Switzerland: Walking-Sticks And Whips Market 2024

Walking-Sticks And Whips Market Size in Switzerland

In 2021, the Swiss walking-sticks and whips market increased by 15% to $X, rising for the third consecutive year after four years of decline. Over the period under review, the total consumption indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +8.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +69.9% against 2018 indices. Walking-sticks and whips consumption peaked in 2021 and is expected to retain growth in the near future.

Walking-Sticks And Whips Exports

Exports from Switzerland

In 2021, shipments abroad of walking-sticks, seat-sticks, whips and riding-crops increased by 0.3% to X tons, rising for the fourth year in a row after two years of decline. Over the period under review, exports showed a buoyant increase. The pace of growth was the most pronounced in 2015 with an increase of 515% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, walking-sticks and whips exports expanded remarkably to $X in 2021. Overall, total exports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +8.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +71.2% against 2017 indices. The pace of growth appeared the most rapid in 2014 when exports increased by 85%. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Germany (X tons), Poland (X tons) and Spain (X kg) were the main destinations of walking-sticks and whips exports from Switzerland, together comprising 49% of total exports.

From 2012 to 2021, the biggest increases were in Spain (with a CAGR of +195.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for walking-sticks and whips exports from Switzerland, comprising 60% of total exports. The second position in the ranking was held by Poland ($X), with a 9.8% share of total exports. It was followed by Hungary, with a 4.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany amounted to +4.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+106.2% per year) and Hungary (+103.1% per year).

Export Prices by Country

In 2021, the average walking-sticks and whips export price amounted to $X per ton, rising by 7.4% against the previous year. In general, the export price, however, continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2017 when the average export price increased by 329%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Germany ($X per ton), while the average price for exports to Finland ($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 Finland (+47.3%), while the prices for the other major destinations experienced more modest paces of growth.

Walking-Sticks And Whips Imports

Imports into Switzerland

In 2021, purchases abroad of walking-sticks, seat-sticks, whips and riding-crops increased by 7.9% to X tons, rising for the fourth consecutive year after two years of decline. Over the period under review, imports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2015 with an increase of 103% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2021, the growth of imports failed to regain momentum.

In value terms, walking-sticks and whips imports skyrocketed to $X in 2021. Overall, imports posted resilient growth. The growth pace was the most rapid in 2014 when imports increased by 81% against the previous year. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of walking-sticks and whips to Switzerland, accounting for a 60% share of total imports. Moreover, walking-sticks and whips imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), fourfold. The third position in this ranking was held by Germany (X tons), with an 8.4% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +13.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+3.9% per year) and Germany (+5.1% per year).

In value terms, the largest walking-sticks and whips suppliers to Switzerland were China ($X), Taiwan (Chinese) ($X) and Germany ($X), together comprising 76% of total imports. These countries were followed by Austria, the Czech Republic, France and Italy, which together accounted for a further 20%.

Austria, with a CAGR of +34.7%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average walking-sticks and whips import price stood at $X per ton in 2021, surging by 9.8% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.0%. The growth pace was the most rapid in 2016 an increase of 14%. The import price peaked in 2021 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the Czech Republic ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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