Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Bulgaria - 2023

Contents:

  1. Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Bulgaria (CIF) - 2023
  2. Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Bulgaria (FOB) - 2022
  3. Imports of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Bulgaria
  4. Exports of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Bulgaria

Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Bulgaria (CIF) - 2023

The average import price for balls; (other than inflatable or for lawn-tennis, golf or table-tennis) stood at $1.1 per unit in October 2023, reducing by -48.7% against the previous month. Overall, the import price showed a pronounced decrease. The pace of growth was the most pronounced in February 2023 an increase of 96% month-to-month. The import price peaked at $2.1 per unit in September 2023, and then contracted dramatically in the following month.

As there is only one major supplying country, the average price level is determined by prices for China.

From November 2022 to October 2023, the rate of growth in terms of prices for China amounted to +3.8% per month.

Price for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Bulgaria (FOB) - 2022

In 2022, the average export price for balls; (other than inflatable or for lawn-tennis, golf or table-tennis) amounted to $7.1 per unit, dropping by -19.8% against the previous year. Overall, the export price, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 162% against the previous year. As a result, the export price reached the peak level of $8.9 per unit, and then reduced dramatically in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($43 per unit), while the average price for exports to Montenegro ($0.1 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 the United States (+142.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Bulgaria

In 2022, the amount of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) imported into Bulgaria surged to 582K units, with an increase of 42% compared with the year before. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +13.3% 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 +68.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) soared to $762K in 2022. In general, imports showed buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China32825032451816.5%
Romania15.016.324.975.571.4%
Italy152N/AN/A48.4-31.7%
Pakistan65.00.71.133.7-19.7%
Others84.029.290.486.61.0%
Total6442964407625.8%

Top Suppliers of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) to Bulgaria in 2022:

  1. China (524.0K units)
  2. Romania (16.8K units)
  3. Italy (12.8K units)
  4. Pakistan (7.7K units)

Exports of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Bulgaria

In 2022, after two years of decline, there was significant growth in shipments abroad of balls; (other than inflatable or for lawn-tennis, golf or table-tennis), when their volume increased by 123% to 2.4K units. Overall, exports, however, showed a sharp setback. Over the period under review, the exports of attained the maximum at 16K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) skyrocketed to $17K in 2022. Over the period under review, exports, however, showed a sharp descent. The exports peaked at $48K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.2N/AN/A11.6113.0%
Romania1.3N/A0.72.829.1%
North Macedonia40.05.6N/A0.9-71.8%
SwitzerlandN/AN/AN/A0.60%
SerbiaN/AN/A2.10.4-81.0%
MontenegroN/AN/AN/A0.10%
Italy1.6N/AN/AN/A0%
Georgia3.01.65.4N/A34.2%
Others1.50.61.40.4-35.6%
Total48.47.89.516.9-29.6%

Top Export Markets for Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) from Bulgaria in 2022:

  1. Romania (852.0 units)
  2. Montenegro (703.0 units)
  3. North Macedonia (275.0 units)
  4. United States (269.0 units)
  5. Switzerland (122.0 units)
  6. Serbia (110.0 units)

Source: IndexBox Market Intelligence Platform

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