Report Update Nov 1, 2024

Myanmar - Walking-Sticks, Seat-Sticks, Whips and Riding-Crops - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Walking-Sticks And Whips Market 2024

Walking-Sticks And Whips Market Size in Myanmar

The Myanmar's walking-sticks and whips market shrank dramatically to $X in 2021, falling by -75.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a abrupt setback. Walking-sticks and whips consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Walking-Sticks And Whips Exports

Exports from Myanmar

In 2021, exports of walking-sticks, seat-sticks, whips and riding-crops from Myanmar soared to X kg, increasing by 190% compared with the previous year. Over the period under review, exports continue to indicate buoyant growth. The growth pace was the most rapid in 2017 when exports increased by 515%. Over the period under review, the exports reached the peak figure at X kg in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, walking-sticks and whips exports skyrocketed to $X in 2021. In general, exports recorded a resilient expansion. The most prominent rate of growth was recorded in 2017 with an increase of 782%. The exports peaked in 2021 and are likely to see steady growth in the near future.

Exports by Country

Turkey (X kg), China (X kg) and the UK (X kg) were the main destinations of walking-sticks and whips exports from Myanmar, with a combined 92% share of total exports. Thailand lagged somewhat behind, accounting for a further 6.6%.

From 2012 to 2021, the biggest increases were in Thailand (with a CAGR of +29.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the key foreign market for walking-sticks and whips exports from Myanmar, comprising 61% of total exports. The second position in the ranking was held by Turkey ($X), with a 20% share of total exports. It was followed by the UK, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value to China stood at +16.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (0.0% per year) and the UK (0.0% per year).

Export Prices by Country

The average walking-sticks and whips export price stood at $X per ton in 2021, with a decrease of -25.3% against the previous year. Overall, the export price, however, posted a resilient increase. The pace of growth was the most pronounced in 2018 when the average export price increased by 98%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the UK ($X per ton), while the average price for exports to Turkey ($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 India (+37.5%), while the prices for the other major destinations experienced more modest paces of growth.

Walking-Sticks And Whips Imports

Imports into Myanmar

For the third consecutive year, Myanmar recorded decline in overseas purchases of walking-sticks, seat-sticks, whips and riding-crops, which decreased by -50.8% to X kg in 2021. Overall, imports recorded a deep setback. The growth pace was the most rapid in 2018 with an increase of 251% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, walking-sticks and whips imports dropped rapidly to $X in 2021. In general, imports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2018 with an increase of 340% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X kg) constituted the largest walking-sticks and whips supplier to Myanmar, with a 83% share of total imports. Moreover, walking-sticks and whips imports from China exceeded the figures recorded by the second-largest supplier, Singapore (X kg), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -9.9%.

In value terms, China ($X) constituted the largest supplier of walking-sticks and whips to Myanmar, comprising 90% of total imports. The second position in the ranking was held by Singapore ($X), with an 8.2% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at -6.0%.

Import Prices by Country

The average walking-sticks and whips import price stood at $X per ton in 2021, which is down by -15.3% against the previous year. Over the period under review, the import price, however, enjoyed a notable increase. The pace of growth was the most pronounced in 2014 when the average import price increased by 30%. Over the period under review, average import prices attained the maximum at $X per ton in 2020, and then declined notably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was China ($X per ton), while the price for Singapore stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+4.4%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for walking-sticks, seat-sticks, whips and riding-crops in the world?

The countries with the highest volumes of in 2021 were South Africa, China and the United States, together comprising 78% of global consumption.

What are the largest producers of walking-sticks, seat-sticks, whips and riding-crops in the world?

The country with the largest volume of walking-sticks and whips production was China, comprising approx. 80% of total volume. Moreover, walking-sticks and whips production in China exceeded the figures recorded by the second-largest producer, India, more than tenfold. The third position in this ranking was occupied by Taiwan Chinese), with a 2.4% share.

What are the leading suppliers of walking-sticks, seat-sticks, whips and riding-crops to Myanmar?

In value terms, China constituted the largest supplier of walking-sticks and whips to Myanmar, comprising 98% of total imports. The second position in the ranking was occupied by Singapore $535), with a 1.7% share of total imports.

What are the leading importers of walking-sticks, seat-sticks, whips and riding-crops from Myanmar?

In value terms, Germany remains the key foreign market for walking-sticks and whips exports from Myanmar, comprising 81% of total exports. The second position in the ranking was occupied by China $460), with a 9.9% share of total exports. It was followed by Turkey, with a 4.5% share.

What is the average export price for walking-sticks, seat-sticks, whips and riding-crops in Myanmar?

The average walking-sticks and whips export price stood at $44,740 per ton in 2021, picking up by 8.3% against the previous year.

What is the average import price for walking-sticks, seat-sticks, whips and riding-crops in Myanmar?

In 2021, the average walking-sticks and whips import price amounted to $20,654 per ton, waning by -8.8% against the previous year.

This report provides an in-depth analysis of the walking-sticks and whips market in Myanmar. 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:

Myanmar

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Myanmar
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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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
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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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023