Lawn-Tennis Balls Price in Panama - 2023
Contents:
- Lawn-Tennis Balls Price in Panama (CIF) - 2022
- Lawn-Tennis Balls Price in Panama (FOB) - 2022
- Lawn-Tennis Balls Imports in Panama
- Lawn-Tennis Balls Exports in Panama
Lawn-Tennis Balls Price in Panama (CIF) - 2022
In 2022, the average lawn-tennis balls import price amounted to $0.8 per unit, rising by 15% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 21%. The import price peaked in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($0.8 per unit) and Thailand ($0.8 per unit), while the price for Free Zones ($0.8 per unit) and China ($0.8 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Lawn-Tennis Balls Price in Panama (FOB) - 2022
The average lawn-tennis balls export price stood at $1.3 per unit in 2022, increasing by 27% against the previous year. Over the period under review, the export price recorded a noticeable increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 74%. The export price peaked at $1.6 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($1.8 per unit), while the average price for exports to Barbados ($0.7 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 Chile (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.
Lawn-Tennis Balls Imports in Panama
After two years of decline, overseas purchases of lawn-tennis ballses increased by 3.6% to 203K units in 2022. Over the period under review, imports, however, faced a sharp decline. Imports peaked at 416K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, lawn-tennis balls imports soared to $171K in 2022. Overall, imports, however, showed a deep slump. Over the period under review, imports attained the peak figure at $255K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Lawn-Tennis Balls in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | 36.8 | 47.3 | 87.9 | 93.7 | 36.6% |
| China | 28.2 | 91.4 | 36.2 | 50.8 | 21.7% |
| Thailand | 48.3 | 23.9 | 4.5 | 10.5 | -39.9% |
| Spain | 1.4 | 0.4 | 6.7 | 10.2 | 93.9% |
| United States | 16.4 | 4.3 | 7.3 | 4.5 | -35.0% |
| South Korea | 108 | 3.7 | N/A | N/A | -96.6% |
| Philippines | N/A | 46.8 | N/A | N/A | 0% |
| Others | 15.2 | 6.6 | 0.5 | 0.8 | -62.5% |
| Total | 255 | 224 | 143 | 171 | -12.5% |
Top Suppliers of Lawn-Tennis Balls to Panama in 2022:
- Free Zones (111.3K units)
- China (60.3K units)
- Thailand (12.5K units)
- Spain (12.1K units)
- United States (5.3K units)
Lawn-Tennis Balls Exports in Panama
In 2022, overseas shipments of lawn-tennis ballses were finally on the rise to reach 25K units after two years of decline. Overall, exports, however, continue to indicate a sharp contraction. Over the period under review, the exports reached the maximum at 66K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, lawn-tennis balls exports skyrocketed to $33K in 2022. Over the period under review, exports, however, continue to indicate a abrupt descent. The exports peaked at $40K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Lawn-Tennis Balls in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | N/A | 6.8 | 2.6 | 17.5 | 60.4% |
| Costa Rica | 21.6 | 2.6 | 1.5 | 9.0 | -25.3% |
| Ecuador | 0.1 | N/A | 1.5 | 2.7 | 200.0% |
| Barbados | N/A | N/A | 0.9 | 0.4 | -55.6% |
| Peru | 1.8 | N/A | N/A | N/A | 0% |
| Bermuda | 12.3 | 6.3 | 4.4 | N/A | -40.2% |
| Guatemala | 1.2 | N/A | 7.9 | N/A | 156.6% |
| Colombia | 1.3 | N/A | N/A | N/A | 0% |
| Others | 1.3 | 6.6 | 4.2 | 3.5 | 39.1% |
| Total | 39.6 | 22.4 | 23.0 | 33.1 | -5.8% |
Top Export Markets for Lawn-Tennis Balls from Panama in 2022:
- Costa Rica (10.6K units)
- Chile (9.5K units)
- Ecuador (3.2K units)
- Barbados (0.7K units)
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