Slovakia: Walking-Sticks And Whips Market 2024

Walking-Sticks And Whips Market Size in Slovakia

The Slovak walking-sticks and whips market reduced to $X in 2021, shrinking by -14.7% against the previous year. In general, consumption, however, recorded prominent growth. Walking-sticks and whips consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Walking-Sticks And Whips Production in Slovakia

In value terms, walking-sticks and whips production fell markedly to $X in 2021 estimated in export price. Over the period under review, production, however, saw significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 353%. Over the period under review, production attained the maximum level at $X in 2020, and then dropped rapidly in the following year.

Walking-Sticks And Whips Exports

Exports from Slovakia

In 2021, the amount of walking-sticks, seat-sticks, whips and riding-crops exported from Slovakia soared to X tons, picking up by 111% on 2020. In general, exports showed resilient growth. The growth pace was the most rapid in 2016 with an increase of 178%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, walking-sticks and whips exports soared to $X in 2021. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2016 when exports increased by 188% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are likely to see steady growth in years to come.

Exports by Country

Germany (X tons), the Czech Republic (X tons) and Poland (X tons) were the main destinations of walking-sticks and whips exports from Slovakia, together comprising 83% of total exports. Hungary, Slovenia, Romania and France lagged somewhat behind, together accounting for a further 13%.

From 2012 to 2021, the biggest increases were in Slovenia (with a CAGR of +96.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), the Czech Republic ($X) and Germany ($X) were the largest markets for walking-sticks and whips exported from Slovakia worldwide, together accounting for 75% of total exports. These countries were followed by Slovenia, Romania, Hungary and France, which together accounted for a further 16%.

France, with a CAGR of +128.8%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average walking-sticks and whips export price amounted to $X per ton, declining by -24.2% against the previous year. Overall, the export price, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2019 an increase of 77% against the previous year. The export price peaked at $X per ton in 2020, and then fell notably in the following year.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Slovenia ($X per ton), while the average price for exports to Hungary ($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 France (+33.3%), while the prices for the other major destinations experienced more modest paces of growth.

Walking-Sticks And Whips Imports

Imports into Slovakia

In 2021, purchases abroad of walking-sticks, seat-sticks, whips and riding-crops increased by 27% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by 73%. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, walking-sticks and whips imports surged to $X in 2021. Overall, imports saw a resilient expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 76%. Imports peaked in 2021 and are likely to continue growth in years to come.

Imports by Country

The Czech Republic (X tons), Germany (X tons) and Hungary (X tons) were the main suppliers of walking-sticks and whips imports to Slovakia, together accounting for 68% of total imports. These countries were followed by Poland, Italy, France, Austria, Taiwan (Chinese) and China, which together accounted for a further 28%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +61.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Czech Republic ($X) and Italy ($X) constituted the largest walking-sticks and whips suppliers to Slovakia, with a combined 70% share of total imports. These countries were followed by Austria, France, Hungary, Poland, Taiwan (Chinese) and China, which together accounted for a further 26%.

Among the main suppliers, France, with a CAGR of +61.0%, 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, increasing by 18% against the previous year. In general, the import price showed prominent growth. The most prominent rate of growth was recorded in 2018 an increase of 67% against the previous year. The import price peaked in 2021 and is expected to retain growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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