Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Serbia - 2024
Contents:
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Serbia (CIF) - 2022
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Serbia (FOB) - 2022
- Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Serbia
- Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Serbia
Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Serbia (CIF) - 2022
In 2022, the average import price for tennis, badminton and similar racquets; whether or not strung amounted to $17 per unit, growing by 19% against the previous year. Over the period under review, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tennis, badminton and similar racquets; whether or not strung increased by +86.7% against 2018 indices. The pace of growth appeared the most rapid in 2019 an increase of 31%. The import price peaked in 2022 and is likely to see steady growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Spain ($17 per unit) and China ($17 per unit), while the price for Hong Kong SAR ($17 per unit) and Germany ($17 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+7.4%), 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 Serbia (FOB) - 2022
The average export price for tennis, badminton and similar racquets; whether or not strung stood at $6.6 per unit in 2022, declining by -57.2% against the previous year. Overall, the export price continues to indicate a pronounced contraction. The growth pace was the most rapid in 2017 an increase of 216%. The export price peaked at $24 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($6.6 per unit), while the average price for exports to Montenegro totaled $6.6 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (+9.8%), 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 Serbia
For the fourth year in a row, Serbia recorded growth in purchases abroad of tennis, badminton and similar racquets; whether or not strung, which increased by 30% to 35K units in 2022. Overall, imports enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 80%. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, imports of tennis, badminton and similar racquets; whether or not strung skyrocketed to $603K in 2022. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 97% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 115 | 188 | 366 | 548 | 68.3% |
| Hong Kong SAR | 0.1 | N/A | 5.2 | 19.7 | 481.9% |
| Spain | N/A | N/A | 0.6 | 10.3 | 1616.7% |
| Germany | 1.0 | 4.0 | 3.5 | 9.9 | 114.7% |
| Others | 13.3 | 6.2 | 14.4 | 15.5 | 5.2% |
| Total | 130 | 198 | 390 | 603 | 66.8% |
Top Suppliers of Tennis, Badminton and Similar Racquets; Whether or Not Strung to Serbia in 2022:
- China (31.5K units)
- Hong Kong SAR (1.1K units)
- Germany (0.6K units)
- Spain (0.6K units)
Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Serbia
In 2022, the amount of tennis, badminton and similar racquets; whether or not strung exported from Serbia fell markedly to 436 units, which is down by -16.5% on the previous year. Overall, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 885% against the previous year. As a result, the exports reached the peak of 522 units, and then dropped markedly in the following year.
In value terms, exports of tennis, badminton and similar racquets; whether or not strung shrank sharply to $2.9K in 2022. Over the period under review, exports, however, posted a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 371% against the previous year. As a result, the exports attained the peak of $6K, and then shrank sharply in the following year.
| Export of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Serbia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Montenegro | 1,054 | 796 | 217 | 1,882 | 21.3% |
| Bosnia and Herzegovina | 907 | N/A | 1,970 | 1,010 | 3.7% |
| Bulgaria | N/A | N/A | 811 | N/A | 0% |
| Hungary | N/A | N/A | 536 | N/A | 0% |
| United States | N/A | N/A | 500 | N/A | 0% |
| North Macedonia | 151 | 458 | 43.0 | N/A | -46.6% |
| United Arab Emirates | N/A | N/A | 1,805 | N/A | 0% |
| Others | 11.0 | 11.0 | 76.0 | N/A | 162.9% |
| Total | 2,123 | 1,265 | 5,958 | 2,892 | 10.9% |
Top Export Markets for Tennis, Badminton and Similar Racquets; Whether or Not Strung from Serbia in 2022:
- Montenegro (284.0 units)
- Bosnia and Herzegovina (152.0 units)
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