CIS: Ball Market 2024

Ball Market Size in CIS

The CIS ball market was finally on the rise to reach $X in 2022, after three years of decline. The total consumption indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Ball Production in CIS

In value terms, ball production rose rapidly to $X in 2022 estimated in export price. In general, production, however, showed a slight reduction. The most prominent rate of growth was recorded in 2018 when the production volume increased by 29%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Ball Exports

Exports in CIS

In 2022, the amount of balls exported in the CIS skyrocketed to X units, jumping by 22% on the previous year. Over the period under review, exports saw prominent growth. The growth pace was the most rapid in 2017 with an increase of 77%. The volume of export peaked at X units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, ball exports expanded rapidly to $X in 2022. In general, exports recorded a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of 53%. Over the period under review, the exports attained the peak figure at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Russia represented the largest exporting country with an export of about X units, which reached 70% of total exports. It was distantly followed by Belarus (X units), constituting a 22% share of total exports. The following exporters - Kazakhstan (X units) and Moldova (X units) - each resulted at a 5.9% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to ball exports from Russia stood at +11.5%. At the same time, Belarus (+87.7%), Moldova (+76.3%) and Kazakhstan (+20.6%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +87.7% from 2012-2022. Belarus (+21 p.p.) and Moldova (+2.7 p.p.) significantly strengthened its position in terms of the total exports, while Russia saw its share reduced by -25.8% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest ball supplier in the CIS, comprising 79% of total exports. The second position in the ranking was taken by Belarus ($X), with a 12% share of total exports. It was followed by Kazakhstan, with a 4% share.

From 2012 to 2022, the average annual growth rate of value in Russia stood at +9.7%. In the other countries, the average annual rates were as follows: Belarus (+77.0% per year) and Kazakhstan (+20.7% per year).

Export Prices by Country

The export price in the CIS stood at $X per unit in 2022, which is down by -9.2% against the previous year. Overall, the export price recorded a pronounced decrease. The growth pace was the most rapid in 2021 when the export price increased by 33%. Over the period under review, the export prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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 Kazakhstan ($X per unit), while Belarus ($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 CIS

In 2022, supplies from abroad of balls was finally on the rise to reach X units after two years of decline. Total imports indicated perceptible growth from 2012 to 2022: its volume increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -21.0% against 2019 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 70%. Over the period under review, imports attained the peak figure at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, ball imports amounted to $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 35%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Russia prevails in imports structure, amounting to X units, which was near 66% of total imports in 2022. It was distantly followed by Kazakhstan (X units), Uzbekistan (X units) and Belarus (X units), together generating a 19% share of total imports. The following importers - Tajikistan (X units), Azerbaijan (X units), Armenia (X units) and Kyrgyzstan (X units) - together made up 14% of total imports.

Russia experienced a relatively flat trend pattern with regard to volume of imports of balls. At the same time, Azerbaijan (+39.5%), Uzbekistan (+34.0%), Kyrgyzstan (+27.7%), Tajikistan (+21.4%), Belarus (+10.6%), Kazakhstan (+7.7%) and Armenia (+7.1%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +39.5% from 2012-2022. While the share of Uzbekistan (+6.6 p.p.), Tajikistan (+3.6 p.p.), Azerbaijan (+3.6 p.p.), Belarus (+2.6 p.p.), Kazakhstan (+2.6 p.p.) and Kyrgyzstan (+1.9 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Russia (-22.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported balls in the CIS, comprising 61% of total imports. The second position in the ranking was held by Kazakhstan ($X), with an 18% share of total imports. It was followed by Belarus, with a 6.2% share.

In Russia, ball imports shrank by an average annual rate of -2.2% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (+7.4% per year) and Belarus (+5.6% per year).

Import Prices by Country

The import price in the CIS stood at $X per unit in 2022, remaining constant against the previous year. Overall, the import price, however, continues to indicate a slight shrinkage. The growth pace was the most rapid in 2014 an increase of 37%. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the import prices remained 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 Kazakhstan ($X per unit), while Armenia ($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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