Lawn-Tennis Balls Price in Serbia - 2023
Contents:
- Lawn-Tennis Balls Price in Serbia (CIF) - 2022
- Lawn-Tennis Balls Price in Serbia (FOB) - 2022
- Lawn-Tennis Balls Imports in Serbia
- Lawn-Tennis Balls Exports in Serbia
Lawn-Tennis Balls Price in Serbia (CIF) - 2022
The average lawn-tennis balls import price stood at $0.7 per unit in 2022, dropping by -10.9% against the previous year. In general, the import price saw a mild shrinkage. The most prominent rate of growth was recorded in 2019 when the average import price increased by 60% against the previous year. As a result, import price reached the peak level of $1.1 per unit. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
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 Thailand ($0.7 per unit), while the price for China ($0.7 per unit) and Sweden ($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 Serbia (FOB) - 2022
In 2022, the average lawn-tennis balls export price amounted to $1.7 per unit, increasing by 15% against the previous year. In general, the export price saw a resilient increase. The pace of growth was the most pronounced in 2018 an increase of 98% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Russia ($1.7 per unit) and North Macedonia ($1.7 per unit), while the average price for exports to Albania ($1.7 per unit) and Bosnia and Herzegovina ($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 Albania (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.
Lawn-Tennis Balls Imports in Serbia
In 2022, supplies from abroad of lawn-tennis ballses decreased by -16.5% to 461K units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 114%. Imports peaked at 552K units in 2021, and then contracted significantly in the following year.
In value terms, lawn-tennis balls imports reduced remarkably to $300K in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +6.0% 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 +19.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 38% against the previous year. As a result, imports attained the peak of $404K, and then reduced sharply in the following year.
| Import of Lawn-Tennis Balls in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 113 | 134 | 165 | 147 | 9.2% |
| Thailand | 75.1 | 106 | 151 | 105 | 11.8% |
| Philippines | 61.2 | 41.6 | 67.7 | 21.8 | -29.1% |
| Taiwan (Chinese) | 2.6 | N/A | 4.1 | 7.7 | 43.6% |
| Sweden | N/A | N/A | N/A | 7.0 | 0% |
| Italy | 0.1 | 2.1 | 4.8 | 6.4 | 300.0% |
| Others | 0.2 | 8.4 | 11.2 | 5.2 | 196.2% |
| Total | 252 | 292 | 404 | 300 | 6.0% |
Top Suppliers of Lawn-Tennis Balls to Serbia in 2022:
- China (225.8K units)
- Thailand (161.6K units)
- Philippines (33.5K units)
- Taiwan (Chinese) (11.8K units)
- Sweden (10.8K units)
- Italy (9.8K units)
Lawn-Tennis Balls Exports in Serbia
In 2022, approx. 23K units of lawn-tennis ballses were exported from Serbia; approximately reflecting 2021 figures. In general, exports, however, showed a buoyant increase. The growth pace was the most rapid in 2021 with an increase of 92% against the previous year. As a result, the exports reached the peak of 23K units, leveling off in the following year.
In value terms, lawn-tennis balls exports rose notably to $38K in 2022. Over the period under review, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 106%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.
| Export of Lawn-Tennis Balls in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Montenegro | 13.0 | 9.2 | 10.0 | 17.3 | 10.0% |
| Bosnia and Herzegovina | 2.2 | 2.5 | 2.0 | 8.0 | 53.8% |
| North Macedonia | 4.9 | 4.5 | 5.9 | 4.8 | -0.7% |
| Albania | N/A | N/A | 13.3 | 4.6 | -65.4% |
| Russia | N/A | N/A | N/A | 3.7 | 0% |
| Others | N/A | N/A | 2.3 | N/A | 0% |
| Total | 20.0 | 16.3 | 33.5 | 38.4 | 24.3% |
Top Export Markets for Lawn-Tennis Balls from Serbia in 2022:
- Montenegro (10.4K units)
- Bosnia and Herzegovina (4.8K units)
- North Macedonia (2.9K units)
- Albania (2.8K units)
- Russia (2.2K units)
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