Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Chile - 2024

Contents:

  1. Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Chile (CIF) - 2024
  2. Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Chile (FOB) - 2022
  3. Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Chile
  4. Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Chile

Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Chile (CIF) - 2024

In February 2024, the average import price for tennis, badminton and similar racquets; whether or not strung amounted to $34.2 per unit, rising by 76% against the previous month. Overall, the import price showed a noticeable expansion. The pace of growth was the most pronounced in June 2023 an increase of 168% against the previous month. Over the period under review, average import prices attained the maximum at $42.8 per unit in April 2023; however, from May 2023 to February 2024, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Spain ($122 per unit), while the price for France ($13.9 per unit) was amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by China (+6.8%), while the prices for the other major suppliers experienced a decline.

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

The average export price for tennis, badminton and similar racquets; whether or not strung stood at $2.6 per unit in 2022, shrinking by -77.5% against the previous year. Overall, the export price showed a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 167%. Over the period under review, the average export prices reached the peak figure at $40 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($39 per unit), while the average price for exports to Mexico ($2.7 per unit) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+20.3%), while the prices for the other major destinations experienced a decline.

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

In 2022, imports of tennis, badminton and similar racquets; whether or not strung into Chile soared to 551K units, growing by 82% compared with 2021 figures. Over the period under review, imports recorded a strong expansion. As a result, imports attained 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 surged to $9M in 2022. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 301%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6024241,2404,39894.0%
Spain93.11478921,936175.0%
Pakistan74.968.6364622102.5%
United States34.574.6475533149.1%
IndonesiaN/A34.81.318.0-28.1%
Others2103011,2391,50692.8%
Total1,0151,0504,2129,013107.1%

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

  1. China (446.2K units)
  2. Spain (25.1K units)
  3. Pakistan (16.4K units)
  4. United States (7.5K units)
  5. Indonesia (5.9K units)

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

In 2022, shipments abroad of tennis, badminton and similar racquets; whether or not strung decreased by -82.6% to 1.6K units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,229%. As a result, the exports reached the peak of 9.4K units, and then shrank rapidly in the following year.

In value terms, exports of tennis, badminton and similar racquets; whether or not strung contracted rapidly to $11K in 2022. Over the period under review, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 1,239% against the previous year. As a result, the exports attained the peak of $113K, and then fell significantly in the following year.

Export of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BoliviaN/A7.11094.4-21.3%
EcuadorN/AN/AN/A3.50%
PeruN/AN/A1.11.863.6%
ParaguayN/A1.42.20.8-24.4%
MexicoN/AN/AN/A0.20%
Others2.5N/AN/AN/A0%
Total2.58.411310.762.4%

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

  1. Ecuador (826.0 units)
  2. Bolivia (483.0 units)
  3. Paraguay (224.0 units)
  4. Mexico (58.0 units)
  5. Peru (46.0 units)

Source: IndexBox Market Intelligence Platform

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