China - Tennis, Badminton Or Similar Rackets - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Tennis and Badminton Rackets in China - 2023
Contents:
- Price for Tennis and Badminton Rackets in China (FOB) - 2023
- Price for Tennis and Badminton Rackets in China (CIF) - 2023
- Exports of Tennis and Badminton Rackets in China
- Imports of Tennis and Badminton Rackets in China
Price for Tennis and Badminton Rackets in China (FOB) - 2023
In June 2023, the average tennis and badminton rackets export price amounted to $6.1 per unit, growing by 11% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in February 2023 when the average export price increased by 28% against the previous month. Over the period under review, the average export prices reached the maximum at $6.4 per unit in August 2022; however, from September 2022 to June 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($15.9 per unit), while the average price for exports to Bangladesh ($838 per thousand units) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tennis and Badminton Rackets in China (CIF) - 2023
In June 2023, the average tennis and badminton rackets import price amounted to $30.0 per unit, jumping by 57% against the previous month. Overall, the import price saw a resilient expansion. The pace of growth appeared the most rapid in August 2022 an increase of 348% month-to-month. Over the period under review, average import prices reached the peak figure in June 2023.
As there is only one major supplying country, the average price level is determined by prices for Japan.
From June 2022 to June 2023, the rate of growth in terms of prices for Japan amounted to -1.5% per month.
Exports of Tennis and Badminton Rackets in China
In 2022, tennis and badminton rackets exports from China was estimated at 115M units, standing approx. at 2021 figures. The total export volume increased at an average annual rate of +8.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 38%. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, tennis and badminton rackets exports soared to $560M in 2022. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 54%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Tennis and Badminton Rackets in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 44.5 | 51.0 | 88.0 | 106 | 33.6% |
| France | 23.8 | 38.5 | 49.3 | 70.3 | 43.5% |
| Spain | 18.9 | 10.1 | 29.0 | 62.4 | 48.9% |
| Germany | 20.1 | 19.7 | 27.2 | 33.8 | 18.9% |
| Japan | 16.4 | 17.5 | 19.0 | 23.7 | 13.1% |
| Vietnam | 11.3 | 22.8 | 20.4 | 18.0 | 16.8% |
| Malaysia | 5.4 | 5.5 | 9.3 | 16.8 | 46.0% |
| Indonesia | 6.7 | 6.2 | 10.3 | 13.8 | 27.2% |
| India | 16.9 | 14.3 | 19.9 | 13.6 | -7.0% |
| South Korea | 8.3 | 6.0 | 9.7 | 12.3 | 14.0% |
| Netherlands | 6.2 | 5.9 | 9.5 | 12.0 | 24.6% |
| United Kingdom | 8.2 | 6.7 | 8.7 | 9.7 | 5.8% |
| Bangladesh | 10.5 | 6.1 | 9.6 | 7.6 | -10.2% |
| Others | 72.0 | 63.4 | 112 | 160 | 30.5% |
| Total | 269 | 274 | 422 | 560 | 27.7% |
Top Export Markets for Tennis and Badminton Rackets from China in 2022:
- United States (19.9M units)
- Spain (8.8M units)
- France (8.2M units)
- Bangladesh (6.0M units)
- India (5.5M units)
- Netherlands (5.1M units)
- Germany (4.7M units)
- Japan (4.2M units)
- Vietnam (4.1M units)
- Indonesia (3.5M units)
- Malaysia (3.5M units)
- United Kingdom (2.7M units)
- South Korea (2.5M units)
Imports of Tennis and Badminton Rackets in China
For the fourth consecutive year, China recorded growth in overseas purchases of tennis, badminton or similar rackets, which increased by 14% to 6.9M units in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +17.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.3% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 20%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, tennis and badminton rackets imports soared to $63M in 2022. In general, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Tennis and Badminton Rackets in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 11.1 | 9.9 | 14.5 | 21.5 | 24.7% |
| Taiwan (Chinese) | 9.6 | N/A | N/A | N/A | 0% |
| Others | 0.3 | 10.3 | 17.7 | 41.1 | 415.5% |
| Total | 21.0 | 20.2 | 32.2 | 62.5 | 43.8% |
Top Suppliers of Tennis and Badminton Rackets to China in 2022:
- Japan (0.9M units)
This report provides an in-depth analysis of the market for tennis and badminton rackets in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 32301560 - Tennis, badminton or similar rackets, whether or not strung
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
325
This report provides an in-depth analysis of the market for tennis and badminton rackets in China.
343
This report provides an in-depth analysis of the market for skis and its equipment and skates in China.
746
This report provides an in-depth analysis of the golf equipment market in China.
363
This report provides an in-depth analysis of the water-skis and surfboards market in China.
390
This report provides an in-depth analysis of the skis market in China.
261
This report provides an in-depth analysis of the ski accessoires market in China.
462
This report provides an in-depth analysis of the skates market in China.
408
This report provides an in-depth analysis of the ball market in China.
522
This report provides an in-depth analysis of the table-tennis equipment market in China.
760
This report provides an in-depth analysis of the market for gym and fitness equipment in China.
332
In September 2022, the tennis and badminton rackets price amounted to $5.8 per unit (FOB, China), which is down by -10.3% against the previous month.
229
In June 2023, Skis And Skates witnessed a significant surge in exports, reaching a value of $57M. This notable growth primarily attributed to the increased demand for snow-skis, snow-ski equipment, ice-skates, and roller-skates.
257
In June 2023, the price of Skis was $23.6 per unit (FOB, China), experiencing a decline of -37.9% compared to the previous month.
243
In February 2023, the price of a pair of skates was recorded at $16.5 FOB China, showing a decrease of -11.8% compared to the previous month.
132
In March 2023, Gym and Fitness Equipment witnessed the most rapid growth with a 98% increase in exports compared to the previous month. The total value of exports for Gym and Fitness Equipment reached $745M in December 2023.
274
Golf is a popular sport that attracts enthusiasts from around the globe. The demand for golf equipment has skyrocketed, leading to an increase in the import market. The United States, Japan, Hong Kong SAR, South Korea, Mexico, the United Kingdom, China, Canada, the Netherlands, and Germany are the world's top import markets for golf equipment. The IndexBox market intelligence platform offers valuable data and insights into these markets.
921
In 2016, the global imports of golf equipment amounted to X tons, picking up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the ...
752
In 2016, the global imports of golf equipment amounted to X tons, picking up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the ...
200
Explore the top import markets for gym and fitness equipment with key statistics and data. Learn about the leading countries in terms of import value and the opportunities they offer for manufacturers.
332
In September 2022, the tennis and badminton rackets price amounted to $5.8 per unit (FOB, China), which is down by -10.3% against the previous month.
