Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Angola - 2022

Contents:

  1. Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Angola (CIF) - 2022
  2. Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Angola (FOB) - 2022
  3. Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Angola
  4. Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Angola

Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Angola (CIF) - 2022

The average import price for tennis, badminton and similar racquets; whether or not strung stood at $12 per unit in 2022, waning by -35.3% against the previous year. In general, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 an increase of 32% against the previous year. Over the period under review, average import prices hit record highs at $19 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($216 per unit), while the price for the United Arab Emirates ($1.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+139.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Angola (FOB) - 2022

In 2022, the average export price for tennis, badminton and similar racquets; whether or not strung amounted to $6 per unit, dropping by -40.2% against the previous year. In general, the export price recorded a abrupt contraction. The pace of growth was the most pronounced in 2015 when the average export price increased by 40%. The export price peaked at $30 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($12 per unit), while the average price for exports to Portugal ($3.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+22.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Angola

In 2022, imports of tennis, badminton and similar racquets; whether or not strung into Angola surged to 4.5K units, with an increase of 406% on the previous year's figure. Overall, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of tennis, badminton and similar racquets; whether or not strung soared to $52K in 2022. Over the period under review, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal5.52.58.528.072.0%
China0.72.01.29.6139.4%
AustriaN/AN/AN/A7.20%
France0.9N/A0.51.03.6%
Pakistan0.60.30.40.75.3%
Netherlands0.81.00.80.3-27.9%
United Arab Emirates0.2N/AN/A0.1-20.6%
Others3.11.44.05.319.6%
Total11.77.215.452.164.5%

Top Suppliers of Tennis, Badminton and Similar Racquets; Whether or Not Strung to Angola in 2022:

  1. Portugal (2374.0 units)
  2. China (1409.0 units)
  3. Austria (333.0 units)
  4. United Arab Emirates (88.0 units)
  5. France (45.0 units)
  6. Pakistan (33.0 units)
  7. Netherlands (12.0 units)

Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Angola

In 2022, overseas shipments of tennis, badminton and similar racquets; whether or not strung decreased by -12.2% to 65 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 90%. The exports peaked at 74 units in 2021, and then fell in the following year.

In value terms, exports of tennis, badminton and similar racquets; whether or not strung reduced remarkably to $548 in 2022. In general, exports, however, posted strong growth. The growth pace was the most rapid in 2020 with an increase of 97%. As a result, the exports reached the peak of $924. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Angola (USD)
COUNTRY2019202020212022CAGR,
2019-2022
France69.014350328259.9%
United States12640659.01393.3%
South Africa23.017052.052.031.2%
Spain86.010867.045.0-19.4%
Portugal4.018.034.018.065.1%
MexicoN/AN/AN/A12.00%
Brazil26.079.0N/AN/A203.8%
Ghana85.0N/AN/AN/A0%
Others51.0N/A22.0N/A-34.3%
Total4709247375485.3%

Top Export Markets for Tennis, Badminton and Similar Racquets; Whether or Not Strung from Angola in 2022:

  1. France (30.0 units)
  2. United States (12.0 units)
  3. Spain (9.0 units)
  4. South Africa (7.0 units)
  5. Portugal (5.0 units)
  6. Mexico (2.0 units)

Source: IndexBox Market Intelligence Platform

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