Lawn-Tennis Balls Price in India - 2023
Contents:
- Lawn-Tennis Balls Price in India (CIF) - 2022
- Lawn-Tennis Balls Price in India (FOB) - 2022
- Lawn-Tennis Balls Imports in India
- Lawn-Tennis Balls Exports in India
Lawn-Tennis Balls Price in India (CIF) - 2022
In 2022, the average lawn-tennis balls import price amounted to $0.9 per unit, shrinking by -5.7% against the previous year. Overall, the import price showed a mild decline. The growth pace was the most rapid in 2021 when the average import price increased by 46% against the previous year. The import price peaked at $1.3 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Philippines ($1.4 per unit), while the price for China ($0.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (-2.8%), while the prices for the other major suppliers experienced a decline.
Lawn-Tennis Balls Price in India (FOB) - 2022
The average lawn-tennis balls export price stood at $0.7 per unit in 2022, shrinking by -4.3% against the previous year. Overall, the export price showed a abrupt decrease. The most prominent rate of growth was recorded in 2018 when the average export price increased by 47% against the previous year. Over the period under review, the average export prices attained the peak figure at $1.5 per unit in 2014; however, from 2015 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 Sri Lanka ($1.2 per unit), while the average price for exports to Bangladesh ($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 Sri Lanka (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.
Lawn-Tennis Balls Imports in India
In 2022, approx. 3.9M units of lawn-tennis ballses were imported into India; growing by 33% compared with the previous year's figure. Overall, imports, however, saw a deep downturn. Imports peaked at 5.3M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, lawn-tennis balls imports surged to $3.5M in 2022. In general, total imports indicated a temperate expansion from 2019 to 2022: its value increased at an average annual rate of +4.2% 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 +83.7% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 46%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
| Import of Lawn-Tennis Balls in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 1,472 | 1,128 | 1,563 | 2,058 | 11.8% |
| Philippines | 442 | 108 | 433 | 839 | 23.8% |
| China | 704 | 425 | 426 | 269 | -27.4% |
| Japan | 151 | 67.2 | 78.5 | 153 | 0.4% |
| Malaysia | 228 | 112 | 252 | 81.6 | -29.0% |
| Others | 95.0 | 62.7 | 29.9 | 95.9 | 0.3% |
| Total | 3,091 | 1,902 | 2,783 | 3,495 | 4.2% |
Top Suppliers of Lawn-Tennis Balls to India in 2022:
- Thailand (2321.4K units)
- China (619.5K units)
- Philippines (592.7K units)
- Japan (221.6K units)
- Malaysia (38.1K units)
Lawn-Tennis Balls Exports in India
In 2022, exports of lawn-tennis ballses from India dropped to 669K units, which is down by -10.5% compared with 2021 figures. Over the period under review, exports continue to indicate a sharp downturn. The pace of growth was the most pronounced in 2021 with an increase of 126% against the previous year. The exports peaked at 1.8M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, lawn-tennis balls exports declined to $455K in 2022. Overall, exports continue to indicate a precipitous decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 109%. Over the period under review, the exports reached the maximum at $2.2M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Lawn-Tennis Balls in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 875 | 91.1 | 100 | 178 | -41.2% |
| United States | 336 | 62.1 | 155 | 79.3 | -38.2% |
| Bangladesh | 320 | 30.0 | 54.1 | 34.7 | -52.3% |
| Oman | 139 | 9.6 | 2.7 | 27.3 | -41.9% |
| United Kingdom | 116 | 5.1 | 104 | 24.4 | -40.5% |
| Sri Lanka | 9.9 | 3.1 | 3.5 | 16.5 | 18.6% |
| Nepal | 30.4 | 7.1 | 16.7 | 11.7 | -27.3% |
| Qatar | 17.0 | 9.7 | 7.1 | 11.4 | -12.5% |
| Canada | 26.6 | 2.7 | 9.0 | 4.7 | -43.9% |
| South Africa | 65.7 | N/A | 12.6 | 0.2 | -85.5% |
| Others | 225 | 33.5 | 65.4 | 66.8 | -33.3% |
| Total | 2,162 | 254 | 531 | 455 | -40.5% |
Top Export Markets for Lawn-Tennis Balls from India in 2022:
- United Arab Emirates (279.8K units)
- Bangladesh (112.5K units)
- United States (95.5K units)
- Oman (44.8K units)
- United Kingdom (26.6K units)
- Nepal (23.1K units)
- Sri Lanka (13.5K units)
- Qatar (11.9K units)
- Canada (6.4K units)
- South Africa (0.6K units)
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