Ireland: Market for Tennis, Badminton Or Similar Rackets 2024

Market Size for Tennis, Badminton Or Similar Rackets in Ireland

The Irish tennis and badminton rackets market totaled $X in 2022, flattening at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded noticeable growth. Tennis and badminton rackets consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Exports of Tennis, Badminton Or Similar Rackets

Exports from Ireland

In 2022, shipments abroad of tennis, badminton or similar rackets decreased by 0% to X units, falling for the second consecutive year after three years of growth. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of 113% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, tennis and badminton rackets exports stood at $X in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of 56% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X units) was the main destination for tennis and badminton rackets exports from Ireland, with a 63% share of total exports. Moreover, tennis and badminton rackets exports to the UK exceeded the volume sent to the second major destination, the United States (X units), threefold. The third position in this ranking was taken by Australia (X units), with a 5.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK totaled +2.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+70.5% per year) and Australia (-18.5% per year).

It was followed by Mexico, with a 6.5% share.

From 2012 to 2022, the average annual growth rate of value to the UK stood at +4.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+82.5% per year) and Mexico (+574.1% per year).

Export Prices by Country

The average tennis and badminton rackets export price stood at $X per unit in 2022, leveling off at the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by 70%. As a result, the export price reached the peak level of $X per unit. From 2018 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 Germany ($X per unit), while the average price for exports to Australia ($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 Mexico (+73.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tennis, Badminton Or Similar Rackets

Imports into Ireland

In 2022, the amount of tennis, badminton or similar rackets imported into Ireland was estimated at X units, approximately mirroring the previous year's figure. In general, imports recorded a noticeable expansion. The pace of growth appeared the most rapid in 2016 when imports increased by 226%. Imports peaked at X units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, tennis and badminton rackets imports amounted to $X in 2022. Over the period under review, imports recorded a tangible increase. The growth pace was the most rapid in 2016 with an increase of 211% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of tennis and badminton rackets to Ireland, accounting for a 67% share of total imports. Moreover, tennis and badminton rackets imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), fivefold. The third position in this ranking was taken by the UK (X units), with an 8.4% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +5.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+6.2% per year) and the UK (-10.8% per year).

In value terms, China ($X) constituted the largest supplier of tennis, badminton or similar rackets to Ireland, comprising 70% of total imports. The second position in the ranking was taken by Germany ($X), with a 12% share of total imports. It was followed by the UK, with an 8.5% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +7.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+10.5% per year) and the UK (-9.7% per year).

Import Prices by Country

The average tennis and badminton rackets import price stood at $X per unit in 2022, approximately reflecting the previous year. Over the period under review, the import price showed tangible growth. The pace of growth was the most pronounced in 2015 when the average import price increased by 64%. As a result, import price reached the peak level of $X per unit. From 2016 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($X per unit) and the UK ($X per unit), while the price for Germany ($X per unit) and Taiwan (Chinese) ($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 (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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