Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Belgium - 2023
Contents:
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Belgium (CIF) - 2022
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Belgium (FOB) - 2022
- Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Belgium
- Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Belgium
Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Belgium (CIF) - 2022
In 2022, the average import price for tennis, badminton and similar racquets; whether or not strung amounted to $11 per unit, approximately mirroring the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average import price increased by 25% against the previous year. Over the period under review, average import prices attained the maximum at $12 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
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 Pakistan ($22 per unit), while the price for the Netherlands ($3.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Belgium (FOB) - 2022
In 2022, the average export price for tennis, badminton and similar racquets; whether or not strung amounted to $10 per unit, with a decrease of -3.4% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 45%. As a result, the export price reached the peak level of $23 per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($14 per unit), while the average price for exports to Luxembourg ($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 Poland (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Belgium
In 2022, the amount of tennis, badminton and similar racquets; whether or not strung imported into Belgium surged to 1.4M units, with an increase of 22% compared with the previous year. Overall, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 192% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of tennis, badminton and similar racquets; whether or not strung soared to $14M in 2022. In general, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 186%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.2 | 5.5 | 6.1 | 8.9 | 95.0% |
| France | 0.3 | 1.3 | 2.5 | 2.3 | 97.2% |
| Spain | 0.4 | 0.5 | 1.7 | 0.8 | 26.0% |
| Pakistan | 0.1 | 0.2 | 1.1 | 0.7 | 91.3% |
| Taiwan (Chinese) | 0.1 | 0.1 | 0.1 | 0.4 | 58.7% |
| Germany | 0.4 | 0.4 | 0.4 | 0.3 | -9.1% |
| Netherlands | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| Others | 0.3 | 0.4 | 0.3 | 0.5 | 18.6% |
| Total | 3.0 | 8.5 | 12.3 | 14.1 | 67.5% |
Top Suppliers of Tennis, Badminton and Similar Racquets; Whether or Not Strung to Belgium in 2022:
- China (964.4K units)
- France (142.0K units)
- Spain (89.0K units)
- Netherlands (69.2K units)
- Germany (55.1K units)
- Pakistan (30.8K units)
- Taiwan (Chinese) (30.3K units)
Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Belgium
In 2022, the amount of tennis, badminton and similar racquets; whether or not strung exported from Belgium soared to 941K units, jumping by 24% against the previous year. Over the period under review, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 1,761% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of tennis, badminton and similar racquets; whether or not strung rose markedly to $9M in 2022. In general, exports recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 1,360% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 43.5 | 2,487 | 4,045 | 6,188 | 422.0% |
| Netherlands | 263 | 549 | 936 | 852 | 48.0% |
| Germany | 14.7 | 644 | 534 | 507 | 225.5% |
| Poland | 3.4 | 504 | 487 | 460 | 413.4% |
| Romania | N/A | 107 | 93.8 | 234 | 47.9% |
| Spain | 3.7 | 731 | 563 | 153 | 245.8% |
| United Kingdom | 24.9 | 328 | 279 | 88.1 | 52.4% |
| Italy | N/A | 164 | 215 | 87.5 | -27.0% |
| Others | 66.9 | 616 | 1,209 | 446 | 88.2% |
| Total | 420 | 6,130 | 8,361 | 9,015 | 177.9% |
Top Export Markets for Tennis, Badminton and Similar Racquets; Whether or Not Strung from Belgium in 2022:
- France (693.8K units)
- Netherlands (70.8K units)
- Germany (51.7K units)
- Poland (33.2K units)
- Romania (17.8K units)
- Spain (11.1K units)
- United Kingdom (9.7K units)
- Italy (6.9K units)
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