Croatia: Walking-Sticks And Whips Market 2023

Walking-Sticks And Whips Market Size in Croatia

The Croatian walking-sticks and whips market surged to $X in 2021, with an increase of 48% 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 saw a prominent increase. Walking-sticks and whips consumption peaked in 2021 and is likely to continue growth in years to come.

Walking-Sticks And Whips Exports

Exports from Croatia

In 2021, the amount of walking-sticks, seat-sticks, whips and riding-crops exported from Croatia shrank notably to X kg, with a decrease of -34.4% against the year before. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 279%. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, walking-sticks and whips exports dropped significantly to $X in 2021. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when exports increased by 392%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Slovenia (X kg) was the main destination for walking-sticks and whips exports from Croatia, with a 95% share of total exports. It was followed by Germany (X kg), with a 2.6% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Slovenia amounted to +3.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+40.6% per year) and Bosnia and Herzegovina (-30.2% per year).

In value terms, Slovenia ($X) emerged as the key foreign market for walking-sticks and whips exports from Croatia, comprising 86% of total exports. The second position in the ranking was held by Germany ($X), with a 9% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Slovenia amounted to +3.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+37.8% per year) and Bosnia and Herzegovina (-22.4% per year).

Export Prices by Country

In 2021, the average walking-sticks and whips export price amounted to $X per ton, jumping by 21% against the previous year. Over the period under review, the export price enjoyed a mild increase. The growth pace was the most rapid in 2015 when the average export price increased by 600% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Germany ($X per ton), while the average price for exports to Slovenia ($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 Bosnia and Herzegovina (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.

Walking-Sticks And Whips Imports

Imports into Croatia

Walking-sticks and whips imports into Croatia surged to X tons in 2021, increasing by 32% against the previous year's figure. Over the period under review, imports continue to indicate prominent growth. The pace of growth appeared the most rapid in 2018 when imports increased by 99% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, walking-sticks and whips imports skyrocketed to $X in 2021. Overall, imports showed a remarkable increase. The pace of growth was the most pronounced in 2014 when imports increased by 108%. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in the near future.

Imports by Country

Italy (X tons), Slovenia (X tons) and Poland (X tons) were the main suppliers of walking-sticks and whips imports to Croatia, together accounting for 78% of total imports.

From 2012 to 2021, the biggest increases were in Poland (with a CAGR of +98.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Slovenia ($X) and Poland ($X) were the largest walking-sticks and whips suppliers to Croatia, together comprising 78% of total imports.

Among the main suppliers, Poland, with a CAGR of +87.5%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other 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, picking up by 14% against the previous year. In general, import price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +5.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 an increase of 50%. As a result, import price reached the peak level of $X per ton. From 2018 to 2021, the average 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 Austria ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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