EU: Market for Tennis, Badminton Or Similar Rackets 2024

Market Size for Tennis, Badminton Or Similar Rackets in the EU

The EU tennis and badminton rackets market skyrocketed to $X in 2022, growing by X% against the previous year. In general, consumption showed prominent growth. The level of consumption peaked in 2022 and is likely to continue growth in the near future.

Production of Tennis, Badminton Or Similar Rackets in the EU

In value terms, tennis and badminton rackets production shrank remarkably to $X in 2022 estimated in export price. Over the period under review, production showed a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Exports of Tennis, Badminton Or Similar Rackets

Exports in the EU

In 2022, overseas shipments of tennis, badminton or similar rackets increased by X% to X units, rising for the fourth year in a row after two years of decline. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, tennis and badminton rackets exports soared to $X in 2022. In general, exports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

Spain (X units) and the Netherlands (X units) represented roughly X% of total exports in 2022. France (X units) took the next position in the ranking, followed by Germany (X units), Belgium (X units) and Austria (X units). All these countries together took near X% share of total exports. Sweden (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Spain (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest tennis and badminton rackets supplying countries in the European Union were France ($X), Germany ($X) and Spain ($X), with a combined X% share of total exports.

In terms of the main exporting countries, Spain, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per unit in 2022, almost unchanged from the previous year. Overall, the export price recorded a buoyant expansion. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, the export prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per unit), while Belgium ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the other leaders experienced more modest paces of growth.

Imports of Tennis, Badminton Or Similar Rackets

Imports in the EU

For the third year in a row, the European Union recorded growth in supplies from abroad of tennis, badminton or similar rackets, which increased by X% to X units in 2022. In general, imports recorded buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of X%. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, tennis and badminton rackets imports skyrocketed to $X in 2022. Over the period under review, imports recorded strong growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

The purchases of the four major importers of tennis, badminton or similar rackets, namely Spain, France, Germany and the Netherlands, represented more than half of total import. Belgium (X units) held the next position in the ranking, followed by Italy (X units). All these countries together held near X% share of total imports. Sweden (X units), Austria (X units), Poland (X units) and Denmark (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), France ($X) and Germany ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for X% of total imports. The Netherlands, Italy, Sweden, Belgium, Austria, Denmark and Poland lagged somewhat behind, together accounting for a further X%.

Sweden, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per unit in 2022, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Sweden ($X per unit), while Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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