Lawn-Tennis Balls Price in Italy - 2023

Contents:

  1. Lawn-Tennis Balls Price in Italy (CIF) - 2023
  2. Lawn-Tennis Balls Price in Italy (FOB) - 2022
  3. Lawn-Tennis Balls Imports in Italy
  4. Lawn-Tennis Balls Exports in Italy

Lawn-Tennis Balls Price in Italy (CIF) - 2023

The average lawn-tennis balls import price stood at $1.2 per unit in July 2023, increasing by 5.6% against the previous month. Over the period under review, import price indicated a mild increase from July 2022 to July 2023: its price increased at an average monthly rate of +1.4% 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, lawn-tennis balls import price decreased by -7.1% against April 2023 indices. The most prominent rate of growth was recorded in November 2022 an increase of 47% month-to-month. As a result, import price reached the peak level of $1.8 per unit. From December 2022 to July 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Spain ($7.1 per unit), while the price for China ($576 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 Spain (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Lawn-Tennis Balls Price in Italy (FOB) - 2022

In 2022, the average lawn-tennis balls export price amounted to $1.7 per unit, jumping by 53% against the previous year. Overall, the export price enjoyed a strong expansion. The pace of growth was the most pronounced in 2017 an increase of 88%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($1.7 per unit) and Malta ($1.7 per unit), while the average price for exports to Spain ($1.7 per unit) and Australia ($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 Cuba (+38.3%), while the prices for the other major destinations experienced more modest paces of growth.

Lawn-Tennis Balls Imports in Italy

Lawn-tennis balls imports into Italy surged to 17M units in 2022, increasing by 57% on the previous year's figure. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +17.2% 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 +61.1% against 2019 indices. 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 $11M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +19.6% 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 +71.2% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Lawn-Tennis Balls in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands2.12.21.53.417.4%
France2.72.43.32.92.4%
Austria0.91.31.42.132.6%
Germany0.50.50.71.337.5%
China0.20.20.20.535.7%
SpainN/A0.30.30.529.1%
Thailand0.20.10.10.314.5%
Others0.10.30.10.226.0%
Total6.67.27.511.319.6%

Top Suppliers of Lawn-Tennis Balls to Italy in 2022:

  1. Netherlands (5.2M units)
  2. France (4.5M units)
  3. Austria (3.3M units)
  4. Germany (2.1M units)
  5. China (0.8M units)
  6. Spain (0.8M units)
  7. Thailand (0.4M units)

Lawn-Tennis Balls Exports in Italy

In 2022, overseas shipments of lawn-tennis ballses decreased by -68.2% to 176K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports saw a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 72% against the previous year. As a result, the exports attained the peak of 555K units, and then contracted notably in the following year.

In value terms, lawn-tennis balls exports reduced markedly to $294K in 2022. In general, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 59%. As a result, the exports reached the peak of $604K, and then shrank sharply in the following year.

Export of Lawn-Tennis Balls in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Croatia45.354.176.671.416.4%
France4.135.188.635.5105.3%
Slovenia18.322.230.629.317.0%
KuwaitN/AN/AN/A26.80%
Spain11.937.863.119.618.1%
Malta3.517.323.419.477.0%
United Kingdom11.686.141.319.418.7%
AustraliaN/AN/AN/A17.80%
Germany11.937.01485.7-21.8%
IranN/A25.3N/A5.6-53.0%
Switzerland77.1N/A4.5N/A-75.8%
Uzbekistan165N/AN/AN/A0%
Others31.464.412843.511.5%
Total380379604294-8.2%

Top Export Markets for Lawn-Tennis Balls from Italy in 2022:

  1. Croatia (42.8K units)
  2. France (21.3K units)
  3. Slovenia (17.6K units)
  4. Kuwait (16.1K units)
  5. Malta (11.7K units)
  6. Spain (11.7K units)
  7. United Kingdom (11.6K units)
  8. Australia (10.7K units)
  9. Iran (3.4K units)
  10. Germany (3.4K units)

Source: IndexBox Market Intelligence Platform

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