Balls; Inflatable Price in the Philippines - 2023

Contents:

  1. Balls; Inflatable Price in the Philippines (CIF) - 2022
  2. Balls; Inflatable Price in the Philippines (FOB) - 2022
  3. Balls; Inflatable Imports in the Philippines
  4. Balls; Inflatable Exports in the Philippines

Balls; Inflatable Price in the Philippines (CIF) - 2022

The average balls; inflatable import price stood at $2.1 per unit in 2022, picking up by 51% against the previous year. Overall, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached 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 ($6.3 per unit), while the price for the United States ($0.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Balls; Inflatable Price in the Philippines (FOB) - 2022

In 2022, the average balls; inflatable export price amounted to $4.5 per unit, jumping by 125% against the previous year. Over the period under review, the export price showed prominent growth. The pace of growth appeared the most rapid in 2016 when the average export price increased by 500% against the previous year. As a result, the export price reached the peak level of $7.1 per unit. From 2017 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($6.9 per unit), while the average price for exports to Australia ($2.1 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 Norway (+258.1%), while the prices for the other major destinations experienced more modest paces of growth.

Balls; Inflatable Imports in the Philippines

In 2022, supplies from abroad of balls; inflatables was finally on the rise to reach 1.6M units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a dramatic shrinkage. Imports peaked at 4.7M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, balls; inflatable imports soared to $3.4M in 2022. Over the period under review, imports, however, saw a sharp setback. Imports peaked at $7.7M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Balls; Inflatable in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3,5631,4771,4471,632-22.9%
Thailand3,2331,7021661,087-30.5%
Vietnam56030120.5437-7.9%
United States14189.142.66.0-65.1%
Others24659.830.72713.3%
Total7,7423,6281,7073,433-23.7%

Top Suppliers of Balls; Inflatable to the Philippines in 2022:

  1. China (1242.7K units)
  2. Thailand (173.7K units)
  3. Vietnam (149.9K units)
  4. United States (8.8K units)

Balls; Inflatable Exports in the Philippines

In 2022, the amount of balls; inflatables exported from the Philippines surged to 50K units, with an increase of 120% on the previous year. In general, exports recorded strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, balls; inflatable exports soared to $225K in 2022. Over the period under review, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Balls; Inflatable in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/A0.277.038400.0%
Australia28.736.733.030.21.7%
United StatesN/AN/AN/A30.10%
United KingdomN/A24.7N/A21.6-6.5%
PolandN/AN/AN/A19.60%
CanadaN/AN/AN/A7.10%
MalaysiaN/A0.7N/A6.4202.4%
United Arab Emirates12.36.811.55.3-24.5%
New Zealand6.812.4N/AN/A82.4%
OthersN/A5.00.727.5134.5%
Total47.986.245.422567.5%

Top Export Markets for Balls; Inflatable from the Philippines in 2022:

  1. Netherlands (15.8K units)
  2. Australia (14.7K units)
  3. United States (4.9K units)
  4. Poland (3.3K units)
  5. United Kingdom (3.1K units)
  6. Malaysia (1.2K units)
  7. Canada (1.1K units)
  8. United Arab Emirates (1.0K units)

Source: IndexBox Market Intelligence Platform

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