U.S.: Walking-Sticks And Whips Market 2023

Walking-Sticks And Whips Market Size in the U.S.

In 2021, the U.S. walking-sticks and whips market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Overall, the total consumption indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +7.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Walking-Sticks And Whips Production in the U.S.

In value terms, walking-sticks and whips production stood at $X in 2021. Overall, production continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of 90%. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Walking-Sticks And Whips Exports

Exports from the U.S.

After three years of decline, shipments abroad of walking-sticks, seat-sticks, whips and riding-crops increased by 0.7% to X tons in 2021. In general, exports, however, showed a abrupt contraction. The pace of growth was the most pronounced in 2014 with an increase of 17%. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, walking-sticks and whips exports soared to $X in 2021. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Canada (X tons) was the main destination for walking-sticks and whips exports from the United States, with a 71% share of total exports. Moreover, walking-sticks and whips exports to Canada exceeded the volume sent to the second major destination, Japan (X tons), more than tenfold. The third position in this ranking was held by Hong Kong SAR (X kg), with a 2% share.

From 2012 to 2021, the average annual growth rate of volume to Canada amounted to -9.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (-21.6% per year) and Hong Kong SAR (-23.5% per year).

In value terms, Canada ($X) remains the key foreign market for walking-sticks and whips exports from the United States, comprising 70% of total exports. The second position in the ranking was held by Japan ($X), with a 6% share of total exports. It was followed by Australia, with a 2.6% share.

From 2012 to 2021, the average annual growth rate of value to Canada stood at +6.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (-7.1% per year) and Australia (+7.6% per year).

Export Prices by Country

The average walking-sticks and whips export price stood at $X per ton in 2021, rising by 42% against the previous year. Overall, the export price showed a prominent increase. The pace of growth appeared the most rapid in 2020 an increase of 79%. Over the period under review, the average export prices reached the peak figure in 2021 and is likely to continue growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was Australia ($X per ton), while the average price for exports to Panama ($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 Australia (+24.6%), while the prices for the other major destinations experienced more modest paces of growth.

Walking-Sticks And Whips Imports

Imports into the U.S.

In 2021, approx. X tons of walking-sticks, seat-sticks, whips and riding-crops were imported into the United States; increasing by 114% against 2020 figures. In general, imports continue to indicate a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, walking-sticks and whips imports soared to $X in 2021. Overall, total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +8.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of walking-sticks and whips to the United States, with a 78% share of total imports. Moreover, walking-sticks and whips imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), fivefold. The third position in this ranking was held by the Czech Republic (X tons), with a 4.2% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +22.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+9.4% per year) and the Czech Republic (+124.1% per year).

In value terms, China ($X) constituted the largest supplier of walking-sticks and whips to the United States, comprising 68% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 17% share of total imports. It was followed by the Czech Republic, with a 5.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +10.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+2.1% per year) and the Czech Republic (+109.1% per year).

Import Prices by Country

The average walking-sticks and whips import price stood at $X per ton in 2021, shrinking by -32.1% against the previous year. In general, the import price continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2018 an increase of 22% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Canada ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+7.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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