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

Contents:

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

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

The average import price for tennis, badminton and similar racquets; whether or not strung stood at $17 per unit in 2022, picking up by 1,156% against the previous year. In general, the import price posted a notable expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Pakistan ($59 per unit), while the price for Italy ($2.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+19.0%), while the prices for the other major suppliers experienced a decline.

Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Tanzania (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 -26.8% against the previous year. In general, the export price showed a pronounced reduction. The growth pace was the most rapid in 2018 an increase of 68% against the previous year. As a result, the export price reached the peak level of $23 per unit. From 2019 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Africa ($15 per unit), while the average price for exports to Democratic Republic of the Congo ($2 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 South Africa (+35.1%), while the prices for the other major destinations experienced a decline.

Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Tanzania

Imports of tennis, badminton and similar racquets; whether or not strung into Tanzania soared to 24K units in 2022, rising by 183% compared with the previous year's figure. Overall, imports showed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 493% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of tennis, badminton and similar racquets; whether or not strung skyrocketed to $92K in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland0.10.21.036.4614.0%
China13.31.12.232.234.3%
Denmark11.15.97.411.82.1%
Kenya2.40.73.03.816.6%
Italy0.50.30.50.817.0%
SwazilandN/AN/A0.3N/A0%
Others3.32.74.57.028.5%
Total30.610.918.891.944.3%

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

  1. Switzerland (11.6K units)
  2. China (8.1K units)
  3. Denmark (1.8K units)
  4. Kenya (1.1K units)
  5. Italy (0.4K units)

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

In 2022, approx. 134 units of tennis, badminton and similar racquets; whether or not strung were exported from Tanzania; jumping by 91% against the year before. Over the period under review, exports, however, recorded a deep setback. Over the period under review, the exports of hit record highs at 162 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of tennis, badminton and similar racquets; whether or not strung surged to $870 in 2022. Overall, exports, however, continue to indicate a dramatic descent. The exports peaked at $3.2K 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 Tanzania (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1,269156228331-36.1%
South Africa55185.0157287-19.5%
Rwanda1,041118159214-41.0%
Kenya77.010.015.022.0-34.1%
Germany2216.02.04.0-73.7%
Others36.09.09.012.0-30.7%
Total3,195384570870-35.2%

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

  1. Italy (64.0 units)
  2. Rwanda (41.0 units)
  3. South Africa (19.0 units)
  4. Kenya (2.0 units)
  5. Germany (1.0 units)

Source: IndexBox Market Intelligence Platform

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