Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Portugal - 2023
Contents:
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Portugal (CIF) - 2022
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Portugal (FOB) - 2022
- Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Portugal
- Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Portugal
Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Portugal (CIF) - 2022
In 2022, the average import price for tennis, badminton and similar racquets; whether or not strung amounted to $14 per unit, increasing by 21% against the previous year. In general, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.3% 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 +120.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 83% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($30 per unit), while the price for the Netherlands ($2.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+10.6%), 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 Portugal (FOB) - 2022
In 2022, the average export price for tennis, badminton and similar racquets; whether or not strung amounted to $18 per unit, rising by 29% against the previous year. In general, the export price continues to indicate a buoyant increase. The growth pace was the most rapid in 2021 when the average export price increased by 377% against the previous year. The export price peaked at $23 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($72 per unit), while the average price for exports to France ($4.9 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 Panama (+458.9%), 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 Portugal
In 2022, imports of tennis, badminton and similar racquets; whether or not strung into Portugal skyrocketed to 186K units, increasing by 29% on the previous year. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +24.8% 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 +94.4% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 51% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of tennis, badminton and similar racquets; whether or not strung skyrocketed to $2.6M in 2022. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 59%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.
| Import of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 612 | 484 | 940 | 1,322 | 29.3% |
| France | 134 | 319 | 526 | 582 | 63.2% |
| Brazil | N/A | N/A | 104 | 242 | 132.7% |
| Germany | 196 | 58.4 | 69.8 | 148 | -8.9% |
| China | 137 | 204 | 107 | 145 | 1.9% |
| Netherlands | 3.4 | 5.7 | 7.6 | 30.9 | 108.7% |
| Belgium | 18.4 | 85.1 | 54.3 | 23.2 | 8.0% |
| Others | 8.9 | 13.5 | 48.1 | 61.1 | 90.1% |
| Total | 1,110 | 1,170 | 1,857 | 2,554 | 32.0% |
Top Suppliers of Tennis, Badminton and Similar Racquets; Whether or Not Strung to Portugal in 2022:
- Spain (82.0K units)
- China (39.3K units)
- Germany (22.4K units)
- France (19.2K units)
- Netherlands (10.6K units)
- Brazil (8.0K units)
- Belgium (1.8K units)
Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Portugal
In 2022, the amount of tennis, badminton and similar racquets; whether or not strung exported from Portugal surged to 64K units, increasing by 145% against the year before. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports attained 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 soared to $1.2M in 2022. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 311% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.9 | 12.5 | 69.6 | 215 | 214.7% |
| Kuwait | N/A | N/A | 41.6 | 195 | 368.8% |
| Italy | 0.6 | 1.4 | 16.6 | 123 | 489.6% |
| United Kingdom | 0.3 | 1.5 | 22.7 | 85.9 | 559.1% |
| Netherlands | 0.1 | 0.5 | 5.7 | 81.0 | 832.2% |
| Spain | 63.7 | 36.9 | 21.7 | 73.1 | 4.7% |
| France | 19.7 | 9.9 | 13.9 | 57.1 | 42.6% |
| Angola | 6.8 | 1.8 | 12.7 | 40.0 | 80.5% |
| Panama | N/A | 1.2 | 34.8 | 29.3 | 394.1% |
| United Arab Emirates | 0.9 | 10.3 | 120 | 28.4 | 216.0% |
| Switzerland | 8.7 | 2.6 | 8.0 | 19.4 | 30.6% |
| Germany | 1.2 | 0.5 | 0.4 | 16.2 | 138.1% |
| Belgium | 3.4 | 21.2 | 1.8 | 1.2 | -29.3% |
| Others | 61.3 | 14.1 | 100 | 211 | 51.0% |
| Total | 174 | 114 | 470 | 1,175 | 89.0% |
Top Export Markets for Tennis, Badminton and Similar Racquets; Whether or Not Strung from Portugal in 2022:
- Italy (11.8K units)
- France (11.7K units)
- Netherlands (8.5K units)
- Spain (8.2K units)
- Angola (4.0K units)
- Kuwait (3.7K units)
- United States (3.2K units)
- Germany (1.5K units)
- United Kingdom (1.4K units)
- Switzerland (1.1K units)
- United Arab Emirates (0.6K units)
- Panama (0.4K units)
- Belgium (0.2K units)
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