Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Ethiopia - 2022

Contents:

  1. Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Ethiopia (CIF) - 2022
  2. Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Ethiopia (FOB) - 2022
  3. Imports of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Ethiopia
  4. Exports of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Ethiopia

Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Ethiopia (CIF) - 2022

The average import price for balls; (other than inflatable or for lawn-tennis, golf or table-tennis) stood at $2.9 per unit in 2022, surging by 26% against the previous year. Over the period under review, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for balls; (other than inflatable or for lawn-tennis, golf or table-tennis) increased by +121.5% against 2016 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +6.2% per year.

Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Ethiopia (FOB) - 2022

In 2022, the average export price for balls; (other than inflatable or for lawn-tennis, golf or table-tennis) amounted to $1.8 per unit, falling by -39.2% against the previous year. In general, the export price continues to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2020 an increase of 80% against the previous year. As a result, the export price reached the peak level of $5.5 per unit. From 2021 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Kenya ($1.3 per unit) and South Africa ($1.2 per unit), while the average price for exports to Mozambique ($1.1 per unit) and Switzerland ($1.1 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+76.3%), 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 Ethiopia

In 2022, supplies from abroad of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) decreased by -43.6% to 61K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, recorded a modest increase. The most prominent rate of growth was recorded in 2021 when imports increased by 52%. As a result, imports reached the peak of 109K units, and then shrank remarkably in the following year.

In value terms, imports of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) contracted markedly to $179K in 2022. In general, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 82%. As a result, imports attained the peak of $252K, and then dropped markedly in the following year.

Import of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China26.461.424617186.4%
Pakistan70.673.40.3N/A-93.5%
Others5.43.56.08.014.0%
Total10213825217920.6%

Top Suppliers of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) to Ethiopia in 2022:

  1. China (58.5K units)

Exports of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Ethiopia

In 2022, overseas shipments of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) were finally on the rise to reach 158 units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a abrupt shrinkage. Over the period under review, the exports of reached the peak figure at 191 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) skyrocketed to $285 in 2022. Overall, exports, however, recorded a sharp slump. The exports peaked at $649 in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Export of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Ethiopia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
South AfricaN/AN/AN/A1020%
MozambiqueN/AN/AN/A34.00%
SwitzerlandN/A20.037.032.026.5%
KenyaN/AN/AN/A16.00%
ZimbabweN/A319N/AN/A0%
Indonesia101N/AN/AN/A0%
Italy396N/AN/AN/A0%
CanadaN/A212N/AN/A0%
Others90.098.052.01013.9%
Total58764989.0285-21.4%

Top Export Markets for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) from Ethiopia in 2022:

  1. South Africa (86.0 units)
  2. Mozambique (31.0 units)
  3. Switzerland (29.0 units)
  4. Kenya (12.0 units)

Source: IndexBox Market Intelligence Platform

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