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

Contents:

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

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

The average import price for tennis, badminton and similar racquets; whether or not strung stood at $1.3 per unit in 2022, rising by 5.1% against the previous year. In general, the import price, however, faced a abrupt setback. The pace of growth appeared the most rapid in 2016 when the average import price increased by 200%. The import price peaked at $21 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -11.8% per year.

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

The average export price for tennis, badminton and similar racquets; whether or not strung stood at $47 per unit in 2022, rising by 7.1% against the previous year. In general, the export price posted a strong increase. The most prominent rate of growth was recorded in 2019 an increase of 181% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Taiwan (Chinese).

From 2012 to 2022, the rate of growth in terms of prices for Taiwan (Chinese) amounted to +8.9% per year.

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

In 2022, supplies from abroad of tennis, badminton and similar racquets; whether or not strung decreased by -20.3% to 6M units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 846% against the previous year. As a result, imports reached the peak of 7.5M units, and then shrank sharply in the following year.

In value terms, imports of tennis, badminton and similar racquets; whether or not strung fell remarkably to $8M in 2022. Overall, imports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 53%. Imports peaked at $11M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Bangladesh (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10.66.09.27.6-10.5%
Others0.20.20.30.314.5%
Total10.76.29.58.0-9.2%

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

  1. China (6.0M units)

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

In 2022, approx. 490 units of tennis, badminton and similar racquets; whether or not strung were exported from Bangladesh; falling by -13.7% on the year before. Over the period under review, exports showed a sharp curtailment. Over the period under review, the exports of reached the peak figure at 1.1K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of tennis, badminton and similar racquets; whether or not strung reduced to $22K in 2022. The total export value increased at an average annual rate of +7.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 50%. As a result, the exports attained the peak of $26K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)17.526.324.021.87.6%
OthersN/AN/AN/AN/A0%
Total17.526.424.021.87.6%

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

  1. Taiwan (Chinese) (467.0 units)

Source: IndexBox Market Intelligence Platform

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