Lawn-Tennis Balls Price in Singapore - 2022
Contents:
- Lawn-Tennis Balls Price in Singapore (CIF) - 2022
- Lawn-Tennis Balls Price in Singapore (FOB) - 2022
- Lawn-Tennis Balls Imports in Singapore
- Lawn-Tennis Balls Exports in Singapore
Lawn-Tennis Balls Price in Singapore (CIF) - 2022
The average lawn-tennis balls import price stood at $2.2 per unit in 2022, increasing by 23% against the previous year. Overall, the import price saw buoyant growth. The pace of growth appeared the most rapid in 2019 when the average import price increased by 35% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in years to come.
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 the Philippines ($2.7 per unit), while the price for Malaysia ($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 (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Lawn-Tennis Balls Price in Singapore (FOB) - 2022
In 2022, the average lawn-tennis balls export price amounted to $1.4 per unit, rising by 30% against the previous year. Over the period under review, the export price, however, showed a perceptible setback. The growth pace was the most rapid in 2018 when the average export price increased by 87%. Over the period under review, the average export prices attained the peak figure at $2.4 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($3.1 per unit), while the average price for exports to Lebanon ($0.8 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 Taiwan (Chinese) (+55.0%), while the prices for the other major destinations experienced more modest paces of growth.
Lawn-Tennis Balls Imports in Singapore
In 2022, the amount of lawn-tennis ballses imported into Singapore contracted dramatically to 607K units, declining by -19.7% compared with the previous year. Over the period under review, imports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 176%. As a result, imports reached the peak of 756K units, and then declined notably in the following year.
In value terms, lawn-tennis balls imports declined slightly to $1.3M in 2022. In general, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 217% against the previous year. As a result, imports reached the peak of $1.3M, and then dropped in the following year.
| Import of Lawn-Tennis Balls in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 443 | 336 | 959 | 802 | 21.9% |
| Philippines | 73.2 | 0.8 | 222 | 345 | 67.7% |
| China | 71.8 | 58.8 | 108 | 51.2 | -10.7% |
| Malaysia | N/A | 9.5 | 29.1 | 17.3 | 34.9% |
| Taiwan (Chinese) | 2.8 | 11.8 | 12.8 | 16.5 | 80.6% |
| Indonesia | 13.6 | N/A | N/A | 11.0 | -6.8% |
| Others | 31.4 | 6.0 | 7.2 | 79.5 | 36.3% |
| Total | 636 | 423 | 1,338 | 1,323 | 27.7% |
Top Suppliers of Lawn-Tennis Balls to Singapore in 2022:
- Thailand (313.5K units)
- Philippines (127.4K units)
- China (75.7K units)
- Malaysia (39.1K units)
- Taiwan (Chinese) (23.5K units)
- Indonesia (18.0K units)
Lawn-Tennis Balls Exports in Singapore
In 2022, shipments abroad of lawn-tennis ballses increased by 1,028% to 114K units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, faced a abrupt curtailment. The exports peaked at 164K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, lawn-tennis balls exports soared to $165K in 2022. In general, exports, however, showed a precipitous decrease. Over the period under review, the exports attained the maximum at $344K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Lawn-Tennis Balls in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 2.8 | 1.5 | 3.0 | 70.5 | 193.1% |
| Philippines | 74.6 | 0.7 | N/A | 63.8 | -5.1% |
| Lebanon | N/A | N/A | N/A | 7.0 | 0% |
| Bangladesh | N/A | N/A | 2.9 | 5.2 | 79.3% |
| Malaysia | 217 | 6.5 | 0.2 | 4.6 | -72.3% |
| Brunei Darussalam | N/A | N/A | 0.2 | 2.1 | 950.0% |
| Australia | 24.9 | N/A | N/A | 0.3 | -77.1% |
| Taiwan (Chinese) | 15.3 | N/A | N/A | N/A | 0% |
| Others | 9.4 | 24.1 | 5.0 | 11.4 | 6.6% |
| Total | 344 | 32.8 | 11.2 | 165 | -21.7% |
Top Export Markets for Lawn-Tennis Balls from Singapore in 2022:
- Indonesia (76.0K units)
- Philippines (20.4K units)
- Lebanon (8.6K units)
- Bangladesh (4.7K units)
- Brunei Darussalam (2.1K units)
- Australia (0.5K units)
- Malaysia (0.4K units)
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