Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Sri Lanka - 2022

Contents:

  1. Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Sri Lanka (FOB) - 2022
  2. Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Sri Lanka (CIF) - 2022
  3. Exports of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Sri Lanka
  4. Imports of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Sri Lanka

Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Sri Lanka (FOB) - 2022

In 2022, the average export price for balls; (other than inflatable or for lawn-tennis, golf or table-tennis) amounted to $1.5 per unit, shrinking by -43.1% against the previous year. Overall, the export price continues to indicate a slight slump. The pace of growth appeared the most rapid in 2014 an increase of 57% against the previous year. The export price peaked at $3.8 per unit in 2020; however, from 2021 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 the United States ($3.6 per unit), while the average price for exports to Japan ($1.3 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 the United States (+6.9%), while the prices for the other major destinations experienced a decline.

Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Sri Lanka (CIF) - 2022

The average import price for balls; (other than inflatable or for lawn-tennis, golf or table-tennis) stood at $0.8 per unit in 2022, declining by -6.4% against the previous year. Overall, the import price, however, saw pronounced growth. The pace of growth appeared the most rapid in 2015 when the average import price increased by 43%. As a result, import price attained the peak level of $1.3 per unit. From 2016 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($4 per unit), while the price for Indonesia ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+18.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Sri Lanka

In 2022, approx. 1.3M units of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) were exported from Sri Lanka; increasing by 32% against 2021 figures. In general, exports enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of 82% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, exports of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) declined dramatically to $2.1M in 2022. Over the period under review, exports, however, recorded a abrupt downturn. The growth pace was the most rapid in 2021 when exports increased by 29% against the previous year. As a result, the exports reached the peak of $2.7M, and then fell dramatically in the following year.

Export of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan1,0411,0251,6721,1613.7%
South Korea8219418208330.5%
United States43084.564.815.2-67.2%
Others12766.017740.8-31.5%
Total2,4202,1172,7342,050-5.4%

Top Export Markets for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) from Sri Lanka in 2022:

  1. Japan (865.5K units)
  2. South Korea (456.8K units)
  3. United States (4.3K units)

Imports of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Sri Lanka

Imports of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) into Sri Lanka contracted significantly to 740K units in 2022, which is down by -22.6% compared with the previous year's figure. Over the period under review, imports saw a precipitous decline. The most prominent rate of growth was recorded in 2021 when imports increased by 22%. Over the period under review, imports of hit record highs at 1.7M 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) contracted rapidly to $581K in 2022. In general, imports saw a abrupt downturn. The growth pace was the most rapid in 2021 when imports increased by 46%. Imports peaked at $919K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia413250421278-12.4%
Pakistan173105198142-6.4%
China12389.965.362.8-20.1%
India13056.659.158.2-23.5%
Indonesia17.116.619.321.07.1%
United Arab Emirates5.36.614.16.78.1%
Philippines4.20.62.84.0-1.6%
Others52.523.522.47.7-47.3%
Total919550802581-14.2%

Top Suppliers of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) to Sri Lanka in 2022:

  1. Pakistan (219.0K units)
  2. Indonesia (211.3K units)
  3. India (117.7K units)
  4. Australia (69.7K units)
  5. China (60.0K units)
  6. Philippines (38.6K units)
  7. United Arab Emirates (16.3K units)

Source: IndexBox Market Intelligence Platform

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