Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Paraguay - 2024
Contents:
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Paraguay (CIF) - 2022
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Paraguay (FOB) - 2022
- Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Paraguay
- Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Paraguay
Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Paraguay (CIF) - 2022
In 2022, the average import price for tennis, badminton and similar racquets; whether or not strung amounted to $21 per unit, increasing by 34% against the previous year. In general, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +6.1% 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 +125.0% against 2018 indices. 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 Spain ($20 per unit), while the price for Sweden ($5.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+20.8%), 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 Paraguay (FOB) - 2022
The average export price for tennis, badminton and similar racquets; whether or not strung stood at $11 per unit in 2021, shrinking by -32.9% against the previous year. Over the period under review, the export price continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2018 an increase of 14% against the previous year. As a result, the export price reached the peak level of $23 per unit. From 2019 to 2021, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($12 per unit), while the average price for exports to Brazil totaled $6.3 per unit.
From 2017 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+8.8%), while the prices for the other major destinations experienced a decline.
Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Paraguay
After three years of growth, purchases abroad of tennis, badminton and similar racquets; whether or not strung decreased by -87.8% to 6.2K units in 2022. Overall, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 137% against the previous year. Over the period under review, imports of attained the maximum at 51K units in 2021, and then reduced markedly in the following year.
In value terms, imports of tennis, badminton and similar racquets; whether or not strung shrank rapidly to $89K in 2022. In general, imports showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 180%. As a result, imports attained the peak of $750K, and then reduced markedly in the following year.
| Import of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Paraguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 36.6 | 72.8 | 245 | 27.3 | -9.3% |
| Panama | 0.2 | 0.2 | 0.7 | 16.8 | 338.0% |
| Pakistan | 23.7 | 41.0 | 41.3 | 16.2 | -11.9% |
| Hong Kong SAR | 0.6 | 0.5 | 16.2 | 7.9 | 136.1% |
| Argentina | 4.4 | 12.0 | 13.8 | 6.2 | 12.1% |
| Spain | 18.2 | 114 | 248 | 4.2 | -38.7% |
| United States | 5.4 | 6.6 | 66.9 | 2.9 | -18.7% |
| Sweden | N/A | N/A | N/A | 1.3 | 0% |
| France | 0.1 | 9.5 | 36.6 | 0.2 | 26.0% |
| Others | 9.2 | 10.6 | 80.7 | 6.4 | -11.4% |
| Total | 98.4 | 268 | 750 | 89.4 | -3.1% |
Top Suppliers of Tennis, Badminton and Similar Racquets; Whether or Not Strung to Paraguay in 2022:
- China (1378.0 units)
- Hong Kong SAR (1262.0 units)
- Panama (1218.0 units)
- Pakistan (1113.0 units)
- Argentina (311.0 units)
- Sweden (232.0 units)
- Spain (210.0 units)
- United States (147.0 units)
- France (11.0 units)
Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Paraguay
Exports of tennis, badminton and similar racquets; whether or not strung from Paraguay fell markedly to 48 units in 2021, reducing by -99.4% against the previous year. In general, exports faced a sharp setback. The smallest decline of -68.9% was in 2020. The exports peaked at 26K units in 2019; however, from 2020 to 2021, the exports failed to regain momentum.
In value terms, exports of tennis, badminton and similar racquets; whether or not strung fell significantly to $576 in 2021. Overall, exports recorded a dramatic setback. The smallest decline of -66.5% was in 2020. Over the period under review, the exports of hit record highs at $404K in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.
| Export of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Paraguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Spain | 359 | 32.6 | 0.6 | -95.9% | |
| Argentina | 16.4 | 27.8 | N/A | 69.5% | |
| Mexico | 24.7 | 8.2 | N/A | -66.8% | |
| Netherlands | N/A | 64.3 | N/A | 0% | |
| Brazil | 4.2 | 2.1 | N/A | -50.0% | |
| Others | N/A | 0.5 | N/A | 0% | |
| Total | 404 | 136 | 0.6 | -96.1% | |
Top Export Markets for Tennis, Badminton and Similar Racquets; Whether or Not Strung from Paraguay in 2022:
- Spain (45.0 units)
- Brazil (3.0 units)
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