Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in South Africa - 2024
Contents:
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in South Africa (CIF) - 2022
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in South Africa (FOB) - 2022
- Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in South Africa
- Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in South Africa
Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in South Africa (CIF) - 2022
The average import price for tennis, badminton and similar racquets; whether or not strung stood at $7.4 per unit in 2022, surging by 154% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 204%. The import price peaked at $12 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($34 per unit), while the price for India ($2.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+22.4%), while the prices for the other major suppliers experienced a decline.
Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in South Africa (FOB) - 2022
In 2022, the average export price for tennis, badminton and similar racquets; whether or not strung amounted to $23 per unit, with an increase of 180% against the previous year. In general, the export price showed strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
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 Mauritius ($22 per unit), while the average price for exports to Malawi ($5.8 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 Mauritius (+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 South Africa
In 2022, the amount of tennis, badminton and similar racquets; whether or not strung imported into South Africa surged to 204K units, with an increase of 141% on the previous year. In general, imports enjoyed significant growth. 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 skyrocketed to $1.5M in 2022. Over the period under review, imports enjoyed a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Tennis, Badminton and Similar Racquets; Whether or Not Strung in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 774 | 480 | 614 | 1,238 | 16.9% |
| Taiwan (Chinese) | 19.6 | 24.6 | 19.9 | 52.7 | 39.1% |
| India | 26.3 | 3.8 | 0.8 | 16.6 | -14.2% |
| Others | 141 | 38.2 | 122 | 212 | 14.6% |
| Total | 960 | 547 | 757 | 1,520 | 16.6% |
Top Suppliers of Tennis, Badminton and Similar Racquets; Whether or Not Strung to South Africa in 2022:
- China (180.3K units)
- Taiwan (Chinese) (9.0K units)
- India (7.4K units)
Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in South Africa
In 2022, approx. 13K units of tennis, badminton and similar racquets; whether or not strung were exported from South Africa; dropping by -24.4% compared with 2021. Over the period under review, exports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2021 when exports increased by 215%. As a result, the exports reached the peak of 17K units, and then reduced remarkably in the following year.
In value terms, exports of tennis, badminton and similar racquets; whether or not strung declined rapidly to $136K in 2022. Overall, exports saw a noticeable downturn. The pace of growth was the most pronounced in 2021 with an increase of 150% against the previous year. As a result, the exports attained the peak of $177K, and then shrank sharply in the following year.
| Export of Tennis, Badminton and Similar Racquets; Whether or Not Strung in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mauritius | 8.6 | N/A | N/A | 42.9 | 70.9% |
| Namibia | 18.8 | 20.9 | 24.1 | 21.3 | 4.2% |
| Botswana | 37.0 | 9.4 | 25.0 | 17.4 | -22.2% |
| Zambia | 8.0 | 2.0 | 3.1 | 16.9 | 28.3% |
| Zimbabwe | 3.1 | 7.4 | 15.7 | 5.9 | 23.9% |
| Malawi | 2.3 | 2.0 | 2.0 | 5.5 | 33.7% |
| Lesotho | 3.1 | 2.2 | 1.3 | 4.4 | 12.4% |
| Kenya | 38.3 | 9.1 | 7.9 | 3.9 | -53.3% |
| Mozambique | 4.5 | 3.6 | 31.8 | 1.8 | -26.3% |
| Ghana | 4.0 | 1.5 | 1.3 | 0.9 | -39.2% |
| Swaziland | 2.8 | 0.8 | 10.1 | 0.9 | -31.5% |
| United Kingdom | 0.6 | 1.0 | 10.1 | N/A | 310.3% |
| United Arab Emirates | 0.8 | 2.3 | 20.1 | N/A | 401.2% |
| Others | 23.5 | 8.6 | 24.7 | 14.4 | -15.1% |
| Total | 156 | 70.8 | 177 | 136 | -4.5% |
Top Export Markets for Tennis, Badminton and Similar Racquets; Whether or Not Strung from South Africa in 2022:
- Namibia (2.3K units)
- Zambia (2.2K units)
- Botswana (2.2K units)
- Mauritius (2.0K units)
- Malawi (0.9K units)
- Lesotho (0.6K units)
- Zimbabwe (0.6K units)
- Kenya (0.3K units)
- Mozambique (0.2K units)
- Ghana (0.1K units)
- Swaziland (0.1K units)
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