Lawn-Tennis Balls Price in Sri Lanka - 2021
Contents:
- Lawn-Tennis Balls Price in Sri Lanka (CIF) - 2022
- Lawn-Tennis Balls Price in Sri Lanka (FOB) - 2022
- Lawn-Tennis Balls Imports in Sri Lanka
- Lawn-Tennis Balls Exports in Sri Lanka
Lawn-Tennis Balls Price in Sri Lanka (CIF) - 2022
In 2022, the average lawn-tennis balls import price amounted to $0.4 per unit, with an increase of 23% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The pace of growth appeared the most rapid in 2013 when the average import price increased by 23% against the previous year. The import price peaked at $0.4 per unit in 2016; however, from 2017 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 Malaysia ($1.2 per unit), while the price for India ($0.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Lawn-Tennis Balls Price in Sri Lanka (FOB) - 2022
In 2022, the average lawn-tennis balls export price amounted to $4.3 per unit, jumping by 468% against the previous year. In general, the export price showed a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Maldives.
From 2012 to 2022, the rate of growth in terms of prices for Jordan amounted to +49.0% per year.
Lawn-Tennis Balls Imports in Sri Lanka
In 2022, lawn-tennis balls imports into Sri Lanka declined sharply to 2.1M units, falling by -39.3% on the previous year. Over the period under review, imports recorded a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 51% against the previous year. As a result, imports reached the peak of 3.4M units, and then contracted sharply in the following year.
In value terms, lawn-tennis balls imports reduced notably to $764K in 2022. In general, imports saw a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year. As a result, imports attained the peak of $1M, and then reduced markedly in the following year.
| Import of Lawn-Tennis Balls in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 428 | 302 | 254 | 404 | -1.9% |
| Thailand | 485 | 457 | 447 | 200 | -25.6% |
| Philippines | 3.3 | 11.9 | 30.3 | 121 | 232.2% |
| India | 1.6 | 2.7 | 0.1 | 18.8 | 127.3% |
| South Korea | 9.9 | 9.7 | 7.8 | N/A | -11.2% |
| Indonesia | 33.1 | 34.2 | 27.2 | N/A | -9.3% |
| Others | 23.5 | 12.7 | 257 | 19.7 | -5.7% |
| Total | 984 | 831 | 1,023 | 764 | -8.1% |
Top Suppliers of Lawn-Tennis Balls to Sri Lanka in 2022:
- China (1394.0K units)
- Thailand (393.4K units)
- Philippines (163.8K units)
- India (86.6K units)
Lawn-Tennis Balls Exports in Sri Lanka
In 2022, lawn-tennis balls exports from Sri Lanka declined notably to 360 units, with a decrease of -96.4% against the previous year's figure. Overall, exports saw a dramatic shrinkage. The growth pace was the most rapid in 2021 with an increase of 431%. As a result, the exports reached the peak of 10K units, and then declined notably in the following year.
In value terms, lawn-tennis balls exports dropped remarkably to $1.5K in 2022. In general, exports saw a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 550%. As a result, the exports attained the peak of $7.6K, and then shrank significantly in the following year.
| Export of Lawn-Tennis Balls in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | N/A | 0.2 | 0.4 | 1.5 | 173.9% |
| Kuwait | N/A | 0.6 | N/A | N/A | 0% |
| United Arab Emirates | 0.3 | 0.3 | 1.1 | N/A | 91.5% |
| Oman | N/A | N/A | 6.0 | N/A | 0% |
| Czech Republic | 2.2 | N/A | N/A | N/A | 0% |
| Others | 0.3 | 0.1 | N/A | N/A | -66.7% |
| Total | 2.8 | 1.2 | 7.6 | 1.5 | -18.8% |
Top Export Markets for Lawn-Tennis Balls from Sri Lanka in 2022:
- Maldives (358.0 units)
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