Lawn-Tennis Balls Price in Hungary - 2023

Contents:

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

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

In 2022, the average lawn-tennis balls import price amounted to $0.7 per unit, growing by 7.3% against the previous year. In general, the import price, however, continues to indicate a mild descent. The most prominent rate of growth was recorded in 2014 when the average import price increased by 8.9% against the previous year. As a result, import price reached the peak level of $0.8 per unit. From 2015 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Philippines ($0.7 per unit) and Austria ($0.7 per unit), while the price for Slovakia ($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 the Philippines (-1.4%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average lawn-tennis balls export price amounted to $1.7 per unit, with an increase of 50% against the previous year. Overall, the export price showed strong growth. The growth pace was the most rapid in 2018 when the average export price increased by 78% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Romania ($1.7 per unit) and Turkey ($1.7 per unit), while the average price for exports to Slovakia ($1.7 per unit) and Serbia ($1.7 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.

Lawn-Tennis Balls Imports in Hungary

In 2022, imports of lawn-tennis ballses into Hungary stood at 1.2M units, growing by 2.4% on the previous year's figure. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +11.1% 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 +45.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 42% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, lawn-tennis balls imports stood at $803K in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +13.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Lawn-Tennis Balls in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China35.747.519022083.3%
France245237298198-6.9%
Philippines54.857.364.113535.1%
Germany85.684.890.611911.6%
Austria10.011.928.955.376.8%
Belgium0.813.111.732.5243.8%
Spain0.86.73.618.7185.9%
Slovakia29.620.924.916.1-18.4%
Thailand58.67.67.5N/A-64.2%
Others29.429.111.08.5-33.9%
Total55051673180313.4%

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

  1. China (338.1K units)
  2. France (303.6K units)
  3. Philippines (207.4K units)
  4. Germany (182.9K units)
  5. Austria (85.0K units)
  6. Belgium (49.9K units)
  7. Spain (28.7K units)
  8. Slovakia (24.7K units)

Lawn-Tennis Balls Exports in Hungary

In 2022, overseas shipments of lawn-tennis ballses decreased by -54.1% to 73K units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2020 when exports increased by 81% against the previous year. The exports peaked at 159K units in 2021, and then declined notably in the following year.

In value terms, lawn-tennis balls exports reduced markedly to $121K in 2022. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 69%. The exports peaked at $176K in 2021, and then dropped significantly in the following year.

Export of Lawn-Tennis Balls in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Serbia2.311.825.168.7210.3%
Turkey35.464.082.836.81.3%
Slovakia20.617.742.615.2-9.6%
Austria5.514.618.3N/A82.4%
Others0.81.47.40.6-9.1%
Total64.710917612123.2%

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

  1. Austria (undefinedK units)
  2. Serbia (41.2K units)
  3. Turkey (22.1K units)
  4. Slovakia (9.1K units)

Source: IndexBox Market Intelligence Platform

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