Spain - Tennis, Badminton Or Similar Rackets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSpain's Tennis and Badminton Racket Prices Drop 42% to $10.2 Each
Spain Tennis And Badminton Rackets Import Price in December 2022
In December 2022, the tennis and badminton rackets price amounted to $10.2 per unit (CIF, Spain), shrinking by -42.5% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in August 2022 an increase of 34% m-o-m. Over the period under review, average import prices reached the maximum at $17.7 per unit in November 2022, and then contracted dramatically in the following month.
There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was France ($27.9 per unit), while the price for Thailand ($1.7 per unit) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by France (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
| COUNTRY | Dec 2021 | Jan 2022 | Feb 2022 | Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Import Price Tennis And Badminton Rackets in Spain (USD per unit) | |||||||||||||
| France | 19.6 | 21.8 | 19.8 | 25.4 | 15.9 | 17.3 | 20.6 | 23.7 | 24.3 | 25.4 | 28.4 | 29.3 | 27.9 |
| Germany | 52.8 | 17.7 | 26.4 | 48.0 | 34.0 | 21.5 | 43.9 | 42.2 | 53.4 | 32.5 | 28.2 | 23.0 | 23.1 |
| Pakistan | 13.9 | 14.3 | 11.3 | 14.1 | 13.4 | 15.6 | 13.8 | 14.7 | 14.7 | 15.9 | 13.2 | 15.3 | 14.8 |
| Morocco | 12.6 | 12.6 | 13.2 | 12.9 | 13.0 | 13.3 | 12.7 | 12.8 | 13.3 | 13.8 | N/A | 13.2 | 13.8 |
| China | 10.4 | 7.4 | 4.1 | 4.9 | 4.6 | 6.7 | 5.6 | 7.2 | 11.4 | 14.4 | 15.0 | 16.3 | 8.6 |
| Thailand | 3.1 | N/A | N/A | 2.8 | 2.2 | 2.2 | N/A | N/A | N/A | 2.8 | N/A | N/A | 1.7 |
| Average | 11.3 | 8.4 | 6.0 | 7.4 | 6.2 | 8.3 | 7.6 | 9.7 | 13.0 | 15.4 | 16.7 | 17.7 | 10.2 |
Spain Tennis And Badminton Rackets Imports
In December 2022, supplies from abroad of tennis, badminton or similar rackets increased by 115% to 1.6M units, rising for the second consecutive month after two months of decline. Overall, imports enjoyed a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, tennis and badminton rackets imports soared to $16M (IndexBox estimates) in December 2022. In general, total imports indicated tangible growth from December 2021 to December 2022: its value increased at an average monthly rate of +4.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, imports increased by +79.5% against October 2022 indices. The pace of growth appeared the most rapid in August 2022 when imports increased by 47% month-to-month. Imports peaked in December 2022.
Spain Tennis And Badminton Rackets Imports by Country
In December 2022, China (1.3M units) constituted the largest tennis and badminton rackets supplier to Spain, accounting for a 83% share of total imports. Moreover, tennis and badminton rackets imports from China exceeded the figures recorded by the second-largest supplier, France (80K units), more than tenfold. The third position in this ranking was held by Pakistan (61K units), with a 3.9% share.
From December 2021 to December 2022, the average monthly rate of growth in terms of volume from China stood at +7.5%. The remaining supplying countries recorded the following average monthly rates of imports growth: France (-0.9% per month) and Pakistan (-3.6% per month).
In value terms, China ($11M) constituted the largest supplier of tennis and badminton rackets to Spain, comprising 70% of total imports. The second position in the ranking was taken by France ($2.2M), with a 14% share of total imports. It was followed by Germany, with a 5.7% share.
From December 2021 to December 2022, the average monthly growth rate of value from China amounted to +5.8%. The remaining supplying countries recorded the following average monthly rates of imports growth: France (+2.1% per month) and Germany (+17.0% per month).
This report provides an in-depth analysis of the market for tennis and badminton rackets in Spain. 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:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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
