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

Contents:

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

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

The average import price for tennis, badminton and similar racquets; whether or not strung stood at $6.7 per unit in 2022, jumping by 41% against the previous year. Overall, the import price, however, continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2021 an increase of 57% against the previous year. Over the period under review, average import prices hit record highs at $12 per unit in 2014; however, from 2015 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 France ($41 per unit), while the price for China ($3.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+16.1%), 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 Greece (FOB) - 2022

In 2022, the average export price for tennis, badminton and similar racquets; whether or not strung amounted to $4.7 per unit, increasing by 58% against the previous year. In general, the export price, however, saw a deep contraction. The most prominent rate of growth was recorded in 2017 an increase of 216% against the previous year. 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 Kuwait ($19 per unit), while the average price for exports to Slovakia ($1.9 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 Italy (+21.0%), while the prices for the other major destinations experienced a decline.

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

For the fourth year in a row, Greece recorded growth in overseas purchases of tennis, badminton and similar racquets; whether or not strung, which increased by 27% to 65K units in 2022. Overall, imports recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 80% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of tennis, badminton and similar racquets; whether or not strung surged to $619K in 2022. Over the period under review, imports showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 68% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany82.993.115919332.5%
China1311041431596.7%
France11.05.811.768.784.2%
BulgariaN/A35.286.559.930.4%
Spain1.11.318.743.9241.7%
Romania12.513.833.234.440.1%
PakistanN/A9.88.120.845.7%
Others26.825.924.039.313.6%
Total26628948461932.5%

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

  1. China (44.5K units)
  2. Spain (6.9K units)
  3. Germany (4.8K units)
  4. Romania (3.4K units)
  5. France (1.7K units)
  6. Bulgaria (1.5K units)
  7. Pakistan (0.5K units)

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

In 2022, exports of tennis, badminton and similar racquets; whether or not strung from Greece soared to 15K units, increasing by 80% compared with 2021 figures. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 595% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of tennis, badminton and similar racquets; whether or not strung surged to $74K in 2022. Overall, exports saw significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 187%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

Export of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SpainN/A0.20.527.71076.9%
Italy1.82.120.118.9119.0%
KuwaitN/AN/AN/A11.00%
HungaryN/AN/AN/A5.40%
Bulgaria1.10.91.12.836.5%
GermanyN/AN/A0.51.6220.0%
SlovakiaN/AN/AN/A1.00%
Romania13.26.12.20.3-71.7%
PolandN/AN/A1.7N/A0%
Others0.40.52.15.1133.6%
Total16.69.828.173.764.4%

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

  1. Spain (6.9K units)
  2. Italy (2.6K units)
  3. Hungary (2.5K units)
  4. Bulgaria (0.9K units)
  5. Germany (0.7K units)
  6. Kuwait (0.6K units)
  7. Slovakia (0.5K units)

Source: IndexBox Market Intelligence Platform

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