Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Luxembourg - 2023

Contents:

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

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

The average import price for tennis, badminton and similar racquets; whether or not strung stood at $11 per unit in 2022, growing by 62% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $13 per unit in 2019; however, from 2020 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 Denmark ($19 per unit), while the price for Spain ($4.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.6%), 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 Luxembourg (FOB) - 2022

In 2022, the average export price for tennis, badminton and similar racquets; whether or not strung amounted to $6.9 per unit, surging by 49% against the previous year. In general, the export price, however, saw a perceptible decline. The most prominent rate of growth was recorded in 2017 when the average export price increased by 266%. The export price peaked at $31 per unit in 2018; however, from 2019 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 France ($38 per unit), while the average price for exports to Belgium ($4.5 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 UK (+24.6%), 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 Luxembourg

In 2022, imports of tennis, badminton and similar racquets; whether or not strung into Luxembourg soared to 8.3K units, surging by 43% compared with the previous year's figure. In general, imports recorded significant growth. As a result, imports reached 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 surged to $100K in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +23.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +86.5% against 2019 indices. 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 Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium7.014.032.240.379.2%
China7.00.3N/A29.761.9%
Germany6.914.911.010.314.3%
France7.45.56.25.4-10.0%
Netherlands4.37.68.24.40.8%
DenmarkN/AN/AN/A3.90%
Poland3.49.15.12.0-16.2%
SpainN/A0.81.50.7-6.5%
Switzerland12.4N/AN/AN/A0%
Others4.99.83.62.8-17.0%
Total53.461.967.999.523.1%

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

  1. Belgium (3138.0 units)
  2. China (2470.0 units)
  3. France (830.0 units)
  4. Germany (593.0 units)
  5. Netherlands (554.0 units)
  6. Denmark (203.0 units)
  7. Spain (144.0 units)
  8. Poland (111.0 units)

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

Exports of tennis, badminton and similar racquets; whether or not strung from Luxembourg soared to 165 units in 2022, growing by 237% compared with the year before. Overall, exports, however, showed a precipitous curtailment. The exports peaked at 1.4K 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 surged to $1.1K in 2022. In general, exports, however, recorded a precipitous setback. The exports peaked at $23K 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 Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands10.9N/AN/A0.5-64.2%
FranceN/A0.3N/A0.2-18.4%
Belgium1.7N/A0.30.2-51.0%
Denmark7.8N/AN/AN/A0%
Italy2.9N/AN/AN/A0%
OthersN/AN/A0.20.1-50.0%
Total23.30.30.41.1-63.9%

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

  1. Netherlands (99.0 units)
  2. Belgium (54.0 units)
  3. France (5.0 units)
  4. Italy (2.0 units)

Source: IndexBox Market Intelligence Platform

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