Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Canada - 2024
Contents:
- Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Canada (CIF) - 2024
- Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Canada (FOB) - 2022
- Imports of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Canada
- Exports of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Canada
Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Canada (CIF) - 2024
The average import price for balls; (other than inflatable or for lawn-tennis, golf or table-tennis) stood at $3.0 per unit in December 2023, picking up by 6.9% against the previous month. Over the period under review, import price indicated a slight increase from January 2023 to December 2023: its price increased at an average monthly rate of +1.9% over the last eleven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for balls; (other than inflatable or for lawn-tennis, golf or table-tennis) increased by +21.3% against September 2023 indices. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 41% month-to-month. Over the period under review, average import prices hit record highs at $4.5 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 the United States ($9.5 per unit), while the price for China ($2.5 per unit) was amongst the lowest.
From January 2023 to December 2023, the most notable rate of growth in terms of prices was attained by China (+1.5%), while the prices for the other major suppliers experienced a decline.
Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Canada (FOB) - 2022
The average export price for balls; (other than inflatable or for lawn-tennis, golf or table-tennis) stood at $5.2 per unit in 2022, picking up by 6.8% against the previous year. In general, the export price showed a prominent expansion. The growth pace was the most rapid in 2015 an increase of 421% against the previous year. As a result, the export price attained the peak level of $16 per unit. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($5.5 per unit), while the average price for exports to the Netherlands ($3.4 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 Vietnam (+1,094.5%), 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 Canada
Imports of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) into Canada soared to 5.1M units in 2022, rising by 62% against 2021 figures. Over the period under review, imports posted strong growth. As a result, imports attained 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) soared to $13M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +9.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.9% against 2020 indices. 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 Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.9 | 4.3 | 5.9 | 8.2 | 11.6% |
| Taiwan (Chinese) | 0.9 | 0.7 | 0.7 | 1.1 | 6.9% |
| United States | 0.8 | 0.9 | 0.7 | 0.8 | 0.0% |
| Vietnam | 0.9 | 0.3 | 0.3 | 0.7 | -8.0% |
| Cambodia | 0.2 | N/A | N/A | 0.3 | 14.5% |
| India | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 1.7 | 1.1 | 1.3 | 2.2 | 9.0% |
| Total | 10.4 | 7.5 | 9.0 | 13.4 | 8.8% |
Top Suppliers of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) to Canada in 2022:
- China (4018.0K units)
- Cambodia (301.1K units)
- Vietnam (242.2K units)
- Taiwan (Chinese) (180.0K units)
- India (97.9K units)
- United States (72.9K units)
Exports of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Canada
In 2022, exports of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) from Canada reduced rapidly to 50K units, dropping by -36.9% against the previous year's figure. Overall, exports saw a sharp reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 28%. Over the period under review, the exports of attained the peak figure at 101K 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) fell sharply to $260K in 2022. In general, exports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 58% against the previous year. As a result, the exports reached the peak of $386K, and then shrank remarkably in the following year.
| Export of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 170 | 155 | 321 | 167 | -0.6% |
| Spain | 2.5 | N/A | 26.4 | 34.4 | 139.6% |
| Switzerland | 18.3 | 31.2 | 15.6 | 29.7 | 17.5% |
| Germany | 7.1 | 4.9 | 1.3 | 9.8 | 11.3% |
| Netherlands | 2.5 | 0.1 | N/A | 7.9 | 46.7% |
| United Kingdom | 21.2 | N/A | 0.1 | 4.0 | -42.6% |
| Barbados | 48.2 | N/A | N/A | N/A | 0% |
| Australia | 0.3 | 40.6 | N/A | N/A | 13433.3% |
| Others | 34.3 | 12.5 | 21.2 | 6.7 | -42.0% |
| Total | 305 | 245 | 386 | 260 | -5.2% |
Top Export Markets for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) from Canada in 2022:
- United States (31.7K units)
- Spain (6.5K units)
- Switzerland (5.6K units)
- Netherlands (2.3K units)
- Germany (1.9K units)
- United Kingdom (0.7K units)
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