Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Iran - 2022

Contents:

  1. Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Iran (CIF) - 2022
  2. Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Iran (FOB) - 2022
  3. Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Iran
  4. Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Iran

Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Iran (CIF) - 2022

The average import price for tennis, badminton and similar racquets; whether or not strung stood at $2.5 per unit in 2022, declining by -5.7% against the previous year. Over the period under review, the import price, however, showed mild growth. The pace of growth appeared the most rapid in 2013 an increase of 239% against the previous year. The import price peaked at $12 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

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 the United Arab Emirates ($9.3 per unit), while the price for Singapore ($1.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+2.4%), while the prices for the other major suppliers experienced a decline.

Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Iran (FOB) - 2022

In 2022, the average export price for tennis, badminton and similar racquets; whether or not strung amounted to $6.5 per unit, surging by 42% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 81% against the previous year. As a result, the export price reached the peak level of $18 per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($88 per unit), while the average price for exports to Armenia ($2.7 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 Armenia (-0.7%), while the prices for the other major destinations experienced a decline.

Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Iran

In 2022, imports of tennis, badminton and similar racquets; whether or not strung into Iran surged to 153K units, increasing by 32% compared with the previous year's figure. In general, imports posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 249%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of tennis, badminton and similar racquets; whether or not strung surged to $379K in 2022. Over the period under review, imports, however, recorded a pronounced decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 161% against the previous year. Over the period under review, imports of hit record highs at $437K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China33521.5113215-13.7%
United Arab Emirates4.916.410185.2159.1%
Taiwan (Chinese)35.731.942.441.04.7%
Free Zones16.412.815.012.7-8.2%
Singapore24.916.215.611.0-23.8%
Others20.117.617.613.9-11.6%
Total437116304379-4.6%

Top Suppliers of Tennis, Badminton and Similar Racquets; Whether or Not Strung to Iran in 2022:

  1. China (121.9K units)
  2. United Arab Emirates (9.1K units)
  3. Singapore (9.0K units)
  4. Taiwan (Chinese) (8.2K units)
  5. Free Zones (2.5K units)

Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Iran

In 2022, the amount of tennis, badminton and similar racquets; whether or not strung exported from Iran skyrocketed to 48 units, increasing by 85% compared with the previous year's figure. Overall, exports saw a significant increase. 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 $386 in 2022. In general, exports posted a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Iran (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/AN/AN/A1760%
Armenia10875.040.0104-1.3%
Georgia99.01471351010.7%
Canada21.0N/AN/A5.0-38.0%
IraqN/A149N/AN/A0%
Others64.09.0N/AN/A-85.9%
Total2923801753869.7%

Top Export Markets for Tennis, Badminton and Similar Racquets; Whether or Not Strung from Iran in 2022:

  1. Armenia (39.0 units)
  2. Georgia (6.0 units)
  3. United Arab Emirates (2.0 units)
  4. Canada (1.0 units)

Source: IndexBox Market Intelligence Platform

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