Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in India - 2023
Contents:
- Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in India (FOB) - 2022
- Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in India (CIF) - 2023
- Exports of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in India
- Imports of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in India
Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in India (FOB) - 2022
In 2022, the average export price for balls; (other than inflatable or for lawn-tennis, golf or table-tennis) amounted to $2.5 per unit, reducing by -3.2% against the previous year. Overall, the export price recorded a slight contraction. The pace of growth was the most pronounced in 2021 when the average export price increased by 8.4%. The export price peaked at $2.9 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
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 Japan ($5.1 per unit), while the average price for exports to Bangladesh ($0.6 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 the United States (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in India (CIF) - 2023
The average import price for balls; (other than inflatable or for lawn-tennis, golf or table-tennis) stood at $169 per thousand units in November 2023, growing by 108% against the previous month. In general, the import price enjoyed a moderate increase. The pace of growth was the most pronounced in February 2023 an increase of 222% against the previous month. Over the period under review, average import prices hit record highs at $275 per thousand units in March 2023; however, from April 2023 to November 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From November 2022 to November 2023, the rate of growth in terms of prices for China amounted to +7.2% per month.
Exports of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in India
In 2022, the amount of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) exported from India soared to 10M units, with an increase of 31% compared with the previous year. In general, total exports indicated a measured increase from 2019 to 2022: its volume increased at an average annual rate of +4.8% 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 +56.5% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) soared to $26M in 2022. Over the period under review, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +8.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.2% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 29%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 4.9 | 4.4 | 6.8 | 7.8 | 16.8% |
| United Kingdom | 5.9 | 4.9 | 5.4 | 7.3 | 7.4% |
| United States | 1.3 | 1.1 | 1.6 | 2.0 | 15.4% |
| South Africa | 1.6 | 0.8 | 0.8 | 1.6 | 0.0% |
| France | 1.2 | 0.8 | 1.2 | 1.5 | 7.7% |
| New Zealand | 1.2 | 0.9 | 1.1 | 0.8 | -12.6% |
| Japan | 1.0 | 0.9 | 0.6 | 0.6 | -15.7% |
| Netherlands | 0.3 | 0.2 | 0.4 | 0.5 | 18.6% |
| Ireland | 0.3 | 0.3 | 0.4 | 0.4 | 10.1% |
| Bangladesh | 0.1 | 0.1 | N/A | 0.3 | 44.2% |
| Others | 3.2 | 1.7 | 2.4 | 3.5 | 3.0% |
| Total | 20.9 | 16.1 | 20.7 | 26.4 | 8.1% |
Top Export Markets for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) from India in 2022:
- Australia (3018.4K units)
- United Kingdom (2982.9K units)
- United States (678.5K units)
- South Africa (641.3K units)
- Bangladesh (536.7K units)
- France (488.1K units)
- Netherlands (361.3K units)
- New Zealand (321.4K units)
- Ireland (176.5K units)
- Japan (109.3K units)
Imports of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in India
In 2022, imports of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) into India fell markedly to 19M units, which is down by -26.1% compared with 2021 figures. Over the period under review, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 86% against the previous year. As a result, imports reached the peak of 25M units, and then fell dramatically in the following year.
In value terms, imports of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) reduced markedly to $2.8M in 2022. Overall, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 60%. Imports peaked at $5M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.3 | 1.6 | 2.7 | 1.8 | -18.3% |
| Taiwan (Chinese) | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| Others | 1.6 | 0.5 | 0.6 | 0.8 | -20.6% |
| Total | 5.0 | 2.2 | 3.5 | 2.8 | -17.6% |
Top Suppliers of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) to India in 2022:
- China (17.9M units)
- Taiwan (Chinese) (0.4M units)
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