Golf Balls Price in Brazil - 2023
Contents:
- Golf Balls Price in Brazil (CIF) - 2022
- Golf Balls Price in Brazil (FOB) - 2022
- Golf Balls Imports in Brazil
- Golf Balls Exports in Brazil
Golf Balls Price in Brazil (CIF) - 2022
In 2022, the average golf balls import price amounted to $1.2 per unit, falling by -32.1% against the previous year. Overall, the import price, however, showed a slight expansion. The pace of growth appeared the most rapid in 2018 when the average import price increased by 248%. Over the period under review, average import prices hit record highs at $1.7 per unit in 2021, and then reduced dramatically in the following year.
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 States ($36 per unit), while the price for China ($6.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Golf Balls Price in Brazil (FOB) - 2022
The average golf balls export price stood at $2.3 per unit in 2022, dropping by -86.4% against the previous year. Overall, the export price continues to indicate a precipitous setback. The most prominent rate of growth was recorded in 2018 an increase of 61,063% against the previous year. As a result, the export price attained the peak level of $3,155 per unit. From 2019 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Liberia ($23 per unit), while the average price for exports to the United States ($6 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Liberia (+86.7%), while the prices for the other major destinations experienced more modest paces of growth.
Golf Balls Imports in Brazil
In 2022, the amount of golf ballses imported into Brazil surged to 226K units, with an increase of 86% compared with 2021 figures. Overall, imports enjoyed strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, golf balls imports skyrocketed to $262K in 2022. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 36% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.
| Import of Golf Balls in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 15.3 | 35.6 | 62.9 | 95.1 | 83.9% |
| United States | 34.1 | 45.3 | 46.9 | 72.7 | 28.7% |
| Taiwan (Chinese) | 12.0 | 24.1 | 50.4 | 38.1 | 47.0% |
| Indonesia | 21.1 | 12.1 | 29.4 | 22.9 | 2.8% |
| South Korea | N/A | 12.0 | 12.6 | 18.7 | 24.8% |
| Thailand | 1.0 | 0.3 | 1.5 | 9.4 | 111.0% |
| Hong Kong SAR | N/A | 19.0 | 1.1 | N/A | -94.2% |
| Others | 30.7 | 4.0 | 2.4 | 4.9 | -45.8% |
| Total | 114 | 152 | 207 | 262 | 32.0% |
Top Suppliers of Golf Balls to Brazil in 2022:
- China (13.7K units)
- Taiwan (Chinese) (2.5K units)
- Indonesia (2.0K units)
- United States (2.0K units)
- South Korea (0.9K units)
- Thailand (0.5K units)
Golf Balls Exports in Brazil
In 2022, approx. 1.2K units of golf ballses were exported from Brazil; growing by 424% compared with 2021 figures. Overall, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, golf balls exports declined markedly to $2.9K in 2022. In general, exports, however, continue to indicate a perceptible curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 484%. As a result, the exports attained the peak of $4K, and then shrank sharply in the following year.
| Export of Golf Balls in Brazil (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Paraguay | 2,541 | N/A | N/A | 2,381 | -2.1% |
| Panama | 57.0 | N/A | 316 | 116 | 26.7% |
| Liberia | N/A | N/A | 241 | 90.0 | -62.7% |
| Marshall Islands | N/A | 98.0 | 295 | 85.0 | -6.9% |
| Angola | N/A | N/A | 1,680 | 62.0 | -96.3% |
| Japan | 101 | N/A | 71.0 | 54.0 | -18.8% |
| Others | 370 | 592 | 1,425 | 83.0 | -39.2% |
| Total | 3,069 | 690 | 4,028 | 2,871 | -2.2% |
Top Export Markets for Golf Balls from Brazil in 2022:
- Paraguay (221.0 units)
- Panama (12.0 units)
- Angola (10.0 units)
- Marshall Islands (9.0 units)
- Japan (5.0 units)
- Liberia (4.0 units)
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