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Mexico - Balls - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBall Price in Mexico - 2023
Contents:
- Ball Price in Mexico (CIF) - 2023
- Ball Price in Mexico (FOB) - 2023
- Ball Imports in Mexico
- Ball Exports in Mexico
Ball Price in Mexico (CIF) - 2023
The average ball import price stood at $3.4 per unit in June 2023, with a decrease of -17.5% against the previous month. In general, import price indicated a modest increase from June 2022 to June 2023: its price increased at an average monthly rate of +1.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, ball import price increased by +49.1% against March 2023 indices. The most prominent rate of growth was recorded in July 2022 when the average import price increased by 62% against the previous month. As a result, import price attained the peak level of $4.6 per unit. From August 2022 to June 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Vietnam ($5.0 per unit), while the price for Thailand ($2.0 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Thailand (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Ball Price in Mexico (FOB) - 2023
The average ball export price stood at $2.9 per unit in June 2023, approximately mirroring the previous month. In general, the export price continues to indicate a prominent increase. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 372% month-to-month. The export price peaked at $5.6 per unit in March 2023; however, from April 2023 to June 2023, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From June 2022 to June 2023, the rate of growth in terms of prices for the United States amounted to +10.6% per month.
Ball Imports in Mexico
In 2022, overseas purchases of balls increased by 87% to 9.3M units for the first time since 2019, thus ending a two-year declining trend. Overall, imports recorded a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, ball imports soared to $30M in 2022. Over the period under review, imports showed a temperate increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Ball in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 18.3 | 10.1 | 10.4 | 18.9 | 1.1% |
Thailand | 3.9 | 2.5 | 2.3 | 3.7 | -1.7% |
Vietnam | 2.8 | 1.9 | 1.5 | 3.3 | 5.6% |
Pakistan | N/A | 2.4 | 1.1 | 2.7 | 6.1% |
Taiwan (Chinese) | 0.1 | 0.1 | 0.1 | 0.7 | 91.3% |
Others | 0.7 | 0.2 | 0.1 | 0.3 | -24.6% |
Total | 25.8 | 17.2 | 15.5 | 29.6 | 4.7% |
Top Suppliers of Ball to Mexico in 2022:
- China (5.4M units)
- Thailand (2.4M units)
- Vietnam (0.7M units)
- Pakistan (0.5M units)
- Taiwan (Chinese) (0.2M units)
Ball Exports in Mexico
In 2022, approx. 831K units of balls were exported from Mexico; growing by 4.7% against 2021. In general, exports recorded a buoyant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 156% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the immediate term.
In value terms, ball exports surged to $2.4M in 2022. Over the period under review, exports posted a noticeable expansion. The growth pace was the most rapid in 2021 with an increase of 84%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
Export of Ball in Mexico (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1,966 | 682 | 1,410 | 2,215 | 4.1% |
El Salvador | 31.6 | 16.6 | N/A | 116 | 54.3% |
Guatemala | 52.1 | 30.6 | N/A | 58.3 | 3.8% |
Others | 119 | 37.4 | 1.5 | 21.8 | -43.2% |
Total | 2,169 | 766 | 1,411 | 2,411 | 3.6% |
Top Export Markets for Ball from Mexico in 2022:
- United States (760.2K units)
- El Salvador (41.8K units)
- Guatemala (21.0K units)
This report provides an in-depth analysis of the ball market in Mexico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 32301580 - Balls (excluding golf balls, table-tennis balls, medicine balls and punch balls)
Country coverage:
- Mexico
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Mexico
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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