Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Ecuador - 2022
Contents:
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Ecuador (CIF) - 2022
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Ecuador (FOB) - 2022
- Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Ecuador
- Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Ecuador
Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Ecuador (CIF) - 2022
In 2022, the average import price for tennis, badminton and similar racquets; whether or not strung amounted to $4.7 per unit, growing by 5.9% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 117%. The import price peaked at $8.4 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
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 the United States ($12 per unit), while the price for Italy ($1.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.0%), 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 Ecuador (FOB) - 2022
In 2022, the average export price for tennis, badminton and similar racquets; whether or not strung amounted to $17 per unit, with an increase of 24% against the previous year. In general, the export price recorded significant growth. The growth pace was the most rapid in 2013 an increase of 100%. Over the period under review, the average export prices hit record highs at $19 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Panama ($23 per unit), while the average price for exports to the UK totaled $6 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (0.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Ecuador
Imports of tennis, badminton and similar racquets; whether or not strung into Ecuador soared to 72K units in 2022, growing by 276% on the previous year. Over the period under review, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of tennis, badminton and similar racquets; whether or not strung surged to $340K in 2022. Overall, imports continue to indicate a significant expansion. 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 Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 42.6 | 3.8 | 24.6 | 210 | 70.2% |
| Panama | 98.7 | 75.3 | 38.4 | 73.8 | -9.2% |
| Hong Kong SAR | 1.4 | 2.4 | 2.1 | 12.9 | 109.6% |
| France | 1.0 | 2.3 | 1.8 | 4.3 | 62.6% |
| Italy | 4.7 | 4.0 | 1.7 | 2.7 | -16.9% |
| Others | 29.5 | 31.3 | 23.5 | 36.0 | 6.9% |
| Total | 178 | 119 | 92.1 | 340 | 24.1% |
Top Suppliers of Tennis, Badminton and Similar Racquets; Whether or Not Strung to Ecuador in 2022:
- China (56.8K units)
- Panama (6.9K units)
- Hong Kong SAR (3.1K units)
- Italy (1.4K units)
- France (1.1K units)
Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Ecuador
In 2022, shipments abroad of tennis, badminton and similar racquets; whether or not strung decreased by 0% to 3 units for the first time since 2019, thus ending a two-year declining trend. Overall, exports continue to indicate a resilient expansion. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of tennis, badminton and similar racquets; whether or not strung stood at $52 in 2022. Over the period under review, exports posted a strong increase. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Ecuador (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | N/A | N/A | N/A | 46.0 | 0% |
| United Kingdom | N/A | N/A | N/A | 6.0 | 0% |
| Tanzania | 33.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 33.0 | N/A | N/A | 52.0 | 16.4% |
Top Export Markets for Tennis, Badminton and Similar Racquets; Whether or Not Strung from Ecuador in 2022:
- Panama (2.0 units)
- United Kingdom (1.0 units)
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