Czech Republic (X tons) and Russia (X tons) represented the key importer of walking-sticks, seat-sticks, whips and riding-crops in Europe, making up 85% 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, the largest walking-sticks and whips importing markets in Europe were Germany ($X), France ($X) and the Netherlands ($X), together accounting for 45% of total imports. These countries were followed by Spain, Austria, the Czech Republic, the UK, Italy, Belgium, Poland and Russia, which together accounted for a further 41%.

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

Import Prices by Country

In 2021, the import price in Europe amounted to $X per ton, approximately reflecting the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.6%. The growth pace was the most rapid in 2018 an increase of 14%. Over the period under review, import prices hit record highs in 2021 and is expected to retain growth in the immediate term.

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 ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform