Lawn-Tennis Balls Price in the United States - 2023
Contents:
- Lawn-Tennis Balls Price in the United States (CIF) - 2023
- Lawn-Tennis Balls Price in the United States (FOB) - 2023
- Lawn-Tennis Balls Imports in the United States
- Lawn-Tennis Balls Exports in the United States
Lawn-Tennis Balls Price in the United States (CIF) - 2023
The average lawn-tennis balls import price stood at $426 per thousand units in September 2023, reducing by -6.6% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 16% month-to-month. As a result, import price reached the peak level of $0.5 per unit. From November 2022 to September 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was the Philippines ($640 per thousand units), while the price for China ($400 per thousand units) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (+1.1%), while the prices for the other major suppliers experienced a decline.
Lawn-Tennis Balls Price in the United States (FOB) - 2023
The average lawn-tennis balls export price stood at $3.6 per unit in September 2023, picking up by 106% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in January 2023 an increase of 152% month-to-month. Over the period under review, the average export prices reached the maximum in September 2023.
Average prices varied noticeably for the major export markets. In September 2023, the country with the highest price was Canada ($3.1 per unit), while the average price for exports to Mexico ($3.0 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (+19.0%), while the prices for the other major destinations experienced mixed trend patterns.
Lawn-Tennis Balls Imports in the United States
In 2022, lawn-tennis balls imports into the United States soared to 189M units, growing by 17% on the previous year. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +8.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 35% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, lawn-tennis balls imports soared to $83M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +7.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Lawn-Tennis Balls in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 40.2 | 29.8 | 35.0 | 43.3 | 2.5% |
| Thailand | 22.3 | 17.0 | 22.4 | 33.6 | 14.6% |
| Philippines | 4.0 | 1.4 | 3.9 | 3.2 | -7.2% |
| Taiwan (Chinese) | 0.6 | 0.6 | 1.0 | 2.3 | 56.5% |
| Others | 0.4 | 0.2 | 0.4 | 0.6 | 14.5% |
| Total | 67.4 | 48.9 | 62.7 | 83.0 | 7.2% |
Top Suppliers of Lawn-Tennis Balls to the United States in 2022:
- China (112.3M units)
- Thailand (67.1M units)
- Philippines (5.3M units)
- Taiwan (Chinese) (3.5M units)
Lawn-Tennis Balls Exports in the United States
In 2022, lawn-tennis balls exports from the United States stood at 308K units, increasing by 14% on the previous year. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The exports peaked at 316K units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
In value terms, lawn-tennis balls exports dropped slightly to $939K in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 6.7% against the previous year. As a result, the exports attained the peak of $963K, and then reduced modestly in the following year.
| Export of Lawn-Tennis Balls in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 376 | 558 | 497 | 380 | 0.4% |
| Mexico | 162 | 148 | 159 | 240 | 14.0% |
| Colombia | 43.2 | 50.0 | 30.4 | 77.3 | 21.4% |
| Venezuela | N/A | N/A | N/A | 13.9 | 0% |
| United Kingdom | 24.1 | 25.4 | 26.8 | 8.7 | -28.8% |
| New Zealand | 15.1 | 9.7 | N/A | 5.1 | -30.4% |
| Others | 297 | 111 | 250 | 214 | -10.3% |
| Total | 918 | 902 | 963 | 939 | 0.8% |
Top Export Markets for Lawn-Tennis Balls from the United States in 2022:
- Canada (165.3K units)
- Mexico (91.1K units)
- Colombia (5.8K units)
- United Kingdom (5.7K units)
- Venezuela (5.6K units)
- New Zealand (0.6K units)
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