Netherlands: Market for Tennis, Badminton Or Similar Rackets 2024

Market Size for Tennis, Badminton Or Similar Rackets in the Netherlands

The Dutch tennis and badminton rackets market soared to $X in 2022, picking up by 161% 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). Over the period under review, consumption recorded a strong expansion. Tennis and badminton rackets consumption peaked in 2022 and is likely to continue growth in the near future.

Exports of Tennis, Badminton Or Similar Rackets

Exports from the Netherlands

In 2022, shipments abroad of tennis, badminton or similar rackets increased by 125% to X units, rising for the fourth year in a row after two years of decline. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 238%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, tennis and badminton rackets exports soared to $X in 2022. In general, exports posted a remarkable increase. The most prominent rate of growth was recorded in 2016 with an increase of 207%. The exports peaked in 2022 and are likely to see steady growth in the near future.

Exports by Country

Spain (X units), Germany (X units) and Italy (X units) were the main destinations of tennis and badminton rackets exports from the Netherlands, together comprising 50% of total exports. Sweden, France, Belgium, Ireland, the UK, Finland, the Czech Republic, Hungary and Lithuania lagged somewhat behind, together comprising a further 37%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Finland (with a CAGR of +86.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for tennis and badminton rackets exported from the Netherlands were Spain ($X), Germany ($X) and Italy ($X), with a combined 49% share of total exports. France, Belgium, Sweden, the UK, Ireland, Finland, the Czech Republic, Lithuania and Hungary lagged somewhat behind, together comprising a further 36%.

Finland, with a CAGR of +78.2%, recorded the highest rates of growth with regard to 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, waning by -34.1% against the previous year. In general, the export price continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2016 an increase of 30%. Over the period under review, the average export prices attained the maximum at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat 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 France ($X per unit), while the average price for exports to Sweden ($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 France (-0.4%), while the prices for the other major destinations experienced a decline.

Imports of Tennis, Badminton Or Similar Rackets

Imports into the Netherlands

In 2022, purchases abroad of tennis, badminton or similar rackets increased by 134% to X units, rising for the third consecutive year after two years of decline. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 218%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, tennis and badminton rackets imports soared to $X in 2022. Overall, imports saw a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of 160%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

China (X units), Germany (X units) and France (X units) were the main suppliers of tennis and badminton rackets imports to the Netherlands, together accounting for 78% of total imports. Pakistan, Spain, Austria and Belgium lagged somewhat behind, together comprising a further 17%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +121.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest tennis and badminton rackets suppliers to the Netherlands were China ($X), Germany ($X) and France ($X), with a combined 77% share of total imports. Pakistan, Austria, Spain and Belgium lagged somewhat behind, together comprising a further 17%.

Austria, with a CAGR of +338.7%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average tennis and badminton rackets import price amounted to $X per unit, dropping by -33.4% against the previous year. Over the period under review, the import price recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2015 an increase of 143% against the previous year. As a result, import price attained the peak level of $X per unit. From 2016 to 2022, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Austria ($X per unit) and Germany ($X per unit), while the price for Pakistan ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-8.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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