Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Latvia - 2023
Contents:
- Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Latvia (CIF) - 2022
- Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Latvia (FOB) - 2022
- Imports of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Latvia
- Exports of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Latvia
Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Latvia (CIF) - 2022
The average import price for balls; (other than inflatable or for lawn-tennis, golf or table-tennis) stood at $3.6 per unit in 2022, rising by 1.9% against the previous year. Over the period under review, the import price saw a remarkable increase. The growth pace was the most rapid in 2020 an increase of 35%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($7.3 per unit), while the price for Belgium ($0.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+18.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Latvia (FOB) - 2022
The average export price for balls; (other than inflatable or for lawn-tennis, golf or table-tennis) stood at $8.6 per unit in 2022, increasing by 9.1% against the previous year. In general, the export price continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 69% against the previous year. 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.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Estonia ($9.6 per unit), while the average price for exports to Russia ($2.1 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 Denmark (+17.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Latvia
In 2022, the amount of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) imported into Latvia declined sharply to 41K units, with a decrease of -32.6% against the previous year's figure. Over the period under review, imports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 28%. Over the period under review, imports of hit record highs at 77K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) shrank dramatically to $149K in 2022. In general, imports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 43% against the previous year. As a result, imports reached the peak of $217K, and then declined notably in the following year.
| Import of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 43.9 | 41.3 | 72.3 | 35.1 | -7.2% |
| Sweden | 20.5 | 31.1 | 26.3 | 25.5 | 7.5% |
| Poland | 16.2 | 9.6 | 10.2 | 23.1 | 12.6% |
| Germany | 27.6 | 6.6 | 14.9 | 13.3 | -21.6% |
| China | 22.7 | 32.0 | 53.1 | 13.2 | -16.5% |
| France | 5.5 | 0.7 | 0.6 | 7.7 | 11.9% |
| Netherlands | 7.9 | 5.4 | 13.8 | 7.2 | -3.0% |
| Belgium | 2.3 | 5.1 | 0.6 | 5.9 | 36.9% |
| Austria | N/A | N/A | N/A | 5.0 | 0% |
| Others | 32.8 | 20.0 | 25.6 | 13.5 | -25.6% |
| Total | 179 | 152 | 217 | 149 | -5.9% |
Top Suppliers of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) to Latvia in 2022:
- Lithuania (6.8K units)
- Belgium (6.7K units)
- Poland (4.9K units)
- Germany (4.9K units)
- Austria (4.5K units)
- China (4.1K units)
- Sweden (3.5K units)
- France (2.2K units)
- Netherlands (1.1K units)
Exports of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Latvia
After two years of decline, overseas shipments of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) increased by 34% to 11K units in 2022. Over the period under review, exports, however, recorded a sharp decline. Over the period under review, the exports of attained the maximum at 23K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) skyrocketed to $98K in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +12.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 38.3 | 42.9 | 37.6 | 55.2 | 13.0% |
| Estonia | 18.3 | 30.2 | 27.6 | 32.1 | 20.6% |
| United States | N/A | N/A | N/A | 4.3 | 0% |
| Russia | 0.1 | 5.8 | 0.3 | 1.4 | 141.0% |
| Netherlands | N/A | N/A | N/A | 1.0 | 0% |
| Belarus | 10.8 | 0.1 | 0.3 | 0.9 | -56.3% |
| Others | 1.5 | 5.1 | 1.1 | 3.2 | 28.7% |
| Total | 68.9 | 84.1 | 67.0 | 98.1 | 12.5% |
Top Export Markets for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) from Latvia in 2022:
- Lithuania (5.9K units)
- Estonia (3.3K units)
- United States (0.7K units)
- Russia (0.7K units)
- Netherlands (0.2K units)
- Belarus (0.1K units)
167
This report provides an in-depth analysis of the ball market in Latvia.
258
This report provides an in-depth analysis of the market for skis and its equipment and skates in Latvia.
455
This report provides an in-depth analysis of the golf equipment market in Latvia.
193
This report provides an in-depth analysis of the water-skis and surfboards market in Latvia.
205
This report provides an in-depth analysis of the market for tennis and badminton rackets in Latvia.
134
This report provides an in-depth analysis of the skis market in Latvia.
64
This report provides an in-depth analysis of the skates market in Latvia.
128
This report provides an in-depth analysis of the table-tennis equipment market in Latvia.
519
This report provides an in-depth analysis of the market for gym and fitness equipment in Latvia.
742
This report provides an in-depth analysis of the global ball market.
63
Explore the top import markets for balls in 2023 and discover the key players in the global industry. From the United States to Germany, these countries drive the demand for high-quality balls.
450
Golf is a popular sport that attracts enthusiasts from around the globe. The demand for golf equipment has skyrocketed, leading to an increase in the import market. The United States, Japan, Hong Kong SAR, South Korea, Mexico, the United Kingdom, China, Canada, the Netherlands, and Germany are the world's top import markets for golf equipment. The IndexBox market intelligence platform offers valuable data and insights into these markets.
1082
In 2016, the global imports of golf equipment amounted to X tons, picking up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the ...
882
In 2016, the global imports of golf equipment amounted to X tons, picking up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the ...
555
Explore the top import markets for gym and fitness equipment with key statistics and data. Learn about the leading countries in terms of import value and the opportunities they offer for manufacturers.
63
Explore the top import markets for balls in 2023 and discover the key players in the global industry. From the United States to Germany, these countries drive the demand for high-quality balls.
450
Golf is a popular sport that attracts enthusiasts from around the globe. The demand for golf equipment has skyrocketed, leading to an increase in the import market. The United States, Japan, Hong Kong SAR, South Korea, Mexico, the United Kingdom, China, Canada, the Netherlands, and Germany are the world's top import markets for golf equipment. The IndexBox market intelligence platform offers valuable data and insights into these markets.
1082
In 2016, the global imports of golf equipment amounted to X tons, picking up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the ...
882
In 2016, the global imports of golf equipment amounted to X tons, picking up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the ...
555
Explore the top import markets for gym and fitness equipment with key statistics and data. Learn about the leading countries in terms of import value and the opportunities they offer for manufacturers.
