Golf Balls Price in Peru - 2021
Contents:
- Golf Balls Price in Peru (CIF) - 2022
- Golf Balls Price in Peru (FOB) - 2022
- Golf Balls Imports in Peru
- Golf Balls Exports in Peru
Golf Balls Price in Peru (CIF) - 2022
In 2022, the average golf balls import price amounted to $0.3 per unit, surging by 7.2% against the previous year. Over the period under review, the import price, however, recorded a noticeable decline. The most prominent rate of growth was recorded in 2016 when the average import price increased by 73% against the previous year. The import price peaked at $0.9 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat 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 Panama ($41 per unit), while the price for China ($5.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Golf Balls Price in Peru (FOB) - 2022
The average golf balls export price stood at $4.1 per unit in 2022, shrinking by -31.3% against the previous year. Overall, the export price saw a deep downturn. The growth pace was the most rapid in 2019 when the average export price increased by 94% against the previous year. Over the period under review, the average export prices reached the maximum at $15 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
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 Chile ($24 per unit), while the average price for exports to Colombia stood at $14 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+4.3%).
Golf Balls Imports in Peru
For the fourth year in a row, Peru recorded growth in purchases abroad of golf ballses, which increased by 253% to 756K units in 2022. Overall, imports recorded significant growth. 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 $263K in 2022. Over the period under review, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Golf Balls in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.0 | 13.2 | 2.9 | 8.2 | -6.4% |
| Pakistan | 10.7 | 5.7 | 1.7 | 4.7 | -24.0% |
| Panama | 7.5 | 4.2 | 1.3 | 3.7 | -21.0% |
| United States | 26.3 | 9.9 | 1.0 | 3.1 | -51.0% |
| Chile | 14.8 | 9.6 | 0.5 | 2.6 | -44.0% |
| India | 2.5 | 1.4 | 0.4 | 1.2 | -21.7% |
| Bangladesh | 1.9 | N/A | N/A | N/A | 0% |
| Others | 15.9 | 57.4 | 61.7 | 239 | 146.8% |
| Total | 89.7 | 101 | 69.4 | 263 | 43.1% |
Top Suppliers of Golf Balls to Peru in 2022:
- China (1.6K units)
- Pakistan (0.2K units)
- Panama (0.1K units)
- India (0.1K units)
- United States (0.1K units)
- Chile (0.1K units)
Golf Balls Exports in Peru
In 2022, overseas shipments of golf ballses decreased by -71.9% to 75 units, falling for the second consecutive year after two years of growth. In general, exports recorded a significant contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 205% against the previous year. As a result, the exports attained the peak of 1.2K units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, golf balls exports dropped remarkably to $305 in 2022. Over the period under review, exports continue to indicate a significant contraction. The pace of growth was the most pronounced in 2020 with an increase of 67% against the previous year. As a result, the exports reached the peak of $9.1K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Golf Balls in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 9.4 | 7.5 | 8.6 | 8.3 | -4.1% |
| Chile | 1.2 | 1.4 | 1.5 | 1.4 | 5.3% |
| Others | -5.1 | 0.1 | -8.6 | -9.4 | 22.6% |
| Total | 5.4 | 9.1 | 1.6 | 0.3 | -61.8% |
Top Export Markets for Golf Balls from Peru in 2022:
- Colombia (588.0 units)
- Chile (59.0 units)
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