Lawn-Tennis Balls Price in the Dominican Republic - 2023

Contents:

  1. Lawn-Tennis Balls Price in the Dominican Republic (CIF) - 2022
  2. Lawn-Tennis Balls Imports in the Dominican Republic

Lawn-Tennis Balls Price in the Dominican Republic (CIF) - 2022

The average lawn-tennis balls import price stood at $1.2 per unit in 2022, shrinking by -2.1% against the previous year. In general, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, lawn-tennis balls import price decreased by -15.7% against 2020 indices. The pace of growth was the most pronounced in 2017 an increase of 70%. Over the period under review, average import prices attained the peak figure at $1.4 per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($1.7 per unit), while the price for France ($0.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Lawn-Tennis Balls Imports in the Dominican Republic

In 2022, purchases abroad of lawn-tennis ballses increased by 217% to 123K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports enjoyed a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, lawn-tennis balls imports soared to $147K in 2022. In general, imports enjoyed prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Lawn-Tennis Balls in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China54.224.825.184.415.9%
Thailand52.421.510.445.7-4.5%
United States4.42.21.78.524.5%
Spain4.55.24.65.78.2%
France2.12.82.01.5-10.6%
Others2.96.13.81.5-19.7%
Total12062.547.41477.0%

Top Suppliers of Lawn-Tennis Balls to the Dominican Republic in 2022:

  1. China (70.2K units)
  2. Thailand (41.3K units)
  3. United States (5.7K units)
  4. Spain (3.3K units)
  5. France (1.9K units)

Source: IndexBox Market Intelligence Platform

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