Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in France - 2023
Contents:
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in France (CIF) - 2023
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in France (FOB) - 2023
- Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in France
- Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in France
Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in France (CIF) - 2023
In December 2023, the average import price for tennis, badminton and similar racquets; whether or not strung amounted to $23.4 per unit, falling by -35.8% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 104% m-o-m. The import price peaked at $39.4 per unit in October 2023; however, from November 2023 to December 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($80.7 per unit), while the price for Japan ($8.7 per unit) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Spain (+7.0%), 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 France (FOB) - 2023
In December 2023, the average export price for tennis, badminton and similar racquets; whether or not strung amounted to $69.9 per unit, remaining stable against the previous month. Overall, the export price, however, continues to indicate a measured expansion. The pace of growth was the most pronounced in August 2023 an increase of 97% month-to-month. Over the period under review, the average export prices hit record highs at $70.9 per unit in November 2023, and then declined in the following month.
There were significant differences in the average prices for the major foreign markets. In December 2023, the country with the highest price was Switzerland ($245 per unit), while the average price for exports to Romania ($20.3 per unit) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+21.0%), 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 France
For the fourth consecutive year, France recorded growth in supplies from abroad of tennis, badminton and similar racquets; whether or not strung, which increased by 15% to 3M units in 2022. Over the period under review, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 36% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of tennis, badminton and similar racquets; whether or not strung surged to $48M in 2022. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 66%. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in years to come.
| Import of Tennis, Badminton and Similar Racquets; Whether or Not Strung in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 14.3 | 13.1 | 24.0 | 32.1 | 30.9% |
| Belgium | N/A | 2.4 | 3.8 | 5.8 | 55.5% |
| Spain | 0.1 | 2.5 | 3.3 | 4.4 | 253.0% |
| Germany | 0.4 | 0.7 | 0.7 | 1.5 | 55.4% |
| Taiwan (Chinese) | 1.0 | 0.9 | 0.4 | 1.0 | 0.0% |
| Italy | 0.4 | 0.5 | 1.0 | 0.8 | 26.0% |
| Others | 0.7 | 1.1 | 1.7 | 2.5 | 52.9% |
| Total | 16.8 | 21.1 | 35.0 | 48.2 | 42.1% |
Top Suppliers of Tennis, Badminton and Similar Racquets; Whether or Not Strung to France in 2022:
- China (1902.0K units)
- Belgium (477.5K units)
- Spain (329.4K units)
- Germany (93.7K units)
- Italy (86.6K units)
- Taiwan (Chinese) (44.7K units)
Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in France
In 2022, the amount of tennis, badminton and similar racquets; whether or not strung exported from France expanded notably to 1.1M units, increasing by 5.7% on 2021. The total export volume increased at an average annual rate of +10.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 14%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, exports of tennis, badminton and similar racquets; whether or not strung surged to $39M in 2022. Overall, exports showed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 70%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.
| Export of Tennis, Badminton and Similar Racquets; Whether or Not Strung in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 4.3 | 6.5 | 12.2 | 14.5 | 50.0% |
| Italy | 0.7 | 1.6 | 4.4 | 4.9 | 91.3% |
| Germany | 0.9 | 1.4 | 1.6 | 2.6 | 42.4% |
| Belgium | 0.8 | 1.3 | 2.7 | 2.5 | 46.2% |
| Netherlands | 0.3 | 0.4 | 1.0 | 2.3 | 97.2% |
| Denmark | 0.2 | 0.4 | 1.4 | 1.7 | 104.1% |
| Sweden | 0.9 | 2.6 | 3.1 | 1.7 | 23.6% |
| Poland | 0.7 | 1.0 | 1.3 | 1.3 | 22.9% |
| United Kingdom | 1.4 | 0.8 | 0.6 | 1.1 | -7.7% |
| Portugal | 0.2 | 0.4 | 0.6 | 0.7 | 51.8% |
| Switzerland | 0.5 | 0.4 | 0.3 | 0.5 | 0.0% |
| Romania | 0.3 | 0.3 | 0.4 | 0.4 | 10.1% |
| Hungary | 0.2 | 0.3 | 0.3 | 0.4 | 26.0% |
| Others | 2.0 | 5.1 | 2.3 | 4.0 | 26.0% |
| Total | 13.2 | 22.5 | 32.2 | 38.5 | 42.9% |
Top Export Markets for Tennis, Badminton and Similar Racquets; Whether or Not Strung from France in 2022:
- Spain (303.0K units)
- Germany (123.2K units)
- Belgium (114.9K units)
- Italy (107.2K units)
- Poland (101.7K units)
- Netherlands (71.7K units)
- United Kingdom (37.4K units)
- Romania (35.8K units)
- Hungary (30.3K units)
- Switzerland (30.2K units)
- Sweden (29.9K units)
- Denmark (29.7K units)
- Portugal (20.5K units)
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