United Kingdom: Ball Market 2024

Ball Market Size in the UK

In 2022, the UK ball market increased by 16% to $X, rising for the third consecutive year after two years of decline. The market value increased at an average annual rate of +1.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Ball consumption peaked in 2022 and is expected to retain growth in years to come.

Ball Production in the UK

In value terms, ball production shrank to $X in 2022 estimated in export price. Overall, production showed a deep setback. The pace of growth was the most pronounced in 2018 with an increase of 13% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Ball Exports

Exports from the UK

In 2022, shipments abroad of balls increased by 93% to X units for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports recorded a notable expansion. Over the period under review, the exports attained the peak figure at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, ball exports soared to $X in 2022. Overall, total exports indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

The Netherlands (X units), Ireland (X units) and Macao SAR (X units) were the main destinations of ball exports from the UK, together comprising 55% of total exports.

From 2012 to 2022, the biggest increases were recorded for Macao SAR (with a CAGR of +105.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Ireland ($X) and Macao SAR ($X) constituted the largest markets for ball exported from the UK worldwide, together comprising 55% of total exports.

Macao SAR, with a CAGR of +104.0%, saw the highest rates of growth with regard to the value of exports, among 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, which is down by -20.4% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 23%. Over the period under review, the average export prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were South Africa ($X per unit) and Saudi Arabia ($X per unit), while the average price for exports to Ireland ($X per unit) and Belgium ($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 Hong Kong SAR (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.

Ball Imports

Imports into the UK

In 2022, purchases abroad of balls increased by 19% to X units, rising for the third consecutive year after two years of decline. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 45%. As a result, imports attained the peak of X units. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, ball imports soared to $X in 2022. The total import value increased at an average annual rate of +3.5% over the period 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 2014 with an increase of 38%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X units) constituted the largest ball supplier to the UK, with a 43% share of total imports. Moreover, ball imports from China exceeded the figures recorded by the second-largest supplier, Pakistan (X units), threefold. The third position in this ranking was held by Thailand (X units), with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Pakistan (+5.3% per year) and Thailand (+10.7% per year).

In value terms, China ($X) constituted the largest supplier of balls to the UK, comprising 44% of total imports. The second position in the ranking was taken by Pakistan ($X), with a 20% share of total imports. It was followed by India, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +3.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Pakistan (+10.8% per year) and India (+2.2% per year).

Import Prices by Country

The average ball import price stood at $X per unit in 2022, increasing by 9.3% against the previous year. Overall, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ball import price increased by +21.0% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 52% against the previous year. The import price peaked at $X per unit in 2015; however, from 2016 to 2022, import prices remained at a 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 Vietnam (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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