Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Russia - 2022
Contents:
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Russia (CIF) - 2022
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Russia (FOB) - 2022
- Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Russia
- Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Russia
Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Russia (CIF) - 2022
In 2022, the average import price for tennis, badminton and similar racquets; whether or not strung amounted to $1.8 per unit, picking up by 38% against the previous year. Overall, the import price, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2015 an increase of 739%. Over the period under review, average import prices hit record highs at $12 per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -5.2% per year.
Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Russia (FOB) - 2022
In 2022, the average export price for tennis, badminton and similar racquets; whether or not strung amounted to $17 per unit, rising by 63% against the previous year. Overall, the export price saw prominent growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 156% against the previous year. The export price peaked in 2022 and is expected to retain 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 Kazakhstan ($19 per unit), while the average price for exports to Kyrgyzstan ($2.8 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 Kazakhstan (+8.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Russia
In 2022, the amount of tennis, badminton and similar racquets; whether or not strung imported into Russia shrank sharply to 2M units, dropping by -44.4% compared with the previous year's figure. In general, imports recorded a perceptible downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 56%. As a result, imports attained the peak of 3.7M units, and then fell rapidly in the following year.
In value terms, imports of tennis, badminton and similar racquets; whether or not strung declined significantly to $3.7M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +9.7% 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 +32.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 51%. As a result, imports reached the peak of $4.9M, and then contracted sharply in the following year.
| Import of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.6 | 3.0 | 4.5 | 3.5 | 10.4% |
| Others | 0.2 | 0.2 | 0.3 | 0.2 | 0.0% |
| Total | 2.8 | 3.2 | 4.9 | 3.7 | 9.7% |
Top Suppliers of Tennis, Badminton and Similar Racquets; Whether or Not Strung to Russia in 2022:
- China (2.0M units)
Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Russia
Exports of tennis, badminton and similar racquets; whether or not strung from Russia shrank markedly to 5.6K units in 2022, which is down by -62.9% against 2021. Over the period under review, exports faced a dramatic decline. The smallest decline of -11.1% was in 2021. The exports peaked at 33K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of tennis, badminton and similar racquets; whether or not strung shrank significantly to $96K in 2022. Overall, exports showed a mild setback. The most prominent rate of growth was recorded in 2021 with an increase of 75%. As a result, the exports attained the peak of $158K, and then contracted dramatically in the following year.
| Export of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 27.7 | 36.3 | 102 | 91.4 | 48.9% |
| Kyrgyzstan | 0.5 | N/A | 3.1 | 1.8 | 53.3% |
| Armenia | 4.4 | 1.2 | 0.2 | 1.4 | -31.7% |
| Belarus | 67.8 | 53.1 | 44.7 | N/A | -18.8% |
| Others | 0.6 | N/A | 8.1 | 1.5 | 35.7% |
| Total | 101 | 90.7 | 158 | 96.1 | -1.6% |
Top Export Markets for Tennis, Badminton and Similar Racquets; Whether or Not Strung from Russia in 2022:
- Kazakhstan (4.7K units)
- Kyrgyzstan (0.6K units)
- Armenia (0.1K units)
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