Malaysia: Walking-Sticks And Whips Market 2025

Walking-Sticks And Whips Market Size in Malaysia

In 2021, the Malaysian walking-sticks and whips market increased by 72% to $X, rising for the third year in a row after two years of decline. Overall, consumption recorded a buoyant expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Walking-Sticks And Whips Exports

Exports from Malaysia

In 2021, exports of walking-sticks, seat-sticks, whips and riding-crops from Malaysia soared to X tons, jumping by 69% against the previous year's figure. In general, exports saw modest growth. The growth pace was the most rapid in 2018 with an increase of 75%. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, walking-sticks and whips exports skyrocketed to $X in 2021. Overall, exports continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2017 when exports increased by 145% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Vietnam (X kg), the UK (X kg) and the Philippines (X kg) were the main destinations of walking-sticks and whips exports from Malaysia, together accounting for 75% of total exports. Indonesia, the United States and Brunei Darussalam lagged somewhat behind, together comprising a further 24%.

From 2012 to 2021, the biggest increases were in Indonesia (with a CAGR of +252.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for walking-sticks and whips exported from Malaysia were Vietnam ($X), the UK ($X) and the Philippines ($X), together accounting for 76% of total exports. Indonesia, the United States and Brunei Darussalam lagged somewhat behind, together accounting for a further 24%.

In terms of the main countries of destination, Indonesia, with a CAGR of +295.4%, saw the highest growth rate of the value of exports, 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, jumping by 43% against the previous year. Overall, the export price recorded prominent growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 89%. Over the period under review, the average export prices reached the peak figure in 2021 and is likely to continue growth in years to come.

Average prices varied somewhat for the major foreign markets. In 2021, the countries with the highest prices were the Philippines ($X per ton) and the United States ($X per ton), while the average price for exports to Brunei Darussalam ($X per ton) and Indonesia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+165.7%), while the prices for the other major destinations experienced more modest paces of growth.

Walking-Sticks And Whips Imports

Imports into Malaysia

In 2021, supplies from abroad of walking-sticks, seat-sticks, whips and riding-crops increased by 73% to X tons, rising for the third consecutive year after two years of decline. Overall, imports continue to indicate a prominent expansion. 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 soared to $X in 2021. In general, imports recorded a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) was the main supplier of walking-sticks and whips to Malaysia, with a 96% share of total imports. It was followed by Taiwan (Chinese) (X tons), with a 2.7% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +15.0%.

In value terms, China ($X) constituted the largest supplier of walking-sticks and whips to Malaysia, comprising 96% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 2.7% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +17.2%.

Import Prices by Country

In 2021, the average walking-sticks and whips import price amounted to $X per ton, approximately equating the previous year. Over the last nine-year period, it increased at an average annual rate of +1.9%. The pace of growth was the most pronounced in 2018 an increase of 22%. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for China stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+1.9%).

Source: IndexBox Platform

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