Australia - Balls - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAustralia Sees Steep Increase in Unit Price of Balls to $2.5
Australia Ball Import Price in July 2023
In July 2023, the ball price stood at $2.5 per unit (CIF, Australia), jumping by 15% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in February 2023 when the average import price increased by 48% m-o-m. As a result, import price attained the peak level of $3,518 per thousand units. From March 2023 to July 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($3.7 per unit), while the price for the Philippines ($1.0 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (-0.8%), while the prices for the other major suppliers experienced a decline.
COUNTRY | Import Price of Ball in Australia (USD per unit) | ||||||||||||
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Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | |
Vietnam | 5.2 | 8.0 | 6.0 | 8.2 | 5.6 | 5.5 | 4.0 | 6.3 | 5.1 | 7.2 | 5.0 | 5.2 | 3.7 |
India | 3.6 | 3.3 | 3.0 | 2.7 | 3.4 | 2.7 | 2.8 | 3.5 | 2.8 | 3.2 | 2.4 | 2.4 | 3.2 |
Thailand | 2.8 | 1.1 | 2.8 | 1.9 | 1.2 | 1.9 | 2.3 | 2.3 | 2.4 | 1.3 | 3.1 | 2.5 | 2.2 |
China | 2.2 | 1.7 | 1.6 | 1.9 | 1.5 | 1.8 | 1.5 | 2.4 | 2.4 | 2.3 | 1.3 | 1.8 | 2.0 |
Philippines | 1.6 | 1.1 | 1.3 | N/A | 0.9 | 8.3 | 0.9 | N/A | 0.9 | 0.9 | 0.9 | 0.8 | 1.0 |
Average | 2.8 | 2.2 | 2.4 | 2.4 | 1.9 | 2.4 | 2.4 | 3.5 | 2.7 | 2.7 | 2.2 | 2.1 | 2.5 |
Australia Ball Imports
Ball imports into Australia reduced to 1.9M units in July 2023, with a decrease of -1.9% against June 2023 figures. Over the period under review, total imports indicated a temperate expansion from July 2022 to July 2023: its volume increased at an average monthly rate of +2.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, imports decreased by -7.0% against May 2023 indices. The most prominent rate of growth was recorded in August 2022 when imports increased by 58% m-o-m. Imports peaked at 2.9M units in November 2022; however, from December 2022 to July 2023, imports remained at a lower figure.
In value terms, ball imports rose remarkably to $4.8M (IndexBox estimates) in July 2023. The total import value increased at an average monthly rate of +1.5% over the period from July 2022 to July 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain months. The most prominent rate of growth was recorded in January 2023 with an increase of 43% m-o-m. As a result, imports attained the peak of $5.6M. From February 2023 to July 2023, the growth of imports remained at a lower figure.
Australia Ball Imports by Country
In July 2023, China (959K units) constituted the largest ball supplier to Australia, with a 50% share of total imports. Moreover, ball imports from China exceeded the figures recorded by the second-largest supplier, India (264K units), fourfold. The third position in this ranking was held by Vietnam (241K units), with a 13% share.
From July 2022 to July 2023, the average monthly rate of growth in terms of volume from China amounted to +1.7%. The remaining supplying countries recorded the following average monthly rates of imports growth: India (-1.4% per month) and Vietnam (+10.8% per month).
In value terms, China ($1.9M) constituted the largest supplier of ball to Australia, comprising 40% of total imports. The second position in the ranking was held by Vietnam ($886K), with a 19% share of total imports. It was followed by India, with an 18% share.
From July 2022 to July 2023, the average monthly growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: Vietnam (+7.6% per month) and India (-2.3% per month).
This report provides an in-depth analysis of the ball market in Australia. 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:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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