U.S.: Ball Market 2024

Ball Market Size in the U.S.

The U.S. ball market skyrocketed to $X in 2022, jumping by 56% 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 +3.6% from 2012 to 2022; 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 the U.S.

In 2022, shipments abroad of balls was finally on the rise to reach X units after two years of decline. Over the period under review, total exports indicated slight growth from 2012 to 2022: its volume increased at an average annual rate of +1.1% 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 2013 with an increase of 83% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, ball exports soared to $X in 2022. The total export value increased at an average annual rate of +1.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when exports increased by 30%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Canada (X units) was the main destination for ball exports from the United States, with a 54% share of total exports. Moreover, ball exports to Canada exceeded the volume sent to the second major destination, Mexico (X units), threefold. The UK (X units) ranked third in terms of total exports with a 3.1% share.

From 2012 to 2022, the average annual growth rate of volume to Canada totaled +5.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+10.5% per year) and the UK (+4.2% per year).

In value terms, Canada ($X) remains the key foreign market for balls exports from the United States, comprising 63% of total exports. The second position in the ranking was taken by Mexico ($X), with a 5.6% share of total exports. It was followed by Japan, with a 3.6% share.

From 2012 to 2022, the average annual growth rate of value to Canada stood at +5.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+0.8% per year) and Japan (-1.2% per year).

Export Prices by Country

In 2022, the average ball export price amounted to $X per unit, reducing by -1.5% 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 2021 when the average export price increased by 33% against the previous year. As a result, the export price attained the peak level of $X per unit, and then reduced modestly in the following year.

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 Japan ($X per unit), while the average price for exports to Italy ($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 the Dominican Republic (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.

Ball Imports

Imports into the U.S.

Ball imports into the United States surged to X units in 2022, rising by 31% against the previous year. The total import volume increased at an average annual rate of +2.4% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue 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 +3.8% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 the United States, with a 62% 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 taken by Vietnam (X units), with a 7.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+9.6% per year) and Vietnam (+26.6% per year).

In value terms, China ($X) constituted the largest supplier of balls to the United States, comprising 54% of total imports. The second position in the ranking was held by Vietnam ($X), with a 17% share of total imports. It was followed by Thailand, with a 9.8% share.

From 2012 to 2022, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+27.2% per year) and Thailand (+5.2% per year).

Import Prices by Country

In 2022, the average ball import price amounted to $X per unit, with an increase of 23% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Pakistan ($X per unit), while the price for the Philippines ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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