Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Nepal - 2022
Contents:
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Nepal (CIF) - 2022
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Nepal (FOB) - 2022
- Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Nepal
- Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Nepal
Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Nepal (CIF) - 2022
The average import price for tennis, badminton and similar racquets; whether or not strung stood at $2.2 per unit in 2022, reducing by -42.9% against the previous year. In general, the import price saw a abrupt downturn. The most prominent rate of growth was recorded in 2015 when the average import price increased by 120% against the previous year. As a result, import price reached the peak level of $13 per unit. From 2016 to 2022, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($2.2 per unit), while the price for India ($1.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-4.1%), while the prices for the other major suppliers experienced a decline.
Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Nepal (FOB) - 2022
In 2021, the average export price for tennis, badminton and similar racquets; whether or not strung amounted to $122 per unit, picking up by 89% against the previous year. Over the period under review, the export price enjoyed a significant expansion. The growth pace was the most rapid in 2013 an increase of 166% against the previous year. The export price peaked in 2021 and is likely to continue growth in the near future.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2021, the rate of growth in terms of prices for Bhutan amounted to 0.0% per year.
Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Nepal
In 2022, supplies from abroad of tennis, badminton and similar racquets; whether or not strung decreased by -25% to 91K units, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a pronounced contraction. The growth pace was the most rapid in 2020 with an increase of 163% against the previous year. As a result, imports attained the peak of 258K units. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of tennis, badminton and similar racquets; whether or not strung shrank markedly to $202K in 2022. Over the period under review, imports showed a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 112% against the previous year. As a result, imports reached the peak of $738K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 69.2 | 186 | 181 | 82.7 | 6.1% |
| China | 223 | 455 | 193 | 78.5 | -29.4% |
| India | 37.1 | 50.1 | 34.0 | 15.2 | -25.7% |
| Others | 18.0 | 47.4 | 61.8 | 25.5 | 12.3% |
| Total | 348 | 738 | 471 | 202 | -16.6% |
Top Suppliers of Tennis, Badminton and Similar Racquets; Whether or Not Strung to Nepal in 2022:
- Japan (44.3K units)
- China (35.1K units)
- India (9.6K units)
Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Nepal
In 2021, the amount of tennis, badminton and similar racquets; whether or not strung exported from Nepal was estimated at 3 units, remaining constant against 2020. Overall, exports recorded a significant decline. The smallest decline of 99.9% was in 2020. The exports peaked at 23 units in 2019; however, from 2020 to 2021, the exports remained at a lower figure.
In value terms, exports of tennis, badminton and similar racquets; whether or not strung amounted to $366 in 2021. In general, exports saw a sharp slump. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of hit record highs at $810 in 2019; however, from 2020 to 2021, the exports remained at a lower figure.
| Export of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Nepal (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| United Arab Emirates | N/A | N/A | 366 | 0% | |
| Thailand | 810 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 810 | N/A | 366 | -32.8% | |
Top Export Markets for Tennis, Badminton and Similar Racquets; Whether or Not Strung from Nepal in 2022:
- United Arab Emirates (3.0 units)
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