Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Jordan - 2022

Contents:

  1. Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Jordan (CIF) - 2022
  2. Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Jordan (FOB) - 2022
  3. Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Jordan
  4. Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Jordan

Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Jordan (CIF) - 2022

The average import price for tennis, badminton and similar racquets; whether or not strung stood at $21 per unit in 2022, growing by 180% against the previous year. In general, the import price showed a prominent expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Germany ($34 per unit), while the price for Switzerland ($0.7 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 (+4.9%), 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 Jordan (FOB) - 2022

The average export price for tennis, badminton and similar racquets; whether or not strung stood at $20 per unit in 2022, surging by 36% against the previous year. Overall, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +7.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for tennis, badminton and similar racquets; whether or not strung increased by +74.8% against 2017 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Egypt ($21 per unit), while the average price for exports to Switzerland amounted to $17 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+8.1%).

Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Jordan

In 2022, the amount of tennis, badminton and similar racquets; whether or not strung imported into Jordan surged to 3.4K units, rising by 56% against the previous year's figure. Over the period under review, imports enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 2,590%. Over the period under review, imports of attained the maximum 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 skyrocketed to $38K in 2022. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 2,597%. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the immediate term.

Import of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.70.48.820.395.9%
Germany0.20.12.13.9169.2%
United StatesN/AN/A2.53.540.0%
Malaysia0.1N/A1.42.4188.4%
PortugalN/AN/AN/A2.10%
Lebanon0.1N/A1.01.4141.0%
Netherlands0.20.11.51.386.6%
SwitzerlandN/AN/A0.40.525.0%
BrazilN/AN/A0.2N/A0%
Others0.20.11.22.6135.1%
Total3.50.719.038.0121.4%

Top Suppliers of Tennis, Badminton and Similar Racquets; Whether or Not Strung to Jordan in 2022:

  1. China (1197.0 units)
  2. Switzerland (688.0 units)
  3. Malaysia (328.0 units)
  4. United States (320.0 units)
  5. Portugal (195.0 units)
  6. Netherlands (139.0 units)
  7. Lebanon (131.0 units)
  8. Germany (115.0 units)

Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Jordan

Exports of tennis, badminton and similar racquets; whether or not strung from Jordan shrank dramatically to 3 units in 2022, which is down by -50% compared with 2021. In general, exports showed a dramatic contraction. The smallest decline of -25% was in 2021. Over the period under review, the exports of attained the peak figure at 11 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of tennis, badminton and similar racquets; whether or not strung dropped markedly to $59 in 2022. Over the period under review, exports showed a precipitous decline. The smallest decline of -17.7% was in 2020. The exports peaked at $130 in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Jordan (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt10710787.042.0-26.8%
SwitzerlandN/AN/AN/A17.00%
United Arab Emirates23.0N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total13010787.059.0-23.2%

Top Export Markets for Tennis, Badminton and Similar Racquets; Whether or Not Strung from Jordan in 2022:

  1. Egypt (2.0 units)
  2. Switzerland (1.0 units)

Source: IndexBox Market Intelligence Platform

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