Sweden: Ball Market 2024

Ball Market Size in Sweden

In 2022, the Swedish ball market decreased by -14.5% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption, however, posted a strong expansion. Over the period under review, the market hit record highs at $X in 2021, and then fell in the following year.

Ball Exports

Exports from Sweden

In 2022, shipments abroad of balls increased by 8.9% to X units, rising for the fourth year in a row after five years of decline. Over the period under review, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when exports increased by 56%. As a result, the exports attained the peak of X units. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, ball exports surged to $X in 2022. The total export value increased at an average annual rate of +5.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 when exports increased by 28%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

The United States (X units), the Netherlands (X units) and Finland (X units) were the main destinations of ball exports from Sweden, with a combined 56% share of total exports. Norway, Denmark, Germany, France, Poland, Belgium, the UK, Austria, the Czech Republic and Greece lagged somewhat behind, together comprising a further 36%.

From 2012 to 2022, the biggest increases were recorded for Norway (with a CAGR of +9.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Norway ($X) and Finland ($X) were the largest markets for ball exported from Sweden worldwide, with a combined 65% share of total exports. Denmark, the Netherlands, Germany, Poland, the UK, France, Belgium, Austria, the Czech Republic and Greece lagged somewhat behind, together accounting for a further 28%.

The Netherlands, with a CAGR of +9.4%, saw the highest rates of growth with regard to the value of exports, in terms of 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, growing by 7.4% against the previous year. In general, the export price continues to indicate perceptible growth. The pace of growth was the most pronounced in 2017 when the average export price increased by 64% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Greece ($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 Austria (+14.5%), while the prices for the other major destinations experienced more modest paces of growth.

Ball Imports

Imports into Sweden

In 2022, after three years of growth, there was significant decline in purchases abroad of balls, when their volume decreased by -12% to X units. Over the period under review, imports, however, showed tangible growth. The most prominent rate of growth was recorded in 2017 with an increase of 63%. Imports peaked at X units in 2021, and then contracted in the following year.

In value terms, ball imports amounted to $X in 2022. The total import value increased at an average annual rate of +3.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 27%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

Thailand (X units), China (X units) and Germany (X units) were the main suppliers of ball imports to Sweden, with a combined 68% share of total imports. Denmark, France, Spain, Austria, Pakistan, Taiwan (Chinese) and Norway lagged somewhat behind, together accounting for a further 24%.

From 2012 to 2022, the biggest increases were recorded for Austria (with a CAGR of +110.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and Thailand ($X) were the largest ball suppliers to Sweden, with a combined 61% share of total imports. Denmark, Pakistan, Spain, Austria, France, Taiwan (Chinese) and Norway lagged somewhat behind, together comprising a further 24%.

In terms of the main suppliers, Austria, with a CAGR of +85.2%, saw 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

The average ball import price stood at $X per unit in 2022, growing by 17% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 44% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 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 Pakistan ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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