New Zealand: Ball Market 2024

Ball Market Size in New Zealand

In 2022, the New Zealand ball market increased by 2.8% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of +2.2% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. Ball consumption peaked in 2022 and is expected to retain growth in the near future.

Ball Exports

Exports from New Zealand

Ball exports from New Zealand soared to X units in 2022, picking up by 131% on the year before. In general, exports posted a noticeable expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 133% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, ball exports skyrocketed to $X in 2022. Overall, exports showed a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Australia (X units) was the main destination for ball exports from New Zealand, accounting for a 32% share of total exports. Moreover, ball exports to Australia exceeded the volume sent to the second major destination, the United States (X units), threefold. Samoa (X units) ranked third in terms of total exports with a 7.6% share.

From 2012 to 2022, the average annual growth rate of volume to Australia amounted to -1.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-5.5% per year) and Samoa (+39.4% per year).

In value terms, Australia ($X), the United States ($X) and Fiji ($X) constituted the largest markets for ball exported from New Zealand worldwide, with a combined 41% share of total exports. Samoa, China, Japan, Vanuatu, Solomon Islands, Cook Islands, Tonga, Germany, Papua New Guinea and Pakistan lagged somewhat behind, together accounting for a further 51%.

In terms of the main countries of destination, Vanuatu, with a CAGR of +45.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average ball export price stood at $X per unit in 2022, dropping by -14.5% against the previous year. Overall, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ball export price decreased by -14.7% against 2019 indices. The growth pace was the most rapid in 2019 when the average export price increased by 57%. As a result, the export price attained the peak level of $X per unit. From 2020 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Fiji ($X per unit), while the average price for exports to Pakistan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.

Ball Imports

Imports into New Zealand

In 2022, purchases abroad of balls was finally on the rise to reach X units for the first time since 2018, thus ending a three-year declining trend. The total import volume increased at an average annual rate of +2.6% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2018 when imports increased by 24%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, ball imports reached $X in 2022. The total import value increased at an average annual rate of +2.2% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 36%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

China (X units), Thailand (X units) and India (X units) were the main suppliers of ball imports to New Zealand, with a combined 87% share of total imports. Vietnam, Australia, Pakistan, Taiwan (Chinese) and the Philippines lagged somewhat behind, together comprising a further 12%.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +40.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest ball suppliers to New Zealand were China ($X), India ($X) and Thailand ($X), together comprising 68% of total imports. Australia, Vietnam, Pakistan, Taiwan (Chinese) and the Philippines lagged somewhat behind, together accounting for a further 30%.

In terms of the main suppliers, Vietnam, with a CAGR of +45.8%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average ball import price stood at $X per unit in 2022, declining by -14.3% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 38% against the previous year. As a result, import price attained the peak level of $X per unit, and then declined in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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