Romania: Ball Market 2024

Ball Market Size in Romania

The Romanian ball market declined to $X in 2022, which is down by -11.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -17.2% against 2020 indices. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Ball Exports

Exports from Romania

For the third consecutive year, Romania recorded growth in overseas shipments of balls, which increased by 54% to X units in 2022. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 596%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, ball exports skyrocketed to $X in 2022. Overall, exports recorded significant growth. The pace of growth appeared the most rapid in 2016 with an increase of 562% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Bulgaria (X units) was the main destination for ball exports from Romania, accounting for a 71% share of total exports. Moreover, ball exports to Bulgaria exceeded the volume sent to the second major destination, Greece (X units), fivefold. The third position in this ranking was held by Moldova (X units), with a 5.1% share.

From 2012 to 2022, the average annual growth rate of volume to Bulgaria stood at +53.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (+56.1% per year) and Moldova (+26.2% per year).

In value terms, Bulgaria ($X) remains the key foreign market for balls exports from Romania, comprising 70% of total exports. The second position in the ranking was taken by Greece ($X), with a 15% share of total exports. It was followed by Moldova, with a 5.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Bulgaria totaled +54.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (+57.0% per year) and Moldova (+23.6% per year).

Export Prices by Country

In 2022, the average ball export price amounted to $X per unit, declining by -7.8% against the previous year. Overall, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ball export price decreased by -34.9% against 2019 indices. The growth pace was the most rapid in 2015 when the average export price increased by 92%. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to France ($X per unit) and Turkey ($X per unit), while the average price for exports to Greece ($X per unit) and Bulgaria ($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 Hungary (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.

Ball Imports

Imports into Romania

After five years of growth, purchases abroad of balls decreased by -22.9% to X units in 2022. Over the period under review, imports, however, recorded noticeable growth. The growth pace was the most rapid in 2020 when imports increased by 38%. Imports peaked at X units in 2021, and then shrank rapidly in the following year.

In value terms, ball imports amounted to $X in 2022. In general, imports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2018 when imports increased by 38% against the previous year. Over the period under review, imports attained the peak figure at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, France (X units) constituted the largest ball supplier to Romania, with a 29% share of total imports. Moreover, ball imports from France exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. China (X units) ranked third in terms of total imports with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from France stood at +13.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-2.7% per year) and China (-2.8% per year).

In value terms, France ($X) constituted the largest supplier of balls to Romania, comprising 31% of total imports. The second position in the ranking was held by Spain ($X), with a 14% share of total imports. It was followed by China, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value from France totaled +24.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+32.1% per year) and China (-0.6% per year).

Import Prices by Country

The average ball import price stood at $X per unit in 2022, growing by 34% against the previous year. In general, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the average import price increased by 48% against the previous year. The import price peaked at $X per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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