Global Globe Market 2022

Globe Market Size

The global globe market fell modestly to $X in 2021, remaining relatively unchanged against the previous year. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the global market failed to regain momentum.

Globe Production

In value terms, globe production amounted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. Global production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Globe Exports

Exports

After three years of decline, overseas shipments of globes increased by X% to X tons in 2021. The total export volume increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, globe exports soared to $X in 2021. The total export value increased at an average annual rate of +X% over the period from 2012 to 2021; 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.

Exports by Country

India represented the major exporting country with an export of about X tons, which amounted to X% of total exports. China (X tons) held an X% share (based on physical terms) of total exports, which put it in second place, followed by Italy (X%), Taiwan (Chinese) (X%) and the Netherlands (X%). Germany (X tons), Russia (X tons) and the United States (X tons) followed a long way behind the leaders.

Exports from India increased at an average annual rate of +X% from 2012 to 2021. At the same time, Russia (+X%), the Netherlands (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2012-2021. Italy experienced a relatively flat trend pattern. By contrast, Taiwan (Chinese) (-X%), China (-X%) and the United States (-X%) illustrated a downward trend over the same period. While the share of India (+X p.p.), Taiwan (Chinese) (+X p.p.), the Netherlands (+X p.p.) and Russia (less than X p.p.) increased significantly in terms of the global exports from 2012-2021, the share of Italy (less than X p.p.), the United States (less than X p.p.) and China (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest globe supplying countries worldwide were Italy ($X), India ($X) and China ($X), together comprising X% of global exports. These countries were followed by Taiwan (Chinese), the Netherlands, Germany, the United States and Russia, which together accounted for a further X, with a CAGR of +X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average globe export price stood at $X per ton in 2021, growing by less than X% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Germany ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+X%), while the other global leaders experienced more modest paces of growth.

Globe Imports

Imports

In 2021, approx. X tons of globes were imported worldwide; rising by X% compared with the previous year's figure. The total import volume increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, global imports reached the maximum in 2021 and are likely to see gradual growth in the near future.

In value terms, globe imports surged to $X in 2021. The total import value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Global imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

The United States was the largest importer of globes in the world, with the volume of imports resulting at X tons, which was near X% of total imports in 2021. France (X tons) took an X% share (based on physical terms) of total imports, which put it in second place, followed by the Netherlands (X%), the UK (X%) and Germany (less than X%). Canada (X tons), Italy (X tons), Japan (X tons), Spain (X tons), Poland (X tons), Belgium (X tons) and Australia (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to globe imports into the United States stood at +X%. At the same time, Poland (+X%), the Netherlands (+X%), France (+X%), Italy (+X%), Belgium (+X%), the UK (+X%), Germany (+X%) and Canada (+X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2012-2021. By contrast, Australia (-X%), Spain (-X%) and Japan (-X%) illustrated a downward trend over the same period. The United States (+X p.p.), France (+X p.p.) and the Netherlands (+X p.p.) significantly strengthened its position in terms of the global imports, while Spain and Japan saw its share reduced by less than X% and less than X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest globe importing markets worldwide were the United States ($X), France ($X) and Germany ($X), with a combined X% share of global imports. The UK, the Netherlands, Japan, Italy, Canada, Poland, Belgium, Spain and Australia lagged somewhat behind, together comprising a further X terms of the main importing countries, Poland, 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 global leaders experienced more modest paces of growth.

Import Prices by Country

The average globe import price stood at $X per ton in 2021, flattening at the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average import price increased by X% against the previous year. Global import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($X per ton), while the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+X%), while the other global leaders experienced more modest paces of growth.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :