Eastern Europe: Ball Market 2024

Ball Market Size in Eastern Europe

In 2022, the East European ball market was finally on the rise to reach $X after five years of decline. Over the period under review, consumption recorded a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Ball Production in Eastern Europe

In value terms, ball production expanded slightly to $X in 2022 estimated in export price. In general, production, however, showed a noticeable descent. The growth pace was the most rapid in 2014 when the production volume increased by 24%. The level of production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Ball Exports

Exports in Eastern Europe

After two years of growth, overseas shipments of balls decreased by -11.2% to X units in 2022. In general, exports, however, enjoyed strong growth. The growth pace was the most rapid in 2020 when exports increased by 63%. The volume of export peaked at X units in 2021, and then shrank in the following year.

In value terms, ball exports declined to $X in 2022. Over the period under review, exports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2016 when exports increased by 40% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then dropped modestly in the following year.

Exports by Country

Poland represented the major exporter of balls in Eastern Europe, with the volume of exports amounting to X units, which was approx. 48% of total exports in 2022. The Czech Republic (X units) ranks second in terms of the total exports with a 19% share, followed by Russia (8.2%) and Hungary (4.9%). The following exporters - Lithuania (X units), Slovakia (X units), Romania (X units), Belarus (X units), Latvia (X units) and Bulgaria (X units) - together made up 18% of total exports.

From 2012 to 2022, average annual rates of growth with regard to ball exports from Poland stood at +20.5%. At the same time, Belarus (+87.7%), Romania (+33.3%), Bulgaria (+16.5%), Latvia (+16.4%), the Czech Republic (+13.4%), Russia (+11.5%) and Lithuania (+4.6%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +87.7% from 2012-2022. By contrast, Hungary (-2.0%) and Slovakia (-3.2%) illustrated a downward trend over the same period. While the share of Poland (+28 p.p.), the Czech Republic (+4.4 p.p.), Romania (+3 p.p.) and Belarus (+2.5 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Lithuania (-3.1 p.p.), Slovakia (-10.6 p.p.) and Hungary (-11.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest ball supplier in Eastern Europe, comprising 49% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 20% share of total exports. It was followed by Russia, with a 7.1% share.

In Poland, ball exports expanded at an average annual rate of +17.4% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the Czech Republic (+12.1% per year) and Russia (+9.7% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per unit in 2022, rising by 8.8% against the previous year. Overall, the export price, however, saw a slight shrinkage. The pace of growth was the most pronounced in 2018 when the export price increased by 16%. The level of export peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+1.3%), while the other leaders experienced more modest paces of growth.

Ball Imports

Imports in Eastern Europe

In 2022, after two years of growth, there was decline in purchases abroad of balls, when their volume decreased by -2.2% to X units. Total imports indicated mild growth from 2012 to 2022: its volume 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. Based on 2022 figures, imports increased by +3.7% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of 34%. Over the period under review, imports reached the peak figure at X units in 2021, and then fell modestly in the following year.

In value terms, ball imports rose notably to $X in 2022. The total import value increased at an average annual rate of +3.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when imports increased by 24%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

Russia represented the key importing country with an import of about X units, which accounted for 41% of total imports. Poland (X units) held the second position in the ranking, distantly followed by the Czech Republic (X units), Romania (X units) and Hungary (X units). All these countries together held near 43% share of total imports. Slovakia (X units) and Bulgaria (X units) took a little share of total imports.

Russia experienced a relatively flat trend pattern with regard to volume of imports of balls. At the same time, Bulgaria (+8.8%), Hungary (+4.3%), Poland (+4.3%), the Czech Republic (+3.6%), Romania (+3.3%) and Slovakia (+2.0%) displayed positive paces of growth. Moreover, Bulgaria emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of +8.8% from 2012-2022. While the share of Poland (+4.6 p.p.), the Czech Republic (+2.1 p.p.) and Bulgaria (+1.6 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Russia (-8.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest ball importing markets in Eastern Europe were Poland ($X), Russia ($X) and the Czech Republic ($X), with a combined 63% share of total imports. Slovakia, Hungary, Romania and Bulgaria lagged somewhat behind, together accounting for a further 27%.

Bulgaria, with a CAGR of +9.8%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per unit in 2022, picking up by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2014 an increase of 45% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Slovakia ($X per unit), while Russia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+6.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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