Kenya - Tennis, Badminton or Similar Rackets - Market Analysis, Forecast, Size, Trends and Insights
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View PricingKenya: Market for Tennis, Badminton Or Similar Rackets 2024
Market Size for Tennis, Badminton Or Similar Rackets in Kenya
The Kenyan tennis and badminton rackets market soared to $X in 2022, with an increase of 78% against 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 enjoyed a prominent expansion. Tennis and badminton rackets consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.
Exports of Tennis, Badminton Or Similar Rackets
Exports from Kenya
In 2022, the amount of tennis, badminton or similar rackets exported from Kenya dropped to X units, declining by -10.6% on the previous year's figure. Over the period under review, exports recorded a sharp descent. The most prominent rate of growth was recorded in 2020 with an increase of 6.9%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.
In value terms, tennis and badminton rackets exports totaled $X in 2022. Overall, exports recorded a sharp curtailment. The most prominent rate of growth was recorded in 2015 with an increase of 11% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.
Exports by Country
Tanzania (X units) was the main destination for tennis and badminton rackets exports from Kenya, accounting for a 72% share of total exports. Moreover, tennis and badminton rackets exports to Tanzania exceeded the volume sent to the second major destination, Estonia (X units), threefold.
From 2012 to 2022, the average annual rate of growth in terms of volume to Tanzania stood at -31.0%.
In value terms, Tanzania ($X) remains the key foreign market for tennis, badminton or similar rackets exports from Kenya, comprising 71% of total exports. The second position in the ranking was held by Estonia ($X), with a 27% share of total exports.
From 2012 to 2022, the average annual growth rate of value to Tanzania totaled -35.1%.
Export Prices by Country
The average tennis and badminton rackets export price stood at $X per unit in 2022, with an increase of 13% against the previous year. Over the period under review, the export price posted a remarkable increase. The pace of growth appeared the most rapid in 2015 when the average export price increased by 123% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($X per unit), while the average price for exports to Tanzania amounted to $X per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (+44.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tennis, Badminton Or Similar Rackets
Imports into Kenya
After two years of decline, supplies from abroad of tennis, badminton or similar rackets increased by 89% to X units in 2022. In general, imports enjoyed slight growth. The most prominent rate of growth was recorded in 2017 with an increase of 233%. Over the period under review, imports attained the maximum at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, tennis and badminton rackets imports surged to $X in 2022. Overall, imports saw a measured increase. The pace of growth was the most pronounced in 2017 with an increase of 125% against the previous year. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.
Imports by Country
In 2022, China (X units) was the main tennis and badminton rackets supplier to Kenya, accounting for a 91% share of total imports. Moreover, tennis and badminton rackets imports from China exceeded the figures recorded by the second-largest supplier, Mauritius (X units), more than tenfold.
From 2012 to 2022, the average annual growth rate of volume from China totaled +1.7%.
In value terms, China ($X) constituted the largest supplier of tennis, badminton or similar rackets to Kenya, comprising 57% of total imports. The second position in the ranking was held by Mauritius ($X), with a 20% share of total imports.
From 2012 to 2022, the average annual rate of growth in terms of value from China was relatively modest.
Import Prices by Country
The average tennis and badminton rackets import price stood at $X per unit in 2022, waning by -14.7% against the previous year. Over the period under review, the import price, however, enjoyed a mild increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 68% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mauritius ($X per unit), while the price for China stood at $X per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mauritius (+98.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for tennis and badminton rackets in Kenya. 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:
- Kenya
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kenya
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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