Central Asia: Ball Market 2024

Ball Market Size in Central Asia

In 2022, the Central Asian ball market increased by 35% to $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption enjoyed moderate growth. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Ball Production in Central Asia

In value terms, ball production reached $X in 2022 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 49%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Ball Exports

Exports in Central Asia

In 2022, shipments abroad of balls was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports enjoyed prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, ball exports skyrocketed to $X in 2022. Overall, exports recorded strong growth. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Kazakhstan (X units) represented the key exporter of balls, achieving 58% of total exports. Uzbekistan (X units) ranks second in terms of the total exports with a 26% share, followed by Tajikistan (15%).

Exports from Kazakhstan increased at an average annual rate of +20.6% from 2012 to 2022. At the same time, Uzbekistan (+44.6%) and Tajikistan (+10.4%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of +44.6% from 2012-2022. Uzbekistan (+26 p.p.) and Kazakhstan (+3.7 p.p.) significantly strengthened its position in terms of the total exports, while Tajikistan saw its share reduced by -19.4% from 2012 to 2022, respectively.

In value terms, Kazakhstan ($X) emerged as the largest ball supplier in Central Asia, comprising 67% of total exports. The second position in the ranking was taken by Tajikistan ($X), with a 28% share of total exports.

In Kazakhstan, ball exports expanded at an average annual rate of +20.7% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Tajikistan (+5.9% per year) and Uzbekistan (-27.6% per year).

Export Prices by Country

The export price in Central Asia stood at $X per unit in 2022, with a decrease of -41.8% against the previous year. Overall, the export price showed a deep downturn. The pace of growth appeared the most rapid in 2013 when the export price increased by 39%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Tajikistan ($X per unit), while Uzbekistan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+0.0%), while the other leaders experienced a decline in the export price figures.

Ball Imports

Imports in Central Asia

After two years of decline, purchases abroad of balls increased by 72% to X units in 2022. Overall, imports posted prominent growth. The most prominent rate of growth was recorded in 2019 when imports increased by 100% against the previous year. As a result, imports attained the peak of X units. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, ball imports surged to $X in 2022. In general, imports enjoyed a strong expansion. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

Kazakhstan (X units) and Uzbekistan (X units) represented roughly 65% of total imports in 2022. Tajikistan (X units) held a 21% share (based on physical terms) of total imports, which put it in second place, followed by Kyrgyzstan (10%). Turkmenistan (X units) took a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Uzbekistan (with a CAGR of +34.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X) constitutes the largest market for imported balls in Central Asia, comprising 62% of total imports. The second position in the ranking was held by Tajikistan ($X), with a 16% share of total imports. It was followed by Uzbekistan, with a 14% share.

In Kazakhstan, ball imports expanded at an average annual rate of +7.4% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Tajikistan (+18.1% per year) and Uzbekistan (+41.4% per year).

Import Prices by Country

The import price in Central Asia stood at $X per unit in 2022, rising by 7.2% against the previous year. In general, the import price, however, continues to indicate a perceptible reduction. The growth pace was the most rapid in 2017 an increase of 17%. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a 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 Kazakhstan ($X per unit), while Uzbekistan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+5.5%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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