Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Myanmar - 2023
Contents:
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Myanmar (CIF) - 2022
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Myanmar (FOB) - 2022
- Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Myanmar
- Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Myanmar
Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Myanmar (CIF) - 2022
In 2022, the average import price for tennis, badminton and similar racquets; whether or not strung amounted to $1.6 per unit, surging by 159% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2015 an increase of 816%. Over the period under review, average import prices attained the peak figure at $11 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 Taiwan (Chinese) ($9.9 per unit), while the price for Thailand ($0.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-11.5%), while the prices for the other major suppliers experienced a decline.
Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Myanmar (FOB) - 2022
In November 2021, the average export price for tennis, badminton and similar racquets; whether or not strung amounted to $119 per unit, surging by 69% against the previous month. Over the period under review, the export price showed a noticeable expansion. The pace of growth was the most pronounced in September 2021 an increase of 434% month-to-month. As a result, the export price attained the peak level of $154 per unit. From October 2021 to November 2021, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($576 per unit), while the average price for exports to Italy ($45.7 per unit) was amongst the lowest.
From January 2021 to November 2021, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+17.0%), 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 Myanmar
Imports of tennis, badminton and similar racquets; whether or not strung into Myanmar contracted notably to 80K units in 2022, dropping by -36.1% on 2021 figures. Overall, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 2,023%. As a result, imports attained the peak of 125K units, and then declined sharply in the following year.
In value terms, imports of tennis, badminton and similar racquets; whether or not strung shrank rapidly to $117K in 2022. Over the period under review, imports, however, showed a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of 197%. As a result, imports reached the peak of $165K, and then contracted notably in the following year.
| Import of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 33.2 | 3.5 | 155 | 89.8 | 39.3% |
| Thailand | 0.1 | 0.6 | 5.3 | 3.7 | 233.2% |
| Others | 57.3 | 51.6 | 5.5 | 23.1 | -26.1% |
| Total | 90.6 | 55.7 | 165 | 117 | 8.9% |
Top Suppliers of Tennis, Badminton and Similar Racquets; Whether or Not Strung to Myanmar in 2022:
- China (71.6K units)
- Thailand (7.6K units)
Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Myanmar
In 2021, exports of tennis, badminton and similar racquets; whether or not strung from Myanmar surged to 59K units, picking up by 2,419% compared with the previous year. Overall, exports saw 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 surged to $3.8M in 2021. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| India | 17.9 | 36.7 | 1,517 | 820.6% | |
| United Arab Emirates | 4.4 | N/A | 751 | 1206.5% | |
| Singapore | 14.8 | 7.2 | 583 | 527.6% | |
| Sri Lanka | N/A | N/A | 366 | 0% | |
| Kuwait | N/A | N/A | 249 | 0% | |
| China | 0.1 | 0.7 | 225 | 4643.4% | |
| Bosnia and Herzegovina | N/A | 1.1 | 92.2 | 8281.8% | |
| Others | 0.3 | 55.9 | 0.6 | 41.4% | |
| Total | 37.4 | 102 | 3,785 | 906.0% | |
Top Export Markets for Tennis, Badminton and Similar Racquets; Whether or Not Strung from Myanmar in 2022:
- India (22.4K units)
- Singapore (16.8K units)
- United Arab Emirates (7.7K units)
- Bosnia and Herzegovina (4.4K units)
- Sri Lanka (3.7K units)
- Kuwait (1.9K units)
- China (1.8K units)
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