Bangladesh - Tennis, Badminton Or Similar Rackets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Tennis and Badminton Rackets in Bangladesh - 2022
Contents:
- Price for Tennis and Badminton Rackets in Bangladesh (CIF) - 2022
- Price for Tennis and Badminton Rackets in Bangladesh (FOB) - 2022
- Imports of Tennis and Badminton Rackets in Bangladesh
- Exports of Tennis and Badminton Rackets in Bangladesh
Price for Tennis and Badminton Rackets in Bangladesh (CIF) - 2022
The average tennis and badminton rackets import price stood at $16 per unit in 2022, increasing by 89% against the previous year. Overall, the import price continues to indicate strong growth. The most prominent rate of growth was recorded in 2016 an increase of 195% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.
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 +13.2% per year.
Price for Tennis and Badminton Rackets in Bangladesh (FOB) - 2022
In 2022, the average tennis and badminton rackets export price amounted to $11 per unit, stabilizing at the previous year. Over the period under review, the export price showed a deep reduction. The pace of growth appeared the most rapid in 2017 when the average export price increased by 26% against the previous year. Over the period under review, the average export prices reached the peak figure at $25 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Taiwan (Chinese).
From 2012 to 2022, the rate of growth in terms of prices for Taiwan (Chinese) amounted to -7.3% per year.
Imports of Tennis and Badminton Rackets in Bangladesh
In 2022, the amount of tennis, badminton or similar rackets imported into Bangladesh shrank dramatically to 511K units, with a decrease of -55.8% on the previous year's figure. Overall, imports showed a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 77% against the previous year. As a result, imports reached the peak of 1.2M units, and then contracted significantly in the following year.
In value terms, tennis and badminton rackets imports contracted rapidly to $8.3M in 2022. Over the period under review, imports showed a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 58%. Over the period under review, imports reached the peak figure at $11M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Tennis and Badminton Rackets in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.6 | 6.0 | 9.2 | 7.6 | -10.5% |
| Others | 0.2 | 0.2 | 0.8 | 0.8 | 58.7% |
| Total | 10.8 | 6.3 | 10.0 | 8.3 | -8.4% |
Top Suppliers of Tennis and Badminton Rackets to Bangladesh in 2022:
- China (507.0K units)
Exports of Tennis and Badminton Rackets in Bangladesh
In 2022, the amount of tennis, badminton or similar rackets exported from Bangladesh soared to 6.2K units, increasing by 16% compared with 2021. Overall, exports showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 166% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, tennis and badminton rackets exports soared to $69K in 2022. Over the period under review, exports enjoyed a strong expansion. The growth pace was the most rapid in 2020 when exports increased by 97% against the previous year. As a result, the exports attained the peak of $102K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Tennis and Badminton Rackets in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 51.7 | 101 | 59.9 | 69.2 | 10.2% |
| Others | 0.2 | 0.6 | 0.2 | 0.2 | 0.0% |
| Total | 51.8 | 102 | 60.2 | 69.4 | 10.2% |
Top Export Markets for Tennis and Badminton Rackets from Bangladesh in 2022:
- Taiwan (Chinese) (6.2K units)
This report provides an in-depth analysis of the market for tennis and badminton rackets in Bangladesh. 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:
- Bangladesh
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Bangladesh
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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