Golf Balls Price in Ireland - 2023
Contents:
- Golf Balls Price in Ireland (CIF) - 2023
- Golf Balls Price in Ireland (FOB) - 2022
- Golf Balls Imports in Ireland
- Golf Balls Exports in Ireland
Golf Balls Price in Ireland (CIF) - 2023
In July 2023, the average golf balls import price amounted to $6.4 per unit, picking up by 39% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 51% month-to-month. Over the period under review, average import prices attained the maximum at $6.8 per unit in July 2022; however, from August 2022 to July 2023, import prices stood at a somewhat 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 Thailand ($12.4 per unit), while the price for the UK ($2.7 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 France (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Golf Balls Price in Ireland (FOB) - 2022
In 2022, the average golf balls export price amounted to $2.4 per unit, dropping by -65.9% against the previous year. In general, the export price showed a drastic downturn. The most prominent rate of growth was recorded in 2019 when the average export price increased by 1,540%. The export price peaked at $249 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($82 per unit), while the average price for exports to the United States ($26 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 Germany (+5.7%), while the prices for the other major destinations experienced mixed trend patterns.
Golf Balls Imports in Ireland
After two years of decline, supplies from abroad of golf ballses increased by 202% to 3.1M units in 2022. Overall, imports posted a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, golf balls imports surged to $7.4M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +18.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 22%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Golf Balls in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | N/A | N/A | N/A | 2,350 | 0% |
| China | 508 | 512 | N/A | 2,079 | 60.0% |
| United States | 129 | 122 | N/A | 1,419 | 122.4% |
| Taiwan (Chinese) | 171 | 363 | N/A | 832 | 69.5% |
| United Kingdom | 3,615 | 4,192 | N/A | 246 | -59.2% |
| India | N/A | 2.5 | N/A | 105 | 548.1% |
| Pakistan | 3.5 | 20.4 | N/A | 20.3 | 79.7% |
| Others | 5.6 | 67.9 | 6,424 | 365 | 302.4% |
| Total | 4,432 | 5,280 | 6,424 | 7,417 | 18.7% |
Top Suppliers of Golf Balls to Ireland in 2022:
- China (78.9K units)
- Taiwan (Chinese) (45.6K units)
- United States (27.5K units)
- Thailand (25.6K units)
- United Kingdom (13.2K units)
- India (10.1K units)
- Pakistan (3.2K units)
Golf Balls Exports in Ireland
In 2022, exports of golf ballses from Ireland soared to 27K units, with an increase of 86% on 2021 figures. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 6,058%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, golf balls exports reduced dramatically to $64K in 2022. Overall, exports enjoyed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 87% against the previous year. Over the period under review, the exports attained the peak figure at $101K in 2021, and then shrank notably in the following year.
| Export of Golf Balls in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 17.1 | 30.0 | N/A | 27.5 | 17.2% |
| United States | 4.0 | 6.8 | N/A | 14.4 | 53.3% |
| South Korea | 1.4 | 13.6 | N/A | 2.9 | 27.5% |
| Germany | 2.2 | N/A | N/A | 2.3 | 1.5% |
| Others | 6.4 | 7.9 | 101 | 17.4 | 39.6% |
| Total | 31.1 | 58.4 | 101 | 64.4 | 27.5% |
Top Export Markets for Golf Balls from Ireland in 2022:
- South Korea (undefinedK units)
- Germany (undefinedK units)
- United Kingdom (0.9K units)
- United States (0.5K units)
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