Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Canada - 2024
Contents:
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Canada (CIF) - 2024
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Canada (FOB) - 2022
- Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Canada
- Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Canada
Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Canada (CIF) - 2024
In January 2024, the average import price for tennis, badminton and similar racquets; whether or not strung amounted to $5.9 per unit, reducing by -39.4% against the previous month. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 46% against the previous month. The import price peaked at $18.4 per unit in November 2023; however, from December 2023 to January 2024, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($43.1 per unit), while the price for China ($3.6 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 the United States (+12.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Canada (FOB) - 2022
In 2022, the average export price for tennis, badminton and similar racquets; whether or not strung amounted to $6 per unit, which is down by -47.3% against the previous year. In general, the export price saw a perceptible contraction. The pace of growth appeared the most rapid in 2018 an increase of 45%. As a result, the export price attained the peak level of $23 per unit. From 2019 to 2022, the average export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($6 per unit), while the average price for exports to Japan ($6 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 the United States (-4.3%).
Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Canada
In 2022, imports of tennis, badminton and similar racquets; whether or not strung into Canada skyrocketed to 1.2M units, increasing by 19% compared with the year before. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +10.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 35%. Over the period under review, imports of attained the peak figure 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 surged to $11M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +13.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +86.3% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.7 | 4.6 | 5.9 | 8.5 | 14.2% |
| Taiwan (Chinese) | 0.8 | 0.5 | 0.4 | 1.1 | 11.2% |
| Indonesia | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 0.6 | 0.5 | 0.4 | 0.9 | 14.5% |
| Total | 7.2 | 5.7 | 6.8 | 10.5 | 13.4% |
Top Suppliers of Tennis, Badminton and Similar Racquets; Whether or Not Strung to Canada in 2022:
- China (1090.4K units)
- Taiwan (Chinese) (83.8K units)
- Indonesia (36.0K units)
Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Canada
In 2022, exports of tennis, badminton and similar racquets; whether or not strung from Canada skyrocketed to 175K units, increasing by 878% against the previous year. Over the period under review, exports posted significant growth. 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 $1M in 2022. Overall, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | 968 | 0% |
| United States | 106 | 52.2 | 181 | 54.7 | -19.8% |
| Others | 49.7 | 14.4 | 21.6 | 21.2 | -24.7% |
| Total | 156 | 66.7 | 203 | 1,044 | 88.4% |
Top Export Markets for Tennis, Badminton and Similar Racquets; Whether or Not Strung from Canada in 2022:
- China (162.1K units)
- United States (9.2K units)
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