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

Contents:

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

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

The average export price for balls; (other than inflatable or for lawn-tennis, golf or table-tennis) stood at $3.1 per unit in July 2023, with a decrease of -23.1% against the previous month. Over the period under review, the export price continues to indicate a slight reduction. The growth pace was the most rapid in April 2023 when the average export price increased by 17% m-o-m. Over the period under review, the average export prices hit record highs at $4.0 per unit in June 2023, and then contracted significantly in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Denmark ($7.5 per unit), while the average price for exports to Bangladesh ($1.0 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for balls; (other than inflatable or for lawn-tennis, golf or table-tennis) stood at $0.4 per unit in 2022, declining by -39.9% against the previous year. Over the period under review, the import price recorded a pronounced shrinkage. The growth pace was the most rapid in 2014 an increase of 25% against the previous year. Over the period under review, average import prices hit record highs at $0.9 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 the UK ($1.7 per unit), while the price for Taiwan (Chinese) ($0.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+10.8%), 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 Pakistan

In 2022, the amount of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) exported from Pakistan skyrocketed to 4.5M units, increasing by 25% on 2021. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 30% against the previous year. The exports peaked at 4.6M 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) rose significantly to $15M in 2022. The total export value increased at an average annual rate of +8.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 34%. Over the period under review, the exports of attained the maximum 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 Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom2,1331,5302,5782,98311.8%
Germany1,1961,0961,1131,73313.2%
Denmark1,1861,4832,1181,67812.3%
Ireland1,0721,1101,4301,44210.4%
United States7915179551,29317.8%
Netherlands4127211,06375122.2%
South Africa5953494416905.1%
Australia3973716295179.2%
Brazil94.917182.549673.5%
Spain18616912642932.1%
Belgium496551604422-5.2%
Turkey20020919132417.4%
United Arab Emirates302140213203-12.4%
Others2,9471,9642,3232,319-7.7%
Total12,00910,38113,86715,2818.4%

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

  1. United Kingdom (844.0K units)
  2. Ireland (780.9K units)
  3. Germany (343.3K units)
  4. Denmark (316.2K units)
  5. United States (286.8K units)
  6. South Africa (283.2K units)
  7. Netherlands (192.1K units)
  8. Brazil (176.5K units)
  9. Spain (126.2K units)
  10. Australia (120.9K units)
  11. Belgium (120.7K units)
  12. Turkey (105.2K units)
  13. United Arab Emirates (83.5K units)

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

In 2022, the amount of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) imported into Pakistan surged to 402K units, picking up by 33% against the previous year. In general, imports showed a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 65% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, imports of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) contracted remarkably to $173K in 2022. Over the period under review, imports, however, continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2021 when imports increased by 26%. Imports peaked at $276K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China14193.096.0109-8.2%
Taiwan (Chinese)46.827.243.431.3-12.5%
Australia52.818.645.822.8-24.4%
Thailand25.016.616.40.4-74.8%
Others10.115.614.610.0-0.3%
Total276171216173-14.4%

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

  1. China (261.0K units)
  2. Taiwan (Chinese) (108.2K units)
  3. Australia (18.7K units)
  4. Thailand (0.6K units)

Source: IndexBox Market Intelligence Platform

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