Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Ethiopia - 2022
Contents:
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Ethiopia (CIF) - 2022
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Ethiopia (FOB) - 2022
- Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Ethiopia
- Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Ethiopia
Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Ethiopia (CIF) - 2022
In 2022, the average import price for tennis, badminton and similar racquets; whether or not strung amounted to $21 per unit, picking up by 42% against the previous year. Over the period under review, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tennis, badminton and similar racquets; whether or not strung increased by +125.4% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($56 per unit), while the price for South Africa ($10 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+15.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Ethiopia (FOB) - 2022
In 2022, the average export price for tennis, badminton and similar racquets; whether or not strung amounted to $6 per unit, increasing by 28% against the previous year. In general, the export price, however, continues to indicate a drastic downturn. The export price peaked at $17 per unit in 2012; however, from 2013 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 Benin ($17 per unit), while the average price for exports to Sweden ($4.5 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 UK (+6.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Ethiopia
Imports of tennis, badminton and similar racquets; whether or not strung into Ethiopia reduced notably to 180 units in 2022, shrinking by -60.2% against the year before. Overall, imports recorded a precipitous decline. The most prominent rate of growth was recorded in 2021 with an increase of 174% against the previous year. Imports peaked at 1.6K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of tennis, badminton and similar racquets; whether or not strung dropped sharply to $3.5K in 2022. Over the period under review, imports saw a sharp descent. The pace of growth appeared the most rapid in 2021 when imports increased by 245%. Over the period under review, imports of attained the peak figure at $18K 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 Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 8.6 | 0.9 | 4.4 | 2.7 | -32.0% |
| India | 1.7 | 0.1 | 0.6 | 0.3 | -43.9% |
| Germany | N/A | N/A | 0.2 | 0.1 | -50.0% |
| China | 6.4 | 0.7 | 1.0 | 0.1 | -75.0% |
| South Africa | N/A | N/A | N/A | N/A | 0% |
| Others | 1.3 | 0.2 | 0.4 | 0.3 | -38.7% |
| Total | 18.1 | 1.9 | 6.6 | 3.5 | -42.2% |
Top Suppliers of Tennis, Badminton and Similar Racquets; Whether or Not Strung to Ethiopia in 2022:
- Pakistan (137.0 units)
- India (17.0 units)
- South Africa (3.0 units)
- Germany (3.0 units)
- China (2.0 units)
Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Ethiopia
In 2022, overseas shipments of tennis, badminton and similar racquets; whether or not strung decreased by -57.5% to 217 units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 378%. As a result, the exports reached the peak of 511 units, and then reduced remarkably in the following year.
In value terms, exports of tennis, badminton and similar racquets; whether or not strung shrank markedly to $1.3K in 2022. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 274% against the previous year. As a result, the exports attained the peak of $2.4K, and then declined significantly in the following year.
| Export of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Ethiopia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 79.0 | 191 | 794 | 420 | 74.5% |
| Belgium | 65.0 | 139 | 327 | 339 | 73.4% |
| Benin | N/A | N/A | N/A | 215 | 0% |
| United States | 41.0 | 93.0 | 207 | 110 | 39.0% |
| Switzerland | 21.0 | 10.0 | 137 | 72.0 | 50.8% |
| France | 6.0 | 13.0 | 39.0 | 33.0 | 76.5% |
| Kenya | 7.0 | 15.0 | 31.0 | 27.0 | 56.8% |
| Cameroon | N/A | N/A | 248 | N/A | 0% |
| Mozambique | 99.0 | N/A | 65.0 | N/A | -19.0% |
| Angola | N/A | N/A | 375 | N/A | 0% |
| Others | 97.0 | 176 | 162 | 90.0 | -2.5% |
| Total | 415 | 637 | 2,385 | 1,306 | 46.5% |
Top Export Markets for Tennis, Badminton and Similar Racquets; Whether or Not Strung from Ethiopia in 2022:
- Sweden (94.0 units)
- Belgium (59.0 units)
- United States (24.0 units)
- Benin (13.0 units)
- Switzerland (7.0 units)
- France (6.0 units)
- Kenya (5.0 units)
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