Report Update Nov 1, 2024

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

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Greece: Market for Tennis, Badminton Or Similar Rackets 2024

Market Size for Tennis, Badminton Or Similar Rackets in Greece

For the fourth consecutive year, the Greek tennis and badminton rackets market recorded growth in sales value, which increased by 1.1% to $X in 2022. Over the period under review, consumption, however, continues to indicate a remarkable increase. Tennis and badminton rackets consumption peaked in 2022 and is expected to retain growth in the near future.

Exports of Tennis, Badminton Or Similar Rackets

Exports from Greece

Tennis and badminton rackets exports from Greece rose markedly to X units in 2022, increasing by 5.3% compared with the previous year. In general, exports saw resilient growth. The most prominent rate of growth was recorded in 2015 with an increase of 1,787%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, tennis and badminton rackets exports soared to $X in 2022. Overall, exports enjoyed buoyant growth. The pace of growth was the most pronounced in 2015 with an increase of 2,612%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

Spain (X units), Italy (X units) and Kuwait (X units) were the main destinations of tennis and badminton rackets exports from Greece, together accounting for 71% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of +404.4%), while the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Cyprus ($X) and Italy ($X) were the largest markets for tennis and badminton rackets exported from Greece worldwide, with a combined 57% share of total exports.

In terms of the main countries of destination, Spain, with a CAGR of +271.3%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average tennis and badminton rackets export price amounted to $X per unit, increasing by 17% against the previous year. Overall, the export price, however, showed a perceptible shrinkage. The pace of growth appeared the most rapid in 2015 when the average export price increased by 43% against the previous year. The export price peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cyprus ($X per unit), while the average price for exports to Kuwait ($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 Bulgaria (+4.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Tennis, Badminton Or Similar Rackets

Imports into Greece

In 2022, after three years of growth, there was significant decline in overseas purchases of tennis, badminton or similar rackets, when their volume decreased by -7.8% to X units. Overall, imports, however, saw buoyant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 53% against the previous year. Imports peaked at X units in 2021, and then dropped in the following year.

In value terms, tennis and badminton rackets imports expanded markedly to $X in 2022. In general, imports, however, posted strong growth. The pace of growth was the most pronounced in 2021 when imports increased by 52%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

China (X units), Germany (X units) and the Netherlands (X units) were the main suppliers of tennis and badminton rackets imports to Greece, with a combined 75% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +84.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and France ($X) appeared to be the largest tennis and badminton rackets suppliers to Greece, with a combined 83% share of total imports. The Netherlands, Pakistan, Bulgaria, Spain and Austria lagged somewhat behind, together accounting for a further 14%.

The Netherlands, with a CAGR of +74.4%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average tennis and badminton rackets import price stood at $X per unit in 2022, increasing by 19% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average import price increased by 62%. 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.

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 China ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

China constituted the country with the largest volume of tennis and badminton rackets consumption, comprising approx. 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. The third position in this ranking was occupied by Japan, with a 4.9% share.

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

China constituted the country with the largest volume of tennis and badminton rackets production, 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 Greece?

In value terms, the largest tennis and badminton rackets suppliers to Greece were Germany, China and France, with a combined 82% share of total imports. The Netherlands, Austria, Romania and Spain lagged somewhat behind, together comprising a further 11%.

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

In value terms, Romania remains the key foreign market for tennis and badminton rackets exports from Greece, comprising 48% of total exports. The second position in the ranking was occupied by Italy, with a 17% share of total exports. It was followed by Cyprus, with a 17% share.

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

The average tennis and badminton rackets export price stood at $8 per unit in 2021, flattening at the previous year.

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

In 2021, the average tennis and badminton rackets import price amounted to $15 per unit, with a decrease of -7.7% against the previous year.

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

Greece

Data coverage:

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