Portugal: Ball Market 2024

Ball Market Size in Portugal

The Portuguese ball market dropped to $X in 2022, declining by -8.3% against the previous year. In general, consumption, however, showed buoyant growth. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Ball Production in Portugal

In value terms, ball production reduced to $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 8.2%. Ball production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Ball Exports

Exports from Portugal

In 2022, exports of balls from Portugal dropped slightly to X units, declining by -2% against the year before. Overall, exports saw a noticeable shrinkage. The growth pace was the most rapid in 2013 when exports increased by 62%. The exports peaked at X units in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, ball exports surged to $X in 2022. Over the period under review, exports continue to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2013 when exports increased by 69%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Spain (X units) was the main destination for ball exports from Portugal, with a 39% share of total exports. Moreover, ball exports to Spain exceeded the volume sent to the second major destination, Angola (X units), threefold. Cabo Verde (X units) ranked third in terms of total exports with a 6.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Spain amounted to -2.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Angola (-10.4% per year) and Cabo Verde (+4.9% per year).

In value terms, Spain ($X) remains the key foreign market for balls exports from Portugal, comprising 40% of total exports. The second position in the ranking was taken by Angola ($X), with a 12% share of total exports. It was followed by Cabo Verde, with a 6.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Spain stood at -2.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Angola (-9.9% per year) and Cabo Verde (+5.7% per year).

Export Prices by Country

In 2022, the average ball export price amounted to $X per unit, increasing by 26% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by 37%. Over the period under review, the average export prices attained the maximum at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Greece ($X per unit) and the Netherlands ($X per unit), while the average price for exports to Belgium ($X per unit) and Angola ($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 Morocco (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.

Ball Imports

Imports into Portugal

In 2022, purchases abroad of balls decreased by -30.3% to X units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, recorded pronounced growth. The pace of growth was the most pronounced in 2016 with an increase of 84% against the previous year. Imports peaked at X units in 2021, and then reduced notably in the following year.

In value terms, ball imports skyrocketed to $X in 2022. In general, total imports indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 with an increase of 66%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Spain (X units), France (X units) and Germany (X units) were the main suppliers of ball imports to Portugal, together comprising 65% of total imports. Belgium, Estonia, China, Pakistan, Denmark, the Netherlands, Thailand, Italy and the UK lagged somewhat behind, together comprising a further 31%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Estonia (with a CAGR of +168.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X) constituted the largest supplier of balls to Portugal, comprising 40% of total imports. The second position in the ranking was held by France ($X), with a 14% share of total imports. It was followed by Germany, with a 7.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain amounted to +9.3%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+5.4% per year) and Germany (+25.2% per year).

Import Prices by Country

The average ball import price stood at $X per unit in 2022, jumping by 77% against the previous year. Over the period under review, import price indicated modest growth from 2012 to 2022: its price 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. Over the period under review, average import prices reached the maximum at $X per unit in 2014; however, from 2015 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 Denmark ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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