Lawn-Tennis Balls Price in Australia - 2023
Contents:
- Lawn-Tennis Balls Price in Australia (CIF) - 2022
- Lawn-Tennis Balls Price in Australia (FOB) - 2022
- Lawn-Tennis Balls Imports in Australia
- Lawn-Tennis Balls Exports in Australia
Lawn-Tennis Balls Price in Australia (CIF) - 2022
In 2022, the average lawn-tennis balls import price amounted to $0.9 per unit, jumping by 15% against the previous year. Over the last decade, it increased at an average annual rate of +3.6%. The most prominent rate of growth was recorded in 2021 an increase of 21% 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 near future.
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 Malaysia ($1.3 per unit), while the price for China ($0.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Lawn-Tennis Balls Price in Australia (FOB) - 2022
The average lawn-tennis balls export price stood at $0.8 per unit in 2022, reducing by -79.1% against the previous year. Overall, the export price continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2018 when the average export price increased by 238%. As a result, the export price reached the peak level of $7.3 per unit. From 2019 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($6.8 per unit), while the average price for exports to the United States ($0.3 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 Arab Emirates (+14.9%), while the prices for the other major destinations experienced mixed trend patterns.
Lawn-Tennis Balls Imports in Australia
In 2022, purchases abroad of lawn-tennis ballses decreased by -4.7% to 8.3M units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +6.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2020 when imports increased by 14%. Over the period under review, imports attained the peak figure at 8.7M units in 2021, and then shrank in the following year.
In value terms, lawn-tennis balls imports totaled $7.3M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +11.6% 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 +46.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 34% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Lawn-Tennis Balls in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 2.1 | 2.4 | 2.9 | 2.6 | 7.4% |
| China | 2.0 | 1.7 | 1.8 | 2.3 | 4.8% |
| Philippines | 0.9 | 0.6 | 1.3 | 1.8 | 26.0% |
| Taiwan (Chinese) | 0.2 | 0.2 | 0.3 | 0.3 | 14.5% |
| Malaysia | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Others | 0.1 | 0.1 | 0.2 | 0.1 | 0.0% |
| Total | 5.3 | 5.0 | 6.7 | 7.3 | 11.3% |
Top Suppliers of Lawn-Tennis Balls to Australia in 2022:
- China (4.0M units)
- Thailand (2.0M units)
- Philippines (1.7M units)
- Taiwan (Chinese) (0.3M units)
- Malaysia (0.2M units)
Lawn-Tennis Balls Exports in Australia
In 2022, the amount of lawn-tennis ballses exported from Australia skyrocketed to 131K units, jumping by 418% on the year before. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,047%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, lawn-tennis balls exports rose notably to $104K in 2022. In general, exports recorded strong growth. The pace of growth was the most pronounced in 2021 with an increase of 623% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.
| Export of Lawn-Tennis Balls in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 32.1 | 13.1 | 85.2 | 49.7 | 15.7% |
| United States | 1.2 | N/A | N/A | 38.2 | 216.9% |
| Netherlands | 26.4 | N/A | N/A | N/A | 0% |
| Others | 14.8 | 0.3 | 11.0 | 16.2 | 3.1% |
| Total | 74.6 | 13.3 | 96.1 | 104 | 11.7% |
Top Export Markets for Lawn-Tennis Balls from Australia in 2022:
- United States (121.3K units)
- New Zealand (7.3K units)
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