Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Costa Rica - 2022

Contents:

  1. Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Costa Rica (CIF) - 2022
  2. Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Costa Rica (FOB) - 2022
  3. Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Costa Rica
  4. Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Costa Rica

Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Costa Rica (CIF) - 2022

The average import price for tennis, badminton and similar racquets; whether or not strung stood at $10 per unit in 2022, declining by -34.3% against the previous year. In general, the import price, however, continues to indicate a tangible increase. The pace of growth appeared the most rapid in 2015 an increase of 158%. The import price peaked at $15 per unit in 2021, and then reduced sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Panama ($180 per unit), while the price for Germany ($8.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+50.1%), 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 Costa Rica (FOB) - 2022

The average export price for tennis, badminton and similar racquets; whether or not strung stood at $9.8 per unit in 2022, waning by -21.5% against the previous year. Over the period under review, the export price recorded a perceptible reduction. The most prominent rate of growth was recorded in 2013 an increase of 174%. The export price peaked at $71 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was El Salvador ($32 per unit), while the average price for exports to Guatemala ($2.2 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 the United States (+46.3%), 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 Costa Rica

In 2022, the amount of tennis, badminton and similar racquets; whether or not strung imported into Costa Rica soared to 6.8K units, picking up by 84% on the year before. In general, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of tennis, badminton and similar racquets; whether or not strung skyrocketed to $82K in 2022. Over the period under review, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China11.323.814.534.745.4%
United States15.412.722.722.313.1%
Germany0.92.41.44.773.5%
Thailand1.42.62.43.738.3%
Malaysia0.71.31.43.571.0%
Taiwan (Chinese)0.30.51.43.1117.8%
France5.41.71.62.4-23.7%
Others1.46.55.37.373.4%
Total36.851.550.781.730.5%

Top Suppliers of Tennis, Badminton and Similar Racquets; Whether or Not Strung to Costa Rica in 2022:

  1. China (4182.0 units)
  2. United States (1105.0 units)
  3. Germany (578.0 units)
  4. Malaysia (241.0 units)
  5. Thailand (183.0 units)
  6. Taiwan (Chinese) (155.0 units)
  7. France (118.0 units)

Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Costa Rica

In 2022, exports of tennis, badminton and similar racquets; whether or not strung from Costa Rica rose sharply to 105 units, increasing by 6.1% against 2021 figures. The total export volume increased at an average annual rate of +5.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of tennis, badminton and similar racquets; whether or not strung reduced notably to $1.1K in 2022. Over the period under review, exports, however, showed a abrupt slump. The smallest decline of -15.3% was in 2021. Over the period under review, the exports of reached the peak figure at $1.8K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Costa Rica (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Panama14.07.0426532236.2%
El Salvador190289179126-12.8%
Mexico8.025.033.0106136.6%
PolandN/AN/AN/A1060%
PhilippinesN/AN/AN/A53.00%
Peru152N/AN/A43.0-34.4%
ItalyN/AN/A21.013.0-38.1%
Colombia18616157.013.0-58.8%
Guatemala91.033.018.011.0-50.6%
Nicaragua53487.021211.0-72.6%
SpainN/AN/A85.0N/A0%
ChileN/A363N/AN/A0%
Argentina203N/A53.0N/A-48.9%
Others37652017450.0-49.0%
Total1,7541,4851,2581,064-15.3%

Top Export Markets for Tennis, Badminton and Similar Racquets; Whether or Not Strung from Costa Rica in 2022:

  1. Panama (55.0 units)
  2. Mexico (11.0 units)
  3. Poland (11.0 units)
  4. Philippines (6.0 units)
  5. Guatemala (5.0 units)
  6. El Salvador (4.0 units)
  7. Peru (4.0 units)
  8. Italy (2.0 units)
  9. Colombia (1.0 units)
  10. Nicaragua (1.0 units)

Source: IndexBox Market Intelligence Platform

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