Golf Balls Price in Denmark - 2023
Contents:
- Golf Balls Price in Denmark (CIF) - 2023
- Golf Balls Price in Denmark (FOB) - 2023
- Golf Balls Imports in Denmark
- Golf Balls Exports in Denmark
Golf Balls Price in Denmark (CIF) - 2023
In July 2023, the average golf balls import price amounted to $2.8 per unit, rising by 50% against the previous month. Over the period under review, the import price showed buoyant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($4.9 per unit), while the price for Sweden ($906 per thousand units) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Golf Balls Price in Denmark (FOB) - 2023
In July 2023, the average golf balls export price amounted to $1.3 per unit, remaining constant against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in October 2022 an increase of 97% m-o-m. As a result, the export price attained the peak level of $2.3 per unit. From November 2022 to July 2023, the the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In July 2023, the highest price was recorded for prices to the Netherlands ($1.5 per unit) and Finland ($1.3 per unit), while the average price for exports to Germany ($1.2 per unit) and Sweden ($1.3 per unit) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.
Golf Balls Imports in Denmark
In 2022, approx. 5.7M units of golf ballses were imported into Denmark; with an increase of 163% against 2021. In general, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, golf balls imports skyrocketed to $4.7M in 2022. The total import value increased at an average annual rate of +10.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Golf Balls in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 932 | 1,273 | 2,280 | 1,742 | 23.2% |
| Taiwan (Chinese) | 303 | 313 | 219 | 718 | 33.3% |
| Sweden | 282 | 21.6 | 8.3 | 585 | 27.5% |
| Germany | 6.6 | 7.6 | 17.5 | 460 | 311.5% |
| France | 0.1 | 0.3 | 305 | 330 | 1388.8% |
| Spain | 0.1 | 0.1 | 0.2 | 304 | 1348.6% |
| United States | 102 | 72.0 | 250 | 244 | 33.7% |
| Japan | 49.1 | 248 | 131 | 170 | 51.3% |
| China | 19.2 | 69.0 | 95.8 | 62.7 | 48.4% |
| United Kingdom | 1,779 | 1,596 | 29.5 | 9.7 | -82.4% |
| Others | 22.0 | 15.0 | 17.1 | 95.0 | 62.8% |
| Total | 3,496 | 3,616 | 3,353 | 4,721 | 10.5% |
Top Suppliers of Golf Balls to Denmark in 2022:
- Netherlands (179.2K units)
- Taiwan (Chinese) (47.7K units)
- Germany (46.5K units)
- Sweden (34.5K units)
- Spain (32.3K units)
- France (19.3K units)
- United States (12.1K units)
- China (8.9K units)
- Japan (6.7K units)
- United Kingdom (0.8K units)
Golf Balls Exports in Denmark
In 2022, golf balls exports from Denmark surged to 1.7M units, picking up by 1,378% against the previous year's figure. Overall, exports recorded 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 rose notably to $1.2M in 2022. The total export value increased at an average annual rate of +9.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 29% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Golf Balls in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 455 | 524 | 598 | 886 | 24.9% |
| Norway | 8.7 | 6.4 | 48.3 | 65.2 | 95.7% |
| Finland | 396 | 238 | 274 | 53.3 | -48.8% |
| Ireland | 1.6 | N/A | N/A | 27.5 | 158.1% |
| Others | 29.2 | 72.0 | 163 | 139 | 68.2% |
| Total | 890 | 841 | 1,082 | 1,171 | 9.6% |
Top Export Markets for Golf Balls from Denmark in 2022:
- Sweden (92.0K units)
- Norway (7.4K units)
- Finland (5.6K units)
- Ireland (3.0K units)
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