Lawn-Tennis Balls Price in Germany - 2023
Contents:
- Lawn-Tennis Balls Price in Germany (CIF) - 2023
- Lawn-Tennis Balls Price in Germany (FOB) - 2023
- Lawn-Tennis Balls Imports in Germany
- Lawn-Tennis Balls Exports in Germany
Lawn-Tennis Balls Price in Germany (CIF) - 2023
In July 2023, the average lawn-tennis balls import price amounted to $1.4 per unit, with an increase of 7.5% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.4%. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 32% against the previous month. As a result, import price attained the peak level of $1.5 per unit. From April 2023 to July 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was France ($1.6 per unit), while the price for the Philippines ($997 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 the Netherlands (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Lawn-Tennis Balls Price in Germany (FOB) - 2023
In July 2023, the average lawn-tennis balls export price amounted to $1.7 per unit, surging by 6.1% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.3%. The pace of growth appeared the most rapid in January 2023 an increase of 14% against the previous month. Over the period under review, the average export prices hit record highs at $1.8 per unit in May 2023; however, from June 2023 to July 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was the UK ($2.4 per unit), while the average price for exports to Poland ($1.3 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.
Lawn-Tennis Balls Imports in Germany
For the fourth year in a row, Germany recorded growth in supplies from abroad of lawn-tennis ballses, which increased by less than 0.1% to 45M units in 2022. The total import volume increased at an average annual rate of +3.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 8.8%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, lawn-tennis balls imports dropped slightly to $29M in 2022. The total import value increased at an average annual rate of +5.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 13% against the previous year. Imports peaked at $29M in 2021, and then contracted slightly in the following year.
Import of Lawn-Tennis Balls in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 12.5 | 16.6 | 15.5 | 16.7 | 10.1% |
Philippines | 10.1 | 8.0 | 8.9 | 8.7 | -4.9% |
China | 0.6 | 1.2 | 1.7 | 1.9 | 46.8% |
Others | 1.8 | 2.3 | 3.4 | 1.8 | 0.0% |
Total | 25.0 | 28.1 | 29.5 | 29.2 | 5.3% |
Top Suppliers of Lawn-Tennis Balls to Germany in 2022:
- Thailand (25.6M units)
- Philippines (13.4M units)
- China (3.0M units)
Lawn-Tennis Balls Exports in Germany
In 2022, shipments abroad of lawn-tennis ballses decreased by -37.2% to 11M units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 29% against the previous year. Over the period under review, the exports reached the peak figure at 17M units in 2021, and then shrank dramatically in the following year.
In value terms, lawn-tennis balls exports totaled $18M in 2022. The total export value increased at an average annual rate of +9.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 16% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.
Export of Lawn-Tennis Balls in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 2.5 | 3.0 | 3.8 | 3.4 | 10.8% |
Austria | 0.8 | 0.9 | 1.0 | 1.9 | 33.4% |
United Kingdom | 1.8 | 2.6 | 1.8 | 1.5 | -5.9% |
Czech Republic | 1.1 | 1.1 | 1.0 | 1.2 | 2.9% |
Italy | 0.6 | 0.6 | 0.9 | 1.1 | 22.4% |
Netherlands | 1.0 | 1.1 | 1.1 | 1.0 | 0.0% |
Sweden | 0.9 | 1.1 | 1.1 | 0.9 | 0.0% |
Switzerland | 0.7 | 0.8 | 1.0 | 0.9 | 8.7% |
Poland | 0.5 | 0.8 | 1.2 | 0.8 | 17.0% |
Spain | 0.7 | 0.5 | 1.0 | 0.8 | 4.6% |
Finland | 0.5 | 0.4 | 0.6 | 0.5 | 0.0% |
Turkey | 0.3 | 0.4 | 0.3 | 0.4 | 10.1% |
Belgium | 0.3 | 0.3 | 0.3 | 0.4 | 10.1% |
Others | 2.2 | 2.3 | 2.9 | 3.1 | 12.1% |
Total | 13.7 | 16.0 | 17.8 | 18.0 | 9.5% |
Top Export Markets for Lawn-Tennis Balls from Germany in 2022:
- France (2019.7K units)
- Austria (1155.8K units)
- United Kingdom (908.5K units)
- Czech Republic (694.2K units)
- Italy (647.0K units)
- Netherlands (590.3K units)
- Sweden (565.7K units)
- Switzerland (560.8K units)
- Poland (495.8K units)
- Spain (468.8K units)
- Finland (323.6K units)
- Belgium (266.1K units)
- Turkey (217.8K units)
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