Lawn-Tennis Balls Price in Venezuela - 2022
Contents:
- Lawn-Tennis Balls Price in Venezuela (CIF) - 2022
- Lawn-Tennis Balls Price in Venezuela (FOB) - 2022
- Lawn-Tennis Balls Imports in Venezuela
- Lawn-Tennis Balls Exports in Venezuela
Lawn-Tennis Balls Price in Venezuela (CIF) - 2022
In 2022, the average lawn-tennis balls import price amounted to $0.7 per unit, reducing by -2.1% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The pace of growth appeared the most rapid in 2017 when the average import price increased by 28% against the previous year. The import price peaked at $0.8 per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
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 United States ($2.6 per unit), while the price for Spain ($0.4 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 (+20.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Lawn-Tennis Balls Price in Venezuela (FOB) - 2022
The average lawn-tennis balls export price stood at $1 per unit in 2022, reducing by -2.2% against the previous year. In general, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.8% 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 export price decreased by -15.3% against 2017 indices. The pace of growth was the most pronounced in 2014 when the average export price increased by 61% against the previous year. As a result, the export price attained the peak level of $1.3 per unit. From 2015 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Costa Rica.
From 2012 to 2022, the rate of growth in terms of prices for Costa Rica amounted to +3.8% per year.
Lawn-Tennis Balls Imports in Venezuela
In 2022, purchases abroad of lawn-tennis ballses decreased by -28.4% to 62K units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 120% against the previous year. As a result, imports attained the peak of 87K units, and then contracted remarkably in the following year.
In value terms, lawn-tennis balls imports reduced sharply to $45K in 2022. Over the period under review, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 148%. As a result, imports reached the peak of $64K, and then dropped notably in the following year.
| Import of Lawn-Tennis Balls in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.2 | 3.5 | 31.2 | 15.3 | 53.9% |
| Thailand | 7.6 | 12.4 | 14.6 | 11.7 | 15.5% |
| United States | 2.2 | 4.4 | 6.3 | 7.6 | 51.2% |
| Hong Kong SAR | 1.2 | 3.0 | 8.6 | 7.3 | 82.5% |
| United Kingdom | 0.8 | 1.1 | 1.1 | 1.1 | 11.2% |
| Mexico | 0.3 | 0.6 | 0.8 | 0.8 | 38.7% |
| Spain | N/A | 0.2 | 0.6 | 0.5 | 58.1% |
| Others | 0.4 | 0.3 | 0.5 | 0.4 | 0.0% |
| Total | 16.6 | 25.6 | 63.6 | 44.6 | 39.0% |
Top Suppliers of Lawn-Tennis Balls to Venezuela in 2022:
- China (26.9K units)
- Thailand (17.3K units)
- Hong Kong SAR (10.8K units)
- United States (2.9K units)
- Spain (1.4K units)
- United Kingdom (1.3K units)
- Mexico (1.1K units)
Lawn-Tennis Balls Exports in Venezuela
After three years of growth, overseas shipments of lawn-tennis ballses decreased by -5.2% to 330 units in 2022. The total export volume increased at an average annual rate of +5.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 12% against the previous year. As a result, the exports attained the peak of 348 units, and then contracted in the following year.
In value terms, lawn-tennis balls exports dropped to $320 in 2022. The total export value increased at an average annual rate of +8.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 17% against the previous year. As a result, the exports reached the peak of $345, and then shrank in the following year.
| Export of Lawn-Tennis Balls in Venezuela (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | 11.0 | 295 | 345 | 320 | 207.6% |
| Netherlands | 242 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 253 | 295 | 345 | 320 | 8.1% |
Top Export Markets for Lawn-Tennis Balls from Venezuela in 2022:
- Costa Rica (330.0 units)
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