Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Ghana - 2023
Contents:
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Ghana (CIF) - 2022
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Ghana (FOB) - 2022
- Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Ghana
- Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Ghana
Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Ghana (CIF) - 2022
In 2022, the average import price for tennis, badminton and similar racquets; whether or not strung amounted to $3.9 per unit, declining by -40.1% against the previous year. In general, the import price showed a abrupt decline. The pace of growth appeared the most rapid in 2013 when the average import price decreased by -1.5%. The import price peaked at $11 per unit in 2012; however, from 2013 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 the United States ($15 per unit), while the price for Belgium ($2.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.4%), while the prices for the other major suppliers experienced a decline.
Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Ghana (FOB) - 2022
The average export price for tennis, badminton and similar racquets; whether or not strung stood at $7.3 per unit in 2022, jumping by 45% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($7 per unit), while the average price for exports to France ($2 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+4.4%), while the prices for the other major destinations experienced a decline.
Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Ghana
In 2022, after two years of decline, there was significant decline in supplies from abroad of tennis, badminton and similar racquets; whether or not strung, when their volume decreased by -14.8% to 8.9K units. Over the period under review, imports, however, recorded significant growth. Imports peaked at 10K units in 2021, and then dropped in the following year.
In value terms, imports of tennis, badminton and similar racquets; whether or not strung reduced notably to $42K in 2022. Overall, imports, however, showed a significant increase. Over the period under review, imports of hit record highs at $65K in 2021, and then reduced remarkably in the following year.
| Import of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.5 | N/A | 32.2 | 21.6 | 83.4% |
| Hong Kong SAR | 0.1 | N/A | 5.6 | 4.3 | 250.3% |
| Morocco | 3.1 | N/A | 4.0 | 3.3 | 2.1% |
| Germany | 0.2 | N/A | 7.5 | 2.9 | 143.8% |
| India | 1.3 | N/A | 2.5 | 2.0 | 15.4% |
| Netherlands | 0.5 | N/A | 0.3 | 1.7 | 50.4% |
| United Arab Emirates | 0.3 | N/A | 0.9 | 1.4 | 67.1% |
| South Africa | 2.0 | N/A | 1.0 | 0.1 | -63.2% |
| Others | 8.0 | N/A | 11.0 | 4.6 | -16.8% |
| Total | 19.0 | N/A | 65.0 | 41.9 | 30.2% |
Top Suppliers of Tennis, Badminton and Similar Racquets; Whether or Not Strung to Ghana in 2022:
- China (5631.0 units)
- Hong Kong SAR (831.0 units)
- Morocco (629.0 units)
- India (568.0 units)
- Netherlands (300.0 units)
- United Arab Emirates (233.0 units)
- Germany (220.0 units)
- South Africa (12.0 units)
Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Ghana
Exports of tennis, badminton and similar racquets; whether or not strung from Ghana skyrocketed to 3 units in 2022, picking up by 50% compared with 2021. Overall, exports, however, showed a sharp slump. Over the period under review, the exports of attained the peak figure at 17 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of tennis, badminton and similar racquets; whether or not strung skyrocketed to $14 in 2022. Over the period under review, exports, however, recorded a precipitous curtailment. Over the period under review, the exports of reached the maximum at $76 in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Ghana (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 15.0 | N/A | 4.0 | 7.0 | -22.4% |
| Kenya | N/A | N/A | N/A | 5.0 | 0% |
| France | N/A | N/A | N/A | 2.0 | 0% |
| United States | N/A | N/A | 1.0 | N/A | 0% |
| Japan | 24.0 | N/A | N/A | N/A | 0% |
| Tanzania | 37.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 76.0 | N/A | 5.0 | 14.0 | -43.1% |
Top Export Markets for Tennis, Badminton and Similar Racquets; Whether or Not Strung from Ghana in 2022:
- Belgium (1.0 units)
- Kenya (1.0 units)
- France (1.0 units)
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