Balls; Inflatable Price in Hong Kong SAR - 2023
Contents:
- Balls; Inflatable Price in Hong Kong SAR (CIF) - 2022
- Balls; Inflatable Price in Hong Kong SAR (FOB) - 2022
- Balls; Inflatable Imports in Hong Kong SAR
- Balls; Inflatable Exports in Hong Kong SAR
Balls; Inflatable Price in Hong Kong SAR (CIF) - 2022
In 2022, the average balls; inflatable import price amounted to $9.5 per unit, jumping by 24% against the previous year. Over the period under review, the import price enjoyed buoyant growth. The pace of growth was the most pronounced in 2019 when the average import price increased by 38% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.
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 Singapore ($23 per unit), while the price for the United States ($4.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Balls; Inflatable Price in Hong Kong SAR (FOB) - 2022
The average balls; inflatable export price stood at $5.4 per unit in 2022, growing by 13% against the previous year. Over the period under review, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when the average export price increased by 39%. The export price peaked at $5.5 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
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 Australia ($21 per unit), while the average price for exports to Cameroon ($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 Australia (+24.2%), while the prices for the other major destinations experienced more modest paces of growth.
Balls; Inflatable Imports in Hong Kong SAR
Balls; inflatable imports into Hong Kong SAR contracted to 465K units in 2022, shrinking by -10.1% against 2021 figures. Overall, imports showed a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of 38% against the previous year. Imports peaked at 606K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, balls; inflatable imports rose rapidly to $4.4M in 2022. Over the period under review, total imports indicated a tangible expansion from 2019 to 2022: its value increased at an average annual rate of +3.0% 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 +72.9% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 55% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in years to come.
| Import of Balls; Inflatable in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3,014 | 1,820 | 2,973 | 3,769 | 7.7% |
| Singapore | 110 | 51.6 | 170 | 218 | 25.6% |
| Thailand | 112 | 268 | 225 | 95.0 | -5.3% |
| United States | 113 | 20.0 | 16.2 | 87.5 | -8.2% |
| Vietnam | 210 | 131 | 98.4 | 74.7 | -29.1% |
| Pakistan | 309 | 145 | 141 | 59.1 | -42.4% |
| India | 42.7 | 30.8 | 76.8 | 37.7 | -4.1% |
| Others | 147 | 97.2 | 273 | 92.0 | -14.5% |
| Total | 4,058 | 2,564 | 3,975 | 4,433 | 3.0% |
Top Suppliers of Balls; Inflatable to Hong Kong SAR in 2022:
- China (394.3K units)
- United States (19.3K units)
- Vietnam (13.3K units)
- Singapore (9.4K units)
- Thailand (8.4K units)
- India (7.5K units)
- Pakistan (6.3K units)
Balls; Inflatable Exports in Hong Kong SAR
Balls; inflatable exports from Hong Kong SAR skyrocketed to 716K units in 2022, picking up by 22% against 2021. Overall, exports saw buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 123% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, balls; inflatable exports skyrocketed to $3.9M in 2022. Over the period under review, exports showed a buoyant expansion. The growth pace was the most rapid in 2021 when exports increased by 107% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Balls; Inflatable in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,380 | 176 | 914 | 1,246 | -3.3% |
| China | 134 | 240 | 332 | 1,079 | 100.4% |
| Germany | 334 | 147 | 280 | 399 | 6.1% |
| Switzerland | 43.9 | 10.7 | 1.2 | 143 | 48.2% |
| United Arab Emirates | 2.2 | 0.5 | 1.0 | 118 | 277.1% |
| Australia | 166 | 61.9 | 90.0 | 98.1 | -16.1% |
| Canada | 165 | 150 | 122 | 71.3 | -24.4% |
| Mexico | 52.8 | 19.6 | 15.2 | 57.9 | 3.1% |
| Japan | 67.9 | 48.7 | 38.6 | 16.8 | -37.2% |
| Netherlands | 230 | 64.8 | 11.7 | 8.5 | -66.7% |
| United Kingdom | 57.1 | 12.1 | 84.5 | 5.5 | -54.2% |
| Others | 499 | 439 | 938 | 655 | 9.5% |
| Total | 3,131 | 1,370 | 2,829 | 3,898 | 7.6% |
Top Export Markets for Balls; Inflatable from Hong Kong SAR in 2022:
- United States (363.1K units)
- China (129.2K units)
- Switzerland (55.8K units)
- Germany (27.3K units)
- United Arab Emirates (20.0K units)
- Mexico (14.8K units)
- Canada (11.6K units)
- Australia (4.7K units)
- Japan (3.7K units)
- Netherlands (1.8K units)
- United Kingdom (1.6K units)
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