Lawn-Tennis Balls Price in China - 2023
Contents:
- Lawn-Tennis Balls Price in China (FOB) - 2022
- Lawn-Tennis Balls Price in China (CIF) - 2022
- Lawn-Tennis Balls Exports in China
- Lawn-Tennis Balls Imports in China
Lawn-Tennis Balls Price in China (FOB) - 2022
In 2022, the average lawn-tennis balls export price amounted to $0.5 per unit, increasing by 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The pace of growth was the most pronounced in 2016 when the average export price increased by 19%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($0.8 per unit), while the average price for exports to Bangladesh ($0.2 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 Spain (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.
Lawn-Tennis Balls Price in China (CIF) - 2022
The average lawn-tennis balls import price stood at $0.6 per unit in 2022, remaining relatively unchanged against the previous year. Overall, the import price showed a slight reduction. The pace of growth appeared the most rapid in 2016 when the average import price increased by 9.8%. The import price peaked at $0.7 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Philippines ($0.9 per unit), while the price for Thailand stood at $0.4 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (-2.8%), while the prices for the other major suppliers experienced a decline.
Lawn-Tennis Balls Exports in China
Lawn-tennis balls exports from China rose significantly to 248M units in 2022, surging by 11% against 2021. The total export volume increased at an average annual rate of +7.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 21% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, lawn-tennis balls exports skyrocketed to $114M in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +16.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 35% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Lawn-Tennis Balls in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 36.2 | 30.5 | 35.9 | 43.8 | 6.6% |
| France | 5.9 | 5.8 | 8.5 | 13.1 | 30.5% |
| Austria | 3.3 | 4.4 | 10.6 | 11.2 | 50.3% |
| United Kingdom | 4.6 | 4.6 | 5.6 | 6.4 | 11.6% |
| Spain | 0.6 | 0.7 | 1.4 | 3.0 | 71.0% |
| Australia | 1.9 | 2.0 | 1.9 | 2.8 | 13.8% |
| Canada | 2.5 | 1.9 | 2.4 | 2.6 | 1.3% |
| Bangladesh | 1.7 | 1.2 | 0.8 | 0.5 | -33.5% |
| Others | 16.3 | 15.4 | 22.9 | 30.4 | 23.1% |
| Total | 73.0 | 66.5 | 90.1 | 114 | 16.0% |
Top Export Markets for Lawn-Tennis Balls from China in 2022:
- United States (122.5M units)
- France (19.7M units)
- Austria (16.2M units)
- United Kingdom (13.0M units)
- Canada (8.6M units)
- Australia (7.3M units)
- Spain (3.9M units)
- Bangladesh (2.7M units)
Lawn-Tennis Balls Imports in China
In 2022, imports of lawn-tennis ballses into China skyrocketed to 11M units, increasing by 64% on 2021. In general, imports recorded a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, lawn-tennis balls imports surged to $6.5M in 2022. Over the period under review, imports continue to indicate a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Lawn-Tennis Balls in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 1.9 | 1.5 | 1.8 | 3.3 | 20.2% |
| Philippines | 1.9 | 1.3 | 2.0 | 3.0 | 16.4% |
| Others | 0.1 | 0.3 | 0.2 | 0.2 | 26.0% |
| Total | 3.9 | 3.2 | 4.0 | 6.5 | 18.6% |
Top Suppliers of Lawn-Tennis Balls to China in 2022:
- Thailand (7.5M units)
- Philippines (3.3M units)
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