Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Panama - 2023
Contents:
- Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Panama (CIF) - 2022
- Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Panama (FOB) - 2022
- Imports of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Panama
- Exports of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Panama
Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Panama (CIF) - 2022
The average import price for balls; (other than inflatable or for lawn-tennis, golf or table-tennis) stood at $2.9 per unit in 2022, picking up by 21% against the previous year. In general, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +7.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for balls; (other than inflatable or for lawn-tennis, golf or table-tennis) increased by +98.2% against 2012 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Ecuador ($2.9 per unit) and the United States ($2.9 per unit), while the price for Free Zones ($2.9 per unit) and China ($2.9 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (+7.6%), 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 Panama (FOB) - 2022
The average export price for balls; (other than inflatable or for lawn-tennis, golf or table-tennis) stood at $3.6 per unit in 2022, approximately reflecting the previous year. In general, the export price enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 49%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Trinidad and Tobago ($8.2 per unit), while the average price for exports to Uruguay ($1.8 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 Guyana (+27.5%), 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 Panama
In 2022, the amount of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) imported into Panama fell to 782K units, with a decrease of -6.5% on the year before. Over the period under review, imports recorded a sharp decrease. Over the period under review, imports of attained the peak figure at 2.2M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) rose notably to $2.3M in 2022. In general, imports continue to indicate a precipitous contraction. Over the period under review, imports of hit record highs at $4.7M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | 934 | 431 | 1,052 | 1,502 | 17.2% |
| United States | 258 | 132 | 154 | 286 | 3.5% |
| China | 863 | 1,108 | 788 | 285 | -30.9% |
| Pakistan | 34.2 | 5.7 | N/A | 98.1 | 42.1% |
| Hong Kong SAR | 11.9 | 0.3 | N/A | 40.0 | 49.8% |
| Thailand | 2,242 | 552 | 0.6 | 6.7 | -85.6% |
| Ecuador | N/A | 1,312 | N/A | 0.2 | -98.8% |
| Indonesia | 178 | 74.7 | N/A | N/A | -58.0% |
| Others | 141 | 139 | 25.8 | 70.9 | -20.5% |
| Total | 4,662 | 3,755 | 2,020 | 2,289 | -21.1% |
Top Suppliers of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) to Panama in 2022:
- Free Zones (512.9K units)
- United States (97.6K units)
- China (97.5K units)
- Pakistan (33.5K units)
- Hong Kong SAR (13.7K units)
- Thailand (2.3K units)
- Ecuador (0.1K units)
Exports of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Panama
In 2022, shipments abroad of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) was finally on the rise to reach 34K units after two years of decline. In general, exports, however, continue to indicate a dramatic descent. The exports peaked at 86K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) skyrocketed to $121K in 2022. Over the period under review, exports, however, showed a abrupt downturn. Over the period under review, the exports of hit record highs at $232K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Dominican Republic | 18.7 | 26.5 | 0.7 | 49.8 | 38.6% |
| Aruba | 4.9 | 5.7 | 8.1 | 15.7 | 47.4% |
| Belize | 0.2 | 3.8 | 0.5 | 10.1 | 269.6% |
| Costa Rica | 16.9 | 6.6 | 3.9 | 9.4 | -17.8% |
| Trinidad and Tobago | 6.7 | 3.8 | 17.8 | 7.4 | 3.4% |
| El Salvador | N/A | N/A | N/A | 3.9 | 0% |
| Guatemala | 86.9 | 18.8 | 18.2 | 3.5 | -65.7% |
| Uruguay | N/A | N/A | N/A | 3.0 | 0% |
| Germany | 57.1 | N/A | N/A | N/A | 0% |
| Colombia | 15.0 | N/A | N/A | N/A | 0% |
| Others | 25.2 | 15.9 | 36.8 | 18.1 | -10.4% |
| Total | 232 | 81.2 | 85.9 | 121 | -19.5% |
Top Export Markets for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) from Panama in 2022:
- Dominican Republic (12.3K units)
- Aruba (6.3K units)
- Costa Rica (3.7K units)
- Belize (3.2K units)
- Uruguay (1.7K units)
- El Salvador (0.9K units)
- Trinidad and Tobago (0.9K units)
- Guatemala (0.8K units)
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