Golf Balls Price in Bulgaria - 2023

Contents:

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

Golf Balls Price in Bulgaria (CIF) - 2022

The average golf balls import price stood at $1.3 per unit in 2022, shrinking by -83.8% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 478%. As a result, import price reached the peak level of $7.9 per unit, and then dropped sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($42 per unit), while the price for China ($3.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+17.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Golf Balls Price in Bulgaria (FOB) - 2022

The average golf balls export price stood at $0.8 per unit in 2022, which is down by -86.4% against the previous year. Over the period under review, the export price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2017 an increase of 10,031%. Over the period under review, the average export prices reached the maximum at $12 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($34 per unit), while the average price for exports to Serbia amounted to $5.3 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+14.4%), while the prices for the other major destinations experienced a decline.

Golf Balls Imports in Bulgaria

In 2022, approx. 95K units of golf ballses were imported into Bulgaria; with an increase of 495% on the previous year's figure. Overall, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, golf balls imports dropped modestly to $121K in 2022. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 561%. As a result, imports reached the peak of $126K, and then declined modestly in the following year.

Import of Golf Balls in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark7.6N/A95.579.4118.6%
Germany3.2N/A12.215.167.7%
China5.73.30.59.317.7%
Romania1.02.32.88.8106.5%
GreeceN/AN/A3.30.4-87.9%
Italy7.7N/AN/A0.1-76.5%
United Kingdom12.412.81.3N/A-67.6%
TurkeyN/AN/A3.0N/A0%
Others2.00.66.98.159.4%
Total39.619.012612145.1%

Top Suppliers of Golf Balls to Bulgaria in 2022:

  1. Italy (undefinedK units)
  2. Greece (undefinedK units)
  3. China (2.7K units)
  4. Denmark (2.1K units)
  5. Romania (0.9K units)
  6. Germany (0.4K units)

Golf Balls Exports in Bulgaria

Golf balls exports from Bulgaria soared to 206 units in 2022, growing by 43% against 2021. Overall, exports showed a significant increase. 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 remarkably to $174 in 2022. In general, exports, however, showed a drastic downturn. The exports peaked at $893 in 2021, and then shrank dramatically in the following year.

Export of Golf Balls in Bulgaria (USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/AN/A1030%
SerbiaN/AN/AN/A58.00%
MoldovaN/AN/A893N/A0%
Greece228N/AN/AN/A0%
OthersN/AN/AN/A13.00%
Total228N/A893174-8.6%

Top Export Markets for Golf Balls from Bulgaria in 2022:

  1. Serbia (11.0 units)
  2. Netherlands (3.0 units)

Source: IndexBox Market Intelligence Platform

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