Golf Balls Price in Azerbaijan - 2023
Contents:
Golf Balls Price in Azerbaijan (CIF) - 2022
In 2022, the average golf balls import price amounted to $2.7 per unit, which is down by -6.7% against the previous year. In general, the import price recorded a deep reduction. The pace of growth was the most pronounced in 2018 an increase of 213%. The import price peaked at $7 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 United Arab Emirates ($54 per unit), while the price for China ($7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+93.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Golf Balls Imports in Azerbaijan
In 2022, the amount of golf ballses imported into Azerbaijan skyrocketed to 14K units, picking up by 134% on the previous year. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 182%. As a result, imports attained the peak of 17K units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, golf balls imports skyrocketed to $37K in 2022. Overall, imports continue to indicate a significant increase. The growth pace was the most rapid in 2020 when imports increased by 175%. As a result, imports attained the peak of $51K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Golf Balls in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 0.4 | 9.1 | 2.1 | 16.3 | 244.1% |
| China | 3.8 | 10.9 | 0.9 | 12.3 | 47.9% |
| United States | 4.2 | 4.8 | 2.9 | 6.8 | 17.4% |
| Thailand | 2.0 | 14.6 | 3.5 | N/A | 32.3% |
| Germany | 0.8 | 1.1 | 0.8 | N/A | 0.0% |
| Turkey | 0.4 | 0.5 | N/A | N/A | 25.0% |
| Others | 6.8 | 10.0 | 6.5 | 1.3 | -42.4% |
| Total | 18.5 | 51.1 | 16.8 | 36.7 | 25.7% |
Top Suppliers of Golf Balls to Azerbaijan in 2022:
- China (1.8K units)
- United Arab Emirates (0.3K units)
- United States (0.1K units)
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