Golf Balls Price in Italy - 2023

Contents:

  1. Golf Balls Price in Italy (CIF) - 2022
  2. Golf Balls Price in Italy (FOB) - 2022
  3. Golf Balls Imports in Italy
  4. Golf Balls Exports in Italy

Golf Balls Price in Italy (CIF) - 2022

The average golf balls import price stood at $1 per unit in 2022, falling by -22.7% against the previous year. In general, the import price showed a perceptible setback. The most prominent rate of growth was recorded in 2021 an increase of 46% against the previous year. Over the period under review, average import prices reached the peak figure at $1.7 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 France ($63 per unit), while the price for Taiwan (Chinese) ($3.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by North Macedonia (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Golf Balls Price in Italy (FOB) - 2022

The average golf balls export price stood at $1.6 per unit in 2022, dropping by -28.7% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 470% against the previous year. Over the period under review, the average export prices attained the maximum at $2.2 per unit in 2021, and then dropped sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($38 per unit), while the average price for exports to Brazil ($6.3 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 the Netherlands (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Golf Balls Imports in Italy

In 2022, approx. 1.9M units of golf ballses were imported into Italy; jumping by 34% compared with 2021. The total import volume increased at an average annual rate of +6.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, golf balls imports expanded modestly to $2M in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 9.8% against the previous year. Over the period under review, imports hit record highs at $2M in 2019; afterwards, it flattened through to 2022.

Import of Golf Balls in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany26618922946320.3%
France18312153045835.8%
Netherlands37282.83493982.3%
Pakistan12313627.021720.8%
China12640719321419.3%
Taiwan (Chinese)9.526.746.317.322.1%
TurkeyN/AN/A8.815.171.6%
United Kingdom78259311.811.7-75.4%
Others1762185532248.4%
Total2,0371,7731,9482,018-0.3%

Top Suppliers of Golf Balls to Italy in 2022:

  1. Netherlands (41.8K units)
  2. Germany (27.5K units)
  3. China (22.7K units)
  4. Pakistan (18.8K units)
  5. France (7.2K units)
  6. Taiwan (Chinese) (4.8K units)
  7. Turkey (2.3K units)
  8. United Kingdom (0.7K units)

Golf Balls Exports in Italy

In 2022, after two years of decline, there was significant growth in overseas shipments of golf ballses, when their volume increased by 15% to 277K units. In general, exports, however, showed a deep setback. The exports peaked at 464K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, golf balls exports shrank rapidly to $434K in 2022. Over the period under review, exports, however, recorded a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 5.4% against the previous year. Over the period under review, the exports reached the maximum at $587K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Golf Balls in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain186110153168-3.3%
France82.486.612712214.0%
BrazilN/AN/AN/A32.90%
Germany52.224.938.419.8-27.6%
Netherlands1.79.82.712.594.5%
Switzerland1.4N/A1.39.891.3%
AlbaniaN/AN/AN/A3.40%
Greece11819.06.33.1-70.3%
China8.8N/AN/AN/A0%
Guinea-BissauN/A86.0N/AN/A0%
MoroccoN/AN/A17.0N/A0%
Egypt18.9N/AN/AN/A0%
Malaysia7.0N/AN/AN/A0%
Others11116618362.6-17.4%
Total587502529434-9.6%

Top Export Markets for Golf Balls from Italy in 2022:

  1. Spain (5.8K units)
  2. Brazil (5.2K units)
  3. France (4.1K units)
  4. Germany (0.6K units)
  5. Switzerland (0.6K units)
  6. Albania (0.4K units)
  7. Netherlands (0.3K units)
  8. Greece (0.1K units)

Source: IndexBox Market Intelligence Platform

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Free Data: Golf balls - Italy