Lawn-Tennis Balls Price in Norway - 2023

Contents:

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

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

The average lawn-tennis balls import price stood at $2.2 per unit in 2022, with a decrease of -5.2% against the previous year. In general, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, lawn-tennis balls import price increased by +53.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 an increase of 45% against the previous year. Over the period under review, average import prices hit record highs at $2.3 per unit in 2021, and then shrank in the following year.

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 China ($3.5 per unit), while the price for the Philippines ($1.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average lawn-tennis balls export price amounted to $3.8 per unit, declining by -59.6% against the previous year. In general, the export price continues to indicate a noticeable curtailment. The growth pace was the most rapid in 2021 an increase of 116% against the previous year. As a result, the export price attained the peak level of $9.4 per unit, and then dropped rapidly in the following year.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($3.8 per unit), while the average price for exports to Denmark totaled $3.4 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+2.9%).

Lawn-Tennis Balls Imports in Norway

In 2022, imports of lawn-tennis ballses into Norway amounted to 495K units, picking up by 12% on 2021. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +8.7% 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 +65.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 47% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, lawn-tennis balls imports rose remarkably to $1.1M in 2022. Over the period under review, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 65% 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 Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand24028051552129.5%
China16421434738933.4%
Philippines39.240.641.984.429.1%
Sweden10.03.49.216.317.7%
France58.416.328.514.7-36.9%
Taiwan (Chinese)19.124.430.09.5-20.8%
Others26.245.860.263.034.0%
Total5576251,0321,09825.4%

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

  1. Thailand (287.8K units)
  2. China (109.6K units)
  3. Philippines (61.6K units)
  4. Sweden (8.2K units)
  5. France (6.0K units)
  6. Taiwan (Chinese) (4.7K units)

Lawn-Tennis Balls Exports in Norway

In 2022, lawn-tennis balls exports from Norway soared to 6.2K units, jumping by 2,195% on the previous year. Over the period under review, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, lawn-tennis balls exports soared to $24K in 2022. In general, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Lawn-Tennis Balls in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden2.222.60.823.3119.6%
DenmarkN/AN/AN/A0.40%
Others0.7N/A1.8N/A60.4%
Total2.922.62.623.7101.4%

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

  1. Sweden (6.1K units)
  2. Denmark (0.1K units)

Source: IndexBox Market Intelligence Platform

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