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Puerto Rico - Balls - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPuerto Rico: Ball Market 2022
Ball Market Size in Puerto Rico
The Puerto Rican ball market expanded notably to $X in 2021, picking up by 7.6% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Puerto Rico consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.
Ball Production in Puerto Rico
In value terms, ball production rose markedly to $X in 2021 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 24%. Puerto Rico production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.
Ball Exports
Exports by Country
China was the main exporting country with an export of around X units, which reached 64% of total exports. It was distantly followed by Thailand (X units), making up an 11% share of total exports. The Netherlands (X units), Germany (X units), Pakistan (X units), France (X units), Belgium (X units) and Vietnam (X units) followed a long way behind the leaders.
Exports from China decreased at an average annual rate of -1.6% from 2012 to 2021. At the same time, the Netherlands (+9.6%), Thailand (+3.0%), France (+1.7%) and Vietnam (+1.7%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the world, with a CAGR of +9.6% from 2012-2021. Belgium, Germany and Pakistan experienced a relatively flat trend pattern. Thailand (+3.6 p.p.) and the Netherlands (+2.5 p.p.) significantly strengthened its position in terms of the global exports, while China saw its share reduced by -2.3% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($X) remains the largest ball supplier from Puerto Rico, comprising 44% of global exports. The second position in the ranking was taken by Thailand ($X), with an 8.6% share of global exports. It was followed by Pakistan, with a 7.8% share.
In China, ball exports shrank by an average annual rate of -1.7% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Thailand (+0.5% per year) and Pakistan (-0.1% per year).
Export Prices by Country
In 2021, the export price in Puerto Rico amounted to less than $X per thousand units, almost unchanged from the previous year. Overall, the export price recorded a relatively flat trend pattern.
Prices varied noticeably country of origin: the country with the highest price was Pakistan ($X per thousand units), while China ($X per thousand units) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+11.0%), while the other leaders experienced more modest paces of growth.
Ball Imports
Imports by Country
In 2021, the United States (X units) represented the key importer of balls, creating 22% of total imports. It was distantly followed by the Netherlands (X units), Germany (X units) and France (X units), together mixing up a 20% share of total imports. The following importers - Spain (X units), Japan (X units), the UK (X units), Italy (X units), India (X units), Belgium (X units), Brazil (X units), South Korea (X units) and Russia (X units) - together made up 23% of total imports.
The United States experienced a relatively flat trend pattern with regard to volume of imports of balls. At the same time, India (+19.9%), the Netherlands (+7.2%), Belgium (+3.9%), Germany (+3.5%) and France (+2.2%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in the world, with a CAGR of +19.9% from 2012-2021. Italy and Spain experienced a relatively flat trend pattern. By contrast, Russia (-1.9%), Japan (-3.3%), the UK (-8.6%), South Korea (-9.3%) and Brazil (-9.3%) illustrated a downward trend over the same period. The Netherlands (+3.5 p.p.), India (+2.1 p.p.) and Germany (+2.1 p.p.) significantly strengthened its position in terms of the global imports, while South Korea, Brazil and the UK saw its share reduced by -2.6%, -2.8% and -3.3% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the United States ($X) constitutes the largest market for imported balls into Puerto Rico, comprising 21% of global imports. The second position in the ranking was held by Germany ($X), with a 7.5% share of global imports. It was followed by France, with a 6.9% share.
From 2012 to 2021, the average annual rate of growth in terms of value in the United States amounted to -1.1%. In the other countries, the average annual rates were as follows: Germany (+0.1% per year) and France (+3.4% per year).
Import Prices by Country
In 2021, the import price in Puerto Rico amounted to less than $X per thousand units, remaining stable against the previous year. Over the period under review, the import price saw a relatively flat trend pattern.
Prices varied noticeably country of destination: the country with the highest price was the UK ($X per thousand units), while India ($X per thousand units) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+10.4%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the ball market in Puerto Rico. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Puerto Rico
- 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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