Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Bulgaria - 2023
Contents:
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Bulgaria (CIF) - 2022
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Bulgaria (FOB) - 2022
- Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Bulgaria
- Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Bulgaria
Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Bulgaria (CIF) - 2022
In 2022, the average import price for tennis, badminton and similar racquets; whether or not strung amounted to $6.7 per unit, rising by 47% against the previous year. In general, the import price, however, showed a noticeable shrinkage. The import price peaked at $12 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($18 per unit), while the price for China ($2.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+5.1%), 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 Bulgaria (FOB) - 2022
In 2022, the average export price for tennis, badminton and similar racquets; whether or not strung amounted to $4.6 per unit, increasing by 15% against the previous year. Over the period under review, the export price, however, showed a abrupt setback. The growth pace was the most rapid in 2017 an increase of 51%. The export price peaked at $23 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($9.2 per unit), while the average price for exports to the Netherlands ($3.3 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 Ireland (+29.2%), 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 Bulgaria
In 2022, imports of tennis, badminton and similar racquets; whether or not strung into Bulgaria soared to 66K units, growing by 59% on 2021 figures. Overall, imports recorded significant growth. 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 skyrocketed to $436K in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 80.6 | 114 | 137 | 170 | 28.2% |
| China | 40.8 | 64.3 | 82.4 | 91.5 | 30.9% |
| Germany | 64.6 | 43.1 | 57.6 | 68.8 | 2.1% |
| France | 44.8 | 12.4 | 6.5 | 48.2 | 2.5% |
| Hungary | N/A | N/A | 1.2 | 27.0 | 2150.0% |
| Spain | 8.1 | 4.1 | 16.2 | 4.9 | -15.4% |
| Others | 9.3 | 15.4 | 38.4 | 25.8 | 40.5% |
| Total | 248 | 253 | 339 | 436 | 20.7% |
Top Suppliers of Tennis, Badminton and Similar Racquets; Whether or Not Strung to Bulgaria in 2022:
- China (34.4K units)
- Romania (12.4K units)
- Germany (7.2K units)
- Hungary (5.7K units)
- France (2.6K units)
- Spain (0.4K units)
Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Bulgaria
In 2022, after three years of growth, there was significant decline in overseas shipments of tennis, badminton and similar racquets; whether or not strung, when their volume decreased by -27% to 49K units. Overall, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 144%. The exports peaked at 67K units in 2021, and then reduced sharply in the following year.
In value terms, exports of tennis, badminton and similar racquets; whether or not strung fell dramatically to $224K in 2022. In general, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 33% against the previous year. Over the period under review, the exports of hit record highs at $481K in 2021, and then declined sharply in the following year.
| Export of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 79.9 | 167 | 240 | 96.2 | 6.4% |
| Sweden | 11.1 | 36.9 | 53.8 | 21.9 | 25.4% |
| Finland | 10.7 | 21.1 | 11.9 | 16.3 | 15.1% |
| Italy | 19.2 | 11.7 | 21.0 | 15.4 | -7.1% |
| Poland | 25.2 | 14.8 | 19.5 | 12.5 | -20.8% |
| Ireland | N/A | 6.1 | 8.2 | 11.9 | 39.7% |
| Spain | 46.4 | 46.2 | 33.2 | 10.3 | -39.5% |
| Austria | 20.7 | 11.2 | 15.0 | 9.9 | -21.8% |
| Hungary | 7.3 | 9.1 | 10.2 | 8.7 | 6.0% |
| Netherlands | 11.4 | 8.8 | 7.5 | 7.4 | -13.4% |
| United Kingdom | 79.6 | 97.7 | N/A | N/A | 22.7% |
| Others | 33.1 | 29.5 | 60.5 | 13.7 | -25.5% |
| Total | 345 | 460 | 481 | 224 | -13.4% |
Top Export Markets for Tennis, Badminton and Similar Racquets; Whether or Not Strung from Bulgaria in 2022:
- Germany (22.1K units)
- Sweden (4.7K units)
- Finland (3.3K units)
- Poland (3.2K units)
- Ireland (2.9K units)
- Italy (2.5K units)
- Netherlands (2.2K units)
- Spain (1.9K units)
- Austria (1.8K units)
- Hungary (1.8K units)
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