United Kingdom: Walking-Sticks And Whips Market 2024

Walking-Sticks And Whips Market Size in the UK

The UK walking-sticks and whips market soared to $X in 2021, picking up by 21% against the previous year. Overall, consumption, however, saw a mild downturn. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Walking-Sticks And Whips Production in the UK

In value terms, walking-sticks and whips production stood at $X in 2021 estimated in export price. In general, production, however, showed a noticeable shrinkage. The growth pace was the most rapid in 2014 with an increase of 34% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

Walking-Sticks And Whips Exports

Exports from the UK

In 2021, shipments abroad of walking-sticks, seat-sticks, whips and riding-crops decreased by -52.6% to X tons, falling for the fourth consecutive year after six years of growth. In general, exports saw a pronounced decline. The growth pace was the most rapid in 2013 with an increase of 29% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, walking-sticks and whips exports shrank rapidly to $X in 2021. Over the period under review, exports showed a pronounced reduction. The most prominent rate of growth was recorded in 2013 when exports increased by 31% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Kuwait (X tons) was the main destination for walking-sticks and whips exports from the UK, with a 36% share of total exports. Moreover, walking-sticks and whips exports to Kuwait exceeded the volume sent to the second major destination, France (X tons), threefold. The third position in this ranking was held by Germany (X tons), with a 7.8% share.

From 2012 to 2021, the average annual growth rate of volume to Kuwait totaled +54.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-11.6% per year) and Germany (+7.9% per year).

In value terms, the United States ($X), Kuwait ($X) and France ($X) constituted the largest markets for walking-sticks and whips exported from the UK worldwide, with a combined 36% share of total exports. These countries were followed by Germany, Ireland, the Netherlands, Spain, Iceland, Canada, Oman and the Czech Republic, which together accounted for a further 35%.

Iceland, with a CAGR of +49.1%, saw the highest rates of growth with regard to the value of exports, in terms of 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

The average walking-sticks and whips export price stood at $X per ton in 2021, reducing by -3.9% against the previous year. Overall, the export price recorded a perceptible reduction. The most prominent rate of growth was recorded in 2020 when the average export price increased by 9.7%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to Kuwait ($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 (+12.6%), while the prices for the other major destinations experienced more modest paces of growth.

Walking-Sticks And Whips Imports

Imports into the UK

Walking-sticks and whips imports into the UK rose modestly to X tons in 2021, picking up by 4.7% against the previous year. Overall, imports, however, saw a pronounced contraction. The pace of growth appeared the most rapid in 2014 with an increase of 34% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, walking-sticks and whips imports expanded to $X in 2021. Over the period under review, imports, however, showed a mild slump. The most prominent rate of growth was recorded in 2014 with an increase of 31%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of walking-sticks and whips to the UK, with a 76% 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), sevenfold. Pakistan (X tons) ranked third in terms of total imports with a 2.3% share.

From 2012 to 2021, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-6.0% per year) and Pakistan (+1.1% per year).

In value terms, China ($X) constituted the largest supplier of walking-sticks and whips to the UK, comprising 60% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 13% share of total imports. It was followed by Germany, with a 5.4% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-6.4% per year) and Germany (-13.3% per year).

Import Prices by Country

In 2021, the average walking-sticks and whips import price amounted to $X per ton, falling by -2.2% against the previous year. Overall, import price indicated a modest expansion from 2012 to 2021: its price increased at an average annual rate of +1.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when the average import price increased by 61%. The import price peaked at $X per ton in 2020, and then dropped in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+8.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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