Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Italy - 2023
Contents:
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Italy (CIF) - 2022
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Italy (FOB) - 2022
- Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Italy
- Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Italy
Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Italy (CIF) - 2022
The average import price for tennis, badminton and similar racquets; whether or not strung stood at $19 per unit in 2022, jumping by 47% against the previous year. Overall, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.7% 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 +103.7% against 2018 indices. As a result, import price attained 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 France ($44 per unit), while the price for China ($5.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+15.0%), 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 Italy (FOB) - 2022
In 2022, the average export price for tennis, badminton and similar racquets; whether or not strung amounted to $16 per unit, falling by -20.2% against the previous year. In general, the export price, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 76% against the previous year. The export price peaked at $23 per unit in 2018; however, from 2019 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 the United States ($52 per unit), while the average price for exports to Luxembourg ($6.1 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 United States (+29.4%), 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 Italy
For the fourth year in a row, Italy recorded growth in supplies from abroad of tennis, badminton and similar racquets; whether or not strung, which increased by 22% to 1.3M units in 2022. Overall, imports posted significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 151%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of tennis, badminton and similar racquets; whether or not strung surged to $25M in 2022. In general, imports recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 191%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1.2 | 0.9 | 4.3 | 8.3 | 90.5% |
| France | 0.7 | 1.6 | 4.3 | 4.9 | 91.3% |
| China | 1.5 | 0.5 | 1.6 | 3.5 | 32.6% |
| Pakistan | 0.2 | 0.3 | 1.2 | 3.0 | 146.6% |
| Germany | 0.1 | 0.5 | 0.6 | 2.4 | 188.4% |
| Austria | 0.5 | 0.7 | 1.5 | 1.8 | 53.3% |
| Netherlands | 0.1 | 0.1 | 0.5 | 0.5 | 71.0% |
| Others | 0.2 | 0.4 | 0.3 | 0.4 | 26.0% |
| Total | 4.5 | 4.9 | 14.4 | 24.8 | 76.6% |
Top Suppliers of Tennis, Badminton and Similar Racquets; Whether or Not Strung to Italy in 2022:
- China (605.0K units)
- Spain (318.0K units)
- France (110.1K units)
- Austria (78.0K units)
- Pakistan (70.4K units)
- Germany (57.4K units)
- Netherlands (50.6K units)
Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Italy
In 2022, after three years of growth, there was significant decline in shipments abroad of tennis, badminton and similar racquets; whether or not strung, when their volume decreased by -5.6% to 220K units. Overall, exports, however, showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 227%. Over the period under review, the exports of hit record highs at 233K units in 2021, and then fell in the following year.
In value terms, exports of tennis, badminton and similar racquets; whether or not strung declined markedly to $3.5M in 2022. In general, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 157% against the previous year. The exports peaked at $4.6M in 2021, and then contracted remarkably in the following year.
| Export of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 311 | 897 | 1,744 | 1,064 | 50.7% |
| France | 229 | 570 | 978 | 751 | 48.6% |
| United States | 13.2 | 14.4 | 173 | 240 | 163.0% |
| Croatia | 97.9 | 93.6 | 184 | 189 | 24.5% |
| Belgium | 1.7 | 3.0 | 9.3 | 163 | 357.7% |
| Brazil | 25.0 | 24.5 | 132 | 83.4 | 49.4% |
| Slovenia | 65.2 | 37.9 | 84.0 | 74.3 | 4.5% |
| Germany | 31.7 | 248 | 186 | 42.2 | 10.0% |
| Morocco | 2.8 | N/A | N/A | 29.4 | 119.0% |
| Netherlands | 5.2 | 66.8 | 107 | 27.5 | 74.2% |
| Switzerland | 60.0 | 62.8 | 15.0 | 17.3 | -33.9% |
| Austria | 26.3 | 65.6 | 41.5 | 11.5 | -24.1% |
| Czech Republic | 10.0 | 162 | 217 | 6.7 | -12.5% |
| Others | 123 | 326 | 742 | 786 | 85.6% |
| Total | 1,001 | 2,572 | 4,612 | 3,486 | 51.6% |
Top Export Markets for Tennis, Badminton and Similar Racquets; Whether or Not Strung from Italy in 2022:
- France (84.5K units)
- Spain (44.1K units)
- Belgium (19.6K units)
- Croatia (17.5K units)
- Brazil (6.9K units)
- Slovenia (6.6K units)
- United States (4.6K units)
- Germany (4.5K units)
- Morocco (3.5K units)
- Netherlands (2.1K units)
- Switzerland (1.5K units)
- Czech Republic (0.4K units)
- Austria (0.3K units)
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