Global Walking-Sticks And Whips Market 2024

Walking-Sticks And Whips Market Size

The global walking-sticks and whips market dropped slightly to $X in 2021, reducing by -3.5% against the previous year. Overall, consumption, however, enjoyed a slight expansion. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the global market remained at a lower figure.

Walking-Sticks And Whips Production

In value terms, walking-sticks and whips production fell modestly to $X in 2021 estimated in export price. Over the period under review, the total production indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by +0.2% against 2019 indices. The pace of growth appeared the most rapid in 2013 with an increase of 71%. Over the period under review, global production reached the peak level at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

Walking-Sticks And Whips Exports

Exports

In 2021, global walking-sticks and whips exports soared to X tons, jumping by 43% compared with the year before. Overall, exports saw a modest expansion. The most prominent rate of growth was recorded in 2017 with an increase of 140%. The global exports peaked at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, walking-sticks and whips exports surged to $X in 2021. In general, total exports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +6.5% 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 +79.6% against 2016 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China dominates exports structure, finishing at X tons, which was approx. 83% of total exports in 2021. It was distantly followed by Taiwan (Chinese) (X tons), mixing up a 4.6% share of total exports. The following exporters - the Czech Republic (X tons), Germany (X tons) and the Netherlands (X tons) - each recorded a 5.9% share of total exports.

Exports from China increased at an average annual rate of +3.5% from 2012 to 2021. At the same time, the Czech Republic (+4.6%), the Netherlands (+4.2%), Taiwan (Chinese) (+1.9%) and Germany (+1.6%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing exporter exported in the world, with a CAGR of +4.6% from 2012-2021. China (+15 p.p.) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest walking-sticks and whips supplier worldwide, comprising 62% of global exports. The second position in the ranking was taken by the Czech Republic ($X), with a 9.8% share of global exports. It was followed by Taiwan (Chinese), with a 5.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China amounted to +8.3%. The remaining exporting countries recorded the following average annual rates of exports growth: the Czech Republic (+5.7% per year) and Taiwan (Chinese) (+3.5% per year).

Export Prices by Country

In 2021, the average walking-sticks and whips export price amounted to $X per ton, growing by 3.7% against the previous year. Overall, the export price posted a strong increase. The growth pace was the most rapid in 2016 when the average export price increased by 136% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.8%), while the other global leaders experienced more modest paces of growth.

Walking-Sticks And Whips Imports

Imports

In 2021, global imports of walking-sticks, seat-sticks, whips and riding-crops soared to X tons, picking up by 46% against the previous year. In general, imports, however, recorded a perceptible contraction. The growth pace was the most rapid in 2014 when imports increased by 70%. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of global imports failed to regain momentum.

In value terms, walking-sticks and whips imports surged to $X in 2021. The total import value increased at an average annual rate of +5.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States represented the largest importer of walking-sticks, seat-sticks, whips and riding-crops in the world, with the volume of imports finishing at X tons, which was near 34% of total imports in 2021. It was distantly followed by Germany (X tons), France (X tons) and Japan (X tons), together creating an 18% share of total imports. Spain (X tons), the UK (X tons), the Netherlands (X tons), South Korea (X tons), Belgium (X tons), Italy (X tons), Canada (X tons), Austria (X tons) and Indonesia (X tons) took a little share of total imports.

The United States was also the fastest-growing in terms of the walking-sticks, seat-sticks, whips and riding-crops imports, with a CAGR of +18.6% from 2012 to 2021. At the same time, Spain (+11.3%), Belgium (+11.2%), Indonesia (+11.0%), Italy (+6.2%), France (+5.8%), Germany (+5.2%), Austria (+4.3%), the Netherlands (+4.2%), Canada (+1.9%) and Japan (+1.0%) displayed positive paces of growth. South Korea experienced a relatively flat trend pattern. By contrast, the UK (-2.5%) illustrated a downward trend over the same period. While the share of the United States (+29 p.p.), Germany (+4.4 p.p.), France (+3.3 p.p.), Spain (+2.8 p.p.), Japan (+1.9 p.p.), Belgium (+1.7 p.p.) and the Netherlands (+1.6 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest walking-sticks and whips importing markets worldwide were the United States ($X), Germany ($X) and France ($X), with a combined 39% share of global imports. Japan, the Netherlands, Spain, Austria, South Korea, the UK, Italy, Canada, Belgium and Indonesia lagged somewhat behind, together comprising a further 35%.

Spain, with a CAGR of +12.9%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global 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, falling by -10.6% against the previous year. Over the period under review, the import price, however, continues to indicate buoyant growth. The growth pace was the most rapid in 2016 when the average import price increased by 168% against the previous year. Global import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.1%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :