Africa: Market for Tennis, Badminton Or Similar Rackets 2024

Market Size for Tennis, Badminton Or Similar Rackets in Africa

The African tennis and badminton rackets market totaled $X in 2022, growing by 5% against the previous year. The total consumption indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +110.7% against 2020 indices. The level of consumption peaked in 2022 and is likely to see gradual growth in the near future.

Production of Tennis, Badminton Or Similar Rackets in Africa

In value terms, tennis and badminton rackets production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2019 when the production volume increased by 14,326% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Tennis, Badminton Or Similar Rackets

Exports in Africa

In 2022, shipments abroad of tennis, badminton or similar rackets increased by 184% to X units, rising for the sixth year in a row after four years of decline. In general, exports, however, saw a abrupt contraction. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, tennis and badminton rackets exports rose notably to $X in 2022. Overall, exports, however, saw a perceptible slump. The pace of growth appeared the most rapid in 2021 when exports increased by 149%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Morocco was the major exporting country with an export of about X units, which resulted at 64% of total exports. Mauritius (X units) took a 28% share (based on physical terms) of total exports, which put it in second place, followed by South Africa (6.6%).

Exports from Morocco increased at an average annual rate of +36.0% from 2012 to 2022. At the same time, Mauritius (+116.1%) displayed positive paces of growth. Moreover, Mauritius emerged as the fastest-growing exporter exported in Africa, with a CAGR of +116.1% from 2012-2022. By contrast, South Africa (-4.3%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Morocco, Mauritius and South Africa increased by +64, +28 and +2.4 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest tennis and badminton rackets supplying countries in Africa were Morocco ($X), Mauritius ($X) and South Africa ($X), together accounting for 99% of total exports.

In terms of the main exporting countries, Mauritius, with a CAGR of +120.6%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in Africa amounted to $X per unit, which is down by -62.6% against the previous year. Over the period under review, the export price, however, recorded a prominent increase. The pace of growth appeared the most rapid in 2021 when the export price increased by 132% against the previous year. As a result, the export price reached the peak level of $X per unit, and then dropped notably in the following year.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Mauritius ($X per unit), while Morocco ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+3.6%), while the other leaders experienced more modest paces of growth.

Imports of Tennis, Badminton Or Similar Rackets

Imports in Africa

Tennis and badminton rackets imports fell to X units in 2022, reducing by -6.7% against 2021. In general, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 59% against the previous year. Over the period under review, imports reached the maximum at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, tennis and badminton rackets imports skyrocketed to $X in 2022. Total imports indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +177.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 87%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, South Africa (X units) represented the key importer of tennis, badminton or similar rackets, comprising 41% of total imports. Mauritius (X units) took a 16% share (based on physical terms) of total imports, which put it in second place, followed by Kenya (7.1%), Morocco (5.6%), Algeria (5.1%) and Tunisia (4.9%). Libya (X units), Egypt (X units), Angola (X units) and Djibouti (X units) took a minor share of total imports.

Imports into South Africa decreased at an average annual rate of -2.2% from 2012 to 2022. At the same time, Angola (+12.9%), Djibouti (+11.7%), Libya (+11.0%), Algeria (+10.8%), Mauritius (+5.9%), Morocco (+5.8%) and Kenya (+1.9%) displayed positive paces of growth. Moreover, Angola emerged as the fastest-growing importer imported in Africa, with a CAGR of +12.9% from 2012-2022. By contrast, Tunisia (-2.1%) and Egypt (-7.9%) illustrated a downward trend over the same period. While the share of Mauritius (+6.3 p.p.), Algeria (+3.1 p.p.), Morocco (+2.1 p.p.) and Libya (+1.8 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Tunisia (-1.6 p.p.), Egypt (-2.8 p.p.) and South Africa (-14 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X), Mauritius ($X) and Morocco ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 76% share of total imports.

In terms of the main importing countries, Mauritius, with a CAGR of +26.8%, saw the highest rates of growth with regard to the value of imports, 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 Africa stood at $X per unit in 2022, picking up by 59% against the previous year. Import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tennis and badminton rackets import price increased by +104.8% against 2019 indices. 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 Egypt ($X per unit), while Libya ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mauritius (+19.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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