Report Update Nov 1, 2024

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

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Russian Federation: Market for Tennis, Badminton Or Similar Rackets 2024

Market Size for Tennis, Badminton Or Similar Rackets in the Russian Federation

In 2022, after two years of growth, there was significant decline in the Russian tennis and badminton rackets market, when its value decreased by -28.7% to $X. Overall, consumption, however, saw a resilient expansion. As a result, consumption attained the peak level of $X, and then declined dramatically in the following year.

Exports of Tennis, Badminton Or Similar Rackets

Exports from the Russian Federation

In 2022, the amount of tennis, badminton or similar rackets exported from Russia declined dramatically to X units, with a decrease of -27.9% on 2021. Overall, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2019 when exports increased by 136%. The exports peaked at X units in 2021, and then dropped sharply in the following year.

In value terms, tennis and badminton rackets exports reduced sharply to $X in 2022. In general, exports, however, saw a strong expansion. The pace of growth was the most pronounced in 2019 with an increase of 114% against the previous year. The exports peaked at $X in 2021, and then declined remarkably in the following year.

Exports by Country

Kazakhstan (X units), Belarus (X units) and Ukraine (X units) were the main destinations of tennis and badminton rackets exports from Russia, together accounting for 90% of total exports. These countries were followed by Armenia, which accounted for a further 9.6%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Armenia (with a CAGR of +98.3%), while the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X) remains the key foreign market for tennis, badminton or similar rackets exports from Russia, comprising 63% of total exports. The second position in the ranking was held by Belarus ($X), with an 18% share of total exports. It was followed by Ukraine, with a 9.7% share.

From 2012 to 2022, the average annual growth rate of value to Kazakhstan amounted to +9.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (+31.6% per year) and Ukraine (+77.4% per year).

Export Prices by Country

The average tennis and badminton rackets export price stood at $X per unit in 2022, growing by 5.2% against the previous year. Overall, the export price, however, saw a abrupt descent. The growth pace was the most rapid in 2017 an increase of 20% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2013; however, from 2014 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 Kazakhstan ($X per unit), while the average price for exports to Belarus ($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 Ukraine (+0.3%), while the prices for the other major destinations experienced a decline.

Imports of Tennis, Badminton Or Similar Rackets

Imports into the Russian Federation

In 2022, after two years of growth, there was significant decline in overseas purchases of tennis, badminton or similar rackets, when their volume decreased by -33.4% to X units. Over the period under review, imports, however, enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2021 when imports increased by 204% against the previous year. As a result, imports reached the peak of X units, and then reduced markedly in the following year.

In value terms, tennis and badminton rackets imports fell sharply to $X in 2022. In general, imports, however, saw moderate growth. The most prominent rate of growth was recorded in 2021 when imports increased by 74% against the previous year. As a result, imports attained the peak of $X, and then declined remarkably in the following year.

Imports by Country

In 2022, China (X units) was the main tennis and badminton rackets supplier to Russia, accounting for a approx. 99.9% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +8.4%.

In value terms, China ($X) constituted the largest supplier of tennis, badminton or similar rackets to Russia.

From 2012 to 2022, the average annual growth rate of value from China amounted to +3.5%.

Import Prices by Country

In 2022, the average tennis and badminton rackets import price amounted to $X per unit, surging by 18% against the previous year. Overall, the import price, however, saw a noticeable decrease. The pace of growth appeared the most rapid in 2013 an increase of 53% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -4.5% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

The country with the largest volume of tennis and badminton rackets consumption was China, 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?

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

In value terms, China constituted the largest supplier of tennis and badminton rackets to Russia, comprising 97% of total imports. The second position in the ranking was occupied by Belarus, with a 0.5% share of total imports.

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

In value terms, Kazakhstan, Belarus and Ukraine were the largest markets for tennis and badminton rackets exported from Russia worldwide, with a combined 88% share of total exports. Armenia, Poland, Uzbekistan and Kyrgyzstan lagged somewhat behind, together comprising a further 10%.

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

In 2021, the average tennis and badminton rackets export price amounted to $2.9 per unit, falling by -8.7% against the previous year.

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

The average tennis and badminton rackets import price stood at $1.9 per unit in 2021, jumping by 24% against the previous year.

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

Russia

Data coverage:

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