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

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

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Price for Tennis and Badminton Rackets in Slovakia - 2023

Contents:

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

Price for Tennis and Badminton Rackets in Slovakia (CIF) - 2022

The average tennis and badminton rackets import price stood at $15 per unit in 2022, picking up by 26% against the previous year. Overall, the import price, however, continues to indicate a abrupt curtailment. Over the period under review, average import prices reached the peak figure at $32 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($21 per unit), while the price for the Netherlands ($5.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average tennis and badminton rackets export price amounted to $11 per unit, with an increase of 41% against the previous year. Overall, the export price, however, continues to indicate a perceptible downturn. Over the period under review, the average export prices reached the maximum at $21 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($23 per unit), while the average price for exports to Italy ($6.7 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 Austria (+8.9%), while the prices for the other major destinations experienced a decline.

Imports of Tennis and Badminton Rackets in Slovakia

After three years of growth, supplies from abroad of tennis, badminton or similar rackets decreased by -47.7% to 91K units in 2022. Overall, imports, however, posted resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 73% against the previous year. As a result, imports attained the peak of 174K units, and then declined sharply in the following year.

In value terms, tennis and badminton rackets imports declined significantly to $1.3M in 2022. In general, total imports indicated a notable expansion from 2019 to 2022: its value increased at an average annual rate of +3.0% 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 +9.3% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 59%. As a result, imports attained the peak of $2M, and then contracted notably in the following year.

Import of Tennis and Badminton Rackets in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China55052379889817.8%
Italy9.09.219.4130143.5%
Netherlands5.410.226.453.9115.3%
Taiwan (Chinese)19.03.22.832.319.3%
Poland17.46.316.532.022.5%
Vietnam29.711.025.927.2-2.9%
Germany16528922725.1-46.6%
Austria12613885.322.6-43.6%
Japan17514228116.0-55.0%
Denmark61.135.40.2N/A-94.3%
Others64.510754699.815.7%
Total1,2231,2732,0271,3373.0%

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

  1. Denmark (undefinedK units)
  2. China (43.8K units)
  3. Italy (23.8K units)
  4. Netherlands (10.4K units)
  5. Taiwan (Chinese) (1.8K units)
  6. Poland (1.8K units)
  7. Vietnam (1.6K units)
  8. Germany (1.4K units)
  9. Austria (1.0K units)
  10. Japan (0.9K units)

Exports of Tennis and Badminton Rackets in Slovakia

After three years of growth, shipments abroad of tennis, badminton or similar rackets decreased by -35.3% to 28K units in 2022. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 73%. Over the period under review, the exports reached the maximum at 44K units in 2021, and then shrank significantly in the following year.

In value terms, tennis and badminton rackets exports reduced to $302K in 2022. The total export value increased at an average annual rate of +4.0% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 11% against the previous year. The exports peaked at $332K in 2021, and then shrank in the following year.

Export of Tennis and Badminton Rackets in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria28.430.324.710856.1%
Hungary46.544.488.685.522.5%
Czech Republic10364.675.164.8-14.3%
Poland62.398.066.523.5-27.7%
Germany13.340.831.16.4-21.6%
Italy1.84.212.03.626.0%
Romania1.43.611.33.028.9%
Croatia5.67.37.22.2-26.8%
Others6.65.715.35.2-7.6%
Total2692993323023.9%

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

  1. Hungary (10.5K units)
  2. Czech Republic (7.3K units)
  3. Austria (4.8K units)
  4. Poland (3.1K units)
  5. Germany (0.8K units)
  6. Italy (0.5K units)
  7. Romania (0.4K units)
  8. Croatia (0.3K units)

Source: IndexBox Market Intelligence Platform

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

  • Slovakia

Data coverage:

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