
Puerto Rico - Walking-Sticks, Seat-Sticks, Whips and Riding-Crops - Market Analysis, Forecast, Size, Trends and Insights
Puerto Rico: Walking-Sticks And Whips Market 2023
Walking-Sticks And Whips Market Size in Puerto Rico
In 2021, the Puerto Rican walking-sticks and whips market increased by 13% to $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption recorded a strong expansion. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.
Walking-Sticks And Whips Production in Puerto Rico
In value terms, walking-sticks and whips production expanded remarkably to $X in 2021 estimated in export price. In general, production enjoyed a strong increase. The pace of growth was the most pronounced in 2014 with an increase of 148% against the previous year. Over the period under review, production attained the peak level at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.
Walking-Sticks And Whips Exports
Exports by Country
China dominates exports structure, resulting at X tons, which was near 83% of total exports in 2021. It was distantly followed by Taiwan (Chinese) (X tons), committing a 4.6% share of total exports. The Czech Republic (X tons), Germany (X tons), the Netherlands (X tons) and South Africa (X tons) followed a long way behind the leaders.
From 2012 to 2021, average annual rates of growth with regard to walking-sticks and whips exports from China stood at +3.5%. At the same time, the Czech Republic (+4.6%), the Netherlands (+4.2%), Taiwan (Chinese) (+1.9%) and Germany (+1.6%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing exporter exported in the world, with a CAGR of +4.6% from 2012-2021. By contrast, South Africa (-62.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of China increased by +15 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($X) remains the largest walking-sticks and whips supplier from Puerto Rico, comprising 62% of global exports. The second position in the ranking was taken by the Czech Republic ($X), with a 9.8% share of global exports. It was followed by Taiwan (Chinese), with a 5.6% share.
From 2012 to 2021, the average annual growth rate of value in China totaled +8.3%. In the other countries, the average annual rates were as follows: the Czech Republic (+5.7% per year) and Taiwan (Chinese) (+3.5% per year).
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the walking-sticks and whips market in Puerto Rico. 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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