Golf Balls Price in Sri Lanka - 2021
Contents:
- Golf Balls Price in Sri Lanka (CIF) - 2022
- Golf Balls Price in Sri Lanka (FOB) - 2022
- Golf Balls Imports in Sri Lanka
- Golf Balls Exports in Sri Lanka
Golf Balls Price in Sri Lanka (CIF) - 2022
The average golf balls import price stood at $0.5 per unit in 2022, growing by 79% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by 207%. Over the period under review, average import prices reached the maximum at $2.4 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Japan ($18 per unit) and Hong Kong SAR ($17 per unit), while the price for Singapore ($16 per unit) and Australia ($16 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Golf Balls Price in Sri Lanka (FOB) - 2022
In 2022, the average golf balls export price amounted to $3 per unit, growing by 22% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2013 an increase of 183%. As a result, the export price reached the peak level of $17 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Ukraine.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +5.0% per year.
Golf Balls Imports in Sri Lanka
In 2022, purchases abroad of golf ballses decreased by -66.7% to 23K units, falling for the second consecutive year after two years of growth. Overall, imports showed a sharp setback. The most prominent rate of growth was recorded in 2020 when imports increased by 104% against the previous year. As a result, imports reached the peak of 162K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, golf balls imports declined rapidly to $11K in 2022. In general, imports showed a dramatic curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 96%. As a result, imports reached the peak of $46K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Golf Balls in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 0.2 | 0.1 | 1.1 | 4.0 | 171.4% |
| Indonesia | 2.5 | 2.3 | 0.5 | 3.5 | 11.9% |
| India | 3.9 | 2.8 | 3.2 | 1.9 | -21.3% |
| China | 6.0 | 1.5 | 3.1 | 0.6 | -53.6% |
| United Arab Emirates | 0.7 | 0.2 | 0.1 | 0.5 | -10.6% |
| Hong Kong SAR | 0.2 | 0.1 | 0.1 | 0.3 | 14.5% |
| Australia | 0.9 | 0.5 | 0.4 | 0.1 | -51.9% |
| Thailand | 1.2 | 0.8 | 1.2 | N/A | 0.0% |
| South Korea | 1.6 | 0.9 | 0.9 | N/A | -25.0% |
| Japan | 1.6 | 0.5 | 0.3 | N/A | -56.7% |
| Switzerland | 1.4 | N/A | N/A | N/A | 0% |
| Singapore | 1.6 | 0.2 | N/A | N/A | -87.5% |
| Taiwan (Chinese) | 1.0 | 0.6 | 0.5 | N/A | -29.3% |
| Others | 0.8 | 35.5 | 7.5 | 0.3 | -27.9% |
| Total | 23.5 | 46.1 | 18.8 | 11.2 | -21.9% |
Top Suppliers of Golf Balls to Sri Lanka in 2022:
- Australia (undefinedK units)
- Singapore (undefinedK units)
- United Arab Emirates (undefinedK units)
- China (undefinedK units)
- Japan (undefinedK units)
- Hong Kong SAR (undefinedK units)
- Pakistan (0.2K units)
- Indonesia (0.2K units)
- India (0.1K units)
Golf Balls Exports in Sri Lanka
For the third consecutive year, Sri Lanka recorded decline in shipments abroad of golf ballses, which decreased by -80.6% to 68 units in 2022. Overall, exports faced a precipitous shrinkage. The smallest decline of -70% was in 2020. Over the period under review, the exports reached the maximum at 8.4K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, golf balls exports dropped sharply to $201 in 2022. Over the period under review, exports continue to indicate a dramatic setback. The smallest decline of -65.4% was in 2020. The exports peaked at $10K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Golf Balls in Sri Lanka (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | N/A | N/A | 89.0 | 201 | 125.8% |
| Costa Rica | N/A | N/A | 34.0 | N/A | 0% |
| India | 1,040 | 2,681 | 620 | N/A | -22.8% |
| United Arab Emirates | 82.0 | 551 | 73.0 | N/A | -5.6% |
| Others | 9,116 | 314 | 31.0 | N/A | -94.2% |
| Total | 10,238 | 3,546 | 847 | 201 | -73.0% |
Top Export Markets for Golf Balls from Sri Lanka in 2022:
- Ukraine (11.0 units)
394
This report provides an in-depth analysis of the golf equipment market in Sri Lanka.
212
This report provides an in-depth analysis of the market for skis and its equipment and skates in Sri Lanka.
213
This report provides an in-depth analysis of the water-skis and surfboards market in Sri Lanka.
297
This report provides an in-depth analysis of the market for tennis and badminton rackets in Sri Lanka.
369
This report provides an in-depth analysis of the skis market in Sri Lanka.
282
This report provides an in-depth analysis of the skates market in Sri Lanka.
314
This report provides an in-depth analysis of the ball market in Sri Lanka.
287
This report provides an in-depth analysis of the table-tennis equipment market in Sri Lanka.
1741
This report provides an in-depth analysis of the market for gym and fitness equipment in Sri Lanka.
1449
This report provides an in-depth analysis of the global golf equipment market.
437
Golf is a popular sport that attracts enthusiasts from around the globe. The demand for golf equipment has skyrocketed, leading to an increase in the import market. The United States, Japan, Hong Kong SAR, South Korea, Mexico, the United Kingdom, China, Canada, the Netherlands, and Germany are the world's top import markets for golf equipment. The IndexBox market intelligence platform offers valuable data and insights into these markets.
1072
In 2016, the global imports of golf equipment amounted to X tons, picking up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the ...
873
In 2016, the global imports of golf equipment amounted to X tons, picking up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the ...
477
Explore the top import markets for gym and fitness equipment with key statistics and data. Learn about the leading countries in terms of import value and the opportunities they offer for manufacturers.
437
Golf is a popular sport that attracts enthusiasts from around the globe. The demand for golf equipment has skyrocketed, leading to an increase in the import market. The United States, Japan, Hong Kong SAR, South Korea, Mexico, the United Kingdom, China, Canada, the Netherlands, and Germany are the world's top import markets for golf equipment. The IndexBox market intelligence platform offers valuable data and insights into these markets.
1072
In 2016, the global imports of golf equipment amounted to X tons, picking up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the ...
873
In 2016, the global imports of golf equipment amounted to X tons, picking up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the ...
477
Explore the top import markets for gym and fitness equipment with key statistics and data. Learn about the leading countries in terms of import value and the opportunities they offer for manufacturers.
