GCC: Walking-Sticks And Whips Market 2024

Walking-Sticks And Whips Market Size in GCC

The GCC walking-sticks and whips market fell sharply to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. The level of consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Walking-Sticks And Whips Production in GCC

In value terms, walking-sticks and whips production totaled $X in 2022 estimated in export price. In general, production recorded a remarkable increase. The growth pace was the most rapid in 2019 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Walking-Sticks And Whips Exports

Exports in GCC

In 2022, overseas shipments of walking-sticks, seat-sticks, whips and riding-crops increased by X% to X units, rising for the fourth consecutive year after two years of decline. In general, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, walking-sticks and whips exports skyrocketed to $X in 2022. Overall, exports showed a remarkable increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the immediate term.

Exports by Country

The United Arab Emirates prevails in exports structure, accounting for X units, which was near X% of total exports in 2022. It was distantly followed by Oman (X units), committing a X% share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the walking-sticks, seat-sticks, whips and riding-crops exports, with a CAGR of X% from 2012 to 2022. At the same time, Oman (X%) displayed positive paces of growth. The United Arab Emirates (X p.p.) significantly strengthened its position in terms of the total exports, while Oman saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the United Arab Emirates ($X) remains the largest walking-sticks and whips supplier in GCC, comprising X% of total exports. The second position in the ranking was taken by Oman ($X), with an X% share of total exports.

In the United Arab Emirates, walking-sticks and whips exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in GCC stood at $X per unit in 2022, shrinking by X% against the previous year. Overall, the export price faced a deep slump. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, the export prices reached the maximum at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Oman ($X per unit), while the United Arab Emirates amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (X%).

Walking-Sticks And Whips Imports

Imports in GCC

In 2022, approx. X units of walking-sticks, seat-sticks, whips and riding-crops were imported in GCC; dropping by X% on 2021 figures. In general, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, imports hit record highs at X units in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, walking-sticks and whips imports dropped dramatically to $X in 2022. Over the period under review, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2015 when imports increased by X%. The level of import peaked at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

The United Arab Emirates was the key importer of walking-sticks, seat-sticks, whips and riding-crops in GCC, with the volume of imports finishing at X units, which was approx. X% of total imports in 2022. It was distantly followed by Kuwait (X units), Qatar (X units) and Oman (X units), together committing a X% share of total imports. Bahrain (X units) held a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to walking-sticks and whips imports into the United Arab Emirates stood at X%. At the same time, Qatar (X%) displayed positive paces of growth. Moreover, Qatar emerged as the fastest-growing importer imported in GCC, with a CAGR of X% from 2012-2022. By contrast, Oman (X%), Kuwait (X%) and Bahrain (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Kuwait and Qatar increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported walking-sticks, seat-sticks, whips and riding-crops in GCC, comprising X% of total imports. The second position in the ranking was held by Kuwait ($X), with a X% share of total imports. It was followed by Oman, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the United Arab Emirates was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Kuwait (X% per year) and Oman (X% per year).

Import Prices by Country

In 2022, the import price in GCC amounted to $X per unit, increasing by X% against the previous year. In general, the import price, however, saw a deep downturn. The most prominent rate of growth was recorded in 2018 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Oman ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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