Walking-Sticks And Whips Market in Algeria
Market Overview
The Algerian walking-sticks and whips market reduced modestly to $
in , declining by -% 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). In general, consumption saw resilient growth. Walking-sticks and whips consumption peaked at $ in 2013; however, from 2014 to , consumption remained at a lower figure.
in , declining by -% 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). In general, consumption saw resilient growth. Walking-sticks and whips consumption peaked at $ in 2013; however, from 2014 to , consumption remained at a lower figure.Consumption
In , consumption of walking-sticks, seat-sticks, whips and riding-crops was finally on the rise to reach units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption recorded a strong increase. Over the period under review, consumption reached the maximum volume at units in 2013; however, from 2014 to , consumption stood at a somewhat lower figure.
The size of the walking-sticks and whips market in Algeria declined modestly to $ in , waning by -% 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). In general, consumption recorded a resilient increase. Over the period under review, the market attained the peak level at $ in 2013; however, from 2014 to , consumption failed to regain momentum.
, consumption of walking-sticks, seat-sticks, whips and riding-crops was finally on the rise to reach units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption recorded a strong increase. Over the period under review, consumption reached the maximum volume at units in 2013; however, from 2014 to , consumption stood at a somewhat lower figure.The size of the walking-sticks and whips market in Algeria declined modestly to $
in , waning by -% 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). In general, consumption recorded a resilient increase. Over the period under review, the market attained the peak level at $ in 2013; however, from 2014 to , consumption failed to regain momentum.Market Forecast
Driven by increasing demand for walking-sticks, seat-sticks, whips and riding-crops in Algeria, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to units by the end of .
In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to bring the market volume to units by the end of .In value terms, the market is forecast to increase with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Walking-sticks and whips market in Algeria consists almost entirely of imported products.
Trade Balance
Algeria remains a net importer of walking-sticks and whips; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of units, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of units, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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