Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Croatia - 2023

Contents:

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

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

In 2022, the average import price for tennis, badminton and similar racquets; whether or not strung amounted to $7.4 per unit, increasing by 14% against the previous year. Overall, the import price, however, showed a perceptible decrease. The most prominent rate of growth was recorded in 2019 an increase of 31% against the previous year. Over the period under review, average import prices reached the peak figure at $12 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($24 per unit), while the price for Hungary ($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 France (+9.1%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for tennis, badminton and similar racquets; whether or not strung amounted to $3.8 per unit, which is down by -5% against the previous year. In general, the export price saw a drastic downturn. The pace of growth appeared the most rapid in 2017 when the average export price increased by 216% against the previous year. The export price peaked at $23 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Montenegro ($39 per unit), while the average price for exports to Bosnia and Herzegovina ($3.9 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 Montenegro (+17.7%), while the prices for the other major destinations experienced a decline.

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

For the fourth consecutive year, Croatia recorded growth in purchases abroad of tennis, badminton and similar racquets; whether or not strung, which increased by 22% to 71K units in 2022. Overall, imports showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 60% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of tennis, badminton and similar racquets; whether or not strung skyrocketed to $524K in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +19.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.0% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 38% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy10199.318519324.1%
Germany47.168.876.410530.6%
China38.445.567.091.633.6%
Hungary15.410.212.945.243.2%
Slovenia38.233.943.141.42.7%
Austria15.012.911.415.40.9%
Spain10.39.35.09.4-3.0%
Others43.342.542.622.7-19.4%
Total30832244352419.4%

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

  1. Italy (21.8K units)
  2. China (16.4K units)
  3. Germany (13.2K units)
  4. Hungary (8.4K units)
  5. Slovenia (5.4K units)
  6. Austria (1.6K units)
  7. Spain (1.3K units)

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

For the fourth year in a row, Croatia recorded growth in shipments abroad of tennis, badminton and similar racquets; whether or not strung, which increased by 230% to 8.1K units in 2022. In general, exports continue to indicate significant growth. As a result, the exports attained 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 surged to $39K in 2022. Over the period under review, exports continue to indicate 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 Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovenia8.59.17.315.221.4%
Bosnia and Herzegovina5.78.44.913.834.3%
Montenegro0.10.12.05.1270.8%
Serbia0.31.81.33.1117.8%
Others0.10.10.11.4141.0%
Total14.719.515.738.738.1%

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

  1. Slovenia (3.7K units)
  2. Bosnia and Herzegovina (3.6K units)
  3. Serbia (0.6K units)
  4. Montenegro (0.1K units)

Source: IndexBox Market Intelligence Platform

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