Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Mexico - 2023

Contents:

  1. Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Mexico (CIF) - 2022
  2. Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Mexico (FOB) - 2023
  3. Imports of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Mexico
  4. Exports of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Mexico

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

In 2022, the average import price for balls; (other than inflatable or for lawn-tennis, golf or table-tennis) amounted to $2.9 per unit, with an increase of 18% against the previous year. Overall, import price indicated resilient growth 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 countries with the highest prices were the United States ($2.9 per unit) and Taiwan (Chinese) ($2.9 per unit), while the price for Pakistan ($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 the United States (+7.1%), 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 Mexico (FOB) - 2023

In November 2023, the average export price for balls; (other than inflatable or for lawn-tennis, golf or table-tennis) amounted to $4.8 per unit, remaining relatively unchanged against the previous month. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 64% m-o-m. Over the period under review, the average export prices reached the peak figure in November 2023.

As there is only one major export destination, the average price level is determined by prices for the United States.

From January 2023 to November 2023, the rate of growth in terms of prices for the United States amounted to 0.0% per month.

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

After two years of decline, supplies from abroad of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) increased by 72% to 1.1M units in 2022. Overall, imports, however, showed a perceptible descent. Over the period under review, imports of hit record highs at 1.3M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) surged to $3.3M in 2022. In general, imports enjoyed resilient growth. 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 Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,4611,7811,5182,8785.4%
Taiwan (Chinese)25.321.739.5335136.6%
United States67.733.853.650.0-9.6%
India1291.1N/AN/A-99.1%
Others54.290.013.837.9-11.2%
Total2,7371,9281,6253,3016.4%

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

  1. China (982.6K units)
  2. Taiwan (Chinese) (114.4K units)
  3. United States (17.1K units)

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

In 2022, the amount of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) exported from Mexico surged to 587K units, with an increase of 47% against 2021 figures. In general, exports, however, saw a noticeable descent. The pace of growth was the most pronounced in 2021 when exports increased by 93% against the previous year. Over the period under review, the exports of reached the peak figure at 645K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) soared to $2M in 2022. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 100%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.90.61.32.01.7%
OthersN/AN/AN/AN/A0%
Total2.00.61.32.00.0%

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

  1. United States (586.9K units)

Source: IndexBox Market Intelligence Platform

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