Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Hong Kong SAR - 2023
Contents:
- Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Hong Kong SAR (CIF) - 2022
- Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Hong Kong SAR (FOB) - 2022
- Imports of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Hong Kong SAR
- Exports of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Hong Kong SAR
Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Hong Kong SAR (CIF) - 2022
The average import price for balls; (other than inflatable or for lawn-tennis, golf or table-tennis) stood at $1.2 per unit in 2022, rising by 14% against the previous year. In general, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.5% 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 +13.8% against 2017 indices. The pace of growth was the most pronounced in 2017 an increase of 57%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($4 per unit), while the price for China ($1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+13.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for balls; (other than inflatable or for lawn-tennis, golf or table-tennis) amounted to $1.3 per unit, rising by 15% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2017 when the average export price increased by 61% against the previous year. As a result, the export price reached the peak level of $1.3 per unit; afterwards, it flattened through to 2022.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($3.1 per unit), while the average price for exports to Singapore ($0.5 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 China (+9.7%), 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 Hong Kong SAR
In 2022, imports of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) into Hong Kong SAR reduced dramatically to 623K units, waning by -52.9% compared with 2021. Over the period under review, imports faced a significant decline. The smallest decline of -22.1% was in 2021. Over the period under review, imports of attained the maximum at 3.1M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) contracted markedly to $726K in 2022. In general, imports saw a sharp downturn. The smallest decline of -19.9% was in 2021. Imports peaked at $2.9M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,615 | 1,594 | 1,137 | 542 | -40.8% |
| Australia | 43.0 | 13.2 | 54.1 | 58.7 | 10.9% |
| Philippines | 4.8 | 13.1 | 14.5 | 42.7 | 107.2% |
| Taiwan (Chinese) | 28.1 | 0.1 | 25.7 | 17.3 | -14.9% |
| Others | 244 | 73.7 | 126 | 65.3 | -35.6% |
| Total | 2,935 | 1,694 | 1,357 | 726 | -37.2% |
Top Suppliers of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) to Hong Kong SAR in 2022:
- China (545.1K units)
- Philippines (34.0K units)
- Australia (19.4K units)
- Taiwan (Chinese) (12.8K units)
Exports of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Hong Kong SAR
Exports of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) from Hong Kong SAR dropped markedly to 360K units in 2022, waning by -30.8% on the previous year. Over the period under review, exports recorded a precipitous curtailment. The pace of growth was the most pronounced in 2021 with an increase of 81% against the previous year. Over the period under review, the exports of attained the peak figure at 927K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) declined notably to $470K in 2022. Overall, exports recorded a precipitous setback. The pace of growth was the most pronounced in 2021 when exports increased by 103% against the previous year. Over the period under review, the exports of attained the maximum at $1.1M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 651 | 125 | 335 | 297 | -23.0% |
| Japan | 108 | 25.3 | 40.6 | 52.4 | -21.4% |
| China | 39.9 | 43.2 | 84.8 | 45.6 | 4.6% |
| Germany | 96.6 | 24.9 | 41.4 | 18.6 | -42.3% |
| France | 18.3 | 8.9 | 9.1 | 11.9 | -13.4% |
| United Kingdom | 45.7 | 10.4 | 9.4 | 11.0 | -37.8% |
| Canada | 37.5 | 6.6 | 8.6 | 9.0 | -37.9% |
| Mexico | 5.1 | 22.0 | 1.2 | 8.7 | 19.5% |
| Singapore | 0.4 | 1.7 | 1.0 | 2.9 | 93.5% |
| Australia | 45.7 | 13.1 | 34.4 | 0.7 | -75.2% |
| Others | 35.0 | 11.0 | 27.3 | 12.6 | -28.9% |
| Total | 1,083 | 292 | 593 | 470 | -24.3% |
Top Export Markets for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) from Hong Kong SAR in 2022:
- United States (240.3K units)
- Japan (35.6K units)
- Germany (15.1K units)
- China (14.8K units)
- France (11.6K units)
- United Kingdom (9.7K units)
- Mexico (8.8K units)
- Canada (6.8K units)
- Singapore (5.9K units)
- Australia (1.1K units)
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