South-Eastern Asia: Walking-Sticks And Whips Market 2024

Walking-Sticks And Whips Market Size in South-Eastern Asia

The Southeast Asian walking-sticks and whips market fell modestly to $X in 2022, remaining stable against the previous year. The total consumption indicated strong growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Walking-Sticks And Whips Production in South-Eastern Asia

In value terms, walking-sticks and whips production amounted to $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Walking-Sticks And Whips Exports

Exports in South-Eastern Asia

In 2022, overseas shipments of walking-sticks, seat-sticks, whips and riding-crops increased by X% to X units, rising for the second consecutive year after two years of decline. In general, exports saw a remarkable increase. The volume of export peaked at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, walking-sticks and whips exports surged to $X in 2022. Over the period under review, exports showed prominent growth. The pace of growth appeared the most rapid in 2014 when exports increased by X%. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

In 2022, Vietnam (X units) represented the main exporter of walking-sticks, seat-sticks, whips and riding-crops, making up X% of total exports. Indonesia (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Malaysia (X%). Thailand (X units) followed a long way behind the leaders.

Vietnam 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, Malaysia (X%) and Indonesia (X%) displayed positive paces of growth. By contrast, Thailand (X%) illustrated a downward trend over the same period. While the share of Vietnam (X p.p.), Malaysia (X p.p.) and Indonesia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Thailand (X p.p.) displayed negative dynamics.

In value terms, Vietnam ($X), Thailand ($X) and Indonesia ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising X% of total exports.

Vietnam, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per unit, reducing by X% against the previous year. Over the period under review, the export price saw a mild contraction. The pace of growth appeared the most rapid in 2019 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2021, and then shrank rapidly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Thailand ($X per unit), while Vietnam ($X per unit) was amongst the lowest.

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

Walking-Sticks And Whips Imports

Imports in South-Eastern Asia

In 2022, overseas purchases of walking-sticks, seat-sticks, whips and riding-crops increased by X% to X units, rising for the second consecutive year after three years of decline. Overall, imports posted a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports hit record highs at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, walking-sticks and whips imports reached $X in 2022. In general, imports continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2018; afterwards, it flattened through to 2022.

Imports by Country

Malaysia was the key importing country with an import of around X units, which resulted at X% of total imports. Thailand (X units) took the second position in the ranking, followed by the Philippines (X units), Indonesia (X units) and Singapore (X units). All these countries together took approx. X% share of total imports. Vietnam (X units) took a minor share of total imports.

Imports into Malaysia increased at an average annual rate of X% from 2012 to 2022. At the same time, Vietnam (X%), Indonesia (X%), the Philippines (X%) and Thailand (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2022. Singapore experienced a relatively flat trend pattern. While the share of Malaysia (X p.p.) and Vietnam (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the Philippines (X p.p.), Singapore (X p.p.) and Thailand (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Malaysia ($X), Thailand ($X) and Indonesia ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Singapore, the Philippines and Vietnam lagged somewhat behind, together comprising a further X%.

Vietnam, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in South-Eastern Asia stood at $X per unit in 2022, waning by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. Over the period under review, import prices attained the maximum at $X per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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