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

Contents:

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

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

The average import price for tennis, badminton and similar racquets; whether or not strung stood at $8.8 per unit in 2022, rising by 3.5% against the previous year. Overall, the import price, however, recorded a noticeable setback. The pace of growth appeared the most rapid in 2019 when the average import price increased by 25% against the previous year. Over the period under review, average import prices hit record highs at $12 per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

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 Germany ($69 per unit), while the price for the United States ($3.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+20.1%), 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 Estonia (FOB) - 2022

The average export price for tennis, badminton and similar racquets; whether or not strung stood at $7.9 per unit in 2022, waning by -26.8% against the previous year. In general, the export price showed a slight curtailment. The most prominent rate of growth was recorded in 2021 an increase of 758%. The export price peaked at $23 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Latvia ($11 per unit), while the average price for exports to Russia ($5.6 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 Belarus (+3.9%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, purchases abroad of tennis, badminton and similar racquets; whether or not strung decreased by -18.9% to 14K units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 95% against the previous year. As a result, imports attained the peak of 18K units, and then dropped remarkably in the following year.

In value terms, imports of tennis, badminton and similar racquets; whether or not strung dropped markedly to $124K in 2022. In general, imports, however, posted a strong increase. The pace of growth was the most pronounced in 2021 with an increase of 87% against the previous year. As a result, imports attained the peak of $151K, and then fell markedly in the following year.

Import of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
LatviaN/A9.912.628.369.1%
China39.422.325.816.3-25.5%
Finland16.117.824.313.0-6.9%
NetherlandsN/A8.515.712.621.8%
SwedenN/A3.614.412.284.1%
Poland3.22.13.28.940.6%
LithuaniaN/A3.310.78.358.6%
AustriaN/AN/A7.16.2-12.7%
United States0.4N/AN/A2.584.2%
Denmark1.00.80.61.923.9%
Spain3.70.36.30.1-70.0%
Belgium8.16.50.6N/A-72.8%
Others8.65.329.614.218.2%
Total80.680.615112415.4%

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

  1. Sweden (2.6K units)
  2. Latvia (2.2K units)
  3. Netherlands (1.9K units)
  4. Poland (1.7K units)
  5. Finland (1.4K units)
  6. Lithuania (1.0K units)
  7. China (1.0K units)
  8. United States (0.8K units)
  9. Austria (0.7K units)
  10. Denmark (0.5K units)

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

In 2022, exports of tennis, badminton and similar racquets; whether or not strung from Estonia declined significantly to 433 units, which is down by -75.2% compared with the year before. In general, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 4,489%. As a result, the exports attained the peak of 1.7K units, and then shrank sharply in the following year.

In value terms, exports of tennis, badminton and similar racquets; whether or not strung shrank rapidly to $3.2K in 2022. Overall, exports, however, posted a modest expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 5,958% against the previous year. As a result, the exports attained the peak of $23K, and then shrank rapidly in the following year.

Export of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia3.00.33.51.7-17.2%
FinlandN/AN/A16.20.5-96.9%
Latvia0.1N/A2.70.458.7%
AustriaN/AN/A0.20.350.0%
OthersN/AN/AN/A0.30%
Total3.10.422.73.21.1%

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

  1. Russia (312.0 units)
  2. Finland (47.0 units)
  3. Latvia (39.0 units)
  4. Austria (25.0 units)

Source: IndexBox Market Intelligence Platform

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