Golf Balls Price in Germany - 2023
Contents:
- Golf Balls Price in Germany (CIF) - 2023
- Golf Balls Price in Germany (FOB) - 2022
- Golf Balls Imports in Germany
- Golf Balls Exports in Germany
Golf Balls Price in Germany (CIF) - 2023
In July 2023, the average golf balls import price amounted to $2.8 per unit, rising by 2.8% against the previous month. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in December 2022 when the average import price increased by 36% m-o-m. Over the period under review, average import prices hit record highs at $3.4 per unit in February 2023; however, from March 2023 to July 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the Netherlands ($5.3 per unit), while the price for the United Arab Emirates ($103 per thousand units) 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 (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Golf Balls Price in Germany (FOB) - 2022
The average golf balls export price stood at $1.8 per unit in 2022, jumping by 20% against the previous year. In general, the export price, however, continues to indicate a pronounced slump. The export price peaked at $3 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($35 per unit), while the average price for exports to Poland ($16 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 Denmark (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.
Golf Balls Imports in Germany
In 2022, approx. 34M units of golf ballses were imported into Germany; increasing by 22% against the previous year. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +15.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +96.0% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 61%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, golf balls imports reached $49M in 2022. In general, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 76% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the immediate term.
| Import of Golf Balls in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 11.3 | 12.7 | 28.0 | 29.5 | 37.7% |
| United States | 5.0 | 4.8 | 9.3 | 10.5 | 28.1% |
| China | 1.8 | 1.6 | 1.6 | 2.3 | 8.5% |
| Vietnam | N/A | N/A | 0.4 | 1.8 | 350.0% |
| Netherlands | 0.4 | 0.3 | 2.2 | 1.3 | 48.1% |
| Sweden | 3.2 | 3.2 | 2.3 | 1.3 | -25.9% |
| United Kingdom | 2.5 | 2.5 | 0.8 | 0.5 | -41.5% |
| Others | 0.9 | 1.3 | 2.1 | 1.4 | 15.9% |
| Total | 25.2 | 26.5 | 46.6 | 48.6 | 24.5% |
Top Suppliers of Golf Balls to Germany in 2022:
- United Kingdom (undefinedM units)
- Taiwan (Chinese) (1.4M units)
- United States (0.3M units)
- China (0.2M units)
- Netherlands (0.1M units)
- Sweden (0.1M units)
- Vietnam (0.1M units)
Golf Balls Exports in Germany
In 2022, approx. 9.3M units of golf ballses were exported from Germany; waning by -8.9% compared with the previous year's figure. Over the period under review, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 215%. As a result, the exports reached the peak of 10M units, and then reduced in the following year.
In value terms, golf balls exports expanded markedly to $16M in 2022. Overall, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 193% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Golf Balls in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 63.9 | 55.8 | 2,590 | 2,548 | 241.6% |
| United States | 3,781 | 3,355 | 1,829 | 2,353 | -14.6% |
| France | 68.0 | 49.5 | 1,400 | 1,551 | 183.6% |
| Netherlands | 82.2 | 108 | 1,485 | 1,539 | 165.5% |
| Spain | 37.4 | 40.2 | 775 | 1,088 | 207.6% |
| Italy | 83.7 | 81.6 | 833 | 1,045 | 132.0% |
| Austria | 294 | 423 | 996 | 1,039 | 52.3% |
| Ireland | 10.7 | 11.2 | 735 | 865 | 332.4% |
| Belgium | 23.5 | 52.8 | 602 | 658 | 203.7% |
| Finland | 27.3 | 10.6 | 885 | 596 | 179.5% |
| Denmark | 35.5 | 21.3 | 521 | 508 | 142.8% |
| Czech Republic | 38.3 | 107 | 284 | 361 | 111.2% |
| Poland | 17.9 | 21.7 | 239 | 269 | 146.8% |
| Others | 902 | 792 | 1,855 | 2,030 | 31.0% |
| Total | 5,465 | 5,130 | 15,029 | 16,450 | 44.4% |
Top Export Markets for Golf Balls from Germany in 2022:
- Sweden (109.4K units)
- United States (67.5K units)
- France (61.0K units)
- Netherlands (56.8K units)
- Austria (47.0K units)
- Italy (44.7K units)
- Spain (43.4K units)
- Ireland (33.9K units)
- Belgium (30.5K units)
- Finland (24.9K units)
- Denmark (21.3K units)
- Poland (17.3K units)
- Czech Republic (15.3K units)
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