Italy: Ball Market 2024

Ball Market Size in Italy

In 2022, after two years of decline, there was significant growth in the Italian ball market, when its value increased by 93% to $X. In general, consumption, however, showed a noticeable curtailment. Ball consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Ball Production in Italy

In value terms, ball production fell to $X in 2022 estimated in export price. In general, production, however, continues to indicate a deep setback. The most prominent rate of growth was recorded in 2019 with an increase of 109%. Ball production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Ball Exports

Exports from Italy

For the third consecutive year, Italy recorded growth in overseas shipments of balls, which increased by 2.8% to X units in 2022. In general, exports showed a perceptible increase. The pace of growth appeared the most rapid in 2021 when exports increased by 93% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, ball exports contracted to $X in 2022. Overall, total exports indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +2.6% 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 +35.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 45% against the previous year. As a result, the exports reached the peak of $X, and then reduced in the following year.

Exports by Country

The United States (X units), France (X units) and the Netherlands (X units) were the main destinations of ball exports from Italy, together accounting for 47% of total exports. Germany, Poland, Spain, Greece, the UK, Israel, Croatia, Belgium, Bulgaria and Turkey lagged somewhat behind, together comprising a further 34%.

From 2012 to 2022, the biggest increases were recorded for Croatia (with a CAGR of +27.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), France ($X) and the Netherlands ($X) appeared to be the largest markets for ball exported from Italy worldwide, together comprising 48% of total exports. Germany, Poland, Spain, Greece, the UK, Israel, Croatia, Belgium, Bulgaria and Turkey lagged somewhat behind, together accounting for a further 34%.

Croatia, with a CAGR of +25.8%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average ball export price stood at $X per unit in 2022, shrinking by -9% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average export price increased by 27% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($X per unit) and Belgium ($X per unit), while the average price for exports to Croatia ($X per unit) and Israel ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.

Ball Imports

Imports into Italy

Ball imports into Italy rose sharply to X units in 2022, with an increase of 14% on the year before. In general, total imports indicated a slight increase from 2012 to 2022: its volume increased at an average annual rate of +1.9% 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 +69.5% against 2018 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 41% against the previous year. Over the period under review, imports attained the maximum in 2022 and are 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 +3.0% 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 reached the peak and are likely to continue growth in the immediate term.

Imports by Country

France (X units), the Netherlands (X units) and China (X units) were the main suppliers of ball imports to Italy, with a combined 53% share of total imports. Austria, Germany, Spain, Pakistan and Belgium lagged somewhat behind, together accounting for a further 41%.

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

In value terms, the largest ball suppliers to Italy were China ($X), France ($X) and Spain ($X), together comprising 49% of total imports. Pakistan, Germany, the Netherlands, Austria and Belgium lagged somewhat behind, together comprising a further 40%.

Germany, with a CAGR of +15.8%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average ball import price amounted to $X per unit, with an increase of 22% against the previous year. Overall, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 an increase of 38%. Over the period under review, average import prices hit record highs at $X per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Pakistan ($X per unit), while the price for the Netherlands ($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 (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :