Switzerland: Ball Market 2024

Ball Market Size in Switzerland

The Swiss ball market skyrocketed to $X in 2022, with an increase of 21% 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). The market value increased at an average annual rate of +4.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Ball Exports

Exports from Switzerland

In 2022, shipments abroad of balls increased by 33% to X units, rising for the second consecutive year after two years of decline. In general, exports recorded a strong increase. The most prominent rate of growth was recorded in 2016 with an increase of 130% against the previous year. As a result, the exports reached the peak of X units. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, ball exports dropped to $X in 2022. Overall, exports saw a prominent expansion. The pace of growth appeared the most rapid in 2016 with an increase of 149%. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X units), Germany (X units) and France (X units) were the main destinations of ball exports from Switzerland, together accounting for 51% of total exports. Italy, the UK, Qatar, the Czech Republic, Sweden, Norway, Slovenia, Romania, Spain and Lebanon lagged somewhat behind, together comprising a further 34%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Qatar (with a CAGR of +299.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for ball exported from Switzerland were Germany ($X), the United States ($X) and France ($X), together accounting for 48% of total exports. Italy, Qatar, the UK, the Czech Republic, Sweden, Norway, Slovenia, Romania, Spain and Lebanon lagged somewhat behind, together comprising a further 36%.

Qatar, with a CAGR of +257.4%, saw the highest growth rate of 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, with a decrease of -35.9% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average export price increased by 19%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Sweden ($X per unit) and Slovenia ($X per unit), while the average price for exports to the United States ($X per unit) and Italy ($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 the UK (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.

Ball Imports

Imports into Switzerland

In 2022, approx. X units of balls were imported into Switzerland; increasing by 19% on 2021 figures. The total import volume increased at an average annual rate of +3.2% 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 2021 with an increase of 25% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, ball imports soared to $X in 2022. The total import value increased at an average annual rate of +4.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X units), Thailand (X units) and Pakistan (X units) were the main suppliers of ball imports to Switzerland, together accounting for 71% of total imports. Germany, the Philippines, France, Italy and Vietnam lagged somewhat behind, together accounting for a further 21%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of +34.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of balls to Switzerland, comprising 38% of total imports. The second position in the ranking was taken by Pakistan ($X), with a 17% share of total imports. It was followed by Thailand, with a 14% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +5.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Pakistan (+3.8% per year) and Thailand (+7.6% per year).

Import Prices by Country

In 2022, the average ball import price amounted to $X per unit, with an increase of 2.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The pace of growth appeared the most rapid in 2014 an increase of 40% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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