Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Belarus - 2022
Contents:
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Belarus (CIF) - 2022
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Belarus (FOB) - 2022
- Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Belarus
- Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Belarus
Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Belarus (CIF) - 2022
In 2022, the average import price for tennis, badminton and similar racquets; whether or not strung amounted to $2.6 per unit, surging by 1.5% against the previous year. Overall, the import price saw temperate growth. The pace of growth appeared the most rapid in 2020 when the average import price increased by 76%. The import price peaked at $2.6 per unit in 2013; afterwards, it flattened through to 2022.
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 Poland ($6 per unit), while the price for Ukraine ($0.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.8%), 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 Belarus (FOB) - 2022
The average export price for tennis, badminton and similar racquets; whether or not strung stood at $6.6 per unit in 2022, jumping by 60% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 72%. The export price peaked at $12 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +0.8% per year.
Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Belarus
In 2022, approx. 211K units of tennis, badminton and similar racquets; whether or not strung were imported into Belarus; growing by 3.9% on the year before. In general, imports posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 42% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of tennis, badminton and similar racquets; whether or not strung shrank to $545K in 2022. Overall, imports saw a significant increase. The growth pace was the most rapid in 2021 when imports increased by 89% against the previous year. As a result, imports reached the peak of $574K, and then declined in the following year.
Import of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Belarus (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 67.2 | 130 | 205 | 313 | 67.0% |
Poland | 68.0 | 85.4 | 207 | 99.7 | 13.6% |
Japan | 16.5 | 21.6 | 66.4 | 49.1 | 43.8% |
Russia | 44.1 | 42.5 | 47.9 | 43.5 | -0.5% |
Others | 20.6 | 23.6 | 47.6 | 39.0 | 23.7% |
Total | 216 | 303 | 574 | 545 | 36.1% |
Top Suppliers of Tennis, Badminton and Similar Racquets; Whether or Not Strung to Belarus in 2022:
- China (163.2K units)
- Russia (16.8K units)
- Poland (16.5K units)
- Japan (10.6K units)
Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Belarus
In 2022, after three years of growth, there was significant decline in shipments abroad of tennis, badminton and similar racquets; whether or not strung, when their volume decreased by -37.2% to 5.4K units. Over the period under review, exports, however, showed a prominent expansion. The pace of growth was the most pronounced in 2020 when exports increased by 59%. The exports peaked at 8.7K units in 2021, and then declined remarkably in the following year.
In value terms, exports of tennis, badminton and similar racquets; whether or not strung totaled $36K in 2022. The total export value increased at an average annual rate of +9.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 43% against the previous year. As a result, the exports attained the peak of $39K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
Export of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Belarus (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 27.2 | 39.2 | 34.8 | 36.1 | 9.9% |
Others | 0.2 | N/A | 1.1 | N/A | 134.5% |
Total | 27.4 | 39.2 | 35.9 | 36.1 | 9.6% |
Top Export Markets for Tennis, Badminton and Similar Racquets; Whether or Not Strung from Belarus in 2022:
- Russia (5.4K units)
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