Golf Balls Price in Finland - 2023
Contents:
- Golf Balls Price in Finland (CIF) - 2023
- Golf Balls Price in Finland (FOB) - 2022
- Golf Balls Imports in Finland
- Golf Balls Exports in Finland
Golf Balls Price in Finland (CIF) - 2023
The average golf balls import price stood at $4.1 per unit in July 2023, picking up by 6% against the previous month. Overall, the import price recorded a buoyant expansion. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 97% month-to-month. Over the period under review, average import prices attained the peak figure in July 2023.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($6.3 per unit), while the price for Sweden ($3.4 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+13.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Golf Balls Price in Finland (FOB) - 2022
The average golf balls export price stood at $2.1 per unit in 2022, declining by -69.1% against the previous year. In general, the export price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2019 when the average export price increased by 336% against the previous year. As a result, the export price attained the peak level of $13 per unit. From 2020 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($84 per unit), while the average price for exports to Singapore ($33 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 Austria (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.
Golf Balls Imports in Finland
In 2022, after two years of decline, there was significant growth in overseas purchases of golf ballses, when their volume increased by 50% to 4.1M units. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +14.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, golf balls imports declined slightly to $3.8M in 2022. The total import value increased at an average annual rate of +4.1% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 18% against the previous year. As a result, imports attained the peak of $3.9M, and then fell in the following year.
| Import of Golf Balls in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 803 | 888 | 1,050 | 1,430 | 21.2% |
| China | 554 | 371 | 1,343 | 678 | 7.0% |
| Taiwan (Chinese) | 376 | 419 | 493 | 225 | -15.7% |
| Indonesia | 130 | 417 | 490 | 174 | 10.2% |
| United States | 198 | 99.1 | 119 | 106 | -18.8% |
| Sweden | 68.6 | 113 | 168 | 91.9 | 10.2% |
| Japan | 207 | 282 | 70.1 | 52.5 | -36.7% |
| United Kingdom | 1,013 | 677 | 117 | 21.1 | -72.5% |
| Others | 19.4 | 18.9 | 22.6 | 1,024 | 275.1% |
| Total | 3,369 | 3,285 | 3,873 | 3,802 | 4.1% |
Top Suppliers of Golf Balls to Finland in 2022:
- Netherlands (124.3K units)
- Taiwan (Chinese) (23.6K units)
- China (20.8K units)
- Indonesia (10.7K units)
- United States (8.5K units)
- Sweden (8.2K units)
- Japan (2.0K units)
- United Kingdom (0.9K units)
Golf Balls Exports in Finland
Golf balls exports from Finland surged to 8.5K units in 2022, growing by 897% compared with the previous year. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, golf balls exports soared to $18K in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. Over the period under review, the exports attained the peak figure at $19K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Golf Balls in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | N/A | N/A | N/A | 6.7 | 0% |
| United Kingdom | 0.6 | N/A | 1.5 | 5.7 | 111.8% |
| Sweden | 7.6 | 0.3 | 0.9 | 3.1 | -25.8% |
| Australia | 0.1 | 0.2 | 0.2 | 0.8 | 100.0% |
| Norway | 2.7 | N/A | 0.5 | 0.5 | -43.0% |
| France | 0.2 | N/A | N/A | 0.4 | 26.0% |
| Singapore | 0.5 | N/A | N/A | 0.2 | -26.3% |
| Russia | 3.8 | 0.7 | N/A | 0.2 | -62.5% |
| Ecuador | N/A | N/A | 0.1 | N/A | 0% |
| Japan | 1.5 | 1.1 | 0.6 | N/A | -36.8% |
| Others | 1.5 | 1.9 | 1.9 | 0.5 | -30.7% |
| Total | 18.6 | 4.3 | 5.9 | 18.2 | -0.7% |
Top Export Markets for Golf Balls from Finland in 2022:
- United Kingdom (94.0 units)
- Austria (79.0 units)
- Sweden (45.0 units)
- Australia (15.0 units)
- Norway (12.0 units)
- Singapore (6.0 units)
- Russia (6.0 units)
- France (5.0 units)
- Japan (1.0 units)
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