Denmark - Tennis, Badminton Or Similar Rackets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Tennis and Badminton Rackets in Denmark - 2023
Contents:
- Price for Tennis and Badminton Rackets in Denmark (CIF) - 2023
- Price for Tennis and Badminton Rackets in Denmark (FOB) - 2023
- Imports of Tennis and Badminton Rackets in Denmark
- Exports of Tennis and Badminton Rackets in Denmark
Price for Tennis and Badminton Rackets in Denmark (CIF) - 2023
The average tennis and badminton rackets import price stood at $8.8 per unit in July 2023, growing by 13% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 96% m-o-m. As a result, import price reached the peak level of $13.2 per unit. From February 2023 to July 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Japan ($138 per unit), while the price for Sweden ($2.9 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 Japan (+19.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tennis and Badminton Rackets in Denmark (FOB) - 2023
In July 2023, the average tennis and badminton rackets export price amounted to $10.7 per unit, growing by 52% against the previous month. Over the period under review, export price indicated a noticeable increase from July 2022 to July 2023: its price increased at an average monthly rate of +3.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, tennis and badminton rackets export price increased by +67.3% against May 2023 indices. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 64% month-to-month. As a result, the export price reached the peak level of $14.0 per unit. From December 2022 to July 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was Finland ($17.2 per unit), while the average price for exports to Poland ($1.8 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+24.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tennis and Badminton Rackets in Denmark
In 2022, approx. 998K units of tennis, badminton or similar rackets were imported into Denmark; therefore, remained relatively stable against the previous year's figure. In general, imports posted a significant increase. The growth pace was the most rapid in 2021 when imports increased by 100% against the previous year. 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 $18M in 2022. Overall, imports recorded a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 80% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Tennis and Badminton Rackets in Denmark (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2.2 | 2.7 | 5.0 | 7.2 | 48.5% |
France | 0.3 | 0.6 | 1.2 | 2.9 | 113.0% |
Pakistan | 0.2 | 0.7 | 2.3 | 2.6 | 135.1% |
Spain | N/A | N/A | N/A | 1.3 | 0% |
Germany | 0.6 | 0.7 | 0.6 | 1.0 | 18.6% |
Japan | 0.5 | 0.5 | 0.6 | 0.9 | 21.6% |
Sweden | 0.2 | 0.1 | 0.1 | 0.9 | 65.1% |
Taiwan (Chinese) | 0.4 | 0.4 | 0.4 | 0.4 | 0.0% |
Others | 0.2 | 0.1 | 0.1 | 0.6 | 44.2% |
Total | 4.6 | 5.8 | 10.4 | 17.8 | 57.0% |
Top Suppliers of Tennis and Badminton Rackets to Denmark in 2022:
- China (413.5K units)
- France (164.0K units)
- Pakistan (145.4K units)
- Spain (67.0K units)
- Germany (51.2K units)
- Sweden (50.6K units)
- Japan (46.5K units)
- Taiwan (Chinese) (25.6K units)
Exports of Tennis and Badminton Rackets in Denmark
For the fourth year in a row, Denmark recorded growth in overseas shipments of tennis, badminton or similar rackets, which increased by 62% to 954K units in 2022. In general, exports showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 93%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, tennis and badminton rackets exports dropped to $6.4M in 2022. Over the period under review, exports enjoyed buoyant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 63%. As a result, the exports reached the peak of $6.7M, and then reduced in the following year.
Export of Tennis and Badminton Rackets in Denmark (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 2,401 | 2,971 | 5,414 | 4,081 | 19.3% |
Norway | 352 | 350 | 658 | 872 | 35.3% |
Finland | 194 | 306 | 193 | 626 | 47.8% |
Germany | 92.9 | 264 | 61.1 | 437 | 67.6% |
Iceland | 110 | 21.2 | 178 | 128 | 5.2% |
France | 285 | 79.4 | 0.6 | 59.0 | -40.8% |
Others | 336 | 83.5 | 146 | 222 | -12.9% |
Total | 3,771 | 4,075 | 6,651 | 6,424 | 19.4% |
Top Export Markets for Tennis and Badminton Rackets from Denmark in 2022:
- Sweden (612.6K units)
- Norway (123.5K units)
- Finland (93.6K units)
- Germany (65.4K units)
- Iceland (19.1K units)
- France (8.9K units)
This report provides an in-depth analysis of the market for tennis and badminton rackets in Denmark. 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:
- Denmark
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Denmark
- 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.
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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
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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
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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
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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
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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
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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
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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
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