Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Finland - 2023
Contents:
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Finland (CIF) - 2022
- Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Finland (FOB) - 2022
- Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Finland
- Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Finland
Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Finland (CIF) - 2022
The average import price for tennis, badminton and similar racquets; whether or not strung stood at $21 per unit in 2022, jumping by 21% against the previous year. In general, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tennis, badminton and similar racquets; whether or not strung increased by +121.1% against 2018 indices. The pace of growth was the most pronounced in 2020 when the average import price increased by 42%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.
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 ($71 per unit), while the price for the Netherlands ($4.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+22.9%), 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 Finland (FOB) - 2022
In 2022, the average export price for tennis, badminton and similar racquets; whether or not strung amounted to $38 per unit, growing by 43% against the previous year. Over the period under review, the export price saw a resilient expansion. The pace of growth appeared the most rapid in 2017 when the average export price increased by 266%. The export price peaked in 2022 and is likely to see steady growth in years to come.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($58 per unit), while the average price for exports to Estonia ($23 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 Norway (+23.7%), 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 Finland
For the fourth year in a row, Finland recorded growth in supplies from abroad of tennis, badminton and similar racquets; whether or not strung, which increased by 34% to 218K units in 2022. Overall, imports recorded a significant increase. 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.
In value terms, imports of tennis, badminton and similar racquets; whether or not strung surged to $4.4M in 2022. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 103% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.
Import of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Finland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 91.8 | 665 | 1,166 | 1,609 | 159.8% |
China | 737 | 240 | 748 | 981 | 10.0% |
Germany | 3.4 | 490 | 592 | 888 | 539.2% |
Austria | 1.6 | 8.2 | 2.9 | 400 | 530.0% |
Denmark | 122 | 40.4 | 125 | 146 | 6.2% |
Netherlands | 1.0 | 0.7 | 108 | 142 | 421.7% |
Pakistan | 1.5 | 2.2 | 75.9 | 125 | 336.8% |
Taiwan (Chinese) | 88.7 | 41.9 | 132 | N/A | 22.0% |
Others | 29.6 | 13.1 | 96.6 | 146 | 70.2% |
Total | 1,077 | 1,502 | 3,046 | 4,438 | 60.3% |
Top Suppliers of Tennis, Badminton and Similar Racquets; Whether or Not Strung to Finland in 2022:
- China (104.7K units)
- Sweden (42.5K units)
- Netherlands (33.9K units)
- Germany (12.6K units)
- Austria (9.8K units)
- Denmark (5.1K units)
- Pakistan (3.7K units)
Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Finland
In 2022, approx. 4.2K units of tennis, badminton and similar racquets; whether or not strung were exported from Finland; jumping by 72% compared with the previous year. Overall, exports continue to indicate a significant increase. 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 surged to $156K in 2022. Over the period under review, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Finland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | N/A | 0.1 | 9.7 | 67.5 | 2498.1% |
Denmark | N/A | N/A | 0.2 | 25.4 | 12600.0% |
Estonia | 12.6 | 12.6 | 19.4 | 24.4 | 24.6% |
Czech Republic | N/A | N/A | 1.3 | 13.6 | 946.2% |
Norway | N/A | N/A | 17.3 | 4.2 | -75.7% |
Singapore | 0.1 | 5.6 | 0.9 | 2.2 | 180.2% |
Russia | 18.9 | 11.0 | 9.7 | 0.7 | -66.7% |
Switzerland | N/A | 3.5 | 2.9 | 0.1 | -83.1% |
Others | 2.9 | 11.1 | 2.6 | 17.9 | 83.4% |
Total | 34.5 | 43.9 | 63.9 | 156 | 65.4% |
Top Export Markets for Tennis, Badminton and Similar Racquets; Whether or Not Strung from Finland in 2022:
- Sweden (1672.0 units)
- Estonia (1076.0 units)
- Denmark (586.0 units)
- Czech Republic (347.0 units)
- Norway (73.0 units)
- Singapore (66.0 units)
- Russia (14.0 units)
- Switzerland (6.0 units)
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