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

Contents:

  1. Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Sweden (CIF) - 2023
  2. Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Sweden (FOB) - 2022
  3. Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Sweden
  4. Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Sweden

Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Sweden (CIF) - 2023

In December 2023, the average import price for tennis, badminton and similar racquets; whether or not strung amounted to $54.7 per unit, surging by 3.2% against the previous month. In general, the import price continues to indicate temperate growth. The pace of growth appeared the most rapid in July 2023 an increase of 77% against the previous month. Over the period under review, average import prices hit record highs in December 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Pakistan ($69.1 per unit), while the price for Taiwan (Chinese) ($26.7 per unit) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Denmark (+9.5%), 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 Sweden (FOB) - 2022

The average export price for tennis, badminton and similar racquets; whether or not strung stood at $37 per unit in 2022, jumping by 30% against the previous year. Over the period under review, the export price posted a noticeable expansion. The most prominent rate of growth was recorded in 2017 an increase of 119%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($67 per unit), while the average price for exports to Poland ($4.3 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 the Netherlands (+26.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 910K units of tennis, badminton and similar racquets; whether or not strung were imported into Sweden; picking up by 3.6% against 2021 figures. Over the period under review, imports enjoyed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 45%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, imports of tennis, badminton and similar racquets; whether or not strung expanded markedly to $27M in 2022. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 121%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.62.64.48.876.5%
Pakistan1.01.34.75.980.7%
Spain0.93.46.95.077.1%
Denmark0.41.63.52.584.2%
Germany0.91.92.22.030.5%
France0.60.71.71.329.4%
Taiwan (Chinese)0.1N/A0.10.344.2%
Poland0.10.50.5N/A123.6%
Others0.10.21.21.2128.9%
Total5.612.425.326.968.7%

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

  1. China (476.7K units)
  2. Denmark (108.6K units)
  3. Pakistan (99.5K units)
  4. Spain (82.3K units)
  5. Germany (49.4K units)
  6. France (33.4K units)
  7. Taiwan (Chinese) (25.6K units)
  8. Poland (1.4K units)

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

In 2022, the amount of tennis, badminton and similar racquets; whether or not strung exported from Sweden soared to 275K units, surging by 81% on the previous year's figure. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of tennis, badminton and similar racquets; whether or not strung soared to $10M in 2022. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 160%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Export of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway2424091,0722,275111.1%
Finland6737351,4452,25349.6%
Netherlands10.470.59781,848462.2%
Denmark93.31653291,800168.2%
BelgiumN/A5.323.8285633.3%
KuwaitN/A1.810.02201005.5%
United Kingdom5.13.034.7205242.6%
South AfricaN/AN/A30.5160424.6%
Poland54.696.711712632.1%
Latvia19.623.032.139.926.7%
Others113147239907100.2%
Total1,2101,6564,31210,119103.0%

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

  1. Finland (57.2K units)
  2. Norway (56.5K units)
  3. Netherlands (32.3K units)
  4. Poland (29.2K units)
  5. Denmark (26.8K units)
  6. Kuwait (10.4K units)
  7. South Africa (10.0K units)
  8. United Kingdom (7.0K units)
  9. Belgium (6.0K units)
  10. Latvia (5.0K units)

Source: IndexBox Market Intelligence Platform

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