Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Spain - 2023
Contents:
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Spain (CIF) - 2022
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Spain (FOB) - 2023
- Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Spain
- Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Spain
Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Spain (CIF) - 2022
In 2022, the average import price for tennis, badminton and similar racquets; whether or not strung amounted to $21 per unit, rising by 29% against the previous year. In general, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tennis, badminton and similar racquets; whether or not strung increased by +83.9% against 2012 indices. The growth pace was the most rapid in 2021 an increase of 31% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($47 per unit), while the price for China ($17 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+15.5%), 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 Spain (FOB) - 2023
The average export price for tennis, badminton and similar racquets; whether or not strung stood at $35.0 per unit in December 2023, with an increase of 15% against the previous month. In general, the export price, however, saw a noticeable downturn. The most prominent rate of growth was recorded in August 2023 when the average export price increased by 87% against the previous month. Over the period under review, the average export prices hit record highs at $58.9 per unit in December 2022; however, from January 2023 to December 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Chile ($82.3 per unit), while the average price for exports to Denmark ($11.0 per unit) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+1.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Spain
In 2022, imports of tennis, badminton and similar racquets; whether or not strung into Spain skyrocketed to 5M units, rising by 33% compared with 2021 figures. Over the period under review, imports saw significant growth. The growth pace was the most rapid in 2021 with an increase of 66%. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, imports of tennis, badminton and similar racquets; whether or not strung surged to $103M in 2022. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 118%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 19.9 | 13.8 | 30.1 | 67.6 | 50.3% |
| France | 1.5 | 6.4 | 12.2 | 14.5 | 113.0% |
| Pakistan | 3.0 | 3.7 | 11.4 | 11.9 | 58.3% |
| Morocco | 0.5 | 1.0 | 1.8 | 2.8 | 77.6% |
| Others | 1.4 | 2.5 | 4.2 | 5.7 | 59.7% |
| Total | 26.3 | 27.5 | 59.8 | 103 | 57.6% |
Top Suppliers of Tennis, Badminton and Similar Racquets; Whether or Not Strung to Spain in 2022:
- China (3964.3K units)
- Pakistan (367.4K units)
- France (306.2K units)
- Morocco (93.7K units)
Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Spain
For the fourth year in a row, Spain recorded growth in overseas shipments of tennis, badminton and similar racquets; whether or not strung, which increased by 1.2% to 1.7M units in 2022. Over the period under review, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 62% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of tennis, badminton and similar racquets; whether or not strung soared to $46M in 2022. Overall, exports continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 81%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 3.3 | 3.2 | 4.5 | 9.8 | 43.7% |
| Italy | 1.2 | 1.5 | 4.1 | 9.5 | 99.3% |
| Sweden | 1.3 | 4.1 | 4.0 | 3.5 | 39.1% |
| Portugal | 0.5 | 0.6 | 1.3 | 2.6 | 73.2% |
| Netherlands | 0.1 | 0.3 | 0.6 | 2.5 | 192.4% |
| Chile | 0.1 | 0.1 | 0.7 | 2.0 | 171.4% |
| Belgium | 1.0 | 0.8 | 2.3 | 1.8 | 21.6% |
| United Arab Emirates | N/A | N/A | 0.5 | 1.8 | 260.0% |
| Germany | 0.6 | 0.6 | 1.4 | 1.7 | 41.5% |
| Denmark | N/A | 0.2 | 0.6 | 1.4 | 164.6% |
| United Kingdom | 0.4 | 0.7 | 0.5 | 0.6 | 14.5% |
| Poland | 0.7 | 0.5 | 1.0 | 0.5 | -10.6% |
| Cuba | 0.2 | 0.1 | 0.2 | 0.1 | -20.6% |
| Others | 1.2 | 1.8 | 4.6 | 8.7 | 93.5% |
| Total | 10.6 | 14.6 | 26.4 | 46.5 | 63.7% |
Top Export Markets for Tennis, Badminton and Similar Racquets; Whether or Not Strung from Spain in 2022:
- France (541.5K units)
- Italy (290.1K units)
- Portugal (132.2K units)
- Netherlands (95.9K units)
- Germany (91.5K units)
- Sweden (76.5K units)
- Belgium (69.5K units)
- United Arab Emirates (59.6K units)
- Poland (39.1K units)
- Chile (35.1K units)
- Denmark (28.9K units)
- United Kingdom (26.9K units)
- Cuba (16.1K units)
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