Kazakhstan: Walking-Sticks And Whips Market 2024

Walking-Sticks And Whips Market Size in Kazakhstan

In 2021, the Kazakh walking-sticks and whips market increased by 9.8% to $X, rising for the fifth year in a row after two years of decline. Overall, consumption, however, recorded a pronounced descent. Walking-sticks and whips consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Walking-Sticks And Whips Exports

Exports from Kazakhstan

In 2021, shipments abroad of walking-sticks, seat-sticks, whips and riding-crops decreased by -70% to X kg, falling for the third consecutive year after two years of growth. Overall, exports saw a deep setback. The most prominent rate of growth was recorded in 2018 with an increase of 967% against the previous year. As a result, the exports attained the peak of X kg. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, walking-sticks and whips exports contracted slightly to $X in 2021. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2015 when exports increased by 7,460% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Kyrgyzstan (X kg) and Germany (X kg) were the main destinations of walking-sticks and whips exports from Kazakhstan. Moreover, walking-sticks and whips exports in Kyrgyzstan exceeded the figures recorded by the second-largest exporter, Germany, twofold.

From 2012 to 2021, the biggest increases were in Kyrgyzstan (with a CAGR of 0.0%).

In value terms, Kyrgyzstan ($X) emerged as the key foreign market for walking-sticks and whips exports from Kazakhstan, comprising 96% of total exports. The second position in the ranking was held by Ukraine ($X), with a 3.4% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Kyrgyzstan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (-7.4% per year) and Germany (-13.0% per year).

Export Prices by Country

In 2021, the average walking-sticks and whips export price amounted to $X per ton, growing by 209% against the previous year. Over the period under review, the export price continues to indicate a significant increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by 602%. Over the period under review, the average export prices reached the maximum at $X per ton in 2018; however, from 2019 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 Kyrgyzstan ($X per ton), while the average price for exports to Germany ($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 (+259.9%), while the prices for the other major destinations experienced more modest paces of growth.

Walking-Sticks And Whips Imports

Imports into Kazakhstan

For the sixth consecutive year, Kazakhstan recorded growth in overseas purchases of walking-sticks, seat-sticks, whips and riding-crops, which increased by 12% to X tons in 2021. Over the period under review, imports, however, showed a pronounced decline. The pace of growth was the most pronounced in 2017 with an increase of 40% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, walking-sticks and whips imports rose notably to $X in 2021. In general, imports, however, saw a slight decline. The most prominent rate of growth was recorded in 2017 when imports increased by 35% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

China (X tons), Russia (X tons) and the Czech Republic (X tons) were the main suppliers of walking-sticks and whips imports to Kazakhstan, with a combined 90% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +35.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest walking-sticks and whips suppliers to Kazakhstan were the Czech Republic ($X), Russia ($X) and China ($X), with a combined 87% share of total imports.

In terms of the main suppliers, the Czech Republic, with a CAGR of +32.9%, 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, which is down by -5.4% against the previous year. Overall, import price indicated a mild increase from 2012 to 2021: its price increased at an average annual rate of +1.3% 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 decreased by -31.6% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 58% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+0.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :