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Peru - Tennis, Badminton Or Similar Rackets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Tennis and Badminton Rackets in Peru - 2021
Contents:
- Price for Tennis and Badminton Rackets in Peru (CIF) - 2022
- Price for Tennis and Badminton Rackets in Peru (FOB) - 2022
- Imports of Tennis and Badminton Rackets in Peru
- Exports of Tennis and Badminton Rackets in Peru
Price for Tennis and Badminton Rackets in Peru (CIF) - 2022
The average tennis and badminton rackets import price stood at $8 per unit in 2022, reducing by -3.7% against the previous year. Over the period under review, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tennis and badminton rackets import price increased by +79.2% against 2019 indices. The growth pace was the most rapid in 2020 when the average import price increased by 49%. Over the period under review, average import prices hit record highs at $8.3 per unit in 2021, and then fell slightly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Argentina ($33 per unit), while the price for Thailand ($1.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tennis and Badminton Rackets in Peru (FOB) - 2022
In 2022, the average tennis and badminton rackets export price amounted to $8.2 per unit, growing by 11% against the previous year. Over the period under review, the export price, however, continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2020 an increase of 69%. The export price peaked at $23 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($27 per unit), while the average price for exports to Ecuador ($5.3 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 Chile (+1.5%), while the prices for the other major destinations experienced a decline.
Imports of Tennis and Badminton Rackets in Peru
In 2022, approx. 52K units of tennis, badminton or similar rackets were imported into Peru; growing by 12% against the previous year's figure. In general, imports saw a pronounced expansion. The pace of growth appeared the most rapid in 2021 with an increase of 102% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, tennis and badminton rackets imports rose rapidly to $415K in 2022. Over the period under review, imports recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 153%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.
Import of Tennis and Badminton Rackets in Peru (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 146 | 118 | 285 | 265 | 22.0% |
Argentina | 4.2 | 2.3 | 24.4 | 30.7 | 94.1% |
Thailand | 8.7 | 1.1 | 15.4 | 19.3 | 30.4% |
Hong Kong SAR | 27.0 | 6.8 | 3.0 | 14.2 | -19.3% |
Taiwan (Chinese) | 1.8 | 1.7 | 3.6 | 4.4 | 34.7% |
Others | 19.8 | 21.4 | 52.4 | 82.0 | 60.6% |
Total | 208 | 152 | 384 | 415 | 25.9% |
Top Suppliers of Tennis and Badminton Rackets to Peru in 2022:
- China (36.0K units)
- Thailand (10.3K units)
- Hong Kong SAR (1.6K units)
- Taiwan (Chinese) (1.2K units)
- Argentina (0.9K units)
Exports of Tennis and Badminton Rackets in Peru
In 2022, overseas shipments of tennis, badminton or similar rackets decreased by -18.9% to 77 units, falling for the second consecutive year after two years of growth. In general, exports saw a precipitous contraction. The growth pace was the most rapid in 2020 with an increase of 17% against the previous year. As a result, the exports reached the peak of 892 units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, tennis and badminton rackets exports contracted to $631 in 2022. Overall, exports continue to indicate a dramatic decline. The pace of growth appeared the most rapid in 2020 with an increase of 97%. As a result, the exports attained the peak of $12K. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Tennis and Badminton Rackets in Peru (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ecuador | 699 | 2,170 | 398 | 306 | -24.1% |
Ireland | 397 | 4,770 | 202 | 135 | -30.2% |
Chile | 253 | 476 | 37.0 | 23.0 | -55.0% |
United States | 3,697 | N/A | 1.0 | N/A | -98.4% |
Others | 1,212 | 4,921 | 69.0 | 167 | -48.3% |
Total | 6,258 | 12,337 | 707 | 631 | -53.5% |
Top Export Markets for Tennis and Badminton Rackets from Peru in 2022:
- Ecuador (58.0 units)
- Ireland (16.0 units)
- Chile (1.0 units)
This report provides an in-depth analysis of the market for tennis and badminton rackets in Peru. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 32301560 - Tennis, badminton or similar rackets, whether or not strung
Country coverage:
- Peru
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Peru
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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