Pakistan: Ball Market 2024

Ball Market Size in Pakistan

In 2022, the Pakistani ball market decreased by -69.7% to $X, falling for the second year in a row after two years of growth. Overall, consumption faced a abrupt curtailment. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Ball Production in Pakistan

In value terms, ball production amounted to $X in 2022 estimated in export price. In general, production showed a slight curtailment. The growth pace was the most rapid in 2016 when the production volume increased by 9.9%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Ball Exports

Exports from Pakistan

In 2022, ball exports from Pakistan skyrocketed to X units, with an increase of 111% compared with the previous year's figure. In general, exports enjoyed a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, ball exports surged to $X in 2022. Over the period under review, exports recorded a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The UK (X units), the United States (X units) and Germany (X units) were the main destinations of ball exports from Pakistan, together comprising 34% of total exports. Denmark, the Netherlands, the United Arab Emirates, Argentina, Italy, China, Spain, Brazil, South Africa and Japan lagged somewhat behind, together comprising a further 35%.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +24.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), the UK ($X) and Germany ($X) appeared to be the largest markets for ball exported from Pakistan worldwide, together accounting for 36% of total exports. Denmark, Argentina, China, the Netherlands, Italy, Brazil, Spain, the United Arab Emirates, Japan and South Africa lagged somewhat behind, together comprising a further 35%.

Among the main countries of destination, China, with a CAGR of +27.2%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average ball export price amounted to $X per unit, increasing by 15% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2013 an increase of 47% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to South Africa ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.

Ball Imports

Imports into Pakistan

In 2022, approx. X units of balls were imported into Pakistan; growing by 83% compared with 2021. In general, imports saw strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, ball imports surged to $X in 2022. Over the period under review, imports posted prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest ball supplier to Pakistan, with a 51% share of total imports. Moreover, ball imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X units), threefold. The third position in this ranking was held by Taiwan (Chinese) (X units), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +6.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+56.6% per year) and Taiwan (Chinese) (-0.9% per year).

In value terms, China ($X) constituted the largest supplier of balls to Pakistan, comprising 49% of total imports. The second position in the ranking was held by Thailand ($X), with a 20% share of total imports. It was followed by the Philippines, with a 9.1% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +12.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+55.7% per year) and the Philippines (+18.3% per year).

Import Prices by Country

In 2022, the average ball import price amounted to $X per unit, increasing by 31% against the previous year. In general, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ball import price increased by +40.0% against 2020 indices. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Philippines ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+16.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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