Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Malaysia - 2024
Contents:
- Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Malaysia (CIF) - 2024
- Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Malaysia (FOB) - 2022
- Imports of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Malaysia
- Exports of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Malaysia
Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Malaysia (CIF) - 2024
In January 2024, the average import price for balls; (other than inflatable or for lawn-tennis, golf or table-tennis) amounted to $7.4 per unit, with an increase of 98% against the previous month. Over the period under review, the import price continues to indicate resilient growth. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 460% m-o-m. The import price peaked in January 2024.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Pakistan ($9.9 per unit), while the price for Japan ($1.2 per unit) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by China (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Malaysia (FOB) - 2022
The average export price for balls; (other than inflatable or for lawn-tennis, golf or table-tennis) stood at $5.6 per unit in 2022, rising by 75% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. Over the period under review, the average export prices attained the maximum at $6.2 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iran ($55 per unit), while the average price for exports to Japan ($1.2 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 Iran (+15.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Malaysia
In 2022, the amount of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) imported into Malaysia surged to 8.6M units, increasing by 142% compared with 2021 figures. Over the period under review, imports showed a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) surged to $12M in 2022. Overall, imports saw a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 7.5 | 4.4 | 5.7 | 10.0 | 10.1% |
Japan | 0.7 | 0.5 | 0.2 | 0.3 | -24.6% |
Others | 1.3 | 0.9 | 0.7 | 1.5 | 4.9% |
Total | 9.6 | 5.8 | 6.6 | 11.8 | 7.1% |
Top Suppliers of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) to Malaysia in 2022:
- China (7.8M units)
- Japan (0.5M units)
Exports of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Malaysia
In 2022, overseas shipments of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) increased by 2.4% to 29K units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a sharp slump. Over the period under review, the exports of reached the maximum at 92K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) soared to $161K in 2022. Over the period under review, total exports indicated a slight expansion from 2019 to 2022: its value increased at an average annual rate of +1.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Malaysia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ireland | N/A | 3.7 | N/A | 73.4 | 345.4% |
Iran | N/A | N/A | N/A | 41.5 | 0% |
Japan | 5.7 | 11.9 | 8.5 | 15.4 | 39.3% |
Singapore | 9.9 | 8.2 | 9.3 | 10.0 | 0.3% |
Philippines | 14.5 | 12.0 | N/A | 6.0 | -25.5% |
China | 1.2 | N/A | 2.0 | 2.9 | 34.2% |
Indonesia | 7.3 | 20.4 | 8.1 | 0.3 | -65.5% |
Papua New Guinea | 65.5 | 11.9 | 1.3 | N/A | -85.9% |
Australia | 34.0 | 17.1 | 2.5 | N/A | -72.9% |
Others | 16.4 | 18.7 | 58.0 | 11.1 | -12.2% |
Total | 155 | 104 | 89.6 | 161 | 1.3% |
Top Export Markets for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) from Malaysia in 2022:
- Japan (13.1K units)
- Ireland (8.8K units)
- China (2.3K units)
- Singapore (1.4K units)
- Iran (0.7K units)
- Philippines (0.5K units)
- Indonesia (0.1K units)
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