France: Market for Tennis, Badminton Or Similar Rackets 2024

Market Size for Tennis, Badminton Or Similar Rackets in France

In 2022, the French tennis and badminton rackets market increased by 172% to $X, rising for the second year in a row after four years of decline. In general, consumption posted a significant expansion. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the near future.

Exports of Tennis, Badminton Or Similar Rackets

Exports from France

For the third year in a row, France recorded growth in shipments abroad of tennis, badminton or similar rackets, which increased by 9% to X units in 2022. Overall, exports saw tangible growth. The most prominent rate of growth was recorded in 2015 when exports increased by 84% against the previous year. Over the period under review, the exports attained the maximum at X units in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, tennis and badminton rackets exports expanded notably to $X in 2022. Over the period under review, total exports indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.0% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 31%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

Spain (X units) was the main destination for tennis and badminton rackets exports from France, accounting for a 34% share of total exports. Moreover, tennis and badminton rackets exports to Spain exceeded the volume sent to the second major destination, Italy (X units), threefold. The third position in this ranking was taken by Germany (X units), with an 8.7% share.

From 2012 to 2022, the average annual growth rate of volume to Spain amounted to +4.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+7.6% per year) and Germany (+2.6% per year).

In value terms, the largest markets for tennis and badminton rackets exported from France were Spain ($X), Italy ($X) and Germany ($X), with a combined 53% share of total exports. The Netherlands, Belgium, the UK, Poland, Denmark, Sweden, Austria, Portugal, the Czech Republic and Switzerland lagged somewhat behind, together comprising a further 31%.

Denmark, with a CAGR of +26.5%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average tennis and badminton rackets export price stood at $X per unit in 2022, growing by 2.5% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by 138% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per unit), while the average price for exports to Denmark ($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 the Czech Republic (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tennis, Badminton Or Similar Rackets

Imports into France

In 2022, approx. X units of tennis, badminton or similar rackets were imported into France; picking up by 79% against the previous year's figure. In general, imports continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2018 when imports increased by 95% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, tennis and badminton rackets imports surged to $X in 2022. Over the period under review, imports showed strong growth. The pace of growth appeared the most rapid in 2021 with an increase of 56%. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, China (X units) constituted the largest supplier of tennis and badminton rackets to France, accounting for a 66% share of total imports. Moreover, tennis and badminton rackets imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), sevenfold. Belgium (X units) ranked third in terms of total imports with a 9% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +8.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+29.8% per year) and Belgium (+49.1% per year).

In value terms, China ($X) constituted the largest supplier of tennis, badminton or similar rackets to France, comprising 66% of total imports. The second position in the ranking was taken by Germany ($X), with an 11% share of total imports. It was followed by Belgium, with an 8.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+27.7% per year) and Belgium (+41.8% per year).

Import Prices by Country

In 2022, the average tennis and badminton rackets import price amounted to $X per unit, declining by -28.4% against the previous year. Over the period under review, the import price saw a deep downturn. The pace of growth was the most pronounced in 2016 an increase of 140% against the previous year. As a result, import price attained the peak level of $X per unit. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($X per unit) and Japan ($X per unit), while the price for Italy ($X per unit) and Belgium ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-1.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :