Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Thailand - 2024

Contents:

  1. Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Thailand (CIF) - 2024
  2. Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Thailand (FOB) - 2022
  3. Imports of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Thailand
  4. Exports of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Thailand

Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Thailand (CIF) - 2024

In January 2024, the average import price for balls; (other than inflatable or for lawn-tennis, golf or table-tennis) amounted to $1.3 per unit, reducing by -35.8% against the previous month. Overall, the import price showed a pronounced contraction. The pace of growth was the most pronounced in September 2023 when the average import price increased by 62% m-o-m. Over the period under review, average import prices attained the peak figure at $2.0 per unit in January 2023; however, from February 2023 to January 2024, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From January 2023 to January 2024, the rate of growth in terms of prices for China amounted to -3.8% per month.

Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Thailand (FOB) - 2022

The average export price for balls; (other than inflatable or for lawn-tennis, golf or table-tennis) stood at $0.9 per unit in 2022, declining by -23.6% against the previous year. Overall, the export price recorded a abrupt downturn. The growth pace was the most rapid in 2016 when the average export price increased by 39%. As a result, the export price reached the peak level of $3.1 per unit. From 2017 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($11 per unit), while the average price for exports to Australia ($0.4 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 Sweden (+11.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Thailand

In 2022, imports of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) into Thailand surged to 4.5M units, with an increase of 15% against 2021 figures. In general, imports, however, continue to indicate a abrupt decrease. Imports peaked at 7.4M units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) surged to $4.7M in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. Imports peaked at $5.3M in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Import of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.65.12.94.5-0.7%
Others0.20.20.30.20.0%
Total4.75.33.24.70.0%

Top Suppliers of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) to Thailand in 2022:

  1. China (4.5M units)

Exports of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Thailand

In 2022, approx. 4M units of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) were exported from Thailand; jumping by 38% on 2021 figures. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +13.8% 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 +47.3% against 2019 indices. As a result, the exports reached 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) rose rapidly to $3.8M in 2022. In general, exports, however, showed a drastic downturn. The exports peaked at $5.8M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia24545533262036.3%
United Kingdom4332956865759.9%
Belgium2986615023869.0%
Indonesia18510550334423.0%
Taiwan (Chinese)14.821.225.0255158.3%
Myanmar307555404195-14.0%
Malaysia13975.818018810.6%
United States8161,487133131-45.7%
South Africa11083.470.41161.8%
France1,17430.463.256.2-63.7%
Others2,108776743965-22.9%
Total5,8314,5443,6403,832-13.1%

Top Export Markets for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) from Thailand in 2022:

  1. Australia (1426.3K units)
  2. United Kingdom (1315.1K units)
  3. Taiwan (Chinese) (305.9K units)
  4. United States (295.0K units)
  5. South Africa (164.5K units)
  6. Indonesia (89.6K units)
  7. Malaysia (62.7K units)
  8. Myanmar (51.3K units)
  9. Belgium (36.1K units)
  10. France (10.2K units)

Source: IndexBox Market Intelligence Platform

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Free Data: Balls; (other than inflatable or for lawn-tennis, golf or table-tennis) - Thailand