Golf Balls Price in Colombia - 2022
Contents:
- Golf Balls Price in Colombia (CIF) - 2022
- Golf Balls Price in Colombia (FOB) - 2022
- Golf Balls Imports in Colombia
- Golf Balls Exports in Colombia
Golf Balls Price in Colombia (CIF) - 2022
The average golf balls import price stood at $0.8 per unit in 2022, shrinking by -34.4% against the previous year. Overall, the import price recorded a noticeable decline. The most prominent rate of growth was recorded in 2020 when the average import price increased by 62%. The import price peaked at $1.3 per unit in 2021, and then reduced dramatically 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 the United States ($15 per unit), while the price for Peru ($0.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (-0.1%), while the prices for the other major suppliers experienced a decline.
Golf Balls Price in Colombia (FOB) - 2022
In 2022, the average golf balls export price amounted to $3.5 per unit, picking up by 8.4% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 99% against the previous year. The export price peaked at $3.9 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Aruba ($10 per unit), while the average price for exports to the United States ($0.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Aruba (+25.9%), while the prices for the other major destinations experienced more modest paces of growth.
Golf Balls Imports in Colombia
In 2022, approx. 405K units of golf ballses were imported into Colombia; surging by 79% against 2021 figures. Overall, imports, however, showed a deep contraction. The growth pace was the most rapid in 2021 when imports increased by 132% against the previous year. Imports peaked at 530K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, golf balls imports soared to $341K in 2022. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 192%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.
| Import of Golf Balls in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 169 | 53.4 | 90.3 | 72.4 | -24.6% |
| Canada | 44.6 | 38.3 | 35.2 | 36.8 | -6.2% |
| Taiwan (Chinese) | 68.1 | 12.7 | 27.6 | 24.2 | -29.2% |
| China | 27.0 | 7.5 | 9.7 | 6.5 | -37.8% |
| Panama | 3.0 | 9.4 | 7.2 | 6.3 | 28.1% |
| Japan | 7.9 | 4.8 | 0.5 | 2.5 | -31.9% |
| Indonesia | 2.7 | 2.3 | 2.6 | 2.3 | -5.2% |
| Guatemala | 2.2 | 1.2 | 0.5 | 0.5 | -39.0% |
| Others | 9.4 | -30.4 | 116 | 189 | 171.9% |
| Total | 334 | 99.2 | 290 | 341 | 0.7% |
Top Suppliers of Golf Balls to Colombia in 2022:
- United States (4.8K units)
- Canada (4.3K units)
- Taiwan (Chinese) (2.2K units)
- China (1.8K units)
- Panama (0.6K units)
- Indonesia (0.3K units)
- Japan (0.3K units)
- Guatemala (0.2K units)
Golf Balls Exports in Colombia
In 2022, shipments abroad of golf ballses increased by 446% to 393 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a dramatic shrinkage. Over the period under review, the exports hit record highs at 1.1K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, golf balls exports skyrocketed to $1.4K in 2022. In general, exports, however, saw a abrupt downturn. The exports peaked at $1.7K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Golf Balls in Colombia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | 1,492 | 808 | 186 | 481 | -31.4% |
| Dominican Republic | 5.0 | 7.0 | 3.0 | 43.0 | 104.9% |
| Aruba | 54.0 | 51.0 | 2.0 | 20.0 | -28.2% |
| Guatemala | 47.0 | 38.0 | 18.0 | 14.0 | -33.2% |
| Mexico | 54.0 | 25.0 | 5.0 | 10.0 | -43.0% |
| Costa Rica | 13.0 | 13.0 | 1.0 | 9.0 | -11.5% |
| Venezuela | 19.0 | 10.0 | 2.0 | 6.0 | -31.9% |
| United States | 2.0 | 1.0 | 1.0 | 1.0 | -20.6% |
| Others | 47.0 | 31.0 | 17.0 | 807 | 158.0% |
| Total | 1,733 | 984 | 235 | 1,391 | -7.1% |
Top Export Markets for Golf Balls from Colombia in 2022:
- Panama (54.0 units)
- Dominican Republic (7.0 units)
- Costa Rica (3.0 units)
- United States (2.0 units)
- Aruba (2.0 units)
- Mexico (1.0 units)
- Guatemala (1.0 units)
- Venezuela (1.0 units)
506
This report provides an in-depth analysis of the golf equipment market in Colombia.
379
This report provides an in-depth analysis of the market for skis and its equipment and skates in Colombia.
340
This report provides an in-depth analysis of the water-skis and surfboards market in Colombia.
315
This report provides an in-depth analysis of the market for tennis and badminton rackets in Colombia.
474
This report provides an in-depth analysis of the skis market in Colombia.
353
This report provides an in-depth analysis of the ski accessoires market in Colombia.
350
This report provides an in-depth analysis of the skates market in Colombia.
317
This report provides an in-depth analysis of the ball market in Colombia.
474
This report provides an in-depth analysis of the table-tennis equipment market in Colombia.
714
This report provides an in-depth analysis of the market for gym and fitness equipment in Colombia.
450
Golf is a popular sport that attracts enthusiasts from around the globe. The demand for golf equipment has skyrocketed, leading to an increase in the import market. The United States, Japan, Hong Kong SAR, South Korea, Mexico, the United Kingdom, China, Canada, the Netherlands, and Germany are the world's top import markets for golf equipment. The IndexBox market intelligence platform offers valuable data and insights into these markets.
1084
In 2016, the global imports of golf equipment amounted to X tons, picking up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the ...
883
In 2016, the global imports of golf equipment amounted to X tons, picking up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the ...
63
Explore the top import markets for balls in 2023 and discover the key players in the global industry. From the United States to Germany, these countries drive the demand for high-quality balls.
567
Explore the top import markets for gym and fitness equipment with key statistics and data. Learn about the leading countries in terms of import value and the opportunities they offer for manufacturers.
450
Golf is a popular sport that attracts enthusiasts from around the globe. The demand for golf equipment has skyrocketed, leading to an increase in the import market. The United States, Japan, Hong Kong SAR, South Korea, Mexico, the United Kingdom, China, Canada, the Netherlands, and Germany are the world's top import markets for golf equipment. The IndexBox market intelligence platform offers valuable data and insights into these markets.
1084
In 2016, the global imports of golf equipment amounted to X tons, picking up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the ...
883
In 2016, the global imports of golf equipment amounted to X tons, picking up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the ...
63
Explore the top import markets for balls in 2023 and discover the key players in the global industry. From the United States to Germany, these countries drive the demand for high-quality balls.
567
Explore the top import markets for gym and fitness equipment with key statistics and data. Learn about the leading countries in terms of import value and the opportunities they offer for manufacturers.
