Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Germany - 2023
Contents:
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Germany (CIF) - 2023
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Germany (FOB) - 2023
- Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Germany
- Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Germany
Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Germany (CIF) - 2023
In December 2023, the average import price for tennis, badminton and similar racquets; whether or not strung amounted to $16.5 per unit, dropping by -49% against the previous month. Over the period under review, the import price showed a pronounced decline. The pace of growth was the most pronounced in June 2023 an increase of 83% against the previous month. The import price peaked at $32.5 per unit in November 2023, and then fell remarkably in the following month.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Belgium ($60.3 per unit), while the price for China ($9.9 per unit) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Belgium (+7.5%), 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 Germany (FOB) - 2023
The average export price for tennis, badminton and similar racquets; whether or not strung stood at $49.3 per unit in December 2023, reducing by -23.5% against the previous month. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 an increase of 95% m-o-m. The export price peaked at $64.5 per unit in November 2023, and then fell dramatically in the following month.
There were significant differences in the average prices for the major external markets. In December 2023, the country with the highest price was Hungary ($194 per unit), while the average price for exports to Poland ($9.7 per unit) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+21.2%), 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 Germany
In 2022, purchases abroad of tennis, badminton and similar racquets; whether or not strung decreased by -19.5% to 2.4M units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 86%. As a result, imports attained the peak of 2.9M units, and then dropped notably in the following year.
In value terms, imports of tennis, badminton and similar racquets; whether or not strung soared to $32M in 2022. Over the period under review, imports, however, 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 Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 11.6 | 6.8 | 9.5 | 11.9 | 0.9% |
| Netherlands | 0.1 | 4.0 | 5.5 | 11.2 | 382.0% |
| France | 0.1 | 1.2 | 1.4 | 2.4 | 188.4% |
| Spain | 0.2 | 0.8 | 2.0 | 2.1 | 119.0% |
| Taiwan (Chinese) | 1.0 | 0.3 | 0.5 | 0.9 | -3.5% |
| Poland | 0.6 | 1.0 | 1.2 | 0.8 | 10.1% |
| Others | 1.4 | 2.2 | 2.0 | 2.5 | 21.3% |
| Total | 15.1 | 16.2 | 22.1 | 31.7 | 28.0% |
Top Suppliers of Tennis, Badminton and Similar Racquets; Whether or Not Strung to Germany in 2022:
- China (1482.0K units)
- Netherlands (485.2K units)
- France (123.4K units)
- Spain (88.1K units)
- Taiwan (Chinese) (35.1K units)
- Poland (34.4K units)
Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Germany
Exports of tennis, badminton and similar racquets; whether or not strung from Germany fell to 751K units in 2022, shrinking by -2.6% on 2021 figures. The total export volume increased at an average annual rate of +8.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 37% against the previous year. As a result, the exports attained the peak of 771K units, and then declined modestly in the following year.
In value terms, exports of tennis, badminton and similar racquets; whether or not strung skyrocketed to $21M in 2022. Overall, exports, however, showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 414 | 492 | 956 | 3,325 | 100.3% |
| Italy | 234 | 398 | 965 | 2,942 | 132.5% |
| France | 712 | 775 | 1,446 | 2,234 | 46.4% |
| Sweden | 910 | 1,694 | 2,160 | 1,972 | 29.4% |
| United Kingdom | 1,077 | 1,167 | 659 | 1,220 | 4.2% |
| Austria | 776 | 748 | 1,170 | 1,118 | 12.9% |
| Netherlands | 599 | 1,036 | 1,222 | 1,099 | 22.4% |
| Poland | 1,160 | 986 | 1,124 | 1,057 | -3.1% |
| Czech Republic | 687 | 567 | 458 | 754 | 3.2% |
| Switzerland | 337 | 451 | 508 | 570 | 19.1% |
| Belgium | 403 | 483 | 432 | 560 | 11.6% |
| Croatia | 26.5 | 60.5 | 45.5 | 278 | 118.9% |
| Hungary | 137 | 114 | 154 | 192 | 11.9% |
| Others | 1,635 | 1,868 | 2,527 | 3,864 | 33.2% |
| Total | 9,106 | 10,840 | 13,827 | 21,184 | 32.5% |
Top Export Markets for Tennis, Badminton and Similar Racquets; Whether or Not Strung from Germany in 2022:
- France (112.2K units)
- Italy (82.9K units)
- Spain (75.5K units)
- Poland (75.4K units)
- Austria (71.8K units)
- Sweden (39.5K units)
- Netherlands (35.3K units)
- United Kingdom (35.3K units)
- Czech Republic (28.7K units)
- Croatia (27.9K units)
- Switzerland (19.9K units)
- Belgium (19.9K units)
- Hungary (17.2K units)
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