Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Singapore - 2023
Contents:
- Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Singapore (CIF) - 2022
- Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Singapore (FOB) - 2022
- Imports of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Singapore
- Exports of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Singapore
Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Singapore (CIF) - 2022
In 2022, the average import price for balls; (other than inflatable or for lawn-tennis, golf or table-tennis) amounted to $1.9 per unit, increasing by 44% against the previous year. Over the last decade, it increased at an average annual rate of +4.1%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Thailand ($7.1 per unit), while the price for China ($0.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+8.6%), 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 Singapore (FOB) - 2022
In 2022, the average export price for balls; (other than inflatable or for lawn-tennis, golf or table-tennis) amounted to $5.3 per unit, which is down by -6.6% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 52%. As a result, the export price reached the peak level of $5.7 per unit, and then dropped in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($12 per unit), while the average price for exports to the United States ($2.2 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 Malaysia (+9.2%), 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 Singapore
In 2022, the amount of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) imported into Singapore soared to 1.5M units, jumping by 26% on the previous year's figure. Over the period under review, total imports indicated tangible growth from 2019 to 2022: its volume increased at an average annual rate of +3.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 26% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, imports of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) soared to $2.9M in 2022. Overall, imports continue to indicate a resilient expansion. As a result, imports reached 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 Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 853 | 708 | 497 | 1,174 | 11.2% |
| China | 590 | 418 | 535 | 480 | -6.6% |
| Pakistan | 278 | 194 | 192 | 322 | 5.0% |
| United States | 46.1 | 32.5 | 40.8 | 251 | 75.9% |
| Philippines | N/A | 5.9 | 33.2 | 205 | 489.5% |
| Indonesia | 58.9 | 0.9 | 50.0 | 114 | 24.6% |
| Taiwan (Chinese) | 40.2 | 42.3 | 29.5 | 43.9 | 3.0% |
| Italy | 6.9 | 1.4 | 35.7 | 2.4 | -29.7% |
| Others | 315 | 169 | 167 | 262 | -6.0% |
| Total | 2,187 | 1,573 | 1,580 | 2,855 | 9.3% |
Top Suppliers of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) to Singapore in 2022:
- China (964.0K units)
- Thailand (165.4K units)
- Philippines (120.0K units)
- Pakistan (52.3K units)
- Indonesia (46.1K units)
- United States (43.2K units)
- Taiwan (Chinese) (31.0K units)
- Italy (4.7K units)
Exports of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Singapore
In 2022, after two years of decline, there was significant growth in shipments abroad of balls; (other than inflatable or for lawn-tennis, golf or table-tennis), when their volume increased by 86% to 190K units. Overall, exports, however, saw a mild slump. Over the period under review, the exports of attained the peak figure at 196K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) soared to $1M in 2022. In general, exports recorded strong growth. As a result, the exports attained 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 Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 263 | 246 | 178 | 392 | 14.2% |
| Indonesia | 123 | 44.0 | 197 | 231 | 23.4% |
| United States | 42.6 | 18.0 | 40.5 | 72.2 | 19.2% |
| Denmark | N/A | N/A | N/A | 56.7 | 0% |
| Hong Kong SAR | 3.1 | 1.1 | 44.0 | 51.1 | 154.5% |
| Australia | 28.9 | 61.5 | 46.1 | 34.6 | 6.2% |
| Germany | N/A | N/A | N/A | 19.9 | 0% |
| Japan | 76.4 | 22.5 | 2.5 | 18.3 | -37.9% |
| Maldives | 8.2 | 22.1 | 0.1 | 2.3 | -34.5% |
| Others | 136 | 68.4 | 70.7 | 126 | -2.5% |
| Total | 681 | 484 | 579 | 1,003 | 13.8% |
Top Export Markets for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) from Singapore in 2022:
- Indonesia (62.4K units)
- Malaysia (44.8K units)
- United States (33.5K units)
- Denmark (15.6K units)
- Japan (7.8K units)
- Hong Kong SAR (5.0K units)
- Germany (4.7K units)
- Australia (2.9K units)
- Maldives (1.1K units)
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