Lawn-Tennis Balls Price in Spain - 2023

Contents:

  1. Lawn-Tennis Balls Price in Spain (CIF) - 2023
  2. Lawn-Tennis Balls Price in Spain (FOB) - 2023
  3. Lawn-Tennis Balls Imports in Spain
  4. Lawn-Tennis Balls Exports in Spain

Lawn-Tennis Balls Price in Spain (CIF) - 2023

The average lawn-tennis balls import price stood at $1.3 per unit in July 2023, picking up by 2% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in October 2022 an increase of 9.7% against the previous month. Over the period under review, average import prices attained the maximum at $1.4 per unit in April 2023; however, from May 2023 to July 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($2.1 per unit), while the price for China ($714 per thousand units) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Lawn-Tennis Balls Price in Spain (FOB) - 2023

In July 2023, the average lawn-tennis balls export price amounted to $3.4 per unit, surging by 29% against the previous month. In general, export price indicated temperate growth from July 2022 to July 2023: its price increased at an average monthly rate of +4.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, lawn-tennis balls export price increased by +34.8% against May 2023 indices. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 33% month-to-month. The export price peaked at $3.5 per unit in April 2023; however, from May 2023 to July 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was Sweden ($8.6 per unit), while the average price for exports to the United States ($462 per thousand units) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.

Lawn-Tennis Balls Imports in Spain

For the fourth consecutive year, Spain recorded growth in supplies from abroad of lawn-tennis ballses, which increased by 15% to 22M units in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +18.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 34%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, lawn-tennis balls imports expanded slightly to $14M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +12.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +43.5% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 32% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the near future.

Import of Lawn-Tennis Balls in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand2.92.75.36.832.9%
China4.14.64.83.7-3.4%
NetherlandsN/AN/AN/A1.00%
Taiwan (Chinese)0.20.60.61.071.0%
Indonesia0.10.10.30.571.0%
France0.80.60.90.5-14.5%
Italy0.10.10.30.458.7%
Philippines1.31.41.30.2-46.4%
Others0.40.30.40.2-20.6%
Total9.910.413.714.212.8%

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

  1. Thailand (10.4M units)
  2. China (5.6M units)
  3. Netherlands (1.5M units)
  4. Taiwan (Chinese) (1.3M units)
  5. France (0.8M units)
  6. Indonesia (0.7M units)
  7. Italy (0.5M units)
  8. Philippines (0.3M units)

Lawn-Tennis Balls Exports in Spain

For the fourth consecutive year, Spain recorded growth in shipments abroad of lawn-tennis ballses, which increased by 5.4% to 7.6M units in 2022. In general, exports recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 593%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, lawn-tennis balls exports skyrocketed to $11M in 2022. Over the period under review, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 681%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the near future.

Export of Lawn-Tennis Balls in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy46.31,0443,0013,923339.2%
France2815611,0351,91589.6%
Portugal67.8513896999145.2%
Netherlands3.0247665809546.1%
Germany11.977.5175697288.4%
Sweden79.21,3661,804688105.6%
Belgium8.5430930592311.4%
EcuadorN/AN/A3.944311259.0%
Others1094978651,425135.6%
Total6064,7359,37611,490166.7%

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

  1. Italy (2354.1K units)
  2. France (1149.0K units)
  3. Portugal (599.2K units)
  4. Ecuador (550.1K units)
  5. Netherlands (485.2K units)
  6. Germany (418.1K units)
  7. Sweden (412.6K units)
  8. Belgium (355.4K units)

Source: IndexBox Market Intelligence Platform

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