Lawn-Tennis Balls Price in Lithuania - 2023

Contents:

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

Lawn-Tennis Balls Price in Lithuania (CIF) - 2022

In 2022, the average lawn-tennis balls import price amounted to $1.3 per unit, with an increase of 7.2% against the previous year. Overall, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, lawn-tennis balls import price increased by +81.9% against 2018 indices. The pace of growth appeared the most rapid in 2019 when the average import price increased by 49%. The import price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Latvia ($2.5 per unit), while the price for China ($0.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average lawn-tennis balls export price amounted to $1.1 per unit, falling by -1.7% against the previous year. Over the period under review, the export price, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2018 when the average export price increased by 115%. Over the period under review, the average export prices attained the maximum at $1.3 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($1.7 per unit), while the average price for exports to Kazakhstan ($0.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.

Lawn-Tennis Balls Imports in Lithuania

In 2022, approx. 215K units of lawn-tennis ballses were imported into Lithuania; jumping by 43% on the previous year. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +12.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 $270K in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +19.9% 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 +72.4% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Lawn-Tennis Balls in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands29.047.951.911658.7%
Latvia11.414.012.155.569.5%
Poland5.09.119.428.879.3%
Germany35.136.813.923.5-12.5%
France10.42.522.419.122.5%
ThailandN/AN/A15.413.2-14.3%
China13.810.515.57.0-20.2%
Belgium15.017.7N/A0.9-60.9%
RussiaN/A9.6N/AN/A0%
Philippines27.920.220.8N/A-13.7%
Others8.915.54.66.2-11.4%
Total15718417627019.8%

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

  1. Netherlands (109.5K units)
  2. Latvia (21.8K units)
  3. Poland (19.5K units)
  4. Germany (18.3K units)
  5. Thailand (14.8K units)
  6. China (14.0K units)
  7. France (11.2K units)
  8. Belgium (0.6K units)

Lawn-Tennis Balls Exports in Lithuania

For the fourth year in a row, Lithuania recorded growth in shipments abroad of lawn-tennis ballses, which increased by 76% to 190K units in 2022. Over the period under review, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, lawn-tennis balls exports soared to $207K in 2022. In general, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Lawn-Tennis Balls in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uzbekistan2.2N/A0.274.2223.1%
Belarus6.611.92.459.6108.2%
Latvia9.912.114.023.333.0%
KazakhstanN/AN/A0.118.718600.0%
PolandN/AN/A2.010.5425.0%
KyrgyzstanN/AN/AN/A7.60%
Russia51.861.398.85.5-52.6%
Others6.64.71.87.22.9%
Total77.190.111920739.0%

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

  1. Uzbekistan (84.6K units)
  2. Belarus (41.8K units)
  3. Kazakhstan (24.0K units)
  4. Latvia (17.9K units)
  5. Poland (6.2K units)
  6. Russia (5.1K units)
  7. Kyrgyzstan (4.9K units)

Source: IndexBox Market Intelligence Platform

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