Malaysia - Walking-Sticks, Seat-Sticks, Whips and Riding-Crops - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMalaysia: Walking-Sticks And Whips Market 2024
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
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the walking-sticks and whips market in Malaysia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 32992150 - Walking-sticks, seat-sticks, whips, riding-crops and the like
Country coverage:
- Malaysia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Malaysia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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