Report Latvia - Walking-Sticks, Seat-Sticks, Whips and Riding-Crops - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Apr 1, 2024

Latvia - Walking-Sticks, Seat-Sticks, Whips and Riding-Crops - Market Analysis, Forecast, Size, Trends and Insights

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Latvia: Walking-Sticks And Whips Market 2024

Walking-Sticks And Whips Market Size in Latvia

The Latvian walking-sticks and whips market skyrocketed to $X in 2022, with an increase of X% 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 enjoyed a resilient increase. Over the period under review, the market reached the maximum level in 2022 and is likely to see steady growth in the immediate term.

Walking-Sticks And Whips Exports

Exports from Latvia

In 2022, the amount of walking-sticks, seat-sticks, whips and riding-crops exported from Latvia soared to X units, growing by X% compared with the previous year. In general, exports, however, faced a abrupt descent. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, walking-sticks and whips exports fell dramatically to $X in 2022. Over the period under review, exports, however, recorded a mild reduction. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then shrank rapidly in the following year.

Exports by Country

Estonia (X units) was the main destination for walking-sticks and whips exports from Latvia, with a X% share of total exports. It was followed by Lithuania (X units), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Estonia stood at X%.

In value terms, Estonia ($X) emerged as the key foreign market for walking-sticks, seat-sticks, whips and riding-crops exports from Latvia, comprising X% of total exports. The second position in the ranking was taken by Lithuania ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Estonia totaled X%.

Export Prices by Country

In 2022, the average walking-sticks and whips export price amounted to $X per unit, dropping by X% against the previous year. Over the period under review, the export price, however, posted a prominent expansion. The growth pace was the most rapid in 2020 an increase of X%. The export price peaked at $X per unit in 2021, and then contracted significantly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($X per unit), while the average price for exports to Estonia totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Walking-Sticks And Whips Imports

Imports into Latvia

Walking-sticks and whips imports into Latvia skyrocketed to X units in 2022, increasing by X% against 2021. In general, imports recorded a modest increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, imports reached the peak of X units. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, walking-sticks and whips imports surged to $X in 2022. Overall, imports enjoyed buoyant growth. The growth pace was the most rapid in 2020 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of walking-sticks and whips to Latvia, with a X% share of total imports. Moreover, walking-sticks and whips imports from Germany exceeded the figures recorded by the second-largest supplier, Poland (X units), threefold. China (X units) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and China (X% per year).

In value terms, Germany ($X), Poland ($X) and Canada ($X) constituted the largest walking-sticks and whips suppliers to Latvia, together accounting for X% of total imports. China, Lithuania, the Netherlands, Denmark, Austria, Estonia and Italy lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Austria, with a CAGR of X%, recorded 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

In 2022, the average walking-sticks and whips import price amounted to $X per unit, which is down by X% against the previous year. Over the period under review, the import price, however, recorded strong growth. The growth pace was the most rapid in 2018 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per unit in 2021, and then declined notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($X per unit), while the price for Estonia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of consumption in 2022 were the United States, China and the Czech Republic, together comprising 53% of global consumption. Japan, South Korea, the UK, Russia, Germany, France, Italy and Pakistan lagged somewhat behind, together comprising a further 26%.
China constituted the country with the largest volume of walking-sticks and whips production, comprising approx. 75% of total volume. Moreover, walking-sticks and whips production in China exceeded the figures recorded by the second-largest producer, Taiwan Chinese), sevenfold.
In value terms, the largest walking-sticks and whips suppliers to Latvia were Germany, Poland and Canada, with a combined 67% share of total imports. China, Lithuania, the Netherlands, Denmark, Austria, Estonia and Italy lagged somewhat behind, together comprising a further 23%.
In value terms, Estonia emerged as the key foreign market for walking-sticks, seat-sticks, whips and riding-crops exports from Latvia, comprising 99% of total exports. The second position in the ranking was held by Lithuania $153), with a 1% share of total exports.
The average walking-sticks and whips export price stood at $8.9 per unit in 2022, reducing by -73.8% against the previous year.
The average walking-sticks and whips import price stood at $12 per unit in 2022, reducing by -25.5% against the previous year.

This report provides an in-depth analysis of the walking-sticks and whips market in Latvia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 32992150 - Walking-sticks, seat-sticks, whips, riding-crops and the like

Country coverage:

  • Latvia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Latvia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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