Croatia - Tennis, Badminton Or Similar Rackets - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Croatia - Tennis, Badminton Or Similar Rackets - Market Analysis, Forecast, Size, Trends And Insights

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Price for Tennis and Badminton Rackets in Croatia - 2023

Contents:

  1. Price for Tennis and Badminton Rackets in Croatia (CIF) - 2023
  2. Price for Tennis and Badminton Rackets in Croatia (FOB) - 2022
  3. Imports of Tennis and Badminton Rackets in Croatia
  4. Exports of Tennis and Badminton Rackets in Croatia

Price for Tennis and Badminton Rackets in Croatia (CIF) - 2023

In July 2023, the average tennis and badminton rackets import price amounted to $8.4 per unit, rising by 158% against the previous month. Overall, the import price saw a perceptible expansion. The growth pace was the most rapid in September 2022 an increase of 281% m-o-m. As a result, import price attained the peak level of $27.8 per unit. From October 2022 to July 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was France ($42.3 per unit), while the price for Hungary ($1.2 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Italy (+1.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Tennis and Badminton Rackets in Croatia (FOB) - 2022

In 2022, the average tennis and badminton rackets export price amounted to $8.8 per unit, waning by -11% against the previous year. Overall, the export price showed a abrupt slump. The most prominent rate of growth was recorded in 2013 an increase of 35%. Over the period under review, the average export prices reached the peak figure at $23 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was North Macedonia ($17 per unit), while the average price for exports to Bosnia and Herzegovina ($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 Germany (+2.4%), while the prices for the other major destinations experienced a decline.

Imports of Tennis and Badminton Rackets in Croatia

For the fourth consecutive year, Croatia recorded growth in overseas purchases of tennis, badminton or similar rackets, which increased by 6.2% to 89K units in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +16.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.7% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 47%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, tennis and badminton rackets imports soared to $1.4M in 2022. In general, total imports indicated a perceptible increase from 2019 to 2022: its value increased at an average annual rate of +2.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Tennis and Badminton Rackets in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France601149183318-19.1%
Italy15115725427722.4%
Germany2642943072721.0%
Slovenia66.563.587.821848.6%
China83.710114514219.3%
Austria71.896.769.197.210.6%
Hungary15.410.412.845.743.7%
Others54.165.152.431.7-16.3%
Total1,3089371,1111,4022.3%

Top Suppliers of Tennis and Badminton Rackets to Croatia in 2022:

  1. Italy (34.5K units)
  2. Germany (12.5K units)
  3. France (12.4K units)
  4. Slovenia (9.1K units)
  5. China (7.2K units)
  6. Hungary (6.8K units)
  7. Austria (4.0K units)

Exports of Tennis and Badminton Rackets in Croatia

Tennis and badminton rackets exports from Croatia surged to 6.5K units in 2022, jumping by 52% compared with 2021. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 263% against the previous year. As a result, the exports attained the peak of 7.4K units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, tennis and badminton rackets exports skyrocketed to $57K in 2022. In general, exports recorded a buoyant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 142%. As a result, the exports reached the peak of $85K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Tennis and Badminton Rackets in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovenia14.922.910.317.96.3%
Bosnia and Herzegovina8.221.29.615.222.8%
Montenegro1.70.93.79.074.3%
Serbia3.95.95.07.222.7%
North Macedonia1.63.75.95.248.1%
Germany4.75.67.12.5-19.0%
FranceN/A23.9N/AN/A0%
Others0.11.00.70.226.0%
Total35.185.042.457.217.7%

Top Export Markets for Tennis and Badminton Rackets from Croatia in 2022:

  1. Slovenia (2359.0 units)
  2. Bosnia and Herzegovina (2156.0 units)
  3. Montenegro (877.0 units)
  4. Serbia (590.0 units)
  5. North Macedonia (315.0 units)
  6. Germany (228.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for tennis and badminton rackets in Croatia. 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:

  • Croatia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Croatia
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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