Report Update Nov 1, 2024

Chile - Tennis, Badminton or Similar Rackets - Market Analysis, Forecast, Size, Trends and Insights

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Chile: Market for Tennis, Badminton Or Similar Rackets 2024

Market Size for Tennis, Badminton Or Similar Rackets in Chile

In 2022, the Chilean tennis and badminton rackets market increased by 119% to $X, rising for the second year in a row after two years of decline. In general, consumption posted a prominent increase. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in years to come.

Exports of Tennis, Badminton Or Similar Rackets

Exports from Chile

In 2022, overseas shipments of tennis, badminton or similar rackets increased by 34% to X units, rising for the third consecutive year after two years of decline. Overall, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 676% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, tennis and badminton rackets exports stood at $X in 2022. In general, exports continue to indicate a significant increase. The growth pace was the most rapid in 2013 with an increase of 1,491%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Bolivia (X units) was the main destination for tennis and badminton rackets exports from Chile, accounting for a 85% share of total exports. Moreover, tennis and badminton rackets exports to Bolivia exceeded the volume sent to the second major destination, Mexico (X units), eightfold. Ecuador (X units) ranked third in terms of total exports with a 3.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bolivia totaled +128.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+78.4% per year) and Ecuador (-4.4% per year).

In value terms, Bolivia ($X) remains the key foreign market for tennis, badminton or similar rackets exports from Chile, comprising 94% of total exports. The second position in the ranking was taken by Ecuador ($X), with a 3% share of total exports. It was followed by Peru, with a 1.5% share.

From 2012 to 2022, the average annual growth rate of value to Bolivia totaled +101.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (-14.6% per year) and Peru (-27.4% per year).

Export Prices by Country

In 2022, the average tennis and badminton rackets export price amounted to $X per unit, shrinking by -24.6% against the previous year. Overall, the export price, however, showed strong growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by 181%. The export price peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($X per unit), while the average price for exports to Mexico ($X 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 Peru (+24.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Tennis, Badminton Or Similar Rackets

Imports into Chile

In 2022, approx. X units of tennis, badminton or similar rackets were imported into Chile; growing by 150% on 2021. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 211%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, tennis and badminton rackets imports soared to $X in 2022. Overall, imports saw a buoyant increase. The growth pace was the most rapid in 2021 with an increase of 218%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, China (X units) was the main supplier of tennis and badminton rackets to Chile, accounting for a 91% share of total imports. It was followed by Spain (X units), with a 2.1% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China totaled +19.8%.

In value terms, China ($X) constituted the largest supplier of tennis, badminton or similar rackets to Chile, comprising 50% of total imports. The second position in the ranking was taken by Spain ($X), with a 17% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China amounted to +12.9%.

Import Prices by Country

The average tennis and badminton rackets import price stood at $X per unit in 2022, with a decrease of -23.8% against the previous year. Over the period under review, the import price saw a perceptible setback. The most prominent rate of growth was recorded in 2013 when the average import price increased by 51%. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average import prices remained at a lower figure.

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 Spain ($X per unit), while the price for China totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (-2.4%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tennis, badminton or similar rackets in the world?

China remains the largest tennis and badminton rackets consuming country worldwide, accounting for 38% of total volume. Moreover, tennis and badminton rackets consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. Japan ranked third in terms of total consumption with a 4.9% share.

What are the largest producers of tennis, badminton or similar rackets in the world?

China remains the largest tennis and badminton rackets producing country worldwide, accounting for 90% of total volume. Moreover, tennis and badminton rackets production in China exceeded the figures recorded by the second-largest producer, Japan, more than tenfold.

What are the leading suppliers of tennis, badminton or similar rackets to Chile?

In value terms, the largest tennis and badminton rackets suppliers to Chile were Spain, Japan and Pakistan, with a combined 83% share of total imports.

What are the leading importers of tennis, badminton or similar rackets from Chile?

In value terms, Bolivia remains the key foreign market for tennis and badminton rackets exports from Chile, comprising 57% of total exports. The second position in the ranking was occupied by Germany $730), with a 19% share of total exports. It was followed by Paraguay, with a 16% share.

What is the average export price for tennis, badminton or similar rackets in Chile?

In 2021, the average tennis and badminton rackets export price amounted to $5.1 per unit, with an increase of 17% against the previous year.

What is the average import price for tennis, badminton or similar rackets in Chile?

The average tennis and badminton rackets import price stood at $8.5 per unit in 2021, surging by 32% against the previous year.

This report provides an in-depth analysis of the market for tennis and badminton rackets in Chile. 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:

Chile

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Chile
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023