Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in the United States - 2023
Contents:
- Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in the United States (CIF) - 2023
- Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in the United States (FOB) - 2022
- Imports of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in the United States
- Exports of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in the United States
Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in the United States (CIF) - 2023
In December 2023, the average import price for balls; (other than inflatable or for lawn-tennis, golf or table-tennis) amounted to $1.6 per unit, almost unchanged from the previous month. Overall, the import price showed a slight curtailment. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 62% against the previous month. Over the period under review, average import prices reached the maximum at $2.2 per unit in April 2023; however, from May 2023 to December 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Costa Rica ($7.1 per unit), while the price for Singapore ($950 per thousand units) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+2.6%), 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 the United States (FOB) - 2022
In 2022, the average export price for balls; (other than inflatable or for lawn-tennis, golf or table-tennis) amounted to $6.1 per unit, growing by 63% against the previous year. In general, the export price recorded moderate growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($21 per unit), while the average price for exports to Italy ($2 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 Hong Kong SAR (+19.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in the United States
In 2022, approx. 101M units of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) were imported into the United States; increasing by 44% compared with 2021 figures. Overall, total imports indicated a perceptible increase from 2019 to 2022: its volume increased at an average annual rate of +2.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.3% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) surged to $194M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +7.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +89.7% against 2020 indices. 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 the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 104 | 64.7 | 78.5 | 116 | 3.7% |
| Cambodia | 10.8 | 8.3 | 12.0 | 26.4 | 34.7% |
| Costa Rica | 18.6 | 12.5 | 12.6 | 19.3 | 1.2% |
| Vietnam | 9.1 | 6.3 | 5.2 | 15.5 | 19.4% |
| Taiwan (Chinese) | 8.1 | 4.6 | 7.4 | 9.3 | 4.7% |
| Mexico | 1.7 | 0.7 | 1.0 | 1.3 | -8.6% |
| Others | 5.4 | 5.3 | 4.5 | 6.9 | 8.5% |
| Total | 158 | 102 | 121 | 194 | 7.1% |
Top Suppliers of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) to the United States in 2022:
- China (68.1M units)
- Cambodia (12.3M units)
- Vietnam (6.9M units)
- Taiwan (Chinese) (5.7M units)
- Costa Rica (4.1M units)
- Mexico (1.6M units)
Exports of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in the United States
In 2022, approx. 1.4M units of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) were exported from the United States; shrinking by -31.6% compared with the previous year's figure. In general, exports recorded a sharp decline. The smallest decline of -22.5% was in 2021. The exports peaked at 4.1M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) stood at $8.7M in 2022. The total export value increased at an average annual rate of +5.0% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of 13% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 3,715 | 3,556 | 4,249 | 5,190 | 11.8% |
| Japan | 171 | 117 | 351 | 671 | 57.7% |
| Mexico | 478 | 590 | 446 | 507 | 2.0% |
| Dominican Republic | 782 | 663 | 558 | 484 | -14.8% |
| Netherlands | 69.6 | 295 | 479 | 233 | 49.6% |
| Singapore | 84.9 | 71.1 | 8.4 | 171 | 26.3% |
| Australia | 109 | 178 | 207 | 115 | 1.8% |
| United Kingdom | 769 | 41.6 | 138 | 99.4 | -49.4% |
| Italy | 128 | 116 | 152 | 79.6 | -14.6% |
| Others | 1,179 | 1,235 | 1,190 | 1,125 | -1.6% |
| Total | 7,484 | 6,861 | 7,778 | 8,673 | 5.0% |
Top Export Markets for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) from the United States in 2022:
- Canada (850.7K units)
- Mexico (115.4K units)
- Japan (92.6K units)
- Dominican Republic (73.5K units)
- Singapore (48.0K units)
- Netherlands (43.0K units)
- Italy (40.5K units)
- United Kingdom (26.2K units)
- Australia (6.4K units)
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