Golf Balls Price in Turkey - 2023
Contents:
- Golf Balls Price in Turkey (CIF) - 2022
- Golf Balls Price in Turkey (FOB) - 2022
- Golf Balls Imports in Turkey
- Golf Balls Exports in Turkey
Golf Balls Price in Turkey (CIF) - 2022
The average golf balls import price stood at $1.7 per unit in 2022, with an increase of 45% against the previous year. In general, the import price enjoyed resilient growth. The most prominent rate of growth was recorded in 2021 an increase of 79% against the previous year. The import price peaked at $3.1 per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($46 per unit), while the price for China ($13 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Golf Balls Price in Turkey (FOB) - 2022
In 2022, the average golf balls export price amounted to $0.4 per unit, surging by 31% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 3,527%. As a result, the export price attained the peak level of $9.3 per unit. From 2020 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($18 per unit), while the average price for exports to Ukraine ($2.9 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 Tanzania (+88.3%), while the prices for the other major destinations experienced more modest paces of growth.
Golf Balls Imports in Turkey
In 2022, approx. 286K units of golf ballses were imported into Turkey; surging by 85% against 2021. Over the period under review, imports saw a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 264%. As a result, imports reached the peak of 352K units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, golf balls imports skyrocketed to $496K in 2022. In general, imports posted buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Golf Balls in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 153 | 63.5 | 36.2 | 143 | -2.2% |
| China | 62.9 | 90.4 | 16.9 | 108 | 19.7% |
| South Korea | 2.2 | 17.3 | 37.8 | 94.4 | 250.1% |
| Thailand | 24.2 | 28.0 | 25.4 | 70.6 | 42.9% |
| Taiwan (Chinese) | 22.3 | 18.0 | 56.4 | 35.9 | 17.2% |
| Indonesia | 12.9 | N/A | 0.1 | 29.7 | 32.0% |
| Japan | 2.9 | 9.3 | 2.1 | 8.8 | 44.8% |
| Others | 19.0 | 8.4 | 9.4 | 6.1 | -31.5% |
| Total | 299 | 235 | 184 | 496 | 18.4% |
Top Suppliers of Golf Balls to Turkey in 2022:
- China (8.0K units)
- United States (3.9K units)
- South Korea (2.7K units)
- Taiwan (Chinese) (1.5K units)
- Thailand (1.5K units)
- Indonesia (1.1K units)
- Japan (0.4K units)
Golf Balls Exports in Turkey
After three years of growth, shipments abroad of golf ballses decreased by -58.2% to 17K units in 2022. Overall, exports, however, continue to indicate a strong increase. The pace of growth was the most pronounced in 2020 when exports increased by 103% against the previous year. The exports peaked at 41K units in 2021, and then shrank remarkably in the following year.
In value terms, golf balls exports fell remarkably to $7.5K in 2022. Over the period under review, exports recorded a precipitous decline. The pace of growth appeared the most rapid in 2021 when exports increased by 61%. The exports peaked at $112K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Golf Balls in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | N/A | N/A | N/A | 3.8 | 0% |
| Cyprus | N/A | 1.1 | 1.9 | 1.3 | 8.7% |
| Lebanon | N/A | N/A | 0.1 | 0.6 | 500.0% |
| Azerbaijan | N/A | 0.7 | 0.1 | 0.3 | -34.5% |
| Ukraine | N/A | N/A | 0.4 | 0.1 | -75.0% |
| Albania | N/A | N/A | N/A | 0.1 | 0% |
| Turkmenistan | N/A | N/A | N/A | 0.1 | 0% |
| Kazakhstan | 0.1 | 0.2 | N/A | 0.1 | 0.0% |
| Syrian Arab Republic | 0.3 | N/A | N/A | 0.1 | -30.7% |
| Georgia | N/A | 3.4 | 7.2 | N/A | 111.8% |
| United Kingdom | 110 | N/A | N/A | N/A | 0% |
| Serbia | N/A | N/A | 0.6 | N/A | 0% |
| Mali | N/A | N/A | 0.9 | N/A | 0% |
| Others | 1.0 | 3.1 | 2.3 | 0.8 | -7.2% |
| Total | 112 | 8.5 | 13.7 | 7.5 | -59.4% |
Top Export Markets for Golf Balls from Turkey in 2022:
- Ukraine (undefinedK units)
- Albania (undefinedK units)
- Turkmenistan (undefinedK units)
- Kazakhstan (undefinedK units)
- Azerbaijan (undefinedK units)
- Syrian Arab Republic (undefinedK units)
- Cyprus (0.4K units)
- Tanzania (0.2K units)
- Lebanon (0.1K units)
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