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

Contents:

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

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

In 2022, the average import price for balls; (other than inflatable or for lawn-tennis, golf or table-tennis) amounted to $2.5 per unit, with an increase of 2.2% against the previous year. In general, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.3% 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 +67.1% against 2013 indices. The most prominent rate of growth was recorded in 2021 an increase of 12% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Vietnam ($2.5 per unit) and India ($2.5 per unit), while the price for China ($2.5 per unit) and Pakistan ($2.5 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+6.8%), 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 Serbia (FOB) - 2022

In 2022, the average export price for balls; (other than inflatable or for lawn-tennis, golf or table-tennis) amounted to $2.9 per unit, reducing by -39.5% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by 31% against the previous year. The export price peaked at $4.8 per unit in 2021, and then dropped dramatically in the following year.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Germany ($3 per unit) and Bosnia and Herzegovina ($2.9 per unit), while the average price for exports to Croatia ($2.9 per unit) and France ($2.9 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 Germany (+0.3%), while the prices for the other major destinations experienced a decline.

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

In 2022, overseas purchases of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) were finally on the rise to reach 227K units after two years of decline. Over the period under review, imports, however, showed a relatively flat trend pattern. Imports peaked at 230K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) soared to $559K in 2022. The total import value increased at an average annual rate of +7.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports attained 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 Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3122783584059.1%
Pakistan64.926.119.048.2-9.4%
Thailand1.61007.332.7173.4%
Italy10.85.012.99.3-4.9%
India4.46.01.38.826.0%
Vietnam1.43.426.68.884.6%
United States11.62.63.68.6-9.5%
Others44.527.825.738.3-4.9%
Total4514494555597.4%

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

  1. China (163.9K units)
  2. Pakistan (19.5K units)
  3. Thailand (13.2K units)
  4. Italy (3.8K units)
  5. India (3.6K units)
  6. Vietnam (3.6K units)
  7. United States (3.5K units)

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

In 2022, overseas shipments of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) were finally on the rise to reach 42K units after two years of decline. Overall, exports showed a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) soared to $122K in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +14.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.4% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina24.913.123.447.023.6%
Montenegro19.03.414.121.84.7%
North Macedonia15.125.29.818.26.4%
FranceN/A19.53.817.1-6.4%
Croatia3.76.04.18.230.4%
United KingdomN/A3.6N/A7.241.4%
Germany10.5N/A11.2N/A3.3%
Albania6.60.110.8N/A27.9%
Others2.315.117.12.2-1.5%
Total82.185.994.212214.1%

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

  1. Bosnia and Herzegovina (16.0K units)
  2. Montenegro (7.4K units)
  3. North Macedonia (6.2K units)
  4. France (5.8K units)
  5. Croatia (2.8K units)
  6. United Kingdom (2.5K units)

Source: IndexBox Market Intelligence Platform

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