Golf Balls Price in Spain - 2023
Contents:
- Golf Balls Price in Spain (CIF) - 2022
- Golf Balls Price in Spain (FOB) - 2022
- Golf Balls Imports in Spain
- Golf Balls Exports in Spain
Golf Balls Price in Spain (CIF) - 2022
The average golf balls import price stood at $0.2 per unit in 2022, shrinking by -86.5% against the previous year. Over the period under review, the import price continues to indicate a dramatic decrease. The most prominent rate of growth was recorded in 2018 when the average import price increased by 168%. The import price peaked at $2 per unit in 2012; however, from 2013 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 the Netherlands ($42 per unit), while the price for South Korea ($4.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Golf Balls Price in Spain (FOB) - 2022
In 2022, the average golf balls export price amounted to $0.7 per unit, rising by 21% against the previous year. In general, the export price, however, showed a abrupt descent. The export price peaked at $1.5 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
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 Germany ($12 per unit), while the average price for exports to Canada ($4.5 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 United States (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.
Golf Balls Imports in Spain
Golf balls imports into Spain soared to 51M units in 2022, growing by 762% on the year before. In general, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, golf balls imports soared to $8.3M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +15.5% 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 +70.1% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 46% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Import of Golf Balls in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 1,203 | 1,193 | 2,073 | 2,970 | 35.2% |
| Taiwan (Chinese) | 562 | 1,313 | 1,995 | 1,507 | 38.9% |
| China | 402 | 486 | 659 | 1,250 | 46.0% |
| Germany | 36.0 | 22.9 | 935 | 1,194 | 221.3% |
| Italy | 119 | 89.7 | 164 | 395 | 49.2% |
| United States | 517 | 198 | 313 | 273 | -19.2% |
| France | 107 | 42.8 | 102 | 145 | 10.7% |
| South Korea | 0.9 | 24.6 | 111 | 96.2 | 374.6% |
| United Kingdom | 2,275 | 1,238 | 65.9 | 55.3 | -71.0% |
| Others | 193 | 301 | 736 | 462 | 33.8% |
| Total | 5,414 | 4,908 | 7,155 | 8,348 | 15.5% |
Top Suppliers of Golf Balls to Spain in 2022:
- United States (undefinedM units)
- Italy (undefinedM units)
- France (undefinedM units)
- United Kingdom (undefinedM units)
- South Korea (undefinedM units)
- China (0.2M units)
- Netherlands (0.1M units)
- Taiwan (Chinese) (0.1M units)
- Germany (0.1M units)
Golf Balls Exports in Spain
In 2022, after three years of growth, there was significant decline in shipments abroad of golf ballses, when their volume decreased by -24.8% to 8.8M units. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +6.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +19.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 47%. As a result, the exports attained the peak of 12M units, and then dropped significantly in the following year.
In value terms, golf balls exports contracted to $5.8M in 2022. Overall, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 66%. As a result, the exports attained the peak of $6.4M, and then contracted in the following year.
| Export of Golf Balls in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 252 | 783 | 785 | 1,567 | 83.9% |
| United States | 1,596 | 667 | 1,040 | 1,134 | -10.8% |
| France | 258 | 919 | 1,638 | 1,115 | 62.9% |
| Germany | 38.1 | 196 | 580 | 469 | 130.9% |
| Netherlands | 43.1 | 4.4 | 98.8 | 223 | 73.0% |
| Canada | 515 | 517 | 875 | 204 | -26.6% |
| Portugal | 134 | 118 | 185 | 152 | 4.3% |
| Italy | 67.6 | 203 | 230 | 142 | 28.1% |
| Others | 213 | 438 | 956 | 799 | 55.4% |
| Total | 3,116 | 3,846 | 6,388 | 5,806 | 23.1% |
Top Export Markets for Golf Balls from Spain in 2022:
- United Kingdom (188.8K units)
- United States (116.3K units)
- France (96.8K units)
- Canada (45.1K units)
- Germany (39.6K units)
- Portugal (22.6K units)
- Netherlands (19.8K units)
- Italy (17.0K units)
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