Lawn-Tennis Balls Price in Azerbaijan - 2023
Contents:
- Lawn-Tennis Balls Price in Azerbaijan (CIF) - 2022
- Lawn-Tennis Balls Price in Azerbaijan (FOB) - 2022
- Lawn-Tennis Balls Imports in Azerbaijan
- Lawn-Tennis Balls Exports in Azerbaijan
Lawn-Tennis Balls Price in Azerbaijan (CIF) - 2022
In 2022, the average lawn-tennis balls import price amounted to $0.7 per unit, growing by 22% against the previous year. In general, the import price, however, saw a deep downturn. The growth pace was the most rapid in 2020 an increase of 22% against the previous year. Over the period under review, average import prices reached the maximum at $4.2 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($5 per unit), while the price for China ($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 Thailand (+8.4%), while the prices for the other major suppliers experienced a decline.
Lawn-Tennis Balls Price in Azerbaijan (FOB) - 2022
In 2022, the average lawn-tennis balls export price amounted to $0.1 per unit, dropping by -15.8% against the previous year. Over the period under review, the export price showed a abrupt setback. The pace of growth was the most pronounced in 2013 an increase of 32% against the previous year. As a result, the export price reached the peak level of $1.4 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Georgia.
From 2012 to 2022, the rate of growth in terms of prices for Georgia amounted to -19.7% per year.
Lawn-Tennis Balls Imports in Azerbaijan
In 2022, approx. 66K units of lawn-tennis ballses were imported into Azerbaijan; with an increase of 206% against the year before. In general, imports showed a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, lawn-tennis balls imports skyrocketed to $46K in 2022. Overall, imports continue to indicate a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Lawn-Tennis Balls in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 22.7 | 2.4 | 4.3 | 25.4 | 3.8% |
| Thailand | 4.2 | 1.9 | 0.9 | 15.9 | 55.9% |
| United States | 0.4 | 0.2 | 0.1 | 4.2 | 119.0% |
| United Arab Emirates | 0.2 | 0.1 | 5.5 | N/A | 424.4% |
| Others | 2.0 | 1.8 | 1.5 | 0.2 | -53.6% |
| Total | 29.6 | 6.4 | 12.3 | 45.6 | 15.5% |
Top Suppliers of Lawn-Tennis Balls to Azerbaijan in 2022:
- China (60.3K units)
- Thailand (3.2K units)
- United States (2.1K units)
Lawn-Tennis Balls Exports in Azerbaijan
After three years of growth, shipments abroad of lawn-tennis ballses decreased by -98.3% to 181 units in 2022. In general, exports recorded a dramatic contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 20%. As a result, the exports reached the peak of 10K units, and then fell markedly in the following year.
In value terms, lawn-tennis balls exports contracted markedly to $21 in 2022. Overall, exports continue to indicate a sharp slump. The smallest decline of -13.8% was in 2020. The exports peaked at $1.9K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Lawn-Tennis Balls in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | N/A | 0.3 | N/A | 0% |
| Georgia | 1.9 | 1.7 | 1.1 | N/A | -23.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.9 | 1.7 | 1.4 | N/A | -14.2% |
Top Export Markets for Lawn-Tennis Balls from Azerbaijan in 2022:
- Georgia (181.0 units)
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