Angola: Market for Tennis, Badminton Or Similar Rackets 2024

Market Size for Tennis, Badminton Or Similar Rackets in Angola

In 2022, the Angolan tennis and badminton rackets market increased by 157% to $X, rising for the second year in a row after three years of decline. Overall, consumption showed a prominent increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of Tennis, Badminton Or Similar Rackets

Exports from Angola

In 2022, approx. X units of tennis, badminton or similar rackets were exported from Angola; jumping by 20% on 2021. In general, exports posted prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 73%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, tennis and badminton rackets exports surged to $X in 2022. Over the period under review, exports saw prominent growth. The pace of growth was the most pronounced in 2016 with an increase of 59% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

France (X units) was the main destination for tennis and badminton rackets exports from Angola, accounting for a 58% share of total exports. Moreover, tennis and badminton rackets exports to France exceeded the volume sent to the second major destination, Ghana (X units), fourfold. The United States (X units) ranked third in terms of total exports with a 7.3% share.

From 2015 to 2022, the average annual rate of growth in terms of volume to France amounted to +15.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ghana (+69.8% per year) and the United States (+30.7% per year).

In value terms, France ($X) remains the key foreign market for tennis, badminton or similar rackets exports from Angola, comprising 45% of total exports. The second position in the ranking was held by Italy ($X), with a 15% share of total exports. It was followed by Ghana, with a 12% share.

From 2015 to 2022, the average annual growth rate of value to France amounted to +9.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-6.0% per year) and Ghana (+91.9% per year).

Export Prices by Country

The average tennis and badminton rackets export price stood at $X per unit in 2022, declining by -3.7% against the previous year. Overall, the export price recorded a abrupt downturn. The pace of growth appeared the most rapid in 2016 when the average export price increased by 24% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2017 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to Spain ($X per unit) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ghana (+0.4%), while the prices for the other major destinations experienced a decline.

Imports of Tennis, Badminton Or Similar Rackets

Imports into Angola

In 2022, purchases abroad of tennis, badminton or similar rackets increased by 209% to X units, rising for the second year in a row after three years of decline. Over the period under review, imports posted a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, tennis and badminton rackets imports surged to $X in 2022. Overall, imports posted a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Portugal (X units) constituted the largest supplier of tennis and badminton rackets to Angola, accounting for a 78% share of total imports. Moreover, tennis and badminton rackets imports from Portugal exceeded the figures recorded by the second-largest supplier, China (X units), sixfold. The third position in this ranking was held by France (X units), with a 1.7% share.

From 2012 to 2022, the average annual growth rate of volume from Portugal stood at +18.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+7.9% per year) and France (+15.8% per year).

In value terms, Portugal ($X) constituted the largest supplier of tennis, badminton or similar rackets to Angola, comprising 60% of total imports. The second position in the ranking was taken by China ($X), with an 18% share of total imports. It was followed by France, with a 3.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Portugal amounted to +8.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+4.9% per year) and France (+14.3% per year).

Import Prices by Country

The average tennis and badminton rackets import price stood at $X per unit in 2022, shrinking by -30.6% against the previous year. In general, the import price showed a abrupt decline. The growth pace was the most rapid in 2019 when the average import price increased by 41%. Over the period under review, average import prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 the United States ($X per unit), while the price for Portugal ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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