Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Vietnam - 2022
Contents:
- Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Vietnam (FOB) - 2022
- Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Vietnam (CIF) - 2022
- Exports of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Vietnam
- Imports of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Vietnam
Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Vietnam (FOB) - 2022
In 2022, the average export price for balls; (other than inflatable or for lawn-tennis, golf or table-tennis) amounted to $3.3 per unit, with an increase of 3.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.1%. The most prominent rate of growth was recorded in 2017 an increase of 33%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Japan ($3.3 per unit) and the United States ($3.3 per unit), while the average price for exports to China ($3 per unit) and South Korea ($3 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.8%), 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 Vietnam (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 15% against the previous year. Over the period under review, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +8.2% 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 +119.0% against 2012 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 18% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Taiwan (Chinese) ($2.9 per unit) and Indonesia ($2.9 per unit), while the price for Belgium ($2.9 per unit) and France ($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 France (+12.9%), 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 Vietnam
Exports of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) from Vietnam soared to 5.5M units in 2022, with an increase of 137% compared with the previous year's figure. Over the period under review, exports saw a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) soared to $18M in 2022. In general, exports enjoyed resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 11.0 | 4.8 | 5.1 | 15.6 | 12.4% |
| Japan | 0.7 | 1.0 | 0.8 | 1.5 | 28.9% |
| Canada | 0.7 | 0.1 | 0.3 | 0.6 | -5.0% |
| Others | 0.5 | 0.6 | 1.2 | 0.6 | 6.3% |
| Total | 12.9 | 6.5 | 7.4 | 18.3 | 12.4% |
Top Export Markets for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) from Vietnam in 2022:
- United States (4.7M units)
- Japan (0.4M units)
- Canada (0.2M units)
Imports of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Vietnam
For the third year in a row, Vietnam recorded decline in supplies from abroad of balls; (other than inflatable or for lawn-tennis, golf or table-tennis), which decreased by -2.7% to 168K units in 2022. Overall, imports showed a abrupt curtailment. Over the period under review, imports of attained the maximum at 253K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) expanded rapidly to $492K in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. As a result, imports attained 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 Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 212 | 293 | 268 | 367 | 20.1% |
| India | 147 | 37.3 | 118 | 52.6 | -29.0% |
| Japan | 41.3 | 20.5 | 21.4 | 18.8 | -23.1% |
| Thailand | 25.7 | 3.4 | 17.9 | 17.4 | -12.2% |
| Belgium | N/A | N/A | N/A | 10.3 | 0% |
| France | 35.1 | 10.4 | 10.4 | 9.5 | -35.3% |
| United States | 13.0 | 36.6 | N/A | 6.0 | -22.7% |
| Others | 16.8 | 10.0 | 3.3 | 11.2 | -12.6% |
| Total | 491 | 411 | 439 | 492 | 0.1% |
Top Suppliers of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) to Vietnam in 2022:
- China (125.2K units)
- India (17.9K units)
- Japan (6.4K units)
- Thailand (5.9K units)
- Belgium (3.5K units)
- France (3.2K units)
- United States (2.1K units)
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