Southern Asia: Ball Market 2024

Ball Market Size in Southern Asia

The South Asian ball market contracted markedly to $X in 2022, which is down by X% against the previous year. In general, consumption saw a abrupt curtailment. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Ball Production in Southern Asia

In value terms, ball production shrank to $X in 2022 estimated in export price. Overall, production saw a abrupt decrease. The pace of growth appeared the most rapid in 2021 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Ball Exports

Exports in Southern Asia

In 2022, shipments abroad of balls increased by X% to X units, rising for the second consecutive year after two years of decline. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, ball exports soared to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, Pakistan (X units) was the key exporter of balls, generating X% of total exports. It was distantly followed by India (X units), making up a X% share of total exports.

Pakistan was also the fastest-growing in terms of the balls exports, with a CAGR of X% from 2012 to 2022. At the same time, India (X%) displayed positive paces of growth. From 2012 to 2022, the share of Pakistan increased by X percentage points.

In value terms, Pakistan ($X) remains the largest ball supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was held by India ($X), with a X% share of total exports.

In Pakistan, ball exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per unit, with an increase of X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Pakistan ($X per unit), while India amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (X%).

Ball Imports

Imports in Southern Asia

In 2022, ball imports in Southern Asia expanded modestly to X units, increasing by X% against 2021 figures. Overall, imports enjoyed a resilient expansion. The growth pace was the most rapid in 2017 with an increase of X%. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, ball imports reached $X in 2022. Total imports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, India (X units) was the major importer of balls, mixing up X% of total imports. It was distantly followed by Bangladesh (X units) and Sri Lanka (X units), together making up an X% share of total imports. The following importers - Nepal (X units) and Pakistan (X units) - each reached a X% share of total imports.

India was also the fastest-growing in terms of the balls imports, with a CAGR of X% from 2012 to 2022. At the same time, Nepal (X%), Bangladesh (X%) and Pakistan (X%) displayed positive paces of growth. Sri Lanka experienced a relatively flat trend pattern. India (X p.p.) significantly strengthened its position in terms of the total imports, while Pakistan, Sri Lanka and Bangladesh saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X), Bangladesh ($X) and Nepal ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for X% of total imports.

In terms of the main importing countries, Bangladesh, with a CAGR of X%, recorded 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

In 2022, the import price in Southern Asia amounted to $X per unit, standing approx. at the previous year. In general, the import price saw a deep contraction. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Bangladesh ($X per unit), while India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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