Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Guatemala - 2024
Contents:
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Guatemala (CIF) - 2022
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Guatemala (FOB) - 2022
- Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Guatemala
- Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Guatemala
Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Guatemala (CIF) - 2022
In 2022, the average import price for tennis, badminton and similar racquets; whether or not strung amounted to $17 per unit, with an increase of 19% against the previous year. In general, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +4.6% 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 +86.7% against 2018 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 31% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Belgium ($23 per unit) and Germany ($18 per unit), while the price for South Korea ($16 per unit) and Canada ($17 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+27.7%), 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 Guatemala (FOB) - 2022
The average export price for tennis, badminton and similar racquets; whether or not strung stood at $6.6 per unit in 2022, with a decrease of -58.3% against the previous year. Over the period under review, the export price recorded a noticeable reduction. The pace of growth was the most pronounced in 2017 an increase of 253%. Over the period under review, the average export prices attained the peak figure at $25 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Honduras.
From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to +87.5% per year.
Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Guatemala
In 2022, imports of tennis, badminton and similar racquets; whether or not strung into Guatemala skyrocketed to 3.8K units, increasing by 61% against the previous year's figure. Over the period under review, imports posted a mild 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 $65K in 2022. In general, imports recorded a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.1 | 4.4 | 13.7 | 31.7 | 73.2% |
| Taiwan (Chinese) | N/A | N/A | N/A | 17.5 | 0% |
| Japan | N/A | N/A | N/A | 7.4 | 0% |
| United States | 4.4 | 3.4 | 6.3 | 4.9 | 3.7% |
| Canada | 1.9 | N/A | 0.1 | 2.9 | 15.1% |
| Panama | 6.5 | 0.2 | 2.9 | N/A | -33.2% |
| El Salvador | 22.1 | 12.3 | 6.5 | N/A | -45.8% |
| Others | 2.5 | 2.3 | 4.4 | 0.9 | -28.9% |
| Total | 43.4 | 22.5 | 34.0 | 65.3 | 14.6% |
Top Suppliers of Tennis, Badminton and Similar Racquets; Whether or Not Strung to Guatemala in 2022:
- China (1826.0 units)
- Taiwan (Chinese) (1008.0 units)
- Japan (428.0 units)
- United States (281.0 units)
- Canada (167.0 units)
Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Guatemala
In 2022, the amount of tennis, badminton and similar racquets; whether or not strung exported from Guatemala skyrocketed to 455 units, surging by 2,175% against the previous year's figure. Over the period under review, exports enjoyed a significant increase. 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 soared to $3K in 2022. Overall, exports posted a significant increase. 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 Guatemala (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Honduras | 84.0 | 242 | 259 | 3,000 | 229.3% |
| El Salvador | 1,094 | N/A | N/A | N/A | 0% |
| Others | 192 | 110 | 20.0 | 8.0 | -65.3% |
| Total | 1,370 | 352 | 279 | 3,008 | 30.0% |
Top Export Markets for Tennis, Badminton and Similar Racquets; Whether or Not Strung from Guatemala in 2022:
- Honduras (453.0 units)
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