Lawn-Tennis Balls Price in Vietnam - 2022
Contents:
- Lawn-Tennis Balls Price in Vietnam (CIF) - 2022
- Lawn-Tennis Balls Price in Vietnam (FOB) - 2022
- Lawn-Tennis Balls Imports in Vietnam
- Lawn-Tennis Balls Exports in Vietnam
Lawn-Tennis Balls Price in Vietnam (CIF) - 2022
In 2022, the average lawn-tennis balls import price amounted to $0.8 per unit, rising by 6% against the previous year. Overall, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, lawn-tennis balls import price increased by +59.1% against 2018 indices. The pace of growth appeared the most rapid in 2013 an increase of 34%. The import price peaked at $0.8 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
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 United States ($1.1 per unit), while the price for China ($0.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Lawn-Tennis Balls Price in Vietnam (FOB) - 2022
In 2022, the average lawn-tennis balls export price amounted to $1 per unit, declining by -2.5% against the previous year. Over the period under review, the export price showed a abrupt decline. The pace of growth was the most pronounced in 2015 an increase of 18%. Over the period under review, the average export prices attained the maximum at $2 per unit in 2013; however, from 2014 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 Hong Kong SAR ($7.7 per unit), while the average price for exports to the United States ($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 Hong Kong SAR (+21.7%), while the prices for the other major destinations experienced more modest paces of growth.
Lawn-Tennis Balls Imports in Vietnam
After three years of growth, overseas purchases of lawn-tennis ballses decreased by -20.4% to 3.3M units in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +14.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 61% against the previous year. Over the period under review, imports hit record highs at 4.1M units in 2021, and then shrank sharply in the following year.
In value terms, lawn-tennis balls imports contracted significantly to $2.6M in 2022. Overall, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 64% against the previous year. Over the period under review, imports reached the peak figure at $3M in 2021, and then declined significantly in the following year.
| Import of Lawn-Tennis Balls in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 881 | 1,434 | 2,240 | 1,859 | 28.3% |
| China | 220 | 474 | 601 | 370 | 18.9% |
| Philippines | 145 | 147 | 158 | 283 | 25.0% |
| Others | 34.4 | 41.2 | 48.8 | 60.1 | 20.4% |
| Total | 1,281 | 2,096 | 3,048 | 2,572 | 26.2% |
Top Suppliers of Lawn-Tennis Balls to Vietnam in 2022:
- Thailand (2345.8K units)
- China (484.6K units)
- Philippines (370.6K units)
Lawn-Tennis Balls Exports in Vietnam
In 2022, after three years of growth, there was significant decline in shipments abroad of lawn-tennis ballses, when their volume decreased by -25.8% to 129K units. In general, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 6,375% against the previous year. The exports peaked at 174K units in 2021, and then dropped dramatically in the following year.
In value terms, lawn-tennis balls exports shrank markedly to $123K in 2022. Over the period under review, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 6,334% against the previous year. The exports peaked at $170K in 2021, and then shrank remarkably in the following year.
| Export of Lawn-Tennis Balls in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | 4.7 | 43.1 | 71.6 | 290.3% |
| Kuwait | N/A | 30.1 | 71.9 | 17.5 | -23.8% |
| Singapore | N/A | 2.7 | 7.5 | 9.5 | 87.6% |
| Spain | N/A | N/A | N/A | 3.8 | 0% |
| Guatemala | N/A | N/A | N/A | 3.7 | 0% |
| Malaysia | 0.1 | 13.0 | 15.3 | 3.6 | 230.2% |
| Austria | N/A | N/A | 2.4 | N/A | 0% |
| Others | 1.0 | 25.4 | 29.7 | 13.1 | 135.7% |
| Total | 1.2 | 76.0 | 170 | 123 | 368.0% |
Top Export Markets for Lawn-Tennis Balls from Vietnam in 2022:
- United States (91.0K units)
- Kuwait (12.8K units)
- Spain (4.6K units)
- Guatemala (4.4K units)
- Singapore (2.5K units)
- Malaysia (1.9K units)
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