Dominican Republic - Tennis, Badminton Or Similar Rackets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Tennis and Badminton Rackets in the Dominican Republic - 2023
Contents:
- Price for Tennis and Badminton Rackets in the Dominican Republic (CIF) - 2022
- Price for Tennis and Badminton Rackets in the Dominican Republic (FOB) - 2022
- Imports of Tennis and Badminton Rackets in the Dominican Republic
- Exports of Tennis and Badminton Rackets in the Dominican Republic
Price for Tennis and Badminton Rackets in the Dominican Republic (CIF) - 2022
The average tennis and badminton rackets import price stood at $12 per unit in 2022, dropping by -20.4% against the previous year. Over the period under review, the import price recorded a pronounced setback. The pace of growth appeared the most rapid in 2016 when the average import price increased by 32%. Over the period under review, average import prices hit record highs at $23 per unit in 2017; however, from 2018 to 2022, import prices remained at a 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 Spain ($62 per unit), while the price for Indonesia ($3.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+9.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tennis and Badminton Rackets in the Dominican Republic (FOB) - 2022
The average tennis and badminton rackets export price stood at $14 per unit in 2022, rising by 2.4% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 47% against the previous year. The export price peaked at $24 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for France.
From 2012 to 2022, the rate of growth in terms of prices for France amounted to +340.1% per year.
Imports of Tennis and Badminton Rackets in the Dominican Republic
In 2022, tennis and badminton rackets imports into the Dominican Republic skyrocketed to 15K units, increasing by 132% compared with 2021. In general, imports saw a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, tennis and badminton rackets imports skyrocketed to $180K in 2022. Overall, imports showed a resilient 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 the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 101 | 35.0 | 78.7 | 129 | 8.5% |
| United States | 20.9 | 13.2 | 7.2 | 15.3 | -9.9% |
| Indonesia | 2.6 | 0.7 | 2.9 | 7.1 | 39.8% |
| Mexico | N/A | 1.4 | 0.1 | 6.2 | 110.4% |
| Vietnam | 7.8 | N/A | N/A | N/A | 0% |
| Others | 18.8 | 11.1 | 8.4 | 22.5 | 6.2% |
| Total | 151 | 61.4 | 97.3 | 180 | 6.0% |
Top Suppliers of Tennis and Badminton Rackets to the Dominican Republic in 2022:
- China (10.7K units)
- Indonesia (1.9K units)
- United States (1.7K units)
- Mexico (0.4K units)
Exports of Tennis and Badminton Rackets in the Dominican Republic
In 2022, shipments abroad of tennis, badminton or similar rackets decreased by -21.9% to 50 units, falling for the second year in a row after two years of growth. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 2,233% against the previous year. As a result, the exports attained the peak of 140 units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, tennis and badminton rackets exports fell markedly to $721 in 2022. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,663% against the previous year. As a result, the exports attained the peak of $2.7K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Tennis and Badminton Rackets in the Dominican Republic (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | N/A | N/A | 217 | 120 | -44.7% |
| Chile | N/A | 666 | N/A | N/A | 0% |
| Guatemala | N/A | N/A | 298 | N/A | 0% |
| United States | N/A | 1,874 | N/A | N/A | 0% |
| Costa Rica | 8.0 | 7.0 | 173 | N/A | 365.0% |
| Panama | N/A | 133 | N/A | N/A | 0% |
| Belize | 140 | N/A | N/A | N/A | 0% |
| Others | 4.0 | N/A | 218 | 601 | 431.6% |
| Total | 152 | 2,680 | 906 | 721 | 68.0% |
Top Export Markets for Tennis and Badminton Rackets from the Dominican Republic in 2022:
- France (2.0 units)
This report provides an in-depth analysis of the market for tennis and badminton rackets in the Dominican Republic. 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:
- Dominican Republic
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Dominican Republic
- 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
-
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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