Golf Balls Price in Belarus - 2022

Contents:

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

Golf Balls Price in Belarus (CIF) - 2022

In 2022, the average golf balls import price amounted to $0.5 per unit, surging by 68% against the previous year. Overall, the import price, however, showed a deep slump. The most prominent rate of growth was recorded in 2016 an increase of 82%. As a result, import price reached the peak level of $3.9 per unit. From 2017 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($17 per unit), while the price for Lithuania ($2.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-4.9%), while the prices for the other major suppliers experienced a decline.

Golf Balls Price in Belarus (FOB) - 2022

In 2022, the average golf balls export price amounted to $5.6 per unit, dropping by -40.4% against the previous year. In general, the export price showed a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when the average export price increased by 183% against the previous year. The export price peaked at $21 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($25 per unit), while the average price for exports to Russia amounted to $21 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-0.2%).

Golf Balls Imports in Belarus

In 2022, after three years of growth, there was significant decline in supplies from abroad of golf ballses, when their volume decreased by -72.3% to 10K units. Over the period under review, imports saw a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 101% against the previous year. As a result, imports reached the peak of 37K units, and then dropped rapidly in the following year.

In value terms, golf balls imports dropped dramatically to $4.8K in 2022. In general, imports saw a sharp decline. The smallest decline of -1% was in 2021. Over the period under review, imports attained the maximum at $13K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Golf Balls in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.44.02.33.3-9.1%
Pakistan7.72.82.73.2-25.4%
Italy3.61.21.11.3-28.8%
Russia1.10.20.70.7-14.0%
Netherlands1.30.60.50.5-27.3%
Germany1.80.30.40.5-34.8%
Lithuania3.30.30.60.2-60.7%
SlovakiaN/AN/A0.7N/A0%
Belgium3.8N/AN/AN/A0%
Others-14.21.01.2-4.9-29.9%
Total12.810.410.34.8-27.9%

Top Suppliers of Golf Balls to Belarus in 2022:

  1. Pakistan (0.6K units)
  2. China (0.5K units)
  3. Netherlands (0.1K units)
  4. Italy (0.1K units)
  5. Lithuania (0.1K units)
  6. Germany (0.1K units)
  7. Russia (0.1K units)

Golf Balls Exports in Belarus

Golf balls exports from Belarus soared to 241 units in 2022, surging by 33% against the previous year. Over the period under review, exports saw significant growth. The growth pace was the most rapid in 2020 with an increase of 198% against the previous year. As a result, the exports reached the peak of 301 units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, golf balls exports dropped dramatically to $1.4K in 2022. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 400% against the previous year. Over the period under review, the exports attained the peak figure at $1.7K in 2021, and then shrank rapidly in the following year.

Export of Golf Balls in Belarus (USD)
COUNTRY2019202020212022CAGR,
2019-2022
PolandN/AN/AN/A1,2050%
Russia17.01,0001,700145104.3%
France183N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total2001,0001,7001,35089.0%

Top Export Markets for Golf Balls from Belarus in 2022:

  1. Poland (49.0 units)
  2. Russia (7.0 units)

Source: IndexBox Market Intelligence Platform

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