Lawn-Tennis Balls Price in Guatemala - 2023

Contents:

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

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

The average lawn-tennis balls import price stood at $0.7 per unit in 2022, shrinking by -10.9% against the previous year. In general, the import price continues to indicate a slight decline. The most prominent rate of growth was recorded in 2019 an increase of 60%. As a result, import price attained the peak level of $1.1 per unit. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Vietnam ($0.7 per unit) and the Philippines ($0.7 per unit), while the price for Belgium ($0.6 per unit) and Thailand ($0.7 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.3%), while the prices for the other major suppliers experienced a decline.

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

The average lawn-tennis balls export price stood at $1.7 per unit in 2022, picking up by 21% against the previous year. In general, the export price showed a prominent increase. The growth pace was the most rapid in 2017 an increase of 100%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Argentina ($1.7 per unit) and Mexico ($1.7 per unit), while the average price for exports to the Dominican Republic ($1.7 per unit) and Honduras ($1.7 per unit) were amongst the lowest.

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

Lawn-Tennis Balls Imports in Guatemala

Lawn-tennis balls imports into Guatemala surged to 241K units in 2022, growing by 57% against 2021 figures. Over the period under review, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, lawn-tennis balls imports skyrocketed to $157K in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +8.4% 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 +79.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Lawn-Tennis Balls in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China31.51.335.695.344.6%
VietnamN/AN/AN/A20.60%
United States59.243.931.617.2-33.8%
ThailandN/AN/A10.813.424.1%
PhilippinesN/AN/AN/A4.60%
MexicoN/A0.10.12.4389.9%
IndiaN/A0.6N/A2.4100.0%
Hong Kong SAR0.911.65.7N/A151.7%
Panama1.2N/A7.9N/A156.6%
Belgium14.25.34.1N/A-46.3%
France0.213.5N/AN/A6650.0%
El Salvador10.410.04.7N/A-32.8%
Others5.61.411.81.0-43.7%
Total12387.81121578.5%

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

  1. China (146.4K units)
  2. Vietnam (31.7K units)
  3. United States (26.4K units)
  4. Thailand (20.6K units)
  5. Philippines (7.1K units)
  6. Mexico (3.7K units)
  7. India (3.7K units)

Lawn-Tennis Balls Exports in Guatemala

Lawn-tennis balls exports from Guatemala skyrocketed to 8.6K units in 2022, picking up by 320% on the previous year's figure. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 2,710% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, lawn-tennis balls exports surged to $14K in 2022. Over the period under review, exports showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 2,874%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Lawn-Tennis Balls in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ColombiaN/AN/AN/A11.40%
Dominican RepublicN/AN/AN/A2.00%
ArgentinaN/AN/AN/A0.40%
MexicoN/AN/A0.40.2-50.0%
United StatesN/A0.10.30.241.4%
Costa Rica1.8N/A1.3N/A-15.0%
PanamaN/AN/A0.1N/A0%
Others0.1N/A0.70.10.0%
Total2.00.12.814.493.1%

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

  1. Colombia (6.9K units)
  2. Dominican Republic (1.2K units)
  3. Argentina (0.2K units)
  4. Mexico (0.1K units)
  5. United States (0.1K units)

Source: IndexBox Market Intelligence Platform

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