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

Contents:

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

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

In 2022, the average import price for balls; (other than inflatable or for lawn-tennis, golf or table-tennis) amounted to $2.7 per unit, picking up by 61% against the previous year. Overall, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +7.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for balls; (other than inflatable or for lawn-tennis, golf or table-tennis) increased by +102.7% against 2012 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Denmark ($14 per unit), while the price for Spain ($1.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+26.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for balls; (other than inflatable or for lawn-tennis, golf or table-tennis) amounted to $4.4 per unit, jumping by 38% against the previous year. Over the period under review, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for balls; (other than inflatable or for lawn-tennis, golf or table-tennis) increased by +88.6% against 2016 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($14 per unit), while the average price for exports to Poland ($1.4 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 Bulgaria (+73.0%), 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 Lithuania

After three years of growth, purchases abroad of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) decreased by -79.9% to 241K units in 2022. In general, imports showed a sharp setback. The most prominent rate of growth was recorded in 2021 when imports increased by 68%. As a result, imports attained the peak of 1.2M units, and then fell remarkably in the following year.

In value terms, imports of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) dropped dramatically to $654K in 2022. Overall, imports faced a deep slump. The pace of growth appeared the most rapid in 2021 when imports increased by 88%. As a result, imports attained the peak of $2M, and then declined notably in the following year.

Import of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia18118924535525.2%
China7.415.625250.890.1%
Germany27988.363.933.9-50.5%
Poland17539596933.6-42.3%
Italy2.59.737.828.0123.7%
Latvia39.848.668.526.2-13.0%
Netherlands15412214822.6-47.3%
Finland23.454.582.71.1-63.9%
Spain18.130.119.70.4-71.9%
Others162125137103-14.0%
Total1,0421,0782,023654-14.4%

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

  1. Estonia (126.8K units)
  2. China (24.8K units)
  3. Italy (19.8K units)
  4. Germany (16.2K units)
  5. Netherlands (15.1K units)
  6. Poland (12.0K units)
  7. Latvia (6.8K units)
  8. Finland (0.9K units)
  9. Spain (0.3K units)

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

In 2022, shipments abroad of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) decreased by -73.8% to 113K units for the first time since 2018, thus ending a three-year rising trend. In general, exports recorded a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by 70% against the previous year. As a result, the exports attained the peak of 430K units, and then contracted sharply in the following year.

In value terms, exports of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) shrank dramatically to $498K in 2022. Overall, exports, however, recorded pronounced growth. The most prominent rate of growth was recorded in 2021 when exports increased by 75%. As a result, the exports attained the peak of $1.4M, and then dropped notably in the following year.

Export of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia14.527450168.968.1%
Russia11215017562.4-17.7%
NorwayN/AN/AN/A54.90%
BulgariaN/AN/A34.154.660.1%
Latvia20.825556649.433.4%
France2057.636.934.4-44.8%
Germany82.927.418.331.4-27.6%
Kazakhstan0.52.3N/A29.4288.9%
NetherlandsN/A17.54.813.7-11.5%
Finland0.60.53.711.6168.4%
ArmeniaN/AN/AN/A9.60%
United KingdomN/AN/AN/A8.90%
PolandN/A22.07.05.3-50.9%
Others27.133.832.763.532.8%
Total4647901,3794982.4%

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

  1. Estonia (24.0K units)
  2. Latvia (18.4K units)
  3. Norway (14.2K units)
  4. Bulgaria (7.6K units)
  5. France (6.5K units)
  6. Finland (5.9K units)
  7. Germany (5.1K units)
  8. Kazakhstan (4.3K units)
  9. Russia (4.3K units)
  10. Netherlands (3.8K units)
  11. Poland (3.7K units)
  12. United Kingdom (1.8K units)
  13. Armenia (1.7K units)

Source: IndexBox Market Intelligence Platform

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