Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Switzerland - 2024
Contents:
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Switzerland (CIF) - 2024
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Switzerland (FOB) - 2022
- Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Switzerland
- Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Switzerland
Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Switzerland (CIF) - 2024
The average import price for tennis, badminton and similar racquets; whether or not strung stood at $18.9 per unit in January 2024, reducing by -22.1% against the previous month. Over the period under review, the import price, however, saw a modest expansion. The pace of growth appeared the most rapid in July 2023 when the average import price increased by 46% m-o-m. The import price peaked at $34.0 per unit in October 2023; however, from November 2023 to January 2024, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Pakistan ($58.3 per unit), while the price for China ($7.6 per unit) was amongst the lowest.
From March 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Pakistan (+3.3%), 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 Switzerland (FOB) - 2022
The average export price for tennis, badminton and similar racquets; whether or not strung stood at $37 per unit in 2022, increasing by 16% against the previous year. Overall, the export price saw a mild increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by 810%. Over the period under review, the average export prices reached the peak figure at $394 per unit in 2018; however, from 2019 to 2022, the 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 the UK ($110 per unit), while the average price for exports to Belgium ($14 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 Israel (+39.3%), 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 Switzerland
In 2022, after three years of growth, there was significant decline in purchases abroad of tennis, badminton and similar racquets; whether or not strung, when their volume decreased by -45.3% to 237K units. Over the period under review, imports, however, showed a buoyant increase. The pace of growth appeared the most rapid in 2021 with an increase of 88%. As a result, imports reached the peak of 433K units, and then shrank rapidly in the following year.
In value terms, imports of tennis, badminton and similar racquets; whether or not strung shrank significantly to $2.9M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +12.8% 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 +43.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 50% against the previous year. As a result, imports reached the peak of $3.5M, and then shrank significantly in the following year.
| Import of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,583 | 1,902 | 2,944 | 2,122 | 10.3% |
| Germany | 80.2 | 92.4 | 122 | 204 | 36.5% |
| Taiwan (Chinese) | 61.5 | 85.8 | 79.5 | 143 | 32.5% |
| Spain | 21.6 | 6.8 | 13.6 | 58.5 | 39.4% |
| Italy | 56.0 | 42.9 | 26.9 | 36.5 | -13.3% |
| Others | 189 | 179 | 267 | 290 | 15.3% |
| Total | 1,991 | 2,309 | 3,453 | 2,854 | 12.8% |
Top Suppliers of Tennis, Badminton and Similar Racquets; Whether or Not Strung to Switzerland in 2022:
- China (197.3K units)
- Germany (12.2K units)
- Taiwan (Chinese) (6.3K units)
- Spain (4.2K units)
- Italy (1.9K units)
Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Switzerland
In 2022, after two years of decline, there was significant growth in shipments abroad of tennis, badminton and similar racquets; whether or not strung, when their volume increased by 942% to 2.4K units. Overall, exports posted a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of tennis, badminton and similar racquets; whether or not strung soared to $73K in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. Over the period under review, the exports of attained the maximum at $74K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 59.5 | 10.5 | 7.4 | 19.5 | -31.1% |
| Azerbaijan | N/A | N/A | N/A | 17.8 | 0% |
| United Kingdom | N/A | 2.3 | 0.1 | 9.9 | 107.5% |
| Netherlands | 2.2 | 0.3 | 0.4 | 7.2 | 48.5% |
| Slovenia | N/A | N/A | N/A | 5.7 | 0% |
| Kuwait | N/A | N/A | N/A | 3.2 | 0% |
| United States | 9.0 | 3.2 | 0.1 | N/A | -89.5% |
| Others | 3.7 | 6.5 | 1.9 | 9.4 | 36.5% |
| Total | 74.5 | 22.9 | 9.8 | 72.7 | -0.8% |
Top Export Markets for Tennis, Badminton and Similar Racquets; Whether or Not Strung from Switzerland in 2022:
- Azerbaijan (1198.0 units)
- Germany (594.0 units)
- Netherlands (197.0 units)
- United Kingdom (90.0 units)
- Slovenia (89.0 units)
- Kuwait (62.0 units)
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