Benelux: Ball Market 2024

Ball Market Size in Benelux

The Benelux ball market expanded remarkably to $X in 2022, surging by 5.4% against the previous year. In general, consumption, however, continues to indicate a noticeable reduction. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Ball Production in Benelux

In value terms, ball production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, showed a drastic downturn. The pace of growth appeared the most rapid in 2020 with an increase of 802% against the previous year. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Ball Exports

Exports in Benelux

In 2022, overseas shipments of balls increased by 76% to X units, rising for the fourth consecutive year after two years of decline. Over the period under review, exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 158%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, ball exports rose modestly to $X in 2022. Overall, exports enjoyed a modest expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 157%. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands dominates exports structure, amounting to X units, which was near 90% of total exports in 2022. It was distantly followed by Belgium (X units), mixing up a 9.6% share of total exports.

The Netherlands was also the fastest-growing in terms of the balls exports, with a CAGR of +14.2% from 2012 to 2022. Belgium (-7.1%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Netherlands increased by +38 percentage points.

In value terms, the Netherlands ($X) remains the largest ball supplier in Benelux, comprising 70% of total exports. The second position in the ranking was held by Belgium ($X), with a 30% share of total exports.

In the Netherlands, ball exports expanded at an average annual rate of +10.0% over the period from 2012-2022.

Export Prices by Country

The export price in Benelux stood at $X per unit in 2022, with a decrease of -42.1% against the previous year. In general, the export price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2017 an increase of 78% against the previous year. The level of export peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the Netherlands amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+0.9%).

Ball Imports

Imports in Benelux

In 2022, approx. X units of balls were imported in Benelux; surging by 45% on the year before. In general, imports enjoyed a prominent increase. The pace of growth was the most pronounced in 2020 with an increase of 73%. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, ball imports stood at $X in 2022. Total imports indicated slight growth from 2012 to 2022: its value increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +91.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 56% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

The Netherlands dominates imports structure, reaching X units, which was near 92% of total imports in 2022. It was distantly followed by Belgium (X units), making up a 7.2% share of total imports.

The Netherlands was also the fastest-growing in terms of the balls imports, with a CAGR of +11.0% from 2012 to 2022. Belgium (-7.3%) illustrated a downward trend over the same period. While the share of the Netherlands (+25 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Belgium (-24.5 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) constitutes the largest market for imported balls in Benelux, comprising 80% of total imports. The second position in the ranking was taken by Belgium ($X), with a 19% share of total imports.

From 2012 to 2022, the average annual growth rate of value in the Netherlands amounted to +6.1%.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per unit, reducing by -27.7% against the previous year. In general, the import price showed a abrupt slump. The most prominent rate of growth was recorded in 2018 when the import price increased by 93% against the previous year. Over the period under review, import prices reached the maximum at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per unit), while the Netherlands amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+0.2%).

Source: IndexBox Platform