Golf Balls Price in Norway - 2023

Contents:

1. Golf Balls Price in Norway (CIF) - 2023
2. Golf Balls Price in Norway (FOB) - 2022
3. Golf Balls Imports in Norway
4. Golf Balls Exports in Norway

Golf Balls Price in Norway (CIF) - 2023

In August 2023, the average golf balls import price amounted to $2.9 per unit, rising by 6.4% against the previous month. Overall, the import price showed temperate growth. The pace of growth was the most pronounced in October 2022 an increase of 77% against the previous month. The import price peaked at $7.4 per unit in December 2022; however, from January 2023 to August 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($16.2 per unit), while the price for Taiwan (Chinese) ($1.7 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the United States (+14.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Golf Balls Price in Norway (FOB) - 2022

In 2022, the average golf balls export price amounted to $1.4 per unit, with a decrease of -89.4% against the previous year. Overall, the export price continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2021 when the average export price increased by 166%. As a result, the export price reached the peak level of $13 per unit, and then dropped remarkably in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($26 per unit), while the average price for exports to Austria ($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 Sweden (+3.1%).

Golf Balls Imports in Norway

In 2022, supplies from abroad of golf ballses decreased by -3.1% to 2.2M units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 52%. As a result, imports reached the peak of 2.3M units, and then contracted in the following year.

In value terms, golf balls imports declined to $5.3M in 2022. In general, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 57% against the previous year. Over the period under review, imports attained the maximum at $5.5M in 2021, and then dropped slightly in the following year.

Top Suppliers of Golf Balls to Norway in 2022:

1. United States (47.8K units)
2. China (43.8K units)
3. Taiwan (Chinese) (29.2K units)
4. United Kingdom (18.5K units)
5. Indonesia (16.2K units)
6. Thailand (14.8K units)
7. Japan (8.7K units)
8. Denmark (5.3K units)

Golf Balls Exports in Norway

Golf balls exports from Norway skyrocketed to 56K units in 2022, growing by 646% on 2021 figures. In general, exports recorded 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 declined rapidly to $80K in 2022. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,160% against the previous year. As a result, the exports attained the peak of $101K, and then shrank remarkably in the following year.

Top Export Markets for Golf Balls from Norway in 2022:

1. Spain (undefinedK units)
2. Sweden (2.2K units)
3. Austria (0.4K units)
4. Denmark (0.1K units)

Source: IndexBox Market Intelligence Platform