Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Argentina - 2023

Contents:

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

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

The average import price for tennis, badminton and similar racquets; whether or not strung stood at $27 per unit in 2022, falling by -25% against the previous year. Overall, the import price, however, posted significant growth. The pace of growth appeared the most rapid in 2018 when the average import price increased by 139% against the previous year. The import price peaked at $36 per unit in 2021, and then contracted rapidly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Pakistan ($43 per unit), while the price for Brazil ($3.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+32.3%), 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 Argentina (FOB) - 2022

The average export price for tennis, badminton and similar racquets; whether or not strung stood at $21 per unit in 2022, shrinking by -77.4% against the previous year. Over the period under review, the export price, however, recorded resilient growth. The most prominent rate of growth was recorded in 2015 an increase of 12,632%. As a result, the export price attained the peak level of $2,245 per unit. From 2016 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($50 per unit), while the average price for exports to Spain ($17 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 Spain (+4.3%), while the prices for the other major destinations experienced mixed trend patterns.

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

After three years of growth, purchases abroad of tennis, badminton and similar racquets; whether or not strung decreased by -56.2% to 145K units in 2022. In general, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 683% against the previous year. As a result, imports reached the peak of 330K units, and then dropped remarkably in the following year.

In value terms, imports of tennis, badminton and similar racquets; whether or not strung dropped markedly to $1.6M in 2022. Overall, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 478% against the previous year. As a result, imports attained the peak of $5.1M, and then shrank sharply in the following year.

Import of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2204703,4101,18075.0%
Pakistan2163101,1442241.2%
Brazil8.312.061.09.23.5%
Others88.290.349118928.9%
Total5328835,1051,60244.4%

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

  1. China (133.6K units)
  2. Pakistan (5.2K units)
  3. Brazil (2.7K units)

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

In 2022, approx. 16K units of tennis, badminton and similar racquets; whether or not strung were exported from Argentina; increasing by 305% against the previous year. Over the period under review, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of tennis, badminton and similar racquets; whether or not strung rose remarkably to $341K in 2022. In general, exports showed a perceptible expansion. The most prominent rate of growth was recorded in 2021 with an increase of 96%. The exports peaked in 2022 and are likely to see steady growth in years to come.

Export of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain249113196219-4.2%
NorwayN/AN/A14.931.5111.4%
Chile16.84.34.523.011.0%
Peru10.75.035.319.522.1%
Germany1.4N/A3.516.6128.0%
BrazilN/AN/A32.412.6-61.1%
Paraguay6.012.3N/A12.126.3%
United StatesN/AN/A11.14.4-60.4%
Others17.426.618.83.1-43.7%
Total3021613163414.1%

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

  1. Spain (12.6K units)
  2. Norway (1.5K units)
  3. Chile (0.6K units)
  4. Paraguay (0.6K units)
  5. Germany (0.3K units)
  6. Brazil (0.2K units)
  7. Peru (0.2K units)
  8. United States (0.2K units)

Source: IndexBox Market Intelligence Platform

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