Portugal: Walking-Sticks And Whips Market 2024

Walking-Sticks And Whips Market Size in Portugal

In 2021, the Portuguese walking-sticks and whips market increased by 70% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, the total consumption indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +6.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -11.7% against 2018 indices. Walking-sticks and whips consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Walking-Sticks And Whips Exports

Exports from Portugal

Walking-sticks and whips exports from Portugal dropped remarkably to X tons in 2021, with a decrease of -29.1% against the previous year's figure. Over the period under review, exports continue to indicate a precipitous descent. The pace of growth appeared the most rapid in 2016 when exports increased by 736% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, walking-sticks and whips exports reduced sharply to $X in 2021. In general, exports showed a abrupt decrease. The pace of growth was the most pronounced in 2016 with an increase of 615%. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Spain (X kg) was the main destination for walking-sticks and whips exports from Portugal, with a 76% share of total exports. Moreover, walking-sticks and whips exports to Spain exceeded the volume sent to the second major destination, Angola (X kg), fourfold.

From 2012 to 2021, the average annual growth rate of volume to Spain stood at -24.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Angola (+40.9% per year) and Libya (0.0% per year).

In value terms, Spain ($X) remains the key foreign market for walking-sticks and whips exports from Portugal, comprising 68% of total exports. The second position in the ranking was held by Angola ($X), with a 24% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Spain stood at -17.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Angola (+39.7% per year) and Libya (0.0% per year).

Export Prices by Country

The average walking-sticks and whips export price stood at $X per ton in 2021, shrinking by -17.3% against the previous year. Over the period under review, the export price, however, saw resilient growth. The pace of growth appeared the most rapid in 2015 an increase of 395% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Libya ($X per ton), while the average price for exports to Spain ($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 Spain (+9.1%).

Walking-Sticks And Whips Imports

Imports into Portugal

In 2021, after two years of decline, there was significant growth in supplies from abroad of walking-sticks, seat-sticks, whips and riding-crops, when their volume increased by 59% to X tons. Over the period under review, imports, however, showed a mild setback. The pace of growth was the most pronounced in 2016 when imports increased by 74%. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, walking-sticks and whips imports surged to $X in 2021. In general, total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +5.5% 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 decreased by -7.8% against 2019 indices. The pace of growth appeared the most rapid in 2016 with an increase of 84% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Spain (X tons) constituted the largest supplier of walking-sticks and whips to Portugal, with a 44% share of total imports. Moreover, walking-sticks and whips imports from Spain exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), twofold. The third position in this ranking was held by Germany (X tons), with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Spain stood at +17.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+29.1% per year) and Germany (+6.9% per year).

In value terms, Spain ($X) constituted the largest supplier of walking-sticks and whips to Portugal, comprising 55% of total imports. The second position in the ranking was taken by France ($X), with a 16% share of total imports. It was followed by Germany, with a 9.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain totaled +14.1%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+0.8% per year) and Germany (+6.2% per year).

Import Prices by Country

In 2021, the average walking-sticks and whips import price amounted to $X per ton, rising by 4.2% against the previous year. In general, import price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +6.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, walking-sticks and whips import price increased by +40.0% against 2018 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 45% against the previous year. The import price peaked in 2021 and is likely to see steady growth in the near future.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while the price for the Netherlands ($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 (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :