Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in New Zealand - 2024
Contents:
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in New Zealand (CIF) - 2022
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in New Zealand (FOB) - 2022
- Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in New Zealand
- Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in New Zealand
Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in New Zealand (CIF) - 2022
The average import price for tennis, badminton and similar racquets; whether or not strung stood at $13 per unit in 2022, waning by -30.1% against the previous year. In general, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.0% 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 +27.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 60%. As a result, import price attained the peak level of $19 per unit, and then reduced remarkably in the following year.
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 Japan ($46 per unit), while the price for China ($11 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) (+8.8%), 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 New Zealand (FOB) - 2022
The average export price for tennis, badminton and similar racquets; whether or not strung stood at $37 per unit in 2022, increasing by 141% against the previous year. Over the period under review, the export price showed resilient growth. The growth pace was the most rapid in 2013 an increase of 2,029% against the previous year. As a result, the export price reached the peak level of $369 per unit. From 2014 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Guam ($137 per unit), while the average price for exports to Cook Islands ($25 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 Guam (+44.4%), while the prices for the other major destinations experienced a decline.
Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in New Zealand
In 2022, the amount of tennis, badminton and similar racquets; whether or not strung imported into New Zealand skyrocketed to 67K units, growing by 64% compared with the previous year. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +11.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 totaled $866K in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.4% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 30% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
Import of Tennis, Badminton and Similar Racquets; Whether or Not Strung in New Zealand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 374 | 445 | 368 | 594 | 16.7% |
Japan | 68.4 | 109 | 226 | 115 | 18.9% |
Taiwan (Chinese) | 22.4 | 31.3 | 97.4 | 71.1 | 47.0% |
Singapore | N/A | N/A | N/A | 21.6 | 0% |
Others | 23.3 | 48.4 | 63.6 | 64.3 | 40.3% |
Total | 488 | 633 | 755 | 866 | 21.1% |
Top Suppliers of Tennis, Badminton and Similar Racquets; Whether or Not Strung to New Zealand in 2022:
- China (56.4K units)
- Taiwan (Chinese) (3.0K units)
- Japan (2.5K units)
- Singapore (1.6K units)
Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in New Zealand
In 2022, shipments abroad of tennis, badminton and similar racquets; whether or not strung was finally on the rise to reach 344 units after two years of decline. In general, exports, however, saw a perceptible descent. Over the period under review, the exports of reached the peak figure at 375 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of tennis, badminton and similar racquets; whether or not strung soared to $13K in 2022. Over the period under review, exports saw strong growth. 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 New Zealand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 9.1 | 2.4 | 0.1 | 11.1 | 6.8% |
Guam | N/A | N/A | N/A | 1.2 | 0% |
Cook Islands | N/A | 0.3 | 0.1 | 0.3 | 0.0% |
Wallis and Futuna Islands | N/A | N/A | 0.7 | N/A | 0% |
Samoa | N/A | N/A | 0.8 | N/A | 0% |
Others | 0.5 | 0.2 | 0.5 | N/A | 0.0% |
Total | 9.7 | 2.9 | 2.1 | 12.7 | 9.4% |
Top Export Markets for Tennis, Badminton and Similar Racquets; Whether or Not Strung from New Zealand in 2022:
- Australia (322.0 units)
- Cook Islands (13.0 units)
- Guam (9.0 units)
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