Lawn-Tennis Balls Price in Kenya - 2021

Contents:

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

Lawn-Tennis Balls Price in Kenya (CIF) - 2022

The average lawn-tennis balls import price stood at $0.9 per unit in 2022, surging by 29% against the previous year. Over the period under review, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +7.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, lawn-tennis balls import price increased by +105.3% against 2017 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 29% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Philippines ($3.3 per unit), while the price for Thailand ($0.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mauritius (+24.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average lawn-tennis balls export price amounted to $1.4 per unit, dropping by -3.5% against the previous year. Overall, the export price, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2020 an increase of 60%. Over the period under review, the average export prices hit record highs at $1.5 per unit in 2021, and then fell modestly in the following year.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($1.8 per unit), while the average price for exports to Tanzania amounted to $1.4 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda (+18.6%).

Lawn-Tennis Balls Imports in Kenya

In 2022, lawn-tennis balls imports into Kenya soared to 240K units, rising by 34% against 2021 figures. Over the period under review, imports continue to indicate a significant increase. The growth pace was the most rapid in 2020 when imports increased by 702% against the previous year. As a result, imports reached the peak of 440K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, lawn-tennis balls imports surged to $211K in 2022. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 765%. As a result, imports reached the peak of $299K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Lawn-Tennis Balls in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand1.416749.599.6314.4%
Philippines0.11.013.427.0546.3%
Netherlands1.815.213.326.7145.7%
MauritiusN/AN/A11.420.983.3%
China19.387.610.220.01.2%
Germany3.412.62.83.3-1.0%
Others8.715.321.413.114.6%
Total34.629912221182.7%

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

  1. Thailand (163.4K units)
  2. Netherlands (40.2K units)
  3. China (10.6K units)
  4. Philippines (8.2K units)
  5. Mauritius (7.1K units)
  6. Germany (2.5K units)

Lawn-Tennis Balls Exports in Kenya

After two years of decline, overseas shipments of lawn-tennis ballses increased by 0.9% to 1.4K units in 2022. Over the period under review, exports, however, showed a abrupt decline. Over the period under review, the exports reached the peak figure at 2.1K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, lawn-tennis balls exports reduced modestly to $2K in 2022. The total export value increased at an average annual rate of +2.8% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 5.8%. As a result, the exports attained the peak of $2K, and then shrank in the following year.

Export of Lawn-Tennis Balls in Kenya (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tanzania1,7251,8811,9661,8983.2%
Rwanda57.013.018.033.0-16.7%
Others18.08.028.027.014.5%
Total1,8001,9022,0121,9582.8%

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

  1. Tanzania (1359.0 units)
  2. Rwanda (18.0 units)

Source: IndexBox Market Intelligence Platform

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