Lawn-Tennis Balls Price in Mexico - 2023
Contents:
Lawn-Tennis Balls Price in Mexico (CIF) - 2023
The average lawn-tennis balls import price stood at $595 per thousand units in August 2023, remaining constant against the previous month. Overall, the import price, however, saw a perceptible contraction. The pace of growth was the most pronounced in April 2023 an increase of 9.4% m-o-m. Over the period under review, average import prices attained the maximum at $842 per thousand units in November 2022; however, from December 2022 to August 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was China ($595 per thousand units), while the price for Thailand stood at $595 per thousand units.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by China (-2.9%).
Lawn-Tennis Balls Imports in Mexico
In 2022, purchases abroad of lawn-tennis ballses increased by 89% to 3.1M units for the first time since 2019, thus ending a two-year declining trend. Overall, imports enjoyed a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, lawn-tennis balls imports skyrocketed to $2M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +11.4% 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 +78.6% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Lawn-Tennis Balls in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 936 | 570 | 809 | 1,245 | 10.0% |
| China | 418 | 518 | 404 | 785 | 23.4% |
| Philippines | 98.6 | 33.3 | N/A | N/A | -66.2% |
| Others | 22.9 | 20.7 | 0.2 | 11.4 | -20.7% |
| Total | 1,475 | 1,142 | 1,213 | 2,041 | 11.4% |
Top Suppliers of Lawn-Tennis Balls to Mexico in 2022:
- Thailand (1.9M units)
- China (1.2M units)
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