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

Contents:

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

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

In 2022, the average import price for balls; (other than inflatable or for lawn-tennis, golf or table-tennis) amounted to $0.4 per unit, declining by -18.4% against the previous year. In general, the import price recorded a deep slump. The most prominent rate of growth was recorded in 2014 an increase of 26% against the previous year. Over the period under review, average import prices reached the maximum at $1.5 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($0.8 per unit), while the price for Thailand ($0.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+8.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for balls; (other than inflatable or for lawn-tennis, golf or table-tennis) stood at $3.7 per unit in 2022, picking up by 16% against the previous year. Over the period under review, the export price saw resilient growth. The most prominent rate of growth was recorded in 2021 an increase of 46% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +19.1% per year.

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

In 2022, the amount of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) imported into Nepal skyrocketed to 2.2M units, rising by 18% against the previous year. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +15.6% 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 +69.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 43%. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, imports of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) dropped modestly to $995K in 2022. In general, imports, however, recorded a noticeable shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 43% against the previous year. Over the period under review, imports of attained the peak figure at $1.1M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China885476706584-12.9%
Japan89.915522120732.0%
Thailand0.60.40.4157539.6%
India87.256.958.645.5-19.5%
Others26.433.949.21.2-64.3%
Total1,0897221,035995-3.0%

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

  1. China (1242.9K units)
  2. Thailand (623.0K units)
  3. Japan (244.0K units)
  4. India (102.0K units)

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

In 2022, overseas shipments of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) decreased by -72.4% to 1.5K units, falling for the second year in a row after two years of growth. Over the period under review, exports showed a dramatic setback. The pace of growth was the most pronounced in 2020 with an increase of 107%. As a result, the exports reached the peak of 6.4K units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of balls; (other than inflatable or for lawn-tennis, golf or table-tennis) shrank markedly to $5.5K in 2022. Overall, exports saw a perceptible decline. The pace of growth was the most pronounced in 2020 with an increase of 136%. The exports peaked at $17K in 2021, and then shrank markedly in the following year.

Export of Balls; (Other than Inflatable or for Lawn-Tennis, Golf or Table-Tennis) in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4.94.34.25.53.9%
ChinaN/A4.1N/AN/A0%
Switzerland0.21.01.8N/A200.0%
Germany0.11.03.2N/A465.7%
Austria0.11.32.9N/A438.5%
Australia0.10.41.2N/A246.4%
Canada0.10.40.5N/A123.6%
Others0.31.53.6N/A246.4%
Total5.914.017.35.5-2.3%

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

  1. United States (1.5K units)

Source: IndexBox Market Intelligence Platform

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Free Data: Balls; (other than inflatable or for lawn-tennis, golf or table-tennis) - Nepal