Lawn-Tennis Balls Price in Nepal - 2022
Contents:
Lawn-Tennis Balls Price in Nepal (CIF) - 2022
In 2022, the average lawn-tennis balls import price amounted to $0.4 per unit, growing by 54% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by 99% against the previous year. As a result, import price attained the peak level of $0.7 per unit. From 2014 to 2022, the average import prices remained at a lower figure.
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 Thailand ($4.3 per unit), while the price for China ($0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+21.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Lawn-Tennis Balls Imports in Nepal
In 2022, imports of lawn-tennis ballses into Nepal skyrocketed to 143K units, rising by 47% against 2021 figures. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 105% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, lawn-tennis balls imports surged to $57K in 2022. In general, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Lawn-Tennis Balls in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 14.2 | 8.5 | 1.3 | 33.0 | 32.5% |
| India | 2.5 | 9.2 | 15.3 | 13.2 | 74.1% |
| China | 11.0 | 0.8 | 5.5 | 6.7 | -15.2% |
| Thailand | 0.7 | 0.6 | 0.5 | 4.4 | 84.6% |
| Others | 1.9 | 2.1 | 2.6 | 0.1 | -62.5% |
| Total | 30.4 | 21.2 | 25.3 | 57.3 | 23.5% |
Top Suppliers of Lawn-Tennis Balls to Nepal in 2022:
- China (82.6K units)
- India (31.3K units)
- Philippines (28.0K units)
- Thailand (1.0K units)
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