Golf Balls Price in Slovakia - 2023

Contents:

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

Golf Balls Price in Slovakia (CIF) - 2022

In 2022, the average golf balls import price amounted to $0.7 per unit, shrinking by -84.8% against the previous year. In general, the import price continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2015 when the average import price increased by 213% against the previous year. Over the period under review, average import prices attained the peak figure at $5.9 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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 Thailand ($76 per unit), while the price for Spain ($11 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Golf Balls Price in Slovakia (FOB) - 2022

In 2022, the average golf balls export price amounted to $1.6 per unit, with a decrease of -81.6% against the previous year. In general, the export price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 443% against the previous year. Over the period under review, the average export prices hit record highs at $9.5 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($53 per unit), while the average price for exports to Poland ($24 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 Hungary (+14.7%), while the prices for the other major destinations experienced more modest paces of growth.

Golf Balls Imports in Slovakia

For the fourth consecutive year, Slovakia recorded growth in overseas purchases of golf ballses, which increased by 579% to 478K units in 2022. In general, imports posted 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 rose to $349K in 2022. Over the period under review, imports showed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 160%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Golf Balls in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China22.313.093.210266.0%
ThailandN/A0.160.338.31857.0%
South Korea22.955.156.328.67.7%
United StatesN/A0.61.911.0328.2%
Italy0.20.80.46.6220.8%
Taiwan (Chinese)3.71.620.56.319.4%
Austria12.211.710.52.8-38.8%
Germany22.714.653.92.8-50.2%
United Kingdom21.612.65.42.4-51.9%
Poland11.45.318.30.1-79.4%
Others4.714.516.7148215.8%
Total12213033734942.0%

Top Suppliers of Golf Balls to Slovakia in 2022:

  1. Poland (undefinedK units)
  2. Germany (undefinedK units)
  3. China (4.5K units)
  4. South Korea (1.5K units)
  5. Taiwan (Chinese) (0.5K units)
  6. Thailand (0.5K units)
  7. Italy (0.3K units)
  8. United States (0.2K units)
  9. United Kingdom (0.1K units)
  10. Austria (0.1K units)

Golf Balls Exports in Slovakia

In 2022, after three years of growth, there was decline in shipments abroad of golf ballses, when their volume decreased by -0.2% to 27K units. In general, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 86%. The exports peaked at 27K units in 2021, and then shrank in the following year.

In value terms, golf balls exports reduced rapidly to $42K in 2022. Over the period under review, exports saw a sharp curtailment. The growth pace was the most rapid in 2020 when exports increased by 70% against the previous year. The exports peaked at $231K in 2021, and then declined notably in the following year.

Export of Golf Balls in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic34.743.810513.0-27.9%
Poland12.724.831.37.9-14.6%
Italy1.45.08.83.535.7%
Germany6.610.89.23.0-23.1%
Hungary3.810.818.71.7-23.5%
Bulgaria0.82.23.91.523.3%
Romania1.95.38.10.5-35.9%
France4.89.59.30.3-60.3%
Others16.028.336.911.0-11.7%
Total82.714123142.4-20.0%

Top Export Markets for Golf Balls from Slovakia in 2022:

  1. Romania (undefinedK units)
  2. France (undefinedK units)
  3. Hungary (undefinedK units)
  4. Bulgaria (undefinedK units)
  5. Czech Republic (0.5K units)
  6. Poland (0.3K units)
  7. Italy (0.1K units)
  8. Germany (0.1K units)

Source: IndexBox Market Intelligence Platform

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