Golf Balls Price in Kenya - 2021
Contents:
- Golf Balls Price in Kenya (CIF) - 2022
- Golf Balls Price in Kenya (FOB) - 2022
- Golf Balls Imports in Kenya
- Golf Balls Exports in Kenya
Golf Balls Price in Kenya (CIF) - 2022
In 2022, the average golf balls import price amounted to $12,625 per ton, waning by -5.5% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by 45% against the previous year. Over the period under review, average import prices hit record highs at $13,363 per ton in 2021, and then reduced in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($17,500 per ton), while the price for the United Arab Emirates ($7,194 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mauritius (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Golf Balls Price in Kenya (FOB) - 2022
In 2022, the average golf balls export price amounted to $20,775 per ton, rising by 24% against the previous year. Over the period under review, the export price saw a prominent increase. The pace of growth appeared the most rapid in 2013 when the average export price increased by 82%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($33,643 per ton), while the average price for exports to Tanzania ($3,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.
Golf Balls Imports in Kenya
In 2022, imports of golf ballses into Kenya skyrocketed to 2.4 tons, with an increase of 52% against the year before. Overall, imports continue to indicate a moderate increase. The most prominent rate of growth was recorded in 2020 with an increase of 55%. As a result, imports attained the peak of 3.4 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, golf balls imports soared to $30K in 2022. In general, total imports indicated a noticeable expansion from 2019 to 2022: its value increased at an average annual rate of +2.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -23.2% against 2020 indices.
| Import of Golf Balls in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.0 | 9.2 | 4.1 | 6.5 | -2.4% |
| Mauritius | 2.1 | 4.1 | 5.5 | 5.3 | 36.2% |
| Thailand | 1.1 | 0.3 | 2.8 | 4.7 | 62.3% |
| India | 4.2 | 4.3 | 1.7 | 3.2 | -8.7% |
| United States | 3.6 | 7.0 | 3.1 | 2.9 | -7.0% |
| South Africa | 0.4 | 3.0 | 0.6 | 1.0 | 35.7% |
| United Arab Emirates | 0.8 | 0.8 | 0.3 | 0.9 | 4.0% |
| United Kingdom | 6.5 | 7.4 | 0.5 | 0.8 | -50.3% |
| Indonesia | 0.2 | 0.3 | 0.4 | 0.7 | 51.8% |
| Tanzania | N/A | N/A | N/A | N/A | 0% |
| Others | 1.5 | 2.3 | 1.7 | 3.9 | 37.5% |
| Total | 27.5 | 38.7 | 20.7 | 29.7 | 2.6% |
Top Suppliers of Golf Balls to Kenya in 2022:
- China (481.0 kg)
- Mauritius (370.0 kg)
- Thailand (354.0 kg)
- United States (334.0 kg)
- India (266.0 kg)
- United Arab Emirates (124.0 kg)
- South Africa (71.0 kg)
- Indonesia (66.0 kg)
- United Kingdom (55.0 kg)
Golf Balls Exports in Kenya
In 2022, overseas shipments of golf ballses decreased by -32.2% to 40 kg for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated pronounced growth from 2019 to 2022: its volume increased at an average annual rate of +3.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 34%. As a result, the exports attained the peak of 59 kg, and then shrank significantly in the following year.
In value terms, golf balls exports shrank sharply to $831 in 2022. In general, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 83% against the previous year.
| Export of Golf Balls in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 46.0 | 246 | 301 | 471 | 117.1% |
| Rwanda | 8.0 | 302 | 668 | 185 | 184.9% |
| Uganda | 32.0 | 86.0 | 6.0 | 154 | 68.8% |
| Tanzania | 14.0 | 39.0 | 6.0 | 15.0 | 2.3% |
| South Africa | 1.0 | 5.0 | 5.0 | 6.0 | 81.7% |
| Democratic Republic of the Congo | 28.0 | N/A | N/A | N/A | 0% |
| Ghana | 234 | N/A | N/A | N/A | 0% |
| Others | 7.0 | N/A | N/A | N/A | 0% |
| Total | 370 | 678 | 986 | 831 | 31.0% |
Top Export Markets for Golf Balls from Kenya in 2022:
- United States (14.0 kg)
- Rwanda (12.0 kg)
- Uganda (8.0 kg)
- Tanzania (5.0 kg)
- South Africa (1.0 kg)
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