Lawn-Tennis Balls Price in Latvia - 2023
Contents:
- Lawn-Tennis Balls Price in Latvia (CIF) - 2022
- Lawn-Tennis Balls Price in Latvia (FOB) - 2022
- Lawn-Tennis Balls Imports in Latvia
- Lawn-Tennis Balls Exports in Latvia
Lawn-Tennis Balls Price in Latvia (CIF) - 2022
The average lawn-tennis balls import price stood at $1.3 per unit in 2022, surging by 2.3% against the previous year. Over the period under review, the import price posted a prominent expansion. The pace of growth was the most pronounced in 2019 an increase of 57%. The import price peaked in 2022 and is expected to retain growth in years to come.
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 France ($2.2 per unit), while the price for Denmark ($0.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Lawn-Tennis Balls Price in Latvia (FOB) - 2022
The average lawn-tennis balls export price stood at $1.3 per unit in 2022, with a decrease of -10.4% against the previous year. In general, the export price, however, showed buoyant growth. The pace of growth appeared the most rapid in 2017 when the average export price increased by 41%. Over the period under review, the average export prices attained the maximum at $1.4 per unit in 2021, and then fell in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($1.8 per unit), while the average price for exports to Estonia ($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 Russia (+15.5%), while the prices for the other major destinations experienced more modest paces of growth.
Lawn-Tennis Balls Imports in Latvia
In 2022, the amount of lawn-tennis ballses imported into Latvia soared to 175K units, picking up by 27% compared with the previous year's figure. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +17.9% 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 +64.1% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, lawn-tennis balls imports skyrocketed to $229K in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +24.7% 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 +94.1% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 33%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Lawn-Tennis Balls in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 91.2 | 73.3 | 71.3 | 99.1 | 2.8% |
| Estonia | 1.9 | 0.6 | 0.1 | 50.6 | 198.6% |
| Lithuania | 8.9 | 10.4 | 47.4 | 22.8 | 36.8% |
| Spain | N/A | N/A | 3.1 | 17.0 | 448.4% |
| Poland | 0.8 | 7.7 | 8.8 | 16.4 | 173.7% |
| Austria | N/A | 10.0 | 2.6 | 11.0 | 4.9% |
| China | 0.4 | 2.7 | 6.7 | 6.6 | 154.6% |
| Denmark | 8.1 | 4.2 | 0.3 | 0.5 | -60.5% |
| United States | N/A | 35.9 | 28.8 | N/A | -19.8% |
| Others | 6.5 | 12.2 | 7.1 | 4.5 | -11.5% |
| Total | 118 | 157 | 176 | 229 | 24.7% |
Top Suppliers of Lawn-Tennis Balls to Latvia in 2022:
- Estonia (65.8K units)
- Germany (49.0K units)
- Lithuania (18.7K units)
- Poland (18.2K units)
- Spain (8.2K units)
- Austria (7.8K units)
- China (3.7K units)
- Denmark (1.0K units)
Lawn-Tennis Balls Exports in Latvia
In 2022, exports of lawn-tennis ballses from Latvia soared to 113K units, growing by 157% on 2021. Over the period under review, exports enjoyed a significant 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 $142K in 2022. Overall, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Lawn-Tennis Balls in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 20.1 | 9.0 | 12.0 | 63.6 | 46.8% |
| Estonia | 12.6 | 17.4 | 21.1 | 54.0 | 62.4% |
| Kyrgyzstan | N/A | N/A | N/A | 16.8 | 0% |
| Russia | N/A | N/A | 3.3 | 3.8 | 15.2% |
| Poland | N/A | N/A | N/A | 2.8 | 0% |
| Belarus | 6.3 | 3.8 | 3.2 | 1.0 | -45.9% |
| Georgia | N/A | 0.1 | 22.3 | N/A | 22200.0% |
| Others | N/A | N/A | N/A | 0.3 | 0% |
| Total | 39.1 | 30.3 | 61.8 | 142 | 53.7% |
Top Export Markets for Lawn-Tennis Balls from Latvia in 2022:
- Estonia (52.1K units)
- Lithuania (42.9K units)
- Kyrgyzstan (13.0K units)
- Russia (2.1K units)
- Poland (2.0K units)
- Belarus (0.6K units)
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