Africa: Walking-Sticks And Whips Market 2024

Walking-Sticks And Whips Market Size in Africa

In 2023, the African walking-sticks and whips market decreased by X% to $X for the first time since 2020, thus ending a two-year rising trend. The total consumption indicated a strong expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2019 indices. Over the period under review, the market attained the peak level at $X in 2022, and then declined in the following year.

Walking-Sticks And Whips Production in Africa

In value terms, walking-sticks and whips production dropped rapidly to $X in 2023 estimated in export price. Over the period under review, production, however, saw a mild shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2023, production failed to regain momentum.

Walking-Sticks And Whips Exports

Exports in Africa

In 2023, approx. X units of walking-sticks, seat-sticks, whips and riding-crops were exported in Africa; increasing by X% compared with 2022 figures. Over the period under review, exports, however, showed a slight decline. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The volume of export peaked at X units in 2015; however, from 2016 to 2023, the exports stood at a somewhat lower figure.

In value terms, walking-sticks and whips exports expanded significantly to $X in 2023. Overall, exports enjoyed pronounced growth. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2023, the exports failed to regain momentum.

Exports by Country

In 2023, Mauritius (X units) was the major exporter of walking-sticks, seat-sticks, whips and riding-crops, making up X% of total exports. South Africa (X units) took the second position in the ranking, followed by Tunisia (X units), Egypt (X units) and Sudan (X units). All these countries together took near X% share of total exports. Botswana (X units) and Gambia (X units) followed a long way behind the leaders.

Mauritius 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 2023. At the same time, Tunisia (X%) and Egypt (X%) displayed positive paces of growth. Gambia experienced a relatively flat trend pattern. By contrast, South Africa (X%), Botswana (X%) and Sudan (X%) illustrated a downward trend over the same period. While the share of Mauritius (X p.p.), Tunisia (X p.p.), Egypt (X p.p.) and Gambia (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Botswana (X p.p.), Sudan (X p.p.) and South Africa (X p.p.) displayed negative dynamics.

In value terms, the largest walking-sticks and whips supplying countries in Africa were Mauritius ($X), South Africa ($X) and Tunisia ($X), with a combined X% share of total exports.

Mauritius, with a CAGR of X%, recorded the highest growth rate of 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

The export price in Africa stood at $X per unit in 2023, increasing by X% against the previous year. Export price indicated a strong increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, walking-sticks and whips export price increased by X% against 2021 indices. The most prominent rate of growth was recorded in 2014 when the export price increased by X%. The level of export peaked at $X per unit in 2018; however, from 2019 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Gambia ($X per unit), while Botswana ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Sudan (X%), while the other leaders experienced more modest paces of growth.

Walking-Sticks And Whips Imports

Imports in Africa

In 2023, purchases abroad of walking-sticks, seat-sticks, whips and riding-crops decreased by X% to X units for the first time since 2020, thus ending a two-year rising trend. Total imports indicated resilient growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2019 indices. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X units in 2022, and then declined in the following year.

In value terms, walking-sticks and whips imports declined to $X in 2023. Total imports indicated a strong increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2019 indices. The growth pace was the most rapid in 2013 with an increase of X%. The level of import peaked at $X in 2022, and then reduced in the following year.

Imports by Country

South Africa (X units) and Algeria (X units) represented the key importers of walking-sticks, seat-sticks, whips and riding-crops in 2023, accounting for approx. X% and X% of total imports, respectively. It was distantly followed by Kenya (X units), Djibouti (X units), Somalia (X units), Mauritius (X units), Egypt (X units), Libya (X units) and Tunisia (X units), together constituting a X% share of total imports.

From 2012 to 2023, the biggest increases were recorded for Somalia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest walking-sticks and whips importing markets in Africa were Algeria ($X), South Africa ($X) and Egypt ($X), with a combined X% share of total imports. Djibouti, Libya, Mauritius, Somalia, Kenya and Tunisia lagged somewhat behind, together comprising a further X%.

Djibouti, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among 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 Africa stood at $X per unit in 2023, picking up by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2018 an increase of X%. Over the period under review, import prices reached the peak figure in 2023 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Egypt ($X per unit), while Kenya ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Djibouti (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform