Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Ireland - 2023
Contents:
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Ireland (CIF) - 2023
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Ireland (FOB) - 2022
- Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Ireland
- Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Ireland
Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Ireland (CIF) - 2023
The average import price for tennis, badminton and similar racquets; whether or not strung stood at $25.6 per unit in December 2023, with an increase of 2.4% against the previous month. Over the period under review, the import price showed a buoyant expansion. The pace of growth was the most pronounced in August 2023 an increase of 206% month-to-month. The import price peaked at $27.6 per unit in October 2023; however, from November 2023 to December 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was France ($38.2 per unit), while the price for the UK ($8.0 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 Germany (+11.7%), 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 Ireland (FOB) - 2022
The average export price for tennis, badminton and similar racquets; whether or not strung stood at $4.6 per unit in 2022, which is down by -82.9% against the previous year. Overall, the export price showed a deep setback. The growth pace was the most rapid in 2020 when the average export price increased by 303% against the previous year. As a result, the export price reached the peak level of $62 per unit. From 2021 to 2022, the average 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 Australia ($30 per unit), while the average price for exports to the UK ($6.4 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 Australia (+11.8%), 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 Ireland
For the fourth year in a row, Ireland recorded growth in supplies from abroad of tennis, badminton and similar racquets; whether or not strung, which increased by 49% to 163K units in 2022. In general, imports showed significant growth. The growth pace was the most rapid in 2020 when imports increased by 50% against the previous year. Imports peaked 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 skyrocketed to $1.2M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +16.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 460 | 104 | 324 | 509 | 3.4% |
| Germany | 101 | 96.8 | 27.4 | 324 | 47.5% |
| France | 1.2 | 28.2 | 117 | 144 | 393.2% |
| United Kingdom | 195 | 621 | 55.5 | 99.0 | -20.2% |
| Netherlands | 1.1 | 2.8 | 110 | 19.4 | 160.3% |
| Others | 15.0 | 68.0 | 97.4 | 127 | 103.8% |
| Total | 774 | 921 | 732 | 1,222 | 16.4% |
Top Suppliers of Tennis, Badminton and Similar Racquets; Whether or Not Strung to Ireland in 2022:
- China (101.2K units)
- Germany (25.3K units)
- France (16.1K units)
- United Kingdom (10.2K units)
- Netherlands (2.8K units)
Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Ireland
In 2022, approx. 3.2K units of tennis, badminton and similar racquets; whether or not strung were exported from Ireland; rising by 58% compared with the previous year's figure. Overall, exports, however, continue to indicate a perceptible shrinkage. Over the period under review, the exports of hit record highs at 3.7K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of tennis, badminton and similar racquets; whether or not strung shrank dramatically to $26K in 2022. Over the period under review, exports, however, continue to indicate a dramatic slump. The growth pace was the most rapid in 2021 with an increase of 129% against the previous year. Over the period under review, the exports of attained the maximum at $57K 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 Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 36.3 | 12.5 | 0.6 | 17.9 | -21.0% |
| United States | 18.3 | 11.6 | 47.1 | 5.6 | -32.6% |
| Australia | 0.4 | N/A | N/A | 1.8 | 65.1% |
| Others | 2.1 | 0.5 | 8.6 | 0.7 | -30.7% |
| Total | 57.1 | 24.6 | 56.3 | 26.0 | -23.1% |
Top Export Markets for Tennis, Badminton and Similar Racquets; Whether or Not Strung from Ireland in 2022:
- United Kingdom (2802.0 units)
- United States (284.0 units)
- Australia (59.0 units)
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