Australia: Walking-Sticks And Whips Market 2023

Walking-Sticks And Whips Market Size in Australia

The Australian walking-sticks and whips market stood at $X in 2021, picking up by 4.7% 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). In general, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Walking-Sticks And Whips Exports

Exports from Australia

In 2021, walking-sticks and whips exports from Australia surged to X tons, increasing by 137% against the previous year. In general, exports, however, continue to indicate a abrupt shrinkage. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, walking-sticks and whips exports surged to $X in 2021. Overall, exports, however, showed a pronounced shrinkage. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Canada (X kg) was the main destination for walking-sticks and whips exports from Australia, accounting for a 41% share of total exports. Moreover, walking-sticks and whips exports to Canada exceeded the volume sent to the second major destination, New Zealand (X kg), fourfold. The third position in this ranking was held by the United States (X kg), with a 10% share.

From 2012 to 2021, the average annual growth rate of volume to Canada totaled +395.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (-27.6% per year) and the United States (+22.2% per year).

In value terms, Canada ($X) emerged as the key foreign market for walking-sticks and whips exports from Australia, comprising 41% of total exports. The second position in the ranking was held by New Zealand ($X), with an 11% share of total exports. It was followed by the United States, with a 9.9% share.

From 2012 to 2021, the average annual growth rate of value to Canada totaled +495.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (-19.6% per year) and the United States (-0.9% per year).

Export Prices by Country

The average walking-sticks and whips export price stood at $X per ton in 2021, jumping by 19% against the previous year. In general, the export price continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2014 an increase of 140%. The export price peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2021, the highest price was recorded for prices to South Africa ($X per ton) and Papua New Guinea ($X per ton), while the average price for exports to the United States ($X per ton) and Canada ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+24.3%), while the prices for the other major destinations experienced more modest paces of growth.

Walking-Sticks And Whips Imports

Imports into Australia

In 2021, approx. X tons of walking-sticks, seat-sticks, whips and riding-crops were imported into Australia; declining by -19.5% against the previous year. Over the period under review, imports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2017 when imports increased by 41%. 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 totaled $X in 2021. Overall, total imports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -14.6% against 2019 indices. The pace of growth appeared the most rapid in 2013 with an increase of 32%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of walking-sticks and whips to Australia, with a 52% 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), twofold. Italy (X tons) ranked third in terms of total imports with a 5.7% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -13.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-11.7% per year) and Italy (-1.4% per year).

In value terms, China ($X) constituted the largest supplier of walking-sticks and whips to Australia, comprising 55% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 24% share of total imports. It was followed by Italy, with a 5.3% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +9.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+2.9% per year) and Italy (+1.5% per year).

Import Prices by Country

The average walking-sticks and whips import price stood at $X per ton in 2021, jumping by 42% against the previous year. Over the period under review, the import price showed a remarkable increase. The most prominent rate of growth was recorded in 2020 an increase of 70% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2021, the highest price was recorded for prices from China ($X per ton) and India ($X per ton), while the price for Taiwan (Chinese) ($X per ton) and the United States ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+25.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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