The Lawn-Tennis Balls market in South Africa has experienced fluctuations between 2012 and 2022. Starting at $4.7602 million in 2012, there was a slight decline in value up till 2013, followed by a substantial increase to $6.3724 million in 2014. The market faced minor declines in subsequent years but maintained a general upward trend, reaching $6.8581 million in 2022. Key year-on-year variations include a significant increase of 36.99% in 2014, and smaller percent changes typically ranging from -3.43% to +6.94% during other years. Over the last 5 years, the Compound Annual Growth Rate (CAGR) averaged at 1.6%, indicating modest growth in the market.
In 2023, the market stood at an approximate value of around $6.95 million. Future trends to watch for include potential shifts in consumer preferences, advancements in production technology, and possible impacts of economic factors on discretionary spending for sports and recreational activities.
How does South Africa rank in Lawn-Tennis Balls Market Size Value?
| # | 22 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 419,610,000 | 2023 | -0.12% | +0.33% | View data |
| 2 | 2 China | 230,390,000 | 2023 | +5.93% | +4.31% | View data |
| 3 | 3 Japan | 107,930,000 | 2023 | -1.46% | -0.28% | View data |
| 4 | 4 France | 96,939,000 | 2023 | +0.15% | +0.32% | View data |
| 5 | 5 Germany | 79,739,000 | 2023 | +0.82% | +0.46% | View data |
| 10 | 10 Sweden | 14,308,000 | 2023 | +3.36% | +3.95% | View data |
| 11 | 11 Switzerland | 8,225,200 | 2023 | +1.92% | +1.9% | View data |
| 12 | 12 South Africa | 6,959,800 | 2023 | +1.48% | +1.57% | |
| 13 | 13 Poland | 5,634,600 | 2023 | +1.26% | +1.46% | View data |
| 14 | 14 Czech Republic | 4,978,000 | 2023 | +0.013% | +0.069% | View data |
