Germany - Tennis, Badminton Or Similar Rackets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTennis and Badminton Rackets Price in Germany Skyrocket 33% to $16.5 per Unit
Germany Tennis And Badminton Rackets Import Price in March 2023
In March 2023, the tennis and badminton rackets price amounted to $16.5 per unit (CIF, Germany), increasing by 33% against the previous month. In general, the import price saw resilient growth. The most prominent rate of growth was recorded in July 2022 an increase of 93% m-o-m. Over the period under review, average import prices hit record highs at $19.2 per unit in December 2022; however, from January 2023 to March 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($29.0 per unit), while the price for China ($3.1 per unit) was amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.
| COUNTRY | Import Price of Tennis And Badminton Rackets in Germany (USD per unit) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | |
| Japan | 70.7 | 20.6 | 21.0 | 20.5 | 22.1 | 29.2 | 31.0 | 30.4 | 26.2 | 27.8 | 36.1 | 16.0 | 29.0 |
| Netherlands | 7.3 | 21.3 | 14.3 | 21.0 | 16.9 | 15.4 | 18.6 | 16.1 | 21.5 | 20.8 | 18.5 | 22.4 | 24.5 |
| Spain | 9.3 | 7.7 | 9.0 | 14.7 | 14.6 | 11.2 | 17.1 | 14.0 | 17.0 | 24.4 | 22.5 | 19.3 | 17.9 |
| France | 13.0 | 10.8 | 14.8 | 9.9 | 25.4 | 31.1 | 38.1 | 33.3 | 32.8 | 36.5 | 23.3 | 32.5 | 17.5 |
| China | 2.4 | 3.2 | 2.2 | 2.4 | 3.2 | 5.3 | 8.4 | 10.7 | 6.0 | 10.1 | 4.4 | 5.6 | 3.1 |
| Average | 5.8 | 7.2 | 7.3 | 6.4 | 12.4 | 14.3 | 15.6 | 17.3 | 17.3 | 19.2 | 8.9 | 12.4 | 16.5 |
Germany Tennis And Badminton Rackets Imports
In March 2023, overseas purchases of tennis, badminton or similar rackets increased by 51% to 730K units, rising for the third consecutive month after six months of decline. In general, imports, however, recorded a pronounced setback. Imports peaked at 1.1M units in June 2022; however, from July 2022 to March 2023, imports remained at a lower figure.
In value terms, tennis and badminton rackets imports surged to $12M (IndexBox estimates) in March 2023. Over the period under review, imports recorded buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Germany Tennis And Badminton Rackets Imports by Country
the Netherlands (362K units), China (255K units) and France (45K units) were the main suppliers of tennis and badminton rackets imports to Germany, together comprising 91% of total imports. These countries were followed by Spain and Japan, which together accounted for a further 5%.
From March 2022 to March 2023, the biggest increases were in Japan (with a CAGR of +22.0%), while purchases for the other leaders experienced a decline.
In value terms, the Netherlands ($8.9M) constituted the largest supplier of tennis and badminton rackets to Germany, comprising 73% of total imports. The second position in the ranking was held by France ($792K), with a 6.6% share of total imports. It was followed by China, with a 6.5% share.
From March 2022 to March 2023, the average monthly growth rate of value from the Netherlands stood at +9.7%. The remaining supplying countries recorded the following average monthly rates of imports growth: France (+2.5% per month) and China (-2.8% per month).
This report provides an in-depth analysis of the market for tennis and badminton rackets in Germany. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 32301560 - Tennis, badminton or similar rackets, whether or not strung
Country coverage:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
