Report Update Nov 1, 2024

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

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Iraq: Market for Tennis, Badminton Or Similar Rackets 2024

Market Size for Tennis, Badminton Or Similar Rackets in Iraq

In 2022, the Iraqi tennis and badminton rackets market decreased by -12.1% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption, however, posted pronounced growth. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Exports of Tennis, Badminton Or Similar Rackets

Exports from Iraq

In 2020, approx. X units of tennis, badminton or similar rackets were exported from Iraq; approximately mirroring the previous year. In general, exports recorded a deep downturn. The smallest decline of 99.9% was in 2016. The exports peaked at X units in 2015; however, from 2016 to 2020, the exports stood at a somewhat lower figure.

In value terms, tennis and badminton rackets exports contracted markedly to $X in 2020. Over the period under review, exports saw a abrupt curtailment. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2020, the exports stood at a somewhat lower figure.

Exports by Country

South Korea (X units) was the main destination for tennis and badminton rackets exports from Iraq, with a approx. 100% share of total exports.

From 2015 to 2020, the average annual growth rate of volume to South Korea was relatively modest.

In value terms, South Korea ($X) emerged as the key foreign market for tennis, badminton or similar rackets exports from Iraq.

From 2015 to 2020, the average annual rate of growth in terms of value to South Korea was relatively modest.

Export Prices by Country

The average tennis and badminton rackets export price stood at $X per unit in 2020, falling by -20.5% against the previous year. Overall, the export price, however, recorded strong growth. The export price peaked at $X per unit in 2019, and then declined remarkably in the following year.

As there is only one major export destination, the average price level is determined by prices for South Korea.

From 2015 to 2020, the rate of growth in terms of prices for Austria amounted to 0.0% per year.

Imports of Tennis, Badminton Or Similar Rackets

Imports into Iraq

After two years of growth, overseas purchases of tennis, badminton or similar rackets decreased by -25.4% to X units in 2022. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 64% against the previous year. Over the period under review, imports reached the peak figure at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, tennis and badminton rackets imports contracted to $X in 2022. Over the period under review, imports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 134%. Imports peaked at $X in 2021, and then contracted slightly in the following year.

Imports by Country

In 2022, China (X units) was the main tennis and badminton rackets supplier to Iraq, accounting for a 93% share of total imports. Moreover, tennis and badminton rackets imports from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X units), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest.

In value terms, China ($X) constituted the largest supplier of tennis, badminton or similar rackets to Iraq, comprising 56% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a 17% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +2.3%.

Import Prices by Country

In 2022, the average tennis and badminton rackets import price amounted to $X per unit, growing by 33% against the previous year. Over the period under review, the import price continues to indicate strong growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by 111%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

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 Arab Emirates ($X per unit), while the price for China amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.7%).

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?

The country with the largest volume of tennis and badminton rackets production was China, comprising approx. 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 Iraq?

In value terms, China constituted the largest supplier of tennis and badminton rackets to Iraq, comprising 42% of total imports. The second position in the ranking was occupied by the United Arab Emirates, with a 19% share of total imports.

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

The average tennis and badminton rackets export price stood at $128 per unit in 2020, increasing by 59% against the previous year.

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

In 2021, the average tennis and badminton rackets import price amounted to $4.8 per unit, growing by 184% against the previous year.

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

Iraq

Data coverage:

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