Lawn-Tennis Balls Price in New Zealand - 2023
Contents:
- Lawn-Tennis Balls Price in New Zealand (CIF) - 2022
- Lawn-Tennis Balls Price in New Zealand (FOB) - 2022
- Lawn-Tennis Balls Imports in New Zealand
- Lawn-Tennis Balls Exports in New Zealand
Lawn-Tennis Balls Price in New Zealand (CIF) - 2022
In 2022, the average lawn-tennis balls import price amounted to $0.7 per unit, increasing by 24% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 25% against the previous year. Over the period under review, average import prices attained the maximum at $0.8 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Philippines ($2.4 per unit), while the price for China ($0.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Lawn-Tennis Balls Price in New Zealand (FOB) - 2022
The average lawn-tennis balls export price stood at $1.2 per unit in 2022, falling by -59.6% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 214% against the previous year. Over the period under review, the average export prices hit record highs at $2.9 per unit in 2021, and then plummeted in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Samoa ($3.1 per unit), while the average price for exports to Australia stood at $1.1 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Samoa (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.
Lawn-Tennis Balls Imports in New Zealand
In 2022, approx. 1.9M units of lawn-tennis ballses were imported into New Zealand; rising by 25% on the previous year's figure. The total import volume increased at an average annual rate of +4.0% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, lawn-tennis balls imports soared to $1.4M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +8.9% 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 +64.4% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Lawn-Tennis Balls in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 420 | 378 | 254 | 685 | 17.7% |
| China | 574 | 411 | 514 | 549 | -1.5% |
| India | 1.1 | 4.1 | 20.3 | 47.6 | 251.1% |
| Others | 57.0 | 33.1 | 86.4 | 76.6 | 10.4% |
| Total | 1,051 | 826 | 875 | 1,358 | 8.9% |
Top Suppliers of Lawn-Tennis Balls to New Zealand in 2022:
- Thailand (963.1K units)
- China (829.8K units)
- India (40.7K units)
Lawn-Tennis Balls Exports in New Zealand
In 2022, shipments abroad of lawn-tennis ballses was finally on the rise to reach 4.4K units after two years of decline. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, lawn-tennis balls exports surged to $5.2K in 2022. In general, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 188%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Lawn-Tennis Balls in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 1.3 | 0.5 | N/A | 4.8 | 54.6% |
| Samoa | N/A | N/A | N/A | 0.4 | 0% |
| United Kingdom | N/A | 0.8 | 0.9 | N/A | 12.5% |
| Vanuatu | N/A | 2.7 | 3.0 | N/A | 11.1% |
| Others | 0.2 | 0.1 | 0.1 | N/A | -29.3% |
| Total | 1.4 | 4.1 | 4.0 | 5.2 | 54.9% |
Top Export Markets for Lawn-Tennis Balls from New Zealand in 2022:
- Australia (4.3K units)
- Samoa (0.1K units)
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