Lawn-Tennis Balls Price in Brazil - 2023

Contents:

  1. Lawn-Tennis Balls Price in Brazil (CIF) - 2023
  2. Lawn-Tennis Balls Price in Brazil (FOB) - 2022
  3. Lawn-Tennis Balls Imports in Brazil
  4. Lawn-Tennis Balls Exports in Brazil

Lawn-Tennis Balls Price in Brazil (CIF) - 2023

In September 2023, the average lawn-tennis balls import price amounted to $1.1 per unit, picking up by 88% against the previous month. Over the period under review, the import price saw a pronounced expansion. Over the period under review, average import prices attained the maximum at $1.5 per unit in June 2023; however, from July 2023 to September 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was France ($2.4 per unit), while the price for China ($669 per thousand units) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by France (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Lawn-Tennis Balls Price in Brazil (FOB) - 2022

The average lawn-tennis balls export price stood at $7.6 per unit in 2022, increasing by 564% against the previous year. In general, the export price continues to indicate a significant expansion. The growth pace was the most rapid in 2014 an increase of 1,041%. As a result, the export price reached the peak level of $12 per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($8 per unit), while the average price for exports to Hong Kong SAR ($1.2 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 Angola (+70.9%), while the prices for the other major destinations experienced more modest paces of growth.

Lawn-Tennis Balls Imports in Brazil

For the fourth consecutive year, Brazil recorded growth in purchases abroad of lawn-tennis ballses, which increased by 9.6% to 4.6M units in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +19.9% 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 +72.6% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 49% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, lawn-tennis balls imports skyrocketed to $3.4M in 2022. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 65% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Lawn-Tennis Balls in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand1,1161,0941,5931,3255.9%
China3732904671,10543.6%
Indonesia14.975.4237444210.0%
United States47.930.972.623269.2%
SwedenN/AN/A18.8126570.2%
Austria24.043.991.612071.0%
Others99.211123866.2-12.6%
Total1,6741,6442,7183,41926.9%

Top Suppliers of Lawn-Tennis Balls to Brazil in 2022:

  1. China (1561.1K units)
  2. Thailand (1494.3K units)
  3. Indonesia (987.6K units)
  4. United States (284.9K units)
  5. Sweden (127.9K units)
  6. Austria (96.0K units)

Lawn-Tennis Balls Exports in Brazil

In 2022, after three years of growth, there was significant decline in overseas shipments of lawn-tennis ballses, when their volume decreased by -34.5% to 750 units. Overall, exports, however, recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 127%. Over the period under review, the exports reached the maximum at 1.1K units in 2021, and then declined markedly in the following year.

In value terms, lawn-tennis balls exports soared to $5.7K in 2022. In general, exports, however, showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Lawn-Tennis Balls in Brazil (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,320N/AN/A5,12957.2%
Marshall Islands7.043.0149184197.3%
LiberiaN/A85.014712420.8%
Hong Kong SAR35.025.066.028.0-7.2%
CyprusN/A75.028.0N/A-62.7%
PanamaN/A18645.0N/A-75.8%
Uruguay200495785N/A98.1%
Others67220089.0227-30.4%
Total2,2341,1091,3095,69236.6%

Top Export Markets for Lawn-Tennis Balls from Brazil in 2022:

  1. United States (643.0 units)
  2. Marshall Islands (46.0 units)
  3. Hong Kong SAR (24.0 units)
  4. Liberia (22.0 units)

Source: IndexBox Market Intelligence Platform

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