Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in the Dominican Republic - 2023
Contents:
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in the Dominican Republic (CIF) - 2022
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in the Dominican Republic (FOB) - 2022
- Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in the Dominican Republic
- Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in the Dominican Republic
Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in the Dominican Republic (CIF) - 2022
The average import price for tennis, badminton and similar racquets; whether or not strung stood at $5.4 per unit in 2022, which is down by -48.9% against the previous year. Overall, the import price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 41%. Over the period under review, average import prices hit record highs at $12 per unit in 2017; however, from 2018 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 Vietnam ($60 per unit), while the price for Italy ($5.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+21.2%), 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 the Dominican Republic (FOB) - 2022
The average export price for tennis, badminton and similar racquets; whether or not strung stood at $13 per unit in 2022, which is down by -3.8% against the previous year. In general, the export price, however, continues to indicate notable growth. The pace of growth was the most pronounced in 2021 an increase of 385%. Over the period under review, the average export prices attained the maximum at $16 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
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 the United Arab Emirates ($35 per unit), while the average price for exports to the United States ($4.4 per unit) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (-1.4%).
Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in the Dominican Republic
In 2022, approx. 7.4K units of tennis, badminton and similar racquets; whether or not strung were imported into the Dominican Republic; picking up by 85% on the previous year's figure. In general, imports, however, showed a abrupt descent. Over the period under review, imports of reached the maximum at 10K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of tennis, badminton and similar racquets; whether or not strung skyrocketed to $81K in 2022. Overall, imports, however, saw a mild reduction. Imports peaked at $86K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Tennis, Badminton and Similar Racquets; Whether or Not Strung in the Dominican Republic (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 38.2 | 9.8 | 20.2 | 37.8 | -0.4% |
Vietnam | 6.4 | 6.4 | 6.8 | 9.4 | 13.7% |
United States | 15.7 | 8.2 | 4.4 | 6.6 | -25.1% |
Panama | 12.9 | 4.3 | 4.6 | 6.2 | -21.7% |
Indonesia | 2.2 | 0.5 | 1.8 | 5.0 | 31.5% |
Italy | N/A | N/A | 0.1 | 4.1 | 4000.0% |
Spain | 2.4 | 2.4 | 2.5 | 3.8 | 16.6% |
Thailand | 2.0 | 2.0 | 2.1 | 2.9 | 13.2% |
Others | 5.8 | 4.6 | 4.6 | 5.7 | -0.6% |
Total | 85.6 | 38.3 | 47.1 | 81.5 | -1.6% |
Top Suppliers of Tennis, Badminton and Similar Racquets; Whether or Not Strung to the Dominican Republic in 2022:
- China (3942.0 units)
- Italy (793.0 units)
- United States (707.0 units)
- Indonesia (528.0 units)
- Panama (464.0 units)
- Thailand (345.0 units)
- Spain (208.0 units)
- Vietnam (156.0 units)
Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in the Dominican Republic
In 2022, shipments abroad of tennis, badminton and similar racquets; whether or not strung decreased by -26.9% to 49 units, falling for the second year in a row after two years of growth. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 2,011%. As a result, the exports reached the peak of 190 units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of tennis, badminton and similar racquets; whether or not strung fell significantly to $601 in 2022. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 907%. The exports peaked at $742 in 2021, and then dropped sharply in the following year.
Export of Tennis, Badminton and Similar Racquets; Whether or Not Strung in the Dominican Republic (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | N/A | N/A | N/A | 140 | 0% |
United States | 2.0 | 84.0 | 38.0 | 128 | 300.0% |
France | N/A | N/A | N/A | 88.0 | 0% |
Guatemala | 2.0 | 135 | 73.0 | 29.0 | 143.8% |
Belize | 56.0 | N/A | N/A | N/A | 0% |
Others | 1.0 | 395 | 631 | 216 | 500.0% |
Total | 61.0 | 614 | 742 | 601 | 114.4% |
Top Export Markets for Tennis, Badminton and Similar Racquets; Whether or Not Strung from the Dominican Republic in 2022:
- United States (29.0 units)
- United Arab Emirates (4.0 units)
- Guatemala (3.0 units)
- France (3.0 units)
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