Lawn-Tennis Balls Price in Denmark - 2023

Contents:

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

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

The average lawn-tennis balls import price stood at $1.0 per unit in July 2023, dropping by -15.3% against the previous month. Over the period under review, the import price saw a slight curtailment. The pace of growth was the most pronounced in February 2023 when the average import price increased by 127% month-to-month. The import price peaked at $1.8 per unit in September 2022; however, from October 2022 to July 2023, import prices stood at a somewhat 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 Sweden ($1.8 per unit), while the price for China ($679 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 China (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average lawn-tennis balls export price amounted to $0.7 per unit, increasing by 3.8% against the previous year. Over the period under review, the export price posted slight growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 85%. Over the period under review, the average export prices hit record highs at $1.3 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($0.7 per unit), while the average price for exports to Norway stood at $0.7 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+1.6%).

Lawn-Tennis Balls Imports in Denmark

For the fourth year in a row, Denmark recorded growth in purchases abroad of lawn-tennis ballses, which increased by 105% to 4.1M units in 2022. Over the period under review, imports recorded a significant increase. 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 $2.7M in 2022. In general, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Lawn-Tennis Balls in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Philippines19121365794170.2%
China39859038954811.2%
France12616648.542249.6%
Thailand44.35.072.426982.4%
Germany10617713823530.4%
AustriaN/AN/AN/A1410%
Sweden27.929.418.099.852.9%
Others43.036.717.140.8-1.7%
Total9361,2171,3402,69642.3%

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

  1. Philippines (1445.3K units)
  2. China (841.7K units)
  3. France (648.4K units)
  4. Thailand (413.0K units)
  5. Germany (360.7K units)
  6. Austria (216.2K units)
  7. Sweden (153.2K units)

Lawn-Tennis Balls Exports in Denmark

For the fourth year in a row, Denmark recorded growth in shipments abroad of lawn-tennis ballses, which increased by 9.7% to 2.1M units in 2022. In general, exports recorded a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 168% 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 immediate term.

In value terms, lawn-tennis balls exports expanded notably to $1.5M in 2022. Overall, exports recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 94% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Lawn-Tennis Balls in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden3645561,1381,32453.8%
Norway28.438.310512162.1%
Others69.272.049.426.0-27.8%
Total4626661,2931,47147.1%

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

  1. Sweden (1920.9K units)
  2. Norway (175.8K units)

Source: IndexBox Market Intelligence Platform

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