Uzbekistan: Ball Market 2024

Ball Market Size in Uzbekistan

The Uzbek ball market surged to $X in 2022, increasing by 32% against the previous year. In general, the total consumption indicated mild growth from 2012 to 2022: its value 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. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in years to come.

Ball Production in Uzbekistan

In value terms, ball production rose notably to $X in 2022 estimated in export price. Overall, production, however, recorded a noticeable decline. The pace of growth was the most pronounced in 2020 with an increase of 77% against the previous year. Ball production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Ball Exports

Exports from Uzbekistan

In 2022, ball exports from Uzbekistan surged to X units, growing by 10,300% against the previous year. Over the period under review, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, ball exports surged to $X in 2022. In general, exports, however, showed a sharp decrease. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Russia (X units) was the main destination for ball exports from Uzbekistan, with a 94% share of total exports. Moreover, ball exports to Russia exceeded the volume sent to the second major destination, Tajikistan (X units), more than tenfold.

From 2017 to 2022, the average annual rate of growth in terms of volume to Russia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Tajikistan (+23.2% per year) and Kazakhstan (-36.5% per year).

In value terms, Russia ($X) emerged as the key foreign market for balls exports from Uzbekistan, comprising 64% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a 30% share of total exports.

From 2017 to 2022, the average annual growth rate of value to Russia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (-37.8% per year) and Tajikistan (+150.6% per year).

Export Prices by Country

The average ball export price stood at $X per unit in 2022, falling by -95.5% against the previous year. In general, the export price showed a precipitous contraction. The pace of growth was the most pronounced in 2021 an increase of 19%. The export price peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while the average price for exports to Russia ($X per unit) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (+102.4%).

Ball Imports

Imports into Uzbekistan

After two years of decline, supplies from abroad of balls increased by 124% to X units in 2022. Over the period under review, imports posted a significant increase. Imports peaked at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, ball imports skyrocketed to $X in 2022. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 158%. 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 supplier of ball to Uzbekistan, with a 82% share of total imports. Moreover, ball imports from China exceeded the figures recorded by the second-largest supplier, Pakistan (X units), sixfold.

From 2017 to 2022, the average annual rate of growth in terms of volume from China amounted to +40.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Pakistan (+38.6% per year) and Lithuania (+151.5% per year).

In value terms, China ($X) constituted the largest supplier of balls to Uzbekistan, comprising 62% of total imports. The second position in the ranking was taken by Pakistan ($X), with a 28% share of total imports.

From 2017 to 2022, the average annual rate of growth in terms of value from China amounted to +65.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Pakistan (+86.8% per year) and Lithuania (+158.2% per year).

Import Prices by Country

In 2022, the average ball import price amounted to $X per unit, with a decrease of -15.3% against the previous year. Over the period under review, import price indicated a resilient increase from 2017 to 2022: its price increased at an average annual rate of +5.6% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ball import price increased by +76.6% against 2018 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 34%. Over the period under review, average import prices attained the peak figure at $X per unit in 2021, and then reduced markedly in the following year.

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

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+34.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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