Turkey - Tennis, Badminton Or Similar Rackets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Tennis and Badminton Rackets in Turkey - 2023
Contents:
- Price for Tennis and Badminton Rackets in Turkey (CIF) - 2023
- Price for Tennis and Badminton Rackets in Turkey (FOB) - 2022
- Imports of Tennis and Badminton Rackets in Turkey
- Exports of Tennis and Badminton Rackets in Turkey
Price for Tennis and Badminton Rackets in Turkey (CIF) - 2023
The average tennis and badminton rackets import price stood at $23.1 per unit in July 2023, surging by 4.7% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $24.3 per unit in November 2022; however, from December 2022 to July 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was Myanmar ($25.3 per unit), while the price for Taiwan (Chinese) ($20.9 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 Myanmar (+1.8%), while the prices for the other major suppliers experienced a decline.
Price for Tennis and Badminton Rackets in Turkey (FOB) - 2022
In 2022, the average tennis and badminton rackets export price amounted to $15 per unit, increasing by 42% against the previous year. Over the period under review, the export price saw a modest expansion. The pace of growth was the most pronounced in 2020 when the average export price increased by 58% against the previous year. As a result, the export price attained the peak level of $28 per unit. From 2021 to 2022, the average 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 Greece ($29 per unit), while the average price for exports to Malta ($6.6 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 Bosnia and Herzegovina (+13.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tennis and Badminton Rackets in Turkey
In 2022, purchases abroad of tennis, badminton or similar rackets was finally on the rise to reach 168K units after two years of decline. In general, imports continue to indicate a prominent 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 surged to $4M in 2022. Overall, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Tennis and Badminton Rackets in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.0 | 1.8 | 2.2 | 3.7 | 22.8% |
| Myanmar | N/A | N/A | N/A | 0.1 | 0% |
| Others | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Total | 2.1 | 1.9 | 2.4 | 4.0 | 24.0% |
Top Suppliers of Tennis and Badminton Rackets to Turkey in 2022:
- China (156.4K units)
- Myanmar (3.6K units)
Exports of Tennis and Badminton Rackets in Turkey
After three years of growth, overseas shipments of tennis, badminton or similar rackets decreased by -86.5% to 2.4K units in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 330%. As a result, the exports attained the peak of 17K units, and then dropped markedly in the following year.
In value terms, tennis and badminton rackets exports dropped rapidly to $35K in 2022. Overall, exports, however, posted significant growth. The growth pace was the most rapid in 2020 when exports increased by 502% against the previous year. Over the period under review, the exports attained the peak figure at $181K in 2021, and then shrank dramatically in the following year.
| Export of Tennis and Badminton Rackets in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cyprus | 1.9 | 6.8 | 3.2 | 15.4 | 100.9% |
| Somalia | 0.3 | 0.2 | N/A | 4.4 | 144.8% |
| Greece | N/A | 2.4 | 0.7 | 3.9 | 27.5% |
| Iraq | 3.3 | 15.9 | 1.6 | 1.5 | -23.1% |
| Bosnia and Herzegovina | N/A | N/A | 0.3 | 0.8 | 166.7% |
| Azerbaijan | 0.6 | 0.9 | 1.1 | 0.7 | 5.3% |
| Kyrgyzstan | N/A | 0.1 | 0.1 | 0.5 | 123.6% |
| Libya | 0.9 | 0.5 | 2.9 | 0.5 | -17.8% |
| Liberia | 0.3 | 2.4 | 1.2 | 0.4 | 10.1% |
| Malta | N/A | N/A | N/A | 0.4 | 0% |
| Marshall Islands | N/A | N/A | N/A | 0.4 | 0% |
| Serbia | N/A | N/A | 107 | N/A | 0% |
| Montenegro | N/A | 25.8 | 0.4 | N/A | -98.4% |
| Others | 11.8 | 60.2 | 62.3 | 5.7 | -21.5% |
| Total | 19.2 | 115 | 181 | 34.7 | 21.8% |
Top Export Markets for Tennis and Badminton Rackets from Turkey in 2022:
- Cyprus (666.0 units)
- Somalia (565.0 units)
- Iraq (224.0 units)
- Greece (134.0 units)
- Bosnia and Herzegovina (100.0 units)
- Kyrgyzstan (76.0 units)
- Malta (67.0 units)
- Marshall Islands (63.0 units)
- Liberia (60.0 units)
- Azerbaijan (41.0 units)
- Libya (39.0 units)
This report provides an in-depth analysis of the market for tennis and badminton rackets in Turkey. 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:
- Turkey
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Turkey
- 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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