Middle East: Ball Market 2024

Ball Market Size in the Middle East

In 2022, the Middle Eastern ball market increased by 16% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of +1.7% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in the near future.

Ball Production in the Middle East

In value terms, ball production amounted to $X in 2022 estimated in export price. Over the period under review, production enjoyed a moderate increase. The pace of growth appeared the most rapid in 2017 when the production volume increased by 139%. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Ball Exports

Exports in the Middle East

In 2022, ball exports in the Middle East declined to X units, waning by -10.2% compared with the year before. Over the period under review, exports showed a noticeable reduction. The most prominent rate of growth was recorded in 2017 with an increase of 50% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, ball exports contracted remarkably to $X in 2022. In general, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2017 with an increase of 54%. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Turkey represented the largest exporter of balls in the Middle East, with the volume of exports reaching X units, which was approx. 53% of total exports in 2022. Palestine (X units) ranks second in terms of the total exports with a 15% share, followed by the United Arab Emirates (14%), Iran (9.1%) and Oman (5.8%). Israel (X units) followed a long way behind the leaders.

Exports from Turkey increased at an average annual rate of +11.2% from 2012 to 2022. At the same time, Iran (+46.8%) and Israel (+18.1%) displayed positive paces of growth. Moreover, Iran emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +46.8% from 2012-2022. Oman experienced a relatively flat trend pattern. By contrast, Palestine (-11.8%) and the United Arab Emirates (-16.2%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Turkey, Iran, Oman and Israel increased by +42, +9, +2.2 and +1.6 percentage points, respectively.

In value terms, Turkey ($X) remains the largest ball supplier in the Middle East, comprising 55% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 14% share of total exports. It was followed by Oman, with a 12% share.

In Turkey, ball exports expanded at an average annual rate of +12.2% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (-15.4% per year) and Oman (+17.2% per year).

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per unit, shrinking by -54.9% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the export price increased by 39%. The level of export peaked at $X per unit in 2021, and then contracted rapidly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+17.0%), while the other leaders experienced more modest paces of growth.

Ball Imports

Imports in the Middle East

In 2022, the amount of balls imported in the Middle East soared to X units, rising by 22% on the previous year. Overall, imports, however, continue to indicate a slight descent. The pace of growth appeared the most rapid in 2013 when imports increased by 42%. As a result, imports attained the peak of X units. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, ball imports surged to $X in 2022. Over the period under review, imports, however, continue to indicate a noticeable contraction. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

The United Arab Emirates represented the largest importing country with an import of about X units, which reached 40% of total imports. It was distantly followed by Iraq (X units), Turkey (X units), Israel (X units) and Yemen (X units), together achieving a 44% share of total imports. The following importers - Iran (X units) and Kuwait (X units) - each accounted for an 8.2% share of total imports.

The United Arab Emirates experienced a relatively flat trend pattern with regard to volume of imports of balls. At the same time, Yemen (+9.0%), Israel (+3.0%) and Iraq (+1.2%) displayed positive paces of growth. Moreover, Yemen emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +9.0% from 2012-2022. Kuwait experienced a relatively flat trend pattern. By contrast, Turkey (-2.5%) and Iran (-13.0%) illustrated a downward trend over the same period. Yemen (+4.7 p.p.), Israel (+3.3 p.p.), Iraq (+3.3 p.p.) and the United Arab Emirates (+1.9 p.p.) significantly strengthened its position in terms of the total imports, while Iran saw its share reduced by -10.9% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X), Turkey ($X) and Israel ($X) were the countries with the highest levels of imports in 2022, with a combined 65% share of total imports.

Among the main importing countries, Israel, with a CAGR of +7.5%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per unit, approximately equating the previous year. Overall, the import price continues to indicate a mild slump. The most prominent rate of growth was recorded in 2014 when the import price increased by 22% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, import prices stood 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 Israel ($X per unit), while Iran ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+4.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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