Lawn-Tennis Balls Price in Colombia - 2022

Contents:

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

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

In 2022, the average lawn-tennis balls import price amounted to $0.6 per unit, approximately mirroring the previous year. Overall, the import price continues to indicate a slight reduction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 42%. Over the period under review, average import prices reached the peak figure at $0.8 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($0.9 per unit), while the price for the United States ($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 Indonesia (+8.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average lawn-tennis balls export price stood at $0.7 per unit in 2022, waning by -1.8% against the previous year. Over the period under review, the export price saw a noticeable slump. The growth pace was the most rapid in 2020 when the average export price increased by 18% against the previous year. Over the period under review, the average export prices attained the maximum at $1.3 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Costa Rica ($0.7 per unit), while the average price for exports to El Salvador amounted to $0.7 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+16.7%), while the prices for the other major destinations experienced a decline.

Lawn-Tennis Balls Imports in Colombia

In 2022, after three years of growth, there was significant decline in overseas purchases of lawn-tennis ballses, when their volume decreased by -18.1% to 1.2M units. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +16.1% 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 +56.3% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 57% against the previous year. As a result, imports reached the peak of 1.5M units, and then contracted markedly in the following year.

In value terms, lawn-tennis balls imports shrank notably to $724K in 2022. Over the period under review, total imports indicated a measured expansion from 2019 to 2022: its value increased at an average annual rate of +3.8% 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 +28.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 58% against the previous year. As a result, imports attained the peak of $886K, and then declined dramatically in the following year.

Import of Lawn-Tennis Balls in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China269201393178-12.9%
Thailand263277177112-24.8%
United States4.613.00.333.894.4%
Panama45.333.435.816.5-28.6%
Indonesia17.116.017.38.1-22.0%
Taiwan (Chinese)33.99.18.07.8-38.7%
Others14.112.4255367196.4%
Total6475628867243.8%

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

  1. China (299.9K units)
  2. Thailand (147.9K units)
  3. United States (60.4K units)
  4. Panama (29.4K units)
  5. Indonesia (9.4K units)
  6. Taiwan (Chinese) (8.6K units)

Lawn-Tennis Balls Exports in Colombia

In 2022, after three years of growth, there was significant decline in shipments abroad of lawn-tennis ballses, when their volume decreased by -17.1% to 922 units. Overall, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 107% against the previous year. The exports peaked at 1.1K units in 2021, and then reduced markedly in the following year.

In value terms, lawn-tennis balls exports fell markedly to $683 in 2022. In general, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 144%. The exports peaked at $839 in 2021, and then fell significantly in the following year.

Export of Lawn-Tennis Balls in Colombia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Costa Rica25.031417.0618191.3%
El Salvador4.044.03.065.0153.3%
AustriaN/AN/A404N/A0%
Sweden105N/AN/AN/A0%
United StatesN/A170N/AN/A0%
Others82.0N/A415N/A125.0%
Total21652883968346.8%

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

  1. Costa Rica (833.0 units)
  2. El Salvador (89.0 units)

Source: IndexBox Market Intelligence Platform

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