Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Indonesia - 2022
Contents:
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Indonesia (CIF) - 2022
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Indonesia (FOB) - 2022
- Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Indonesia
- Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Indonesia
Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Indonesia (CIF) - 2022
In 2022, the average import price for tennis, badminton and similar racquets; whether or not strung amounted to $5.2 per unit, growing by 40% against the previous year. In general, the import price, however, showed a pronounced decline. The growth pace was the most rapid in 2018 when the average import price increased by 66% against the previous year. Over the period under review, average import prices attained the peak figure at $12 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
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 Singapore ($27 per unit), while the price for China stood at $3.9 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+14.1%).
Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Indonesia (FOB) - 2022
In 2022, the average export price for tennis, badminton and similar racquets; whether or not strung amounted to $6 per unit, which is down by -47.3% against the previous year. Overall, the export price saw a noticeable decline. The growth pace was the most rapid in 2015 an increase of 189%. The export price peaked at $17 per unit in 2020; however, from 2021 to 2022, the 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 Vietnam ($37 per unit), while the average price for exports to Thailand ($3 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 Chile (+36.1%), 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 Indonesia
In 2022, the amount of tennis, badminton and similar racquets; whether or not strung imported into Indonesia skyrocketed to 3.8M units, rising by 16% against 2021. Over the period under review, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 89%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, imports of tennis, badminton and similar racquets; whether or not strung surged to $20M 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, Badminton and Similar Racquets; Whether or Not Strung in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.2 | 6.2 | 9.9 | 13.7 | 38.1% |
| Singapore | 1.1 | 1.0 | 1.3 | 4.7 | 62.3% |
| Others | 1.5 | 0.9 | 0.9 | 1.2 | -7.2% |
| Total | 7.8 | 8.1 | 12.1 | 19.6 | 36.0% |
Top Suppliers of Tennis, Badminton and Similar Racquets; Whether or Not Strung to Indonesia in 2022:
- China (3.5M units)
- Singapore (0.2M units)
Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Indonesia
Exports of tennis, badminton and similar racquets; whether or not strung from Indonesia declined remarkably to 64K units in 2022, shrinking by -77.4% against the year before. In general, exports showed a pronounced contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 465%. As a result, the exports attained the peak of 285K units, and then declined remarkably in the following year.
In value terms, exports of tennis, badminton and similar racquets; whether or not strung reduced dramatically to $434K in 2022. Over the period under review, exports faced a sharp downturn. The pace of growth appeared the most rapid in 2021 with an increase of 526%. As a result, the exports attained the peak of $4.1M, and then reduced sharply in the following year.
| Export of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 330 | 170 | 233 | 117 | -29.2% |
| Brazil | 70.5 | 44.8 | 88.8 | 75.4 | 2.3% |
| Canada | 125 | 36.8 | 102 | 47.0 | -27.8% |
| Vietnam | 20.8 | N/A | 46.4 | 35.7 | 19.7% |
| Singapore | 7.3 | 43.3 | 23.5 | 27.7 | 56.0% |
| Malaysia | 23.3 | 52.3 | 55.4 | 24.5 | 1.7% |
| Chile | N/A | 25.2 | 1.3 | 11.1 | -33.6% |
| Brunei Darussalam | N/A | 1.0 | 3,377 | 1.1 | 4.9% |
| Hong Kong SAR | N/A | 257 | 88.9 | N/A | -65.4% |
| United States | 236 | N/A | N/A | N/A | 0% |
| Others | 82.6 | 20.9 | 57.4 | 94.5 | 4.6% |
| Total | 895 | 651 | 4,073 | 434 | -21.4% |
Top Export Markets for Tennis, Badminton and Similar Racquets; Whether or Not Strung from Indonesia in 2022:
- Thailand (39.4K units)
- Brazil (11.5K units)
- Canada (4.7K units)
- Chile (1.3K units)
- Singapore (1.2K units)
- Malaysia (1.2K units)
- Vietnam (1.0K units)
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