Lawn-Tennis Balls Price in Pakistan - 2023

Contents:

  1. Lawn-Tennis Balls Price in Pakistan (FOB) - 2023
  2. Lawn-Tennis Balls Price in Pakistan (CIF) - 2022
  3. Lawn-Tennis Balls Exports in Pakistan
  4. Lawn-Tennis Balls Imports in Pakistan

Lawn-Tennis Balls Price in Pakistan (FOB) - 2023

The average lawn-tennis balls export price stood at $591 per thousand units in April 2023, reducing by -33.1% against the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 when the average export price increased by 78% against the previous month. As a result, the export price attained the peak level of $0.9 per unit, and then shrank rapidly in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Sri Lanka ($1.2 per unit), while the average price for exports to Chile ($426 per thousand units) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average lawn-tennis balls import price stood at $1.1 per unit in 2022, surging by 4.5% against the previous year. In general, the import price, however, saw a mild decline. The pace of growth appeared the most rapid in 2017 an increase of 24%. The import price peaked at $1.5 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1.7 per unit), while the price for Taiwan (Chinese) ($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 Indonesia (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Lawn-Tennis Balls Exports in Pakistan

After three years of growth, overseas shipments of lawn-tennis ballses decreased by -1.4% to 2.3M units in 2022. Overall, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 75% against the previous year. As a result, the exports reached the peak of 2.3M units, and then declined in the following year.

In value terms, lawn-tennis balls exports declined to $1.3M in 2022. Over the period under review, exports, however, showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 75% against the previous year. As a result, the exports reached the peak of $1.5M, and then dropped in the following year.

Export of Lawn-Tennis Balls in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom43139289977021.3%
Netherlands19342837031718.0%
United Arab Emirates3.01.3153131252.1%
South Africa47.417.247.240.5-5.1%
Others45.326.748.531.7-11.2%
Total7208661,5181,29121.5%

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

  1. United Kingdom (1290.1K units)
  2. Netherlands (649.2K units)
  3. United Arab Emirates (205.2K units)
  4. South Africa (91.9K units)

Lawn-Tennis Balls Imports in Pakistan

After two years of decline, overseas purchases of lawn-tennis ballses increased by 38% to 642K units in 2022. Overall, imports, however, recorded a deep setback. Over the period under review, imports reached the maximum at 856K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, lawn-tennis balls imports soared to $695K in 2022. Over the period under review, imports, however, recorded a abrupt slump. Imports peaked at $1.1M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Lawn-Tennis Balls in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand834544318567-12.1%
Taiwan (Chinese)74.190.968.991.77.4%
China90.624.72.236.2-26.3%
United Arab EmiratesN/A57.881.7N/A41.3%
Others62.20.59.4N/A-61.1%
Total1,061718480695-13.2%

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

  1. Thailand (394.2K units)
  2. Taiwan (Chinese) (225.5K units)
  3. China (21.8K units)

Source: IndexBox Market Intelligence Platform

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