Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Denmark - 2023
Contents:
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Denmark (CIF) - 2023
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Denmark (FOB) - 2023
- Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Denmark
- Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Denmark
Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Denmark (CIF) - 2023
The average import price for tennis, badminton and similar racquets; whether or not strung stood at $16.5 per unit in December 2023, waning by -21.1% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 81% month-to-month. As a result, import price attained the peak level of $29.3 per unit. From February 2023 to December 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was France ($42.7 per unit), while the price for Sweden ($7.4 per unit) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Austria (+0.6%), 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 Denmark (FOB) - 2023
In December 2023, the average export price for tennis, badminton and similar racquets; whether or not strung amounted to $32.8 per unit, waning by -13.2% against the previous month. Overall, the export price, however, enjoyed temperate growth. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 80% month-to-month. The export price peaked at $38.4 per unit in August 2023; however, from September 2023 to December 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In December 2023, the country with the highest price was Iceland ($224 per unit), while the average price for exports to South Africa ($8.1 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 Poland (+62.0%), 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 Denmark
In 2022, imports of tennis, badminton and similar racquets; whether or not strung into Denmark surged to 713K units, with an increase of 61% on the previous year. In general, imports showed 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 soared to $15M in 2022. Overall, imports posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 81% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,973 | 2,250 | 4,888 | 5,652 | 42.0% |
| France | 89.5 | 623 | 949 | 2,641 | 209.0% |
| Pakistan | 231 | 679 | 1,909 | 2,273 | 114.3% |
| Sweden | 206 | 47.8 | 51.1 | 993 | 68.9% |
| Spain | 9.1 | 0.3 | 0.5 | 921 | 366.0% |
| Japan | 366 | 430 | 399 | 696 | 23.9% |
| Germany | 376 | 342 | 282 | 669 | 21.2% |
| Taiwan (Chinese) | 409 | 482 | 390 | 617 | 14.7% |
| Others | 170 | 132 | 144 | 515 | 44.7% |
| Total | 3,830 | 4,985 | 9,011 | 14,978 | 57.5% |
Top Suppliers of Tennis, Badminton and Similar Racquets; Whether or Not Strung to Denmark in 2022:
- China (330.5K units)
- Sweden (142.5K units)
- Pakistan (75.0K units)
- France (66.0K units)
- Spain (29.9K units)
- Germany (19.6K units)
- Taiwan (Chinese) (13.6K units)
- Japan (13.1K units)
Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Denmark
Exports of tennis, badminton and similar racquets; whether or not strung from Denmark soared to 287K units in 2022, growing by 35% compared with 2021 figures. Overall, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +8.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.3% against 2020 indices. 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 shrank to $6.1M in 2022. Over the period under review, exports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 68% against the previous year. As a result, the exports attained the peak of $6.4M, and then shrank slightly in the following year.
| Export of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 2,230 | 2,755 | 5,277 | 4,254 | 24.0% |
| Finland | 169 | 313 | 275 | 651 | 56.8% |
| Germany | 92.9 | 276 | 66.8 | 412 | 64.3% |
| Norway | 336 | 268 | 430 | 333 | -0.3% |
| Iceland | 106 | 20.1 | 216 | 126 | 5.9% |
| Spain | 4.6 | 0.4 | 9.0 | 79.2 | 158.2% |
| France | 285 | 78.4 | 0.7 | 55.3 | -42.1% |
| Saudi Arabia | N/A | N/A | N/A | 17.9 | 0% |
| Others | 306 | 89.2 | 94.2 | 155 | -20.3% |
| Total | 3,530 | 3,800 | 6,369 | 6,084 | 19.9% |
Top Export Markets for Tennis, Badminton and Similar Racquets; Whether or Not Strung from Denmark in 2022:
- Sweden (184.9K units)
- Germany (22.2K units)
- Finland (22.1K units)
- Norway (17.8K units)
- Spain (15.5K units)
- Saudi Arabia (5.4K units)
- Iceland (2.1K units)
- France (2.0K units)
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