Venezuela: Walking-Sticks And Whips Market 2025

Walking-Sticks And Whips Market Size in Venezuela

The Venezuelan walking-sticks and whips market soared to $X in 2021, jumping by 115% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, recorded a deep downturn. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Walking-Sticks And Whips Exports

Exports from Venezuela

For the third consecutive year, Venezuela recorded decline in shipments abroad of walking-sticks, seat-sticks, whips and riding-crops, which decreased by 0% to X kg in 2019. Overall, exports faced a significant curtailment. The smallest decline of -84.4% was in 2017. The exports peaked at X kg in 2016; however, from 2017 to 2019, the exports failed to regain momentum.

In value terms, walking-sticks and whips exports amounted to $X in 2019. Over the period under review, exports saw a precipitous shrinkage. The smallest decline of -88.4% was in 2017. The exports peaked at $X in 2016; however, from 2017 to 2019, the exports stood at a somewhat lower figure.

Exports by Country

France (X kg) was the main destination for walking-sticks and whips exports from Venezuela, accounting for a approx. 100% share of total exports.

From 2016 to 2019, the average annual growth rate of volume to France was relatively modest.

From 2016 to 2019, the average annual growth rate of value to France was relatively modest.

Export Prices by Country

In 2019, the average walking-sticks and whips export price amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price faced a sharp decline. The pace of growth appeared the most rapid in 2017 a decrease of -26% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2019, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for France.

From 2016 to 2019, the rate of growth in terms of prices for France amounted to 0.0% per year.

Walking-Sticks And Whips Imports

Imports into Venezuela

In 2021, the amount of walking-sticks, seat-sticks, whips and riding-crops imported into Venezuela skyrocketed to X tons, with an increase of 142% against the previous year. Overall, imports, however, showed a deep slump. The most prominent rate of growth was recorded in 2018 with an increase of 770%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, walking-sticks and whips imports skyrocketed to $X in 2021. In general, imports, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2018 when imports increased by 683%. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest walking-sticks and whips supplier to Venezuela, accounting for a 80% share of total imports. Moreover, walking-sticks and whips imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), sevenfold.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -12.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-19.0% per year) and Panama (+9.8% per year).

In value terms, the largest walking-sticks and whips suppliers to Venezuela were China ($X), the United States ($X) and Panama ($X), together accounting for 97% of total imports.

Panama, with a CAGR of +32.0%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average walking-sticks and whips import price stood at $X per ton in 2021, which is down by -20.5% against the previous year. Overall, import price indicated a notable expansion from 2012 to 2021: its price increased at an average annual rate of +3.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 an increase of 96%. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Panama (+20.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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