Romania: Walking-Sticks And Whips Market 2024

Walking-Sticks And Whips Market Size in Romania

In 2021, the Romanian walking-sticks and whips market increased by 2.2% to $X for the first time since 2018, thus ending a two-year declining trend. In general, the total consumption indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +6.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Romania

In 2021, shipments abroad of walking-sticks, seat-sticks, whips and riding-crops increased by 62% to X tons, rising for the fourth consecutive year after three years of decline. Over the period under review, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2014 when exports increased by 5,211%. The exports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, walking-sticks and whips exports surged to $X in 2021. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 13,297%. Over the period under review, the exports reached the maximum in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

Bulgaria (X tons) was the main destination for walking-sticks and whips exports from Romania, with a 76% share of total exports. Moreover, walking-sticks and whips exports to Bulgaria exceeded the volume sent to the second major destination, Greece (X tons), fourfold. The third position in this ranking was held by the Czech Republic (X kg), with a 3.8% share.

From 2012 to 2021, the average annual growth rate of volume to Bulgaria stood at +230.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (+164.3% per year) and the Czech Republic (+35.9% per year).

In value terms, Bulgaria ($X) remains the key foreign market for walking-sticks and whips exports from Romania, comprising 77% of total exports. The second position in the ranking was taken by Greece ($X), with a 19% share of total exports. It was followed by the Czech Republic, with a 3.2% share.

From 2012 to 2021, the average annual growth rate of value to Bulgaria stood at +244.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (+162.9% per year) and the Czech Republic (+31.9% per year).

Export Prices by Country

The average walking-sticks and whips export price stood at $X per ton in 2021, reducing by -2.2% against the previous year. Overall, the export price, however, posted a buoyant increase. The growth pace was the most rapid in 2014 an increase of 152% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Germany ($X per ton), while the average price for exports to the Czech Republic ($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 Germany (+44.2%), while the prices for the other major destinations experienced mixed trend patterns.

Walking-Sticks And Whips Imports

Imports into Romania

In 2021, overseas purchases of walking-sticks, seat-sticks, whips and riding-crops decreased by -2.6% to X tons, falling for the second year in a row after five years of growth. In general, total imports indicated a resilient expansion from 2012 to 2021: its volume increased at an average annual rate of +5.0% 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 -10.2% against 2019 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 16%. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, walking-sticks and whips imports soared to $X in 2021. Overall, imports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2017 when imports increased by 45% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

Imports by Country

China (X tons), France (X tons) and Spain (X tons) were the main suppliers of walking-sticks and whips imports to Romania, with a combined 77% 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 Spain (with a CAGR of +191.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest walking-sticks and whips suppliers to Romania were France ($X), Spain ($X) and China ($X), with a combined 62% share of total imports. The Czech Republic, Italy, Germany, Hungary and Turkey lagged somewhat behind, together accounting for a further 28%.

In terms of the main suppliers, the Czech Republic, with a CAGR of +156.4%, recorded 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

In 2021, the average walking-sticks and whips import price amounted to $X per ton, surging by 25% against the previous year. Overall, the import price posted resilient growth. The most prominent rate of growth was recorded in 2014 an increase of 48%. The import price peaked in 2021 and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+6.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :