Golf Balls Price in Belgium - 2023
Contents:
- Golf Balls Price in Belgium (CIF) - 2022
- Golf Balls Price in Belgium (FOB) - 2023
- Golf Balls Imports in Belgium
- Golf Balls Exports in Belgium
Golf Balls Price in Belgium (CIF) - 2022
In 2022, the average golf balls import price amounted to $0.8 per unit, waning by -44.3% against the previous year. Overall, the import price showed a abrupt slump. The most prominent rate of growth was recorded in 2017 an increase of 87%. Over the period under review, average import prices attained the peak figure at $2.6 per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($35 per unit), while the price for Taiwan (Chinese) ($11 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Golf Balls Price in Belgium (FOB) - 2023
In July 2023, the average golf balls export price amounted to $3.2 per unit, increasing by 142% against the previous month. In general, the export price enjoyed a strong increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($8.7 per unit), while the average price for exports to the Netherlands ($1.9 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+15.3%), while the prices for the other major destinations experienced more modest paces of growth.
Golf Balls Imports in Belgium
In 2022, imports of golf ballses into Belgium skyrocketed to 1.8M units, growing by 63% against 2021 figures. Over the period under review, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 317%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, golf balls imports dropped to $1.5M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +11.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 42% against the previous year. Imports peaked at $1.6M in 2021, and then fell in the following year.
| Import of Golf Balls in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 216 | 323 | 238 | 240 | 3.6% |
| France | 110 | 213 | 245 | 129 | 5.5% |
| Netherlands | 81.6 | 144 | 94.3 | 91.8 | 4.0% |
| United States | 20.6 | 26.4 | 313 | 87.6 | 62.0% |
| China | 440 | 385 | 377 | 71.7 | -45.4% |
| Germany | 14.5 | 57.7 | 110 | 66.5 | 66.1% |
| India | 16.0 | N/A | 45.3 | 28.4 | 21.1% |
| Spain | 2.8 | 67.7 | 111 | 21.8 | 98.2% |
| United Kingdom | 79.8 | 191 | 40.3 | 11.3 | -47.9% |
| Indonesia | 32.7 | 54.0 | 8.9 | 2.0 | -60.6% |
| Others | 48.7 | 52.3 | 61.0 | 740 | 147.7% |
| Total | 1,063 | 1,514 | 1,644 | 1,490 | 11.9% |
Top Suppliers of Golf Balls to Belgium in 2022:
- Taiwan (Chinese) (21.4K units)
- United States (7.5K units)
- France (6.5K units)
- China (3.6K units)
- Netherlands (2.6K units)
- India (2.5K units)
- Germany (1.9K units)
- Spain (1.7K units)
- United Kingdom (0.4K units)
- Indonesia (0.1K units)
Golf Balls Exports in Belgium
Golf balls exports from Belgium surged to 1.6M units in 2022, growing by 231% on the year before. Overall, exports saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 1,207% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in years to come.
In value terms, golf balls exports rose remarkably to $1.2M in 2022. In general, exports recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 541% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Golf Balls in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 3.1 | 136 | 203 | 44.0 | 142.1% |
| Netherlands | 91.8 | 527 | 672 | 7.8 | -56.0% |
| Luxembourg | 9.2 | 47.5 | 58.9 | 6.0 | -13.3% |
| France | 3.0 | 25.1 | 11.1 | 5.9 | 25.3% |
| Spain | 1.4 | 12.8 | 2.9 | 4.7 | 49.7% |
| Austria | 1.3 | 1.8 | 6.5 | 2.4 | 22.7% |
| Norway | N/A | 0.1 | N/A | 1.8 | 324.3% |
| Switzerland | 2.6 | 16.9 | 110 | 0.3 | -51.3% |
| Others | 16.2 | 58.0 | 36.0 | 1,122 | 310.7% |
| Total | 129 | 825 | 1,100 | 1,195 | 110.0% |
Top Export Markets for Golf Balls from Belgium in 2022:
- United Kingdom (3.8K units)
- France (0.7K units)
- Netherlands (0.6K units)
- Luxembourg (0.5K units)
- Spain (0.5K units)
- Austria (0.1K units)
- Switzerland (0.1K units)
- Norway (0.1K units)
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