Morocco - Tennis, Badminton Or Similar Rackets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Tennis and Badminton Rackets in Morocco - 2022
Contents:
- Price for Tennis and Badminton Rackets in Morocco (FOB) - 2022
- Price for Tennis and Badminton Rackets in Morocco (CIF) - 2022
- Exports of Tennis and Badminton Rackets in Morocco
- Imports of Tennis and Badminton Rackets in Morocco
Price for Tennis and Badminton Rackets in Morocco (FOB) - 2022
In 2022, the average tennis and badminton rackets export price amounted to $13 per unit, dropping by -99.4% against the previous year. Overall, the export price, however, continues to indicate tangible growth. The pace of growth appeared the most rapid in 2021 when the average export price increased by 13,144% against the previous year. As a result, the export price reached the peak level of $2,211 per unit, and then contracted dramatically in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($72 per unit), while the average price for exports to Spain ($13 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+25.7%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Tennis and Badminton Rackets in Morocco (CIF) - 2022
The average tennis and badminton rackets import price stood at $21 per unit in 2022, falling by -44.5% against the previous year. Over the period under review, the import price, however, enjoyed a slight expansion. The pace of growth appeared the most rapid in 2015 an increase of 78% against the previous year. Over the period under review, average import prices hit record highs at $48 per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Italy ($23 per unit) and China ($21 per unit), while the price for Pakistan ($18 per unit) and Spain ($19 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tennis and Badminton Rackets in Morocco
In 2022, the amount of tennis, badminton or similar rackets exported from Morocco soared to 174K units, growing by 16,492% compared with 2021 figures. In general, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, tennis and badminton rackets exports dropped slightly to $2.2M in 2022. Overall, exports posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 91%. Over the period under review, the exports attained the peak figure at $2.3M in 2021, and then shrank slightly in the following year.
| Export of Tennis and Badminton Rackets in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 599 | 1,012 | 1,741 | 1,967 | 48.6% |
| Sweden | 28.5 | 177 | 398 | 166 | 79.9% |
| Others | 25.0 | 55.5 | 185 | 78.8 | 46.6% |
| Total | 653 | 1,245 | 2,324 | 2,211 | 50.2% |
Top Export Markets for Tennis and Badminton Rackets from Morocco in 2022:
- Spain (156.6K units)
- Sweden (12.5K units)
Imports of Tennis and Badminton Rackets in Morocco
In 2022, tennis and badminton rackets imports into Morocco soared to 42K units, picking up by 161% on the previous year. Over the period under review, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, tennis and badminton rackets imports surged to $898K in 2022. In general, imports showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 86% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the near future.
| Import of Tennis and Badminton Rackets in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 432 | 313 | 590 | 812 | 23.4% |
| Spain | 2.4 | 8.8 | 10.2 | 32.6 | 138.6% |
| Pakistan | 0.5 | 1.0 | 6.8 | 25.1 | 268.9% |
| Italy | 4.7 | 1.0 | 0.2 | 14.5 | 45.6% |
| Others | 13.1 | 8.6 | 11.9 | 13.8 | 1.8% |
| Total | 452 | 332 | 620 | 898 | 25.7% |
Top Suppliers of Tennis and Badminton Rackets to Morocco in 2022:
- China (38.1K units)
- Spain (1.7K units)
- Pakistan (1.4K units)
- Italy (0.6K units)
This report provides an in-depth analysis of the market for tennis and badminton rackets in Morocco. 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:
- Morocco
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Morocco
- 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
-
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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