Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Australia - 2024
Contents:
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Australia (CIF) - 2024
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Australia (FOB) - 2022
- Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Australia
- Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Australia
Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Australia (CIF) - 2024
In January 2024, the average import price for tennis, badminton and similar racquets; whether or not strung amounted to $8.4 per unit, reducing by -28.1% against the previous month. In general, the import price continues to indicate a pronounced slump. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 95% against the previous month. Over the period under review, average import prices reached the peak figure at $22.6 per unit in February 2023; however, from March 2023 to January 2024, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($19.6 per unit), while the price for China ($7.2 per unit) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.1%), while the prices for the other major suppliers experienced a decline.
Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Australia (FOB) - 2022
The average export price for tennis, badminton and similar racquets; whether or not strung stood at $22 per unit in 2022, surging by 284% against the previous year. Over the period under review, the export price posted strong growth. The pace of growth was the most pronounced in 2013 an increase of 403%. As a result, the export price reached the peak level of $42 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Fiji ($25 per unit), while the average price for exports to South Africa ($5.4 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 South Africa (+28.8%), 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 Australia
For the fourth consecutive year, Australia recorded growth in purchases abroad of tennis, badminton and similar racquets; whether or not strung, which increased by 10% to 505K units in 2022. In general, imports saw significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 74%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of tennis, badminton and similar racquets; whether or not strung rose remarkably to $5.5M in 2022. Overall, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 120% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,293 | 1,258 | 2,272 | 3,051 | 33.1% |
| Japan | 564 | 758 | 1,765 | 1,228 | 29.6% |
| Malaysia | 67.6 | 46.7 | 203 | 535 | 99.3% |
| Taiwan (Chinese) | 150 | 111 | 606 | 430 | 42.1% |
| Others | 128 | 66.9 | 93.5 | 218 | 19.4% |
| Total | 2,203 | 2,241 | 4,940 | 5,462 | 35.3% |
Top Suppliers of Tennis, Badminton and Similar Racquets; Whether or Not Strung to Australia in 2022:
- China (435.8K units)
- Japan (27.0K units)
- Taiwan (Chinese) (18.4K units)
- Malaysia (13.3K units)
Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Australia
In 2022, approx. 6.7K units of tennis, badminton and similar racquets; whether or not strung were exported from Australia; rising by 2.6% on the previous year's figure. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,575% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of tennis, badminton and similar racquets; whether or not strung skyrocketed to $139K in 2022. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 467% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | 65.3 | 0% |
| New Zealand | 10.6 | 7.1 | 8.9 | 53.3 | 71.3% |
| Fiji | 2.5 | N/A | 3.2 | 10.9 | 63.4% |
| United Arab Emirates | N/A | N/A | N/A | 5.5 | 0% |
| South Africa | N/A | N/A | N/A | 2.2 | 0% |
| Singapore | N/A | N/A | 2.0 | 2.0 | 0.0% |
| Greece | N/A | N/A | 14.6 | N/A | 0% |
| French Polynesia | N/A | N/A | 3.8 | N/A | 0% |
| India | 6.0 | N/A | N/A | N/A | 0% |
| Others | 26.1 | N/A | 7.9 | 0.3 | -77.4% |
| Total | 45.2 | 7.1 | 40.5 | 139 | 45.4% |
Top Export Markets for Tennis, Badminton and Similar Racquets; Whether or Not Strung from Australia in 2022:
- China (2894.0 units)
- New Zealand (2253.0 units)
- United Arab Emirates (530.0 units)
- Fiji (432.0 units)
- South Africa (402.0 units)
- Singapore (147.0 units)
402
This report provides an in-depth analysis of the market for tennis and badminton rackets in Australia.
305
This report provides an in-depth analysis of the market for skis and its equipment and skates in Australia.
1181
This report provides an in-depth analysis of the golf equipment market in Australia.
370
This report provides an in-depth analysis of the water-skis and surfboards market in Australia.
337
This report provides an in-depth analysis of the skis market in Australia.
319
This report provides an in-depth analysis of the ski accessoires market in Australia.
379
This report provides an in-depth analysis of the skates market in Australia.
463
This report provides an in-depth analysis of the ball market in Australia.
290
This report provides an in-depth analysis of the table-tennis equipment market in Australia.
770
This report provides an in-depth analysis of the market for gym and fitness equipment in Australia.
337
The growth of imports for Tennis And Badminton Rackets remained somewhat lower from November 2022 to August 2023. In terms of value, imports surged to $1.3M in August 2023.
337
In July 2023, the Ball price reached $2.5 per unit (CIF, Australia), experiencing a 15% increase compared to the previous month.
450
Golf is a popular sport that attracts enthusiasts from around the globe. The demand for golf equipment has skyrocketed, leading to an increase in the import market. The United States, Japan, Hong Kong SAR, South Korea, Mexico, the United Kingdom, China, Canada, the Netherlands, and Germany are the world's top import markets for golf equipment. The IndexBox market intelligence platform offers valuable data and insights into these markets.
1082
In 2016, the global imports of golf equipment amounted to X tons, picking up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the ...
882
In 2016, the global imports of golf equipment amounted to X tons, picking up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the ...
63
Explore the top import markets for balls in 2023 and discover the key players in the global industry. From the United States to Germany, these countries drive the demand for high-quality balls.
555
Explore the top import markets for gym and fitness equipment with key statistics and data. Learn about the leading countries in terms of import value and the opportunities they offer for manufacturers.
337
The growth of imports for Tennis And Badminton Rackets remained somewhat lower from November 2022 to August 2023. In terms of value, imports surged to $1.3M in August 2023.
337
In July 2023, the Ball price reached $2.5 per unit (CIF, Australia), experiencing a 15% increase compared to the previous month.
450
Golf is a popular sport that attracts enthusiasts from around the globe. The demand for golf equipment has skyrocketed, leading to an increase in the import market. The United States, Japan, Hong Kong SAR, South Korea, Mexico, the United Kingdom, China, Canada, the Netherlands, and Germany are the world's top import markets for golf equipment. The IndexBox market intelligence platform offers valuable data and insights into these markets.
