Report Pakistan - Tennis, Badminton or Similar Rackets - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Pakistan - Tennis, Badminton or Similar Rackets - Market Analysis, Forecast, Size, Trends and Insights
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Pakistan: Market for Tennis, Badminton Or Similar Rackets 2022

Market Size for Tennis, Badminton Or Similar Rackets in Pakistan

For the fifth consecutive year, the Pakistani tennis and badminton rackets market recorded decline in sales value, which decreased by -X% to $X in 2021. Overall, consumption saw a dramatic curtailment. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Production of Tennis, Badminton Or Similar Rackets in Pakistan

In value terms, tennis and badminton rackets production reduced to $X in 2021 estimated in export price. Over the period under review, production, however, saw a prominent expansion. The pace of growth was the most pronounced in 2018 with an increase of X%. Tennis and badminton rackets production peaked at $X in 2020, and then declined in the following year.

Exports of Tennis, Badminton Or Similar Rackets

Exports from Pakistan

In 2021, the amount of tennis, badminton or similar rackets exported from Pakistan amounted to X units, surging by X% against 2020. Overall, total exports indicated a mild expansion from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in the immediate term.

In value terms, tennis and badminton rackets exports expanded markedly to $X in 2021. In general, exports saw a prominent expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Spain (X units) was the main destination for tennis and badminton rackets exports from Pakistan, with a X% share of total exports. Moreover, tennis and badminton rackets exports to Spain exceeded the volume sent to the second major destination, Sweden (X units), threefold. The third position in this ranking was taken by Denmark (X units), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Spain totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+X% per year) and Denmark (+X% per year).

In value terms, Spain ($X) remains the key foreign market for tennis and badminton rackets exports from Pakistan, comprising X% of total exports. The second position in the ranking was taken by Sweden ($X), with an X% share of total exports. It was followed by Brazil, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Spain stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+X% per year) and Brazil (+X% per year).

Export Prices by Country

In 2021, the average tennis and badminton rackets export price amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the export price enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum in 2021 and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Brazil ($X per unit), while the average price for exports to the UK ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tennis, Badminton Or Similar Rackets

Imports into Pakistan

In 2021, supplies from abroad of tennis, badminton or similar rackets was finally on the rise to reach X units after two years of decline. Overall, imports, however, continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Over the period under review, imports attained the maximum at X units in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, tennis and badminton rackets imports dropped to $X in 2021. In general, imports, however, showed a deep contraction. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest supplier of tennis and badminton rackets to Pakistan, with a X% share of total imports. Moreover, tennis and badminton rackets imports from China exceeded the figures recorded by the second-largest supplier, Hong Kong SAR (X units), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -X%.

In value terms, China ($X) constituted the largest supplier of tennis and badminton rackets to Pakistan, comprising X% of total imports. The second position in the ranking was taken by Hong Kong SAR ($X), with an X% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China amounted to -X%.

Import Prices by Country

In 2021, the average tennis and badminton rackets import price amounted to $X per unit, shrinking by -X% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible expansion. The most prominent rate of growth was recorded in 2015 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Hong Kong SAR ($X per unit), while the price for China stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%).

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for tennis, badminton or similar rackets in the world?
+
The countries with the highest volumes of in 2021 were the United States, India and China, together comprising 35% of global consumption. These countries were followed by Spain, Russia, France, Malaysia, the UK, Japan, South Korea, Mexico, Italy and Thailand, which together accounted for a further 35%.
What are the largest producers of tennis, badminton or similar rackets in the world?
+
China constituted the country with the largest volume of tennis and badminton rackets production, accounting for 92% of total volume. Moreover, tennis and badminton rackets production in China exceeded the figures recorded by the second-largest producer, Japan, more than tenfold.
What are the leading suppliers of tennis, badminton or similar rackets to Pakistan?
+
In value terms, China constituted the largest supplier of tennis and badminton rackets to Pakistan, comprising 88% of total imports. The second position in the ranking was taken by Hong Kong SAR, with an 8.7% share of total imports.
What are the leading importers of tennis, badminton or similar rackets from Pakistan?
+
In value terms, Spain remains the key foreign market for tennis and badminton rackets exports from Pakistan, comprising 42% of total exports. The second position in the ranking was held by Sweden, with an 18% share of total exports. It was followed by Brazil, with a 10% share.
What is the average export price for tennis, badminton or similar rackets in Pakistan?
+
The average tennis and badminton rackets export price stood at $17 per unit in 2021, increasing by 6.3% against the previous year.
What is the average import price for tennis, badminton or similar rackets in Pakistan?
+
The average tennis and badminton rackets import price stood at $6.6 per unit in 2021, which is down by -13.2% against the previous year.

This report provides an in-depth analysis of the market for tennis and badminton rackets in Pakistan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• Prodcom 32301560 - Tennis, badminton or similar rackets, whether or not strung
Country coverage:
• Pakistan

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Pakistan
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2007-2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2021
Figure 5:
Trade Balance, In Physical Terms, 2007-2021
Figure 6:
Trade Balance, In Value Terms, 2007-2021
Figure 7:
Per Capita Consumption, 2007-2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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