Lawn-Tennis Balls Price in Finland - 2023
Contents:
- Lawn-Tennis Balls Price in Finland (CIF) - 2023
- Lawn-Tennis Balls Price in Finland (FOB) - 2022
- Lawn-Tennis Balls Imports in Finland
- Lawn-Tennis Balls Exports in Finland
Lawn-Tennis Balls Price in Finland (CIF) - 2023
In July 2023, the average lawn-tennis balls import price amounted to $1.4 per unit, approximately mirroring the previous month. Over the period under review, the import price, however, continues to indicate a slight slump. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 29% m-o-m. As a result, import price attained the peak level of $1.7 per unit. From April 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 Sweden ($1.7 per unit), while the price for China ($721 per thousand units) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Philippines (+1.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Lawn-Tennis Balls Price in Finland (FOB) - 2022
In 2022, the average lawn-tennis balls export price amounted to $1.7 per unit, surging by 48% against the previous year. In general, the export price recorded a buoyant increase. The pace of growth was the most pronounced in 2017 when the average export price increased by 99%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Russia ($1.7 per unit) and Estonia ($1.7 per unit), while the average price for exports to Norway ($1.5 per unit) and Sweden ($1.7 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+14.5%), while the prices for the other major destinations experienced more modest paces of growth.
Lawn-Tennis Balls Imports in Finland
For the fourth consecutive year, Finland recorded growth in purchases abroad of lawn-tennis ballses, which increased by 24% to 2M units in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +18.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.6% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, lawn-tennis balls imports expanded markedly to $1.3M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +15.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 23%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Lawn-Tennis Balls in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 560 | 621 | 657 | 635 | 4.3% |
| Philippines | 99.7 | 113 | 130 | 268 | 39.0% |
| China | 113 | 102 | 264 | 233 | 27.3% |
| Sweden | 50.3 | 72.6 | 82.6 | 79.7 | 16.6% |
| Taiwan (Chinese) | 27.1 | 18.7 | 40.6 | 47.5 | 20.6% |
| Indonesia | N/A | 8.1 | 8.1 | 25.9 | 78.8% |
| Others | 13.5 | 35.6 | 14.2 | 25.4 | 23.5% |
| Total | 863 | 972 | 1,196 | 1,314 | 15.0% |
Top Suppliers of Lawn-Tennis Balls to Finland in 2022:
- Thailand (974.6K units)
- Philippines (411.3K units)
- China (358.5K units)
- Sweden (122.4K units)
- Taiwan (Chinese) (73.0K units)
- Indonesia (39.7K units)
Lawn-Tennis Balls Exports in Finland
In 2022, lawn-tennis balls exports from Finland expanded notably to 30K units, increasing by 6.9% against 2021 figures. Over the period under review, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 98% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the near future.
In value terms, lawn-tennis balls exports skyrocketed to $50K in 2022. Overall, exports recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 87% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
| Export of Lawn-Tennis Balls in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | N/A | N/A | N/A | 24.3 | 0% |
| Estonia | 9.0 | 10.4 | 12.9 | 8.5 | -1.9% |
| Sweden | 1.8 | 2.9 | 11.0 | 7.5 | 60.9% |
| Russia | N/A | 0.1 | 0.2 | 5.4 | 634.8% |
| Latvia | 2.7 | 2.0 | 4.1 | 2.2 | -6.6% |
| Lithuania | 0.8 | 0.4 | 2.0 | 1.6 | 26.0% |
| Denmark | 1.1 | 0.6 | 1.0 | N/A | -4.7% |
| Others | 0.1 | 0.5 | 0.4 | 0.7 | 91.3% |
| Total | 15.5 | 16.9 | 31.6 | 50.2 | 48.0% |
Top Export Markets for Lawn-Tennis Balls from Finland in 2022:
- Kazakhstan (14.6K units)
- Estonia (5.1K units)
- Sweden (4.5K units)
- Russia (3.2K units)
- Latvia (1.3K units)
- Lithuania (0.9K units)
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