Report Vietnam - Walking-Sticks, Seat-Sticks, Whips and Riding-Crops - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Vietnam - Walking-Sticks, Seat-Sticks, Whips and Riding-Crops - Market Analysis, Forecast, Size, Trends and Insights

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Vietnam: Walking-Sticks And Whips Market 2024

Walking-Sticks And Whips Market Size in Vietnam

In 2021, the Vietnamese walking-sticks and whips market increased by 19% to $X, rising for the second consecutive year after six years of decline. Overall, consumption continues to indicate prominent growth. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Walking-Sticks And Whips Production in Vietnam

In value terms, walking-sticks and whips production totaled $X in 2021 estimated in export price. In general, production continues to indicate a measured increase. The pace of growth was the most pronounced in 2013 with an increase of 189% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Walking-Sticks And Whips Exports

Exports from Vietnam

In 2021, walking-sticks and whips exports from Vietnam surged to X tons, jumping by 46% on 2020 figures. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 252% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are likely to continue growth in years to come.

In value terms, walking-sticks and whips exports soared to $X in 2021. In general, exports recorded significant growth. The pace of growth appeared the most rapid in 2014 with an increase of 325%. Over the period under review, the exports reached the maximum in 2021 and are likely to see gradual growth in the near future.

Exports by Country

The United States (X tons) was the main destination for walking-sticks and whips exports from Vietnam, with a 43% share of total exports. Moreover, walking-sticks and whips exports to the United States exceeded the volume sent to the second major destination, the UK (X tons), twofold. The third position in this ranking was held by South Korea (X tons), with an 18% share.

From 2012 to 2021, the average annual growth rate of volume to the United States totaled +54.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+43.5% per year) and South Korea (+83.9% per year).

In value terms, the largest markets for walking-sticks and whips exported from Vietnam were the United States ($X), the Netherlands ($X) and the UK ($X), together comprising 75% of total exports.

In terms of the main countries of destination, the Netherlands, with a CAGR of +1,384.4%, saw the highest growth rate of 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 average walking-sticks and whips export price stood at $X per ton in 2021, surging by 22% against the previous year. In general, the export price posted a buoyant increase. The pace of growth was the most pronounced in 2013 when the average export price increased by 42% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is likely to continue growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Taiwan (Chinese) ($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 the Netherlands (+52.8%), while the prices for the other major destinations experienced more modest paces of growth.

Walking-Sticks And Whips Imports

Imports into Vietnam

In 2021, approx. X tons of walking-sticks, seat-sticks, whips and riding-crops were imported into Vietnam; growing by 133% against 2020. In general, imports showed significant growth. The growth pace was the most rapid in 2020 when imports increased by 673% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, walking-sticks and whips imports skyrocketed to $X in 2021. Over the period under review, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 392%. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, China (X tons) was the main supplier of walking-sticks and whips to Vietnam, accounting for a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +99.3%.

In value terms, China ($X) constituted the largest supplier of walking-sticks and whips to Vietnam.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +85.3%.

Import Prices by Country

In 2021, the average walking-sticks and whips import price amounted to $X per ton, dropping by -23% against the previous year. Over the period under review, the import price continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2018 an increase of 22%. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for China amounted to -7.1% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were South Africa, China and the United States, together comprising 78% of global consumption.
China constituted the country with the largest volume of walking-sticks and whips production, accounting for 80% of total volume. Moreover, walking-sticks and whips production in China exceeded the figures recorded by the second-largest producer, India, more than tenfold. Taiwan Chinese) ranked third in terms of total production with a 2.4% share.
In value terms, China constituted the largest supplier of walking-sticks and whips to Vietnam, comprising 47% of total imports. The second position in the ranking was occupied by Taiwan Chinese), with an 8.5% share of total imports.
In value terms, the United States, the Netherlands and the UK were the largest markets for walking-sticks and whips exported from Vietnam worldwide, with a combined 79% share of total exports.
In 2021, the average walking-sticks and whips export price amounted to $18,261 per ton, waning by -8.7% against the previous year.
The average walking-sticks and whips import price stood at $22,012 per ton in 2021, dropping by -52.4% against the previous year.

This report provides an in-depth analysis of the walking-sticks and whips market in Vietnam. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 32992150 - Walking-sticks, seat-sticks, whips, riding-crops and the like

Country coverage:

  • Vietnam

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Vietnam
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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