Germany: Walking-Sticks And Whips Market 2024

Walking-Sticks And Whips Market Size in Germany

After three years of decline, the German walking-sticks and whips market increased by 23% to $X in 2021. Overall, the total consumption indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +3.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Walking-Sticks And Whips Production in Germany

In value terms, walking-sticks and whips production contracted to $X in 2021 estimated in export price. Overall, production saw a perceptible shrinkage. The pace of growth appeared the most rapid in 2014 with an increase of 168%. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Walking-Sticks And Whips Exports

Exports from Germany

In 2021, after two years of growth, there was significant decline in overseas shipments of walking-sticks, seat-sticks, whips and riding-crops, when their volume decreased by -18.1% to X tons. In general, total exports indicated a slight expansion from 2012 to 2021: its volume increased at an average annual rate of +1.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +43.3% against 2018 indices. The pace of growth was the most pronounced in 2020 with an increase of 48% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, walking-sticks and whips exports soared to $X in 2021. Over the period under review, exports saw a perceptible setback. The most prominent rate of growth was recorded in 2013 when exports increased by 21%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Poland (X tons), Austria (X tons) and France (X tons) were the main destinations of walking-sticks and whips exports from Germany, together comprising 62% of total exports. The Netherlands, the UK, Italy, the Czech Republic, Belgium, Switzerland, Spain, the United States and Denmark lagged somewhat behind, together comprising a further 29%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Denmark (with a CAGR of +14.3%), while the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), France ($X) and Poland ($X) were the largest markets for walking-sticks and whips exported from Germany worldwide, with a combined 39% share of total exports. Switzerland, the United States, the Netherlands, the UK, the Czech Republic, Italy, Belgium, Denmark and Spain lagged somewhat behind, together comprising a further 44%.

The Czech Republic, with a CAGR of +7.5%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average walking-sticks and whips export price stood at $X per ton in 2021, increasing by 48% against the previous year. In general, the export price, however, showed a noticeable curtailment. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to Poland ($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 the United States (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.

Walking-Sticks And Whips Imports

Imports into Germany

In 2021, imports of walking-sticks, seat-sticks, whips and riding-crops into Germany skyrocketed to X tons, rising by 19% compared with 2020 figures. The total import volume increased at an average annual rate of +5.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of 22% against the previous year. Imports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, walking-sticks and whips imports amounted to $X in 2021. The total import value increased at an average annual rate of +3.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when imports increased by 15%. Over the period under review, imports attained the peak figure in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of walking-sticks and whips to Germany, with a 63% share of total imports. Moreover, walking-sticks and whips imports from China exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), fourfold. The third position in this ranking was taken by the Netherlands (X tons), with an 8.6% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +5.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+6.7% per year) and the Netherlands (+13.9% per year).

In value terms, the largest walking-sticks and whips suppliers to Germany were China ($X), the Czech Republic ($X) and the Netherlands ($X), with a combined 83% share of total imports. These countries were followed by Taiwan (Chinese), France and Hong Kong SAR, which together accounted for a further 6.2%.

Among the main suppliers, Hong Kong SAR, with a CAGR of +19.9%, saw the highest growth rate of 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

The average walking-sticks and whips import price stood at $X per ton in 2021, falling by -5% against the previous year. Over the period under review, the import price recorded a mild setback. The most prominent rate of growth was recorded in 2018 an increase of 5.1% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was the Czech Republic ($X per ton), while the price for Hong Kong SAR ($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 Czech Republic (+2.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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