Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Turkey - 2024
Contents:
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Turkey (CIF) - 2022
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Turkey (FOB) - 2022
- Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Turkey
- Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Turkey
Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Turkey (CIF) - 2022
The average import price for tennis, badminton and similar racquets; whether or not strung stood at $21 per unit in 2022, increasing by 34% against the previous year. Over the period under review, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +6.6% 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.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($21 per unit), while the price for Italy ($21 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) (+6.6%), 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 Turkey (FOB) - 2022
The average export price for tennis, badminton and similar racquets; whether or not strung stood at $6 per unit in 2022, increasing by 29% against the previous year. Over the period under review, the export price, however, showed a abrupt decline. The pace of growth was the most pronounced in 2020 when the average export price increased by 62% against the previous year. As a result, the export price reached the peak level of $25 per unit. From 2021 to 2022, the average export prices remained at a somewhat 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 Bulgaria ($9.6 per unit), while the average price for exports to Kyrgyzstan ($5.9 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 Bosnia and Herzegovina (+28.1%), while the prices for the other major destinations experienced a decline.
Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Turkey
In 2022, approx. 36K units of tennis, badminton and similar racquets; whether or not strung were imported into Turkey; waning by -2.6% against 2021 figures. Over the period under review, imports continue to indicate a abrupt downturn. Over the period under review, imports of attained the maximum at 55K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of tennis, badminton and similar racquets; whether or not strung skyrocketed to $755K in 2022. The total import value increased at an average annual rate of +5.8% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 624 | 657 | 517 | 708 | 4.3% |
| Italy | 0.2 | 10.0 | 18.8 | 12.7 | 299.0% |
| Others | 13.3 | 10.7 | 41.4 | 34.6 | 37.5% |
| Total | 637 | 678 | 577 | 755 | 5.8% |
Top Suppliers of Tennis, Badminton and Similar Racquets; Whether or Not Strung to Turkey in 2022:
- China (33.8K units)
- Italy (0.6K units)
Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Turkey
In 2022, the amount of tennis, badminton and similar racquets; whether or not strung exported from Turkey declined notably to 3K units, shrinking by -71.9% against 2021. Overall, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 5,189% against the previous year. As a result, the exports reached the peak of 11K units, and then declined significantly in the following year.
In value terms, exports of tennis, badminton and similar racquets; whether or not strung fell remarkably to $18K in 2022. In general, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,116%. As a result, the exports reached the peak of $50K, and then contracted notably in the following year.
| Export of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Turkey (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Somalia | N/A | N/A | N/A | 4,405 | 0% |
| Greece | N/A | 388 | 140 | 3,909 | 217.4% |
| Cyprus | 844 | 504 | 423 | 2,121 | 36.0% |
| Iraq | 3,459 | N/A | 621 | 1,479 | -24.7% |
| France | N/A | 235 | 161 | 895 | 95.2% |
| Bulgaria | N/A | 112 | 230 | 690 | 148.2% |
| Azerbaijan | N/A | N/A | 155 | 654 | 321.9% |
| Bosnia and Herzegovina | N/A | N/A | 144 | 625 | 334.0% |
| Kyrgyzstan | N/A | 15.0 | 24.0 | 505 | 480.2% |
| Malta | N/A | N/A | N/A | 447 | 0% |
| Marshall Islands | N/A | N/A | N/A | 420 | 0% |
| Liberia | 327 | 391 | 426 | 401 | 7.0% |
| Kazakhstan | N/A | 256 | N/A | 360 | 18.6% |
| Others | 3,631 | 2,224 | 47,853 | 1,012 | -34.7% |
| Total | 8,261 | 4,125 | 50,177 | 17,923 | 29.5% |
Top Export Markets for Tennis, Badminton and Similar Racquets; Whether or Not Strung from Turkey in 2022:
- Somalia (738.0 units)
- Greece (655.0 units)
- Cyprus (355.0 units)
- Iraq (248.0 units)
- France (150.0 units)
- Azerbaijan (110.0 units)
- Bosnia and Herzegovina (105.0 units)
- Kyrgyzstan (85.0 units)
- Malta (75.0 units)
- Bulgaria (72.0 units)
- Marshall Islands (70.0 units)
- Liberia (67.0 units)
- Kazakhstan (60.0 units)
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