Lawn-Tennis Balls Price in Argentina - 2023

Contents:

  1. Lawn-Tennis Balls Price in Argentina (CIF) - 2022
  2. Lawn-Tennis Balls Price in Argentina (FOB) - 2022
  3. Lawn-Tennis Balls Imports in Argentina
  4. Lawn-Tennis Balls Exports in Argentina

Lawn-Tennis Balls Price in Argentina (CIF) - 2022

In 2022, the average lawn-tennis balls import price amounted to $0.9 per unit, with an increase of 18% against the previous year. Over the last decade, it increased at an average annual rate of +3.3%. The growth pace was the most rapid in 2013 when the average import price increased by 35%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Thailand ($1 per unit) and China ($0.9 per unit), while the price for Indonesia ($0.8 per unit) and the Philippines ($0.8 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Lawn-Tennis Balls Price in Argentina (FOB) - 2022

The average lawn-tennis balls export price stood at $4.6 per unit in 2022, jumping by 31% against the previous year. In general, the export price continues to indicate a strong increase. The growth pace was the most rapid in 2018 when the average export price increased by 173%. The export price peaked at $5.5 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($33 per unit), while the average price for exports to the Netherlands ($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 Brazil (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.

Lawn-Tennis Balls Imports in Argentina

After three years of growth, overseas purchases of lawn-tennis ballses decreased by -3.3% to 1.4M units in 2022. The total import volume increased at an average annual rate of +6.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 19% against the previous year. As a result, imports attained the peak of 1.4M units, and then fell slightly in the following year.

In value terms, lawn-tennis balls imports totaled $1.2M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +15.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 43%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Lawn-Tennis Balls in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand35826660356716.6%
Philippines11219310829237.6%
China249196248231-2.5%
Indonesia52.167.084.312734.6%
Others28.425.522.3N/A-11.4%
Total7997471,0651,21615.0%

Top Suppliers of Lawn-Tennis Balls to Argentina in 2022:

  1. Thailand (557.1K units)
  2. Philippines (370.8K units)
  3. China (262.3K units)
  4. Indonesia (168.6K units)

Lawn-Tennis Balls Exports in Argentina

In 2022, exports of lawn-tennis ballses from Argentina reduced sharply to 388 units, declining by -18.5% against the previous year's figure. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 20%. As a result, the exports reached the peak of 476 units, and then plummeted in the following year.

In value terms, lawn-tennis balls exports expanded notably to $1.8K in 2022. Over the period under review, exports showed a abrupt curtailment. Over the period under review, the exports hit record highs at $2.2K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Lawn-Tennis Balls in Argentina (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil1,049945844917-4.4%
Paraguay952837729773-6.7%
Uruguay11787.063.057.0-21.3%
NetherlandsN/AN/AN/A21.00%
Chile39.029.022.016.0-25.7%
Mexico7.05.03.03.0-24.6%
GuatemalaN/AN/A10.0N/A0%
Others1.02.01.01.00.0%
Total2,1651,9051,6721,788-6.2%

Top Export Markets for Lawn-Tennis Balls from Argentina in 2022:

  1. Paraguay (272.0 units)
  2. Netherlands (58.0 units)
  3. Brazil (28.0 units)
  4. Uruguay (15.0 units)
  5. Mexico (7.0 units)
  6. Chile (5.0 units)

Source: IndexBox Market Intelligence Platform

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