EU: Ball Market 2024

Ball Market Size in the EU

In 2022, after five years of decline, there was significant growth in the EU ball market, when its value increased by 32% to $X. In general, consumption enjoyed a temperate expansion. The level of consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Ball Production in the EU

In value terms, ball production skyrocketed to $X in 2022 estimated in export price. Overall, production, however, saw a deep downturn. The growth pace was the most rapid in 2020 when the production volume increased by 145%. The level of production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Ball Exports

Exports in the EU

In 2022, shipments abroad of balls increased by 21% to X units, rising for the third consecutive year after three years of decline. Total exports indicated tangible growth from 2012 to 2022: its volume increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +157.2% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 51% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, ball exports rose markedly to $X in 2022. Total exports indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.5% against 2019 indices. The pace of growth was the most pronounced in 2016 with an increase of 27% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

The Netherlands was the key exporting country with an export of around X units, which resulted at 42% of total exports. Germany (X units) ranks second in terms of the total exports with a 17% share, followed by France (8.7%), Italy (8%) and Spain (7.1%). Belgium (X units) and Austria (X units) held a minor 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. At the same time, Spain (+6.0%), Italy (+2.2%) and Germany (+1.1%) displayed positive paces of growth. By contrast, Austria (-1.5%), France (-2.4%) and Belgium (-7.1%) illustrated a downward trend over the same period. While the share of the Netherlands (+25 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Italy (-1.5 p.p.), Austria (-1.9 p.p.), Germany (-5.6 p.p.), France (-7.6 p.p.) and Belgium (-9.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest ball supplying countries in the European Union were Germany ($X), the Netherlands ($X) and Italy ($X), with a combined 54% share of total exports.

The Netherlands, with a CAGR of +10.0%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per unit, shrinking by -12% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the export price increased by 44% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+10.3%), while the other leaders experienced more modest paces of growth.

Ball Imports

Imports in the EU

Ball imports soared to X units in 2022, jumping by 16% against the year before. Total imports indicated tangible growth from 2012 to 2022: its volume increased at an average annual rate of +4.3% 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 +129.9% against 2015 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 31%. The volume of import peaked in 2022 and is likely to continue growth in the near future.

In value terms, ball imports soared to $X in 2022. The total import value increased at an average annual rate of +4.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the Netherlands (X units), France (X units) and Germany (X units) represented the major importer of balls in the European Union, committing 60% of total import. Spain (X units) held an 8.1% share (based on physical terms) of total imports, which put it in second place, followed by Italy (6%). The following importers - Austria (X units), Sweden (X units), Poland (X units), Ireland (X units), Denmark (X units), Belgium (X units) and the Czech Republic (X units) - together made up 19% of total imports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +11.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest ball importing markets in the European Union were Germany ($X), France ($X) and the Netherlands ($X), with a combined 51% share of total imports. Spain, Italy, Poland, Denmark, Austria, Sweden, Belgium, Ireland and the Czech Republic lagged somewhat behind, together accounting for a further 38%.

Ireland, with a CAGR of +7.0%, saw the highest growth rate of 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 the European Union stood at $X per unit in 2022, rising by 7.7% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the import price increased by 47% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+3.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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