The 2011 Import and Export
Market for Tennis, Badminton,
and Similar Rackets in
Thailand
By
Professor Philip M. Parker, Ph. D.
Chaired Professor of Management Science
INSEAD (Singapore & Fontainebleau, France)
www.icongrouponline.com ©2011 ICON Group Ltd.
ii
COPYRIGHT NOTICE
00046191-0G
All of ICON Group Ltd. publications are copyrighted. Copying our publications in whole or in part, for whatever
reason, is a violation of copyrights laws and can lead to penalties and fines.
Should you want to copy tables, graphs or other materials from our publications, please contact us to request
permission. ICON Group Ltd. often grants permission for very limited reproduction of our publications for internal
use, press releases, and academic research. Such reproduction requires, however, confirmed permission from ICON
Group Ltd. Please read the full copyright notice, disclaimer, and user agreement provisions at the end of this
report.
IMPORTANT DISCLAIMER
Neither ICON Group Ltd. nor its employees can be held accountable for the use and subsequent actions of the user of
the information provided in this publication. Great efforts have been made to ensure the accuracy of the data, but we
can not guarantee, given the volume of information, accuracy. Since the information given in this report is
forward-looking, the reader should read the disclaimer statement and user agreement provisions at the end of
this report.
www.icongrouponline.com ©2011 ICON Group Ltd.
iii
About the Author
Dr. Philip M. Parker is the Eli Lilly Chaired Professor of Innovation, Business and Society at
INSEAD where he has taught courses on multivariate statistics and global competitive strategy
since 1988. He has also taught courses at MIT, Stanford University, Harvard University, UCLA,
UCSD, and the Hong Kong University of Science and Technology. He is the author of six books
on the economic convergence of nations. These books introduce the notion of “physioeconomics”
which foresees a lack of global convergence in economic behaviors due to physiological and
physiographic forces. His latest book is "Physioeconomics: The Basis for Long-Run Economic
Growth" (MIT Press 2000). He has also published numerous articles in academic journals,
including The Rand Journal of Economics, Marketing Science, the Journal of International
Business Studies, Technological Forecasting and Social Change, International Journal of
Forecasting, the European Management Journal, the European Journal of Operational
Research, Journal of Marketing, International Journal of Research in Marketing, and Journal of
Marketing Research. He is also on the editorial boards of several academic journals.
Dr. Parker received his Ph.D. in Business Economics from the Wharton School of the University
of Pennsylvania and has Masters degrees in Finance and Banking (University of Aix-Marseille)
and Managerial Economics (Wharton). His undergraduate degrees are in mathematics, biology
and economics (minor in aeronautical engineering). He has consulted and/or taught courses in
Africa, the Middle East, Asia, Latin America, North America and Europe.
About this Series
This series was created for international firms who rely on foreign export markets for a
substantial portion of their business or who might be threatened by foreign trade competition.
The estimates given in this report were created using a methodology developed by and under the
direct supervision of Professor Philip M. Parker, the Eli Lilly Chaired Professor of Innovation,
Business and Society, at INSEAD. The methodology, relying on historical figures of economic
growth and trade flows, estimates the market shares of some 150 countries for over 500 industrial
or product categories. The figures should be seen as market estimates, as opposed to historical
records, as these are projected for the current year of trade.
Acknowledgements
Some of the methodologies and research approaches used in this report have benefited from the
R&D Committee at INSEAD, whose research support is gratefully acknowledged. Additional
editorial assistance from Tiffany LaRochelle, ICON Group International, Inc., is also
acknowledged.
www.icongrouponline.com ©2011 ICON Group Ltd.
iv
About ICON Group Ltd.
ICON Group Ltd.’s primary mission is to assist managers with their international information
needs. U.S.-owned and operated, ICON Group has field offices in Paris, Hong Kong and Lomé,
Togo (West Africa). Created in 1994, ICON Group has published hundreds of multi-client
databases, and global/regional market data, industry and country publications.
Global/Regional Management Studies. Summarizing over 190 countries, management studies
are generally organized into regional volumes and cover key management functions. The human
resource series covers minimum wages, child labor, unionization and collective bargaining. The
international law series covers media control and censorship, search and seizure, and trial justice
and punishment. The diversity management series covers a variety of environmental context
drivers that effect global operations. These include women’s rights, children’s rights,
discrimination/racism, and religious forces and risks. Global strategic planning studies cover
economic risk assessments, political risk assessments, foreign direct investment strategy,
intellectual property strategy, and export strategies. Financial management studies cover taxes
and tariffs. Global marketing studies focus on target segments (e.g. seniors, children, women) and
strategic marketing planning.
Country Studies. Often managers need an in-depth, yet broad and up-to-date understanding of a
country’s strategic market potential and situation before the first field trip or investment proposal.
There are over 190 country studies available. Each study consists of analysis, statistics, forecasts,
and information of relevance to managers. The studies are continually updated to insure that the
reports have the most relevant information available. In addition to raw information, the reports
provide relevant analyses which put a more general perspective on a country (seen in the context
of relative performance vis-à-vis benchmarks).
Industry Studies. Companies are racing to become more international, if not global in their
strategies. For over 2000 product/industry categories, these reports give the reader a concise
summary of latent market forecasts, pro-forma financials, import competition profiles, contacts,
key references and trends across 200 countries of the world. Some reports focus on a particular
product and region (up to four regions per product), while others focus on a product within a
particular country.
Orders & Customer Service
ICON Group International, Inc.
7404 Trade St.
San Diego, CA 92121
USA
Tel: (858) 635 9410
Fax: (858) 635 9414
E-mail: orders@icongroupbooks.com
www.icongrouponline.com
www.icongrouponline.com ©2011 ICON Group Ltd.
Contents v
Table of Contents
1 INTRODUCTION AND METHODOLOGY 6
2 THAILAND AND THE WORLD MARKET 8
2.1 Imports in Thailand in 2011 8
2.2 Exports from Thailand in 2011 8
3 IMPORTS IN THAILAND 9
3.1 Asia 9
3.1.1 China 9
3.1.2 Hong Kong 10
3.1.3 Japan 11
3.1.4 Taiwan 12
3.1.5 Vietnam 13
3.2 Europe 14
3.2.1 France 14
3.3 North America & the Caribbean 15
3.3.1 the United States 15
4 EXPORTS FROM THAILAND 16
4.1 Africa 16
4.1.1 South Africa 16
4.2 Asia 16
4.2.1 Singapore 16
4.3 North America & the Caribbean 17
4.3.1 the United States 17
5 DISCLAIMERS, WARRANTEES, AND USER AGREEMENT PROVISIONS 18
5.1 Disclaimers & Safe Harbor 18
5.2 ICON Group Ltd. User Agreement Provisions 19
www.icongrouponline.com ©2011 ICON Group Ltd.
Tennis, Badminton, and Similar Rackets in Thailand 6
1 INTRODUCTION AND METHODOLOGY
On the demand side, exporters and strategic planners focusing on tennis, badminton, and similar
rackets in Thailand face a number of questions. Which countries are supplying tennis,
badminton, and similar rackets to Thailand? How important is Thailand compared to others in
terms of the entire global and regional market? How much do the imports of tennis, badminton,
and similar rackets vary from one country of origin to another in Thailand? On the supply side,
Thailand also exports tennis, badminton, and similar rackets. Which countries receive the most
exports from Thailand? How are these exports concentrated across buyers? What is the value of
these exports and which countries are the largest buyers?
This report was created for strategic planners, international marketing executives and
import/export managers who are concerned with the market for tennis, badminton, and similar
rackets in Thailand. With the globalization of this market, managers can no longer be contented
with a local view. Nor can managers be contented with out-of-date statistics which appear
several years after the fact. I have developed a methodology, based on macroeconomic and trade
models, to estimate the market for tennis, badminton, and similar rackets for those countries
serving Thailand via exports, or supplying from Thailand via imports. It does so for the current
year based on a variety of key historical indicators and econometric models.
In what follows, Chapter 2 begins by summarizing where Thailand fits into the world market for
imported and exported tennis, badminton, and similar rackets. The total level of imports and
exports on a worldwide basis, and those for Thailand in particular, is estimated using a model
which aggregates across over 150 key country markets and projects these to the current year.
From there, each country represents a percent of the world market. This market is served from a
number of competitive countries of origin. Based on both demand- and supply-side dynamics,
market shares by country of origin are then calculated across each country market destination.
These shares lead to a volume of import and export values for each country and are aggregated to
regional and world totals. In doing so, we are able to obtain maximum likelihood estimates of
both the value of each market and the share that Thailand is likely to receive this year. From
these figures, rankings are calculated to allow managers to prioritize Thailand compared to other
major country markets. In this way, all the figures provided in this report are forecasts that can
be combined with internal information sources for strategic planning purposes.
After the worldwide summary in Chapter 2 of both imports and exports of tennis, badminton, and
similar rackets, Chapter 3 goes into detail on imports, but for each major country of origin
serving Thailand. A “major” market is defined as a country where Thailand represents a
substantially large share of either imports or exports. For each major country exporting to
Thailand, one can thus observe how important Thailand is to that exporting country compared to
other countries of the world. Chapter 4 does the same, but for exports of tennis, badminton, and
similar rackets originating from Thailand, for each major country of destination. In doing so, one
can discover the share that Thailand has in each major market; this share value is often used as a
measure of competitiveness for Thailand. In all cases, the total dollar volume and percentage
www.icongrouponline.com ©2011 ICON Group Ltd.
Tennis, Badminton, and Similar Rackets in Thailand 7
share values by major trading partner are provided. Combined, Chapters 3 and 4 present a the
total picture for imports and exports of tennis, badminton, and similar rackets to and from
Thailand to and from all other major countries in the world. "Tennis, Badminton, and Similar
Rackets" as a category is defined in this report following the definition given by the United
Nations Statistics Division Classification Registry using the Standard International Trade
Classification, Revision 3 (SITC, Rev. 3). The SITC code that defined "tennis, badminton, and
similar rackets" is 89476 . For more information on this definition, please refer to the following
web site:
http://unstats.un.org/unsd/cr/registry/regcs.asp?Cl=14&Lg=1&Co=894 .
This report is updated on an annual basis. To ensure that you have the most current version,
please check the web site of ICON Group at www.icongrouponline.com.
Important Caveat. The figures should be seen as market estimates, as opposed to historical
records, as these are forecasted for the current year of trade. More importantly, in light of the fact
that unforeseeable factors might interrupt markets in achieving their reported levels, the figures
should be seen as estimates of potential. For example, "mad cow" disease, foot-and-mouth
disease, trade embargoes, military conflicts, acts of terrorism and other events will certainly
affect the actual trade flows recorded for a variety of industry or product categories. In such
cases, the difference between the numbers given in this report and the numbers actually observed
might be interpreted as the "net loss" or "net gain" due to these exogenous events affecting
regular trade flows that would have occurred had these events not have taken place.
www.icongrouponline.com ©2011 ICON Group Ltd.
Tennis, Badminton, and Similar Rackets in Thailand 8
2 THAILAND AND THE WORLD MARKET
2.1 IMPORTS IN THAILAND IN 2011
Imported Tennis, Badminton, and Similar Rackets in Thailand, 2011
(Structure of Foreign Import Competition)
Country of Origin Rank Value (000 US$) % Share Cumulative %
_________________________________________________________________________________________________________
China 1 4,730 80.44 80.44
Japan 2 714 12.14 92.59
Taiwan 3 274 4.66 97.24
the United States 4 148 2.52 99.76
Hong Kong 5 8 0.14 99.90
Vietnam 6 5 0.09 99.98
France 7 1 0.02 100.00
Total 5,880 100.00 100.00
_________________________________________________________________________________________________________
Source: Philip M. PARKER, Professor, INSEAD, copyright 2011, www.icongrouponline.com
2.2 EXPORTS FROM THAILAND IN 2011
Tennis, Badminton, and Similar Rackets Exports from Thailand, 2011
Country of Destination Rank Value (000 US$) % Share Cumulative %
_________________________________________________________________________________________________________
the United States 1 16 51.61 51.61
South Africa 2 14 45.16 96.77
Singapore 3 1 3.23 100.00
Total 31 100.00 100.00
_________________________________________________________________________________________________________
Source: Philip M. PARKER, Professor, INSEAD, copyright 2011, www.icongrouponline.com
www.icongrouponline.com ©2011 ICON Group Ltd.
Tennis, Badminton, and Similar Rackets in Thailand 9
3 IMPORTS IN THAILAND
3.1 ASIA
3.1.1 China
Tennis, Badminton, and Similar Rackets Exports from China, 2011
Country of Destination Rank Value (000 US$) % Share Cumulative %
_________________________________________________________________________________________________________
Hong Kong 1 107,150 21.88 21.88
the United States 2 104,253 21.29 43.17
France 3 51,479 10.51 53.68
Japan 4 40,760 8.32 62.01
the Netherlands 5 33,102 6.76 68.77
Germany 6 19,264 3.93 72.70
Belgium 7 14,354 2.93 75.63
South Korea 8 13,129 2.68 78.31
Malaysia 9 13,076 2.67 80.98
Canada 10 10,723 2.19 83.17
China 11 9,962 2.03 85.21
Austria 12 9,548 1.95 87.16
Australia 13 8,182 1.67 88.83
Singapore 14 5,521 1.13 89.95
Thailand 15 4,730 0.97 90.92
Czech Republic 16 4,141 0.85 91.77
Argentina 17 3,696 0.75 92.52
Russia 18 3,567 0.73 93.25
Mexico 19 3,323 0.68 93.93
South Africa 20 3,308 0.68 94.60
Indonesia