Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Bahrain - 2022

Contents:

  1. Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Bahrain (CIF) - 2022
  2. Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Bahrain (FOB) - 2022
  3. Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Bahrain
  4. Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Bahrain

Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Bahrain (CIF) - 2022

In 2022, the average import price for tennis, badminton and similar racquets; whether or not strung amounted to $15 per unit, picking up by 12% against the previous year. In general, the import price showed strong growth. The pace of growth appeared the most rapid in 2015 an increase of 147% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.

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 Malaysia ($40 per unit), while the price for Taiwan (Chinese) ($5.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+19.9%), 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 Bahrain (FOB) - 2022

In 2022, the average export price for tennis, badminton and similar racquets; whether or not strung amounted to $12 per unit, growing by 163% against the previous year. Overall, the export price, however, continues to indicate a deep downturn. The export price peaked at $35 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($14 per unit), while the average price for exports to Thailand ($2 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 Kuwait (+184.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Bahrain

After three years of growth, overseas purchases of tennis, badminton and similar racquets; whether or not strung decreased by -3.5% to 28K units in 2022. In general, imports, however, recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 177%. As a result, imports reached the peak of 29K units, and then declined slightly in the following year.

In value terms, imports of tennis, badminton and similar racquets; whether or not strung soared to $381K in 2022. Overall, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 258%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

Import of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Bahrain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12.818.275.3264174.2%
PortugalN/A0.19.122.31393.3%
Kuwait0.20.716.017.3342.3%
TurkeyN/AN/A7.315.7115.1%
MauritiusN/AN/AN/A15.60%
Pakistan0.92.25.98.4110.5%
United Arab Emirates12.422.755.44.0-31.4%
Japan2.03.02.02.23.2%
Taiwan (Chinese)0.11.72.50.8100.0%
Others10.514.251.331.143.6%
Total38.962.8225381114.0%

Top Suppliers of Tennis, Badminton and Similar Racquets; Whether or Not Strung to Bahrain in 2022:

  1. China (21.9K units)
  2. Kuwait (1.2K units)
  3. Turkey (1.1K units)
  4. Mauritius (0.9K units)
  5. Portugal (0.8K units)
  6. United Arab Emirates (0.7K units)
  7. Pakistan (0.3K units)
  8. Japan (0.2K units)
  9. Taiwan (Chinese) (0.1K units)

Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Bahrain

After two years of decline, overseas shipments of tennis, badminton and similar racquets; whether or not strung increased by 121% to 53 units in 2022. In general, exports saw a significant expansion. As a result, the exports reached 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 skyrocketed to $699 in 2022. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Bahrain (USD)
COUNTRY2019202020212022CAGR,
2019-2022
KuwaitN/AN/A105654522.9%
Oman24859.01.029.0-51.1%
United Arab EmiratesN/AN/AN/A10.00%
PakistanN/A1292.04.0-82.4%
Thailand80.018.01.02.0-70.8%
OthersN/AN/AN/AN/A0%
Total32820610969928.7%

Top Export Markets for Tennis, Badminton and Similar Racquets; Whether or Not Strung from Bahrain in 2022:

  1. Kuwait (46.0 units)
  2. Oman (4.0 units)
  3. United Arab Emirates (1.0 units)
  4. Pakistan (1.0 units)
  5. Thailand (1.0 units)

Source: IndexBox Market Intelligence Platform

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