Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Uganda - 2022

Contents:

  1. Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Uganda (CIF) - 2022
  2. Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Uganda (FOB) - 2022
  3. Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Uganda
  4. Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Uganda

Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Uganda (CIF) - 2022

In 2022, the average import price for tennis, badminton and similar racquets; whether or not strung amounted to $1.6 per unit, which is down by -64% against the previous year. In general, the import price saw a noticeable setback. The pace of growth was the most pronounced in 2018 an increase of 89%. As a result, import price attained the peak level of $5.1 per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($4.2 per unit), while the price for Kenya ($0.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-3.5%), while the prices for the other major suppliers experienced a decline.

Price for Tennis, Badminton and Similar Racquets; Whether or Not Strung in Uganda (FOB) - 2022

The average export price for tennis, badminton and similar racquets; whether or not strung stood at $28 per unit in 2022, rising by 2.3% against the previous year. In general, the export price showed a strong expansion. The most prominent rate of growth was recorded in 2019 an increase of 102%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($36 per unit), while the average price for exports to Rwanda ($11 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 South Sudan (+69.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Uganda

In 2022, supplies from abroad of tennis, badminton and similar racquets; whether or not strung increased by 249% to 1.9K units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a abrupt decrease. Imports peaked at 2.4K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of tennis, badminton and similar racquets; whether or not strung skyrocketed to $4K in 2022. Overall, imports, however, recorded a sharp setback. Imports peaked at $9.4K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Uganda (USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4,5473,1951,4541,429-32.0%
India1,30715.0137518-26.5%
France634297115461-10.1%
South Africa1,70634.0241446-36.1%
United Arab Emirates43264.026.0284-13.0%
United States96.03.048.017021.0%
Kenya14772.032.0109-9.5%
Others5302641986124.9%
Total9,3993,9442,2514,029-24.6%

Top Suppliers of Tennis, Badminton and Similar Racquets; Whether or Not Strung to Uganda in 2022:

  1. India (549.0 units)
  2. China (352.0 units)
  3. Kenya (332.0 units)
  4. France (232.0 units)
  5. United Arab Emirates (119.0 units)
  6. South Africa (107.0 units)
  7. United States (103.0 units)

Exports of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Uganda

In 2022, after three years of growth, there was significant decline in overseas shipments of tennis, badminton and similar racquets; whether or not strung, when their volume decreased by -33.3% to 10 units. Over the period under review, exports showed a deep downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 7.7% against the previous year. Over the period under review, the exports of hit record highs at 15 units in 2021, and then dropped significantly in the following year.

In value terms, exports of tennis, badminton and similar racquets; whether or not strung declined to $278 in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +6.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -27.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 67%. As a result, the exports reached the peak of $383. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Tennis, Badminton and Similar Racquets; Whether or Not Strung in Uganda (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Democratic Republic of the Congo95.044.037.021531.3%
Rwanda55.033.07.033.0-15.7%
Kenya80.044.08.030.0-27.9%
NorwayN/AN/A185N/A0%
South KoreaN/AN/A89.0N/A0%
South SudanN/A262N/AN/A0%
OthersN/AN/AN/AN/A0%
Total2303833262786.5%

Top Export Markets for Tennis, Badminton and Similar Racquets; Whether or Not Strung from Uganda in 2022:

  1. Democratic Republic of the Congo (6.0 units)
  2. Rwanda (3.0 units)
  3. Kenya (1.0 units)

Source: IndexBox Market Intelligence Platform

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