Italy: Walking-Sticks And Whips Market 2024

Walking-Sticks And Whips Market Size in Italy

The Italian walking-sticks and whips market soared to $X in 2021, jumping by 71% against the previous year. Overall, consumption posted a significant increase. Walking-sticks and whips consumption peaked in 2021 and is expected to retain growth in the immediate term.

Walking-Sticks And Whips Production in Italy

In value terms, walking-sticks and whips production amounted to $X in 2021 estimated in export price. In general, production, however, showed a perceptible descent. The most prominent rate of growth was recorded in 2013 with an increase of 20% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Walking-Sticks And Whips Exports

Exports from Italy

In 2021, overseas shipments of walking-sticks, seat-sticks, whips and riding-crops decreased by -10.2% to X tons, falling for the eighth consecutive year after two years of growth. Overall, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2013 with an increase of 8.7% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, walking-sticks and whips exports rose remarkably to $X in 2021. In general, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2013 when exports increased by 39% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

France (X tons) was the main destination for walking-sticks and whips exports from Italy, with a 21% share of total exports. Moreover, walking-sticks and whips exports to France exceeded the volume sent to the second major destination, Spain (X tons), threefold. The third position in this ranking was taken by Slovenia (X tons), with a 6.6% share.

From 2012 to 2021, the average annual growth rate of volume to France stood at -23.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+2.3% per year) and Slovenia (+10.4% per year).

In value terms, France ($X) remains the key foreign market for walking-sticks and whips exports from Italy, comprising 25% of total exports. The second position in the ranking was held by Germany ($X), with an 11% share of total exports. It was followed by Spain, with a 7.7% share.

From 2012 to 2021, the average annual growth rate of value to France amounted to -17.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+15.6% per year) and Spain (+4.7% per year).

Export Prices by Country

The average walking-sticks and whips export price stood at $X per ton in 2021, increasing by 23% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +5.1%. The growth pace was the most rapid in 2013 when the average export price increased by 28% against the previous year. The export price peaked in 2021 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Germany ($X per ton), while the average price for exports to Kuwait ($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 Germany (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.

Walking-Sticks And Whips Imports

Imports into Italy

In 2021, walking-sticks and whips imports into Italy surged to X tons, rising by 51% on the year before. In general, total imports indicated a remarkable increase from 2012 to 2021: its volume 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, imports increased by +82.5% against 2018 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, walking-sticks and whips imports skyrocketed to $X in 2021. Over the period under review, total imports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +7.0% 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 increased by +97.3% against 2018 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Spain (X tons) and France (X tons) were the main suppliers of walking-sticks and whips imports to Italy, together comprising 80% of total imports. Germany, Austria and Belgium lagged somewhat behind, together comprising a further 17%.

From 2012 to 2021, the biggest increases were in Austria (with a CAGR of +83.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Spain ($X) and France ($X) were the largest walking-sticks and whips suppliers to Italy, with a combined 72% share of total imports. Germany, Austria and Belgium lagged somewhat behind, together accounting for a further 22%.

Austria, with a CAGR of +73.2%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average walking-sticks and whips import price amounted to $X per ton, growing by 4.8% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 15% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+10.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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