Australia and Oceania: Walking-Sticks And Whips Market 2023

Walking-Sticks And Whips Exports

Exports in Australia and Oceania

After three years of decline, overseas shipments of walking-sticks, seat-sticks, whips and riding-crops increased by 83% to X tons in 2021. Over the period under review, exports, however, recorded a abrupt decrease. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, walking-sticks and whips exports soared to $X in 2021. In general, exports, however, recorded a relatively flat trend pattern. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Australia was the major exporter of walking-sticks, seat-sticks, whips and riding-crops in Australia and Oceania, with the volume of exports finishing at X tons, which was approx. 65% of total exports in 2021. It was distantly followed by New Zealand (X kg), committing a 34% share of total exports.

From 2012 to 2021, the biggest increases were in New Zealand (with a CAGR of +12.8%).

In value terms, Australia ($X) and New Zealand ($X) constituted the countries with the highest levels of exports in 2021.

In terms of the main exporting countries, New Zealand, with a CAGR of +13.8%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per ton, increasing by 34% against the previous year. Export price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +6.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 an increase of 80% against the previous year. The level of export peaked in 2021 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was New Zealand ($X per ton), while Australia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+7.4%).

Walking-Sticks And Whips Imports

Imports in Australia and Oceania

In 2021, walking-sticks and whips imports in Australia and Oceania fell to X tons, waning by -6.4% compared with 2020 figures. In general, imports showed a abrupt contraction. The pace of growth appeared the most rapid in 2017 with an increase of 46%. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, walking-sticks and whips imports soared to $X in 2021. The total import value increased at an average annual rate of +4.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of 24% against the previous year. The level of import peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Australia represented the key importing country with an import of about X tons, which recorded 64% of total imports. It was distantly followed by New Zealand (X tons), comprising a 32% share of total imports. Papua New Guinea (X tons) followed a long way behind the leaders.

Imports into Australia decreased at an average annual rate of -11.5% from 2012 to 2021. At the same time, Papua New Guinea (+7.3%) and New Zealand (+7.0%) displayed positive paces of growth. Moreover, Papua New Guinea emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +7.3% from 2012-2021. From 2012 to 2021, the share of New Zealand increased by +24 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported walking-sticks, seat-sticks, whips and riding-crops in Australia and Oceania, comprising 80% of total imports. The second position in the ranking was taken by New Zealand ($X), with an 18% share of total imports.

From 2012 to 2021, the average annual growth rate of value in Australia stood at +5.1%. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (+3.9% per year) and Papua New Guinea (+1.9% per year).

Import Prices by Country

In 2021, the import price in Australia and Oceania amounted to $X per ton, surging by 26% against the previous year. Over the period under review, the import price recorded a buoyant increase. The growth pace was the most rapid in 2020 when the import price increased by 53%. Over the period under review, import prices attained the maximum in 2021 and is likely to see gradual growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was Australia ($X per ton), while Papua New Guinea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+18.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Market Intelligence Platform

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