Lawn-Tennis Balls Price in Luxembourg - 2023

Contents:

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

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

In 2022, the average lawn-tennis balls import price amounted to $0.7 per unit, shrinking by -30.2% against the previous year. Overall, the import price recorded a slight descent. The pace of growth appeared the most rapid in 2018 when the average import price increased by 30% against the previous year. Over the period under review, average import prices hit record highs at $1.2 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Philippines ($0.7 per unit) and Thailand ($0.7 per unit), while the price for China ($0.7 per unit) and France ($0.7 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+5.5%), while the prices for the other major suppliers experienced a decline.

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

The average lawn-tennis balls export price stood at $1.7 per unit in 2022, waning by -46.3% against the previous year. Over the period under review, the export price, however, enjoyed a strong increase. The growth pace was the most rapid in 2020 an increase of 57%. The export price peaked at $3.1 per unit in 2021, and then shrank dramatically in the following year.

As there is only one major export destination, the average price level is determined by prices for France.

From 2012 to 2022, the rate of growth in terms of prices for France amounted to +11.0% per year.

Lawn-Tennis Balls Imports in Luxembourg

In 2022, approx. 227K units of lawn-tennis ballses were imported into Luxembourg; rising by 205% against the previous year. Over the period under review, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, lawn-tennis balls imports surged to $148K in 2022. Overall, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Lawn-Tennis Balls in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China17.928.119.811585.9%
France3.72.02.96.520.7%
Belgium0.14.410.04.6258.3%
Thailand17.01.65.64.3-36.8%
Netherlands2.13.67.13.922.9%
Philippines1.21.62.52.832.6%
Germany2.65.46.42.71.3%
PakistanN/A0.63.32.291.5%
Others5.19.811.86.26.7%
Total49.657.269.414844.0%

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

  1. China (176.0K units)
  2. France (9.9K units)
  3. Belgium (7.1K units)
  4. Thailand (6.7K units)
  5. Netherlands (6.0K units)
  6. Philippines (4.2K units)
  7. Germany (4.1K units)
  8. Pakistan (3.4K units)

Lawn-Tennis Balls Exports in Luxembourg

After two years of decline, overseas shipments of lawn-tennis ballses increased by 245% to 107 units in 2022. In general, exports enjoyed a resilient 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 skyrocketed to $178 in 2022. Overall, 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 Luxembourg (USD)
COUNTRY2019202020212022CAGR,
2019-2022
France61.064.096.017842.9%
Netherlands36.0N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total97.064.096.017822.4%

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

  1. France (107.0 units)

Source: IndexBox Market Intelligence Platform

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