Scandinavia: Walking-Sticks And Whips Market 2024

Walking-Sticks And Whips Market Size in Scandinavia

The Scandinavia walking-sticks and whips market surged to $X in 2021, picking up by 21% against the previous year. The total consumption indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +10.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +83.7% against 2016 indices. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the near future.

Walking-Sticks And Whips Production in Scandinavia

In value terms, walking-sticks and whips production fell to $X in 2021 estimated in export price. Overall, production, however, continues to indicate significant growth. The pace of growth was the most pronounced in 2013 with an increase of 67,704%. Over the period under review, production attained the maximum level at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

Walking-Sticks And Whips Exports

Exports in Scandinavia

In 2021, walking-sticks and whips exports in Scandinavia rose notably to X tons, with an increase of 11% against the previous year's figure. Overall, exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2016 with an increase of 127% against the previous year. As a result, the exports reached 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 skyrocketed to $X in 2021. Over the period under review, exports enjoyed strong growth. The pace of growth appeared the most rapid in 2016 when exports increased by 117%. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in the near future.

Exports by Country

Sweden (X tons) and Denmark (X tons) prevails in exports structure, together mixing up 94% of total exports. It was distantly followed by Finland (X tons), committing a 5.2% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Denmark (with a CAGR of +7.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest walking-sticks and whips supplying countries in Scandinavia were Denmark ($X), Sweden ($X) and Finland ($X), together comprising 99% of total exports.

Among the main exporting countries, Sweden, with a CAGR of +13.7%, saw the highest rates of growth with regard to 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 export price in Scandinavia stood at $X per ton in 2021, with an increase of 5% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.8%. The pace of growth was the most pronounced in 2017 when the export price increased by 32%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Finland ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+7.5%), while the other leaders experienced mixed trends in the export price figures.

Walking-Sticks And Whips Imports

Imports in Scandinavia

In 2021, purchases abroad of walking-sticks, seat-sticks, whips and riding-crops increased by 14% to X tons, rising for the fifth consecutive year after three years of decline. Total imports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +7.7% 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 increased by +72.2% against 2016 indices. The growth pace was the most rapid in 2013 when imports increased by 63% against the previous year. The volume of import peaked in 2021 and is expected to retain growth in years to come.

In value terms, walking-sticks and whips imports surged to $X in 2021. Total imports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +9.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +119.0% against 2016 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 56% against the previous year. The level of import peaked in 2021 and is expected to retain growth in years to come.

Imports by Country

In 2021, Sweden (X tons) and Finland (X tons) represented the key importers of walking-sticks, seat-sticks, whips and riding-crops in Scandinavia, together committing 63% of total imports. Denmark (X tons) took an 18% share (based on physical terms) of total imports, which put it in second place, followed by Norway (13%) and Iceland (6.1%).

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Iceland (with a CAGR of +20.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest walking-sticks and whips importing markets in Scandinavia were Sweden ($X), Finland ($X) and Norway ($X), with a combined 77% share of total imports.

Among the main importing countries, Norway, with a CAGR of +15.7%, 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

The import price in Scandinavia stood at $X per ton in 2021, rising by 11% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2014 an increase of 12% against the previous year. Over the period under review, import prices attained the maximum in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was Norway ($X per ton), while Finland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+3.7%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform