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

Contents:

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

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

The average import price for tennis, badminton and similar racquets; whether or not strung stood at $17 per unit in 2022, increasing by 22% against the previous year. In general, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +4.5% 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 was the most pronounced in 2019 an increase of 25% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in years to come.

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 +4.5% per year.

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

In 2022, the average export price for tennis, badminton and similar racquets; whether or not strung amounted to $6.6 per unit, waning by -57.8% against the previous year. Over the period under review, the export price showed a pronounced curtailment. The most prominent rate of growth was recorded in 2018 an increase of 102%. Over the period under review, the average export prices hit record highs at $25 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($6.7 per unit), while the average price for exports to Moldova totaled $6.7 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Moldova (-3.6%).

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

In 2022, overseas purchases of tennis, badminton and similar racquets; whether or not strung decreased by -43.7% to 21K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 29%. As a result, imports attained the peak of 38K units, and then declined markedly in the following year.

In value terms, imports of tennis, badminton and similar racquets; whether or not strung reduced dramatically to $369K in 2022. Overall, total imports indicated a perceptible expansion from 2019 to 2022: its value increased at an average annual rate of +2.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 43% against the previous year. As a result, imports reached the peak of $535K, and then fell notably in the following year.

Import of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3353685333632.7%
Others2.76.62.35.526.8%
Total3383745353693.0%

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

  1. China (20.9K units)

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

In 2022, the amount of tennis, badminton and similar racquets; whether or not strung exported from Ukraine expanded notably to 103 units, growing by 11% on the previous year. Over the period under review, exports showed a remarkable increase. The most prominent rate of growth was recorded in 2021 when exports increased by 221%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of tennis, badminton and similar racquets; whether or not strung contracted rapidly to $686 in 2022. Overall, exports, however, recorded a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 103% against the previous year. As a result, the exports reached the peak of $1.5K, and then fell markedly in the following year.

Export of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Ukraine (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Moldova1,0447201,251599-16.9%
United StatesN/AN/AN/A87.00%
RussiaN/AN/A208N/A0%
OthersN/AN/AN/AN/A0%
Total1,0447201,459686-13.1%

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

  1. Moldova (90.0 units)
  2. United States (13.0 units)

Source: IndexBox Market Intelligence Platform

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