Vietnam - Balls - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBall Price in Vietnam - 2021
Contents:
- Ball Price in Vietnam (FOB) - 2021
- Ball Price in Vietnam (CIF) - 2021
- Ball Exports in Vietnam
- Ball Imports in Vietnam
Ball Price in Vietnam (FOB) - 2021
In December 2021, the average ball export price amounted to $2.0 per unit, waning by -6.4% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2021 when the average export price increased by 6.6% month-to-month. Over the period under review, the average export prices reached the maximum at $2.1 per unit in August 2021; however, from September 2021 to December 2021, the export prices failed to regain momentum.
Average prices varied somewhat for the major overseas markets. In December 2021, the highest price was recorded for prices to Peru ($2.2 per unit) and China ($2.2 per unit), while the average price for exports to Canada ($1.7 per unit) and South Korea ($1.7 per unit) were amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+0.7%), while the prices for the other major destinations experienced more modest paces of growth.
Ball Price in Vietnam (CIF) - 2021
In December 2021, the average ball import price amounted to $811 per thousand units, dropping by -9.3% against the previous month. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2021 when the average import price increased by 157% against the previous month. As a result, import price attained the peak level of $2.1 per unit. From March 2021 to December 2021, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was China ($1.0 per unit), while the price for Thailand ($672 per thousand units) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by the Philippines (0.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Ball Exports in Vietnam
In 2022, ball exports from Vietnam soared to 45M units, increasing by 41% on the year before. Overall, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +17.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.0% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, ball exports soared to $197M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +16.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.4% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Ball in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 62.5 | 93.4 | 71.8 | 101 | 17.3% |
Belgium | 13.6 | 15.4 | 12.7 | 18.9 | 11.6% |
Australia | 3.3 | 4.7 | 6.1 | 7.8 | 33.2% |
France | 6.4 | 6.7 | 2.6 | 7.3 | 4.5% |
Japan | 3.7 | 5.9 | 5.5 | 7.0 | 23.7% |
Germany | 6.1 | 5.1 | 3.1 | 6.7 | 3.2% |
Canada | 2.6 | 3.3 | 4.5 | 5.7 | 29.9% |
China | 3.5 | 6.7 | 2.9 | 5.7 | 17.7% |
United Kingdom | 4.1 | 3.2 | 3.4 | 5.0 | 6.8% |
Netherlands | 1.5 | 2.8 | 3.5 | 4.4 | 43.1% |
Brazil | 2.9 | 2.4 | 2.5 | 3.6 | 7.5% |
Others | 15.8 | 16.1 | 16.2 | 23.7 | 14.5% |
Total | 126 | 166 | 135 | 197 | 16.1% |
Top Export Markets for Ball from Vietnam in 2022:
- United States (23.6M units)
- Belgium (4.6M units)
- Australia (2.1M units)
- Japan (1.6M units)
- Canada (1.5M units)
- Netherlands (1.3M units)
- United Kingdom (1.2M units)
- Germany (1.1M units)
- France (1.0M units)
- China (1.0M units)
- Brazil (0.9M units)
Ball Imports in Vietnam
In 2022, purchases abroad of balls decreased by -29.7% to 30M units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 76% against the previous year. As a result, imports attained the peak of 42M units, and then dropped markedly in the following year.
In value terms, ball imports stood at $5M in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 7.5% against the previous year. Imports peaked at $5.1M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Ball in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 1.4 | 1.6 | 2.4 | 2.2 | 16.3% |
China | 2.6 | 2.4 | 2.1 | 2.2 | -5.4% |
Philippines | 0.2 | 0.1 | 0.2 | 0.2 | 0.0% |
Others | 0.8 | 0.4 | 0.4 | 0.5 | -14.5% |
Total | 5.1 | 4.7 | 5.0 | 5.0 | -0.7% |
Top Suppliers of Ball to Vietnam in 2022:
- Thailand (20.2M units)
- China (7.1M units)
- Philippines (1.5M units)
This report provides an in-depth analysis of the ball market in Vietnam. 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:
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Vietnam
- 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
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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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In 2016, the global imports of golf equipment amounted to X tons, picking up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the ...
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