Golf Balls Price in Luxembourg - 2023
Contents:
- Golf Balls Price in Luxembourg (CIF) - 2022
- Golf Balls Price in Luxembourg (FOB) - 2022
- Golf Balls Imports in Luxembourg
- Golf Balls Exports in Luxembourg
Golf Balls Price in Luxembourg (CIF) - 2022
The average golf balls import price stood at $15 per unit in 2022, reducing by -4.1% against the previous year. Over the period under review, the import price, however, saw a resilient increase. The most prominent rate of growth was recorded in 2015 an increase of 187%. Over the period under review, average import prices reached the peak figure at $16 per unit in 2021, and then contracted slightly in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($5.1 per unit) and the Netherlands ($5.1 per unit), while the price for the UK ($5.1 per unit) and China ($5.1 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-12.9%), while the prices for the other major suppliers experienced a decline.
Golf Balls Price in Luxembourg (FOB) - 2022
In 2022, the average golf balls export price amounted to $0.3 per unit, waning by -41.3% against the previous year. Over the period under review, the export price continues to indicate a abrupt slump. The pace of growth appeared the most rapid in 2013 when the average export price increased by 424%. As a result, the export price reached the peak level of $8.9 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($5.1 per unit), while the average price for exports to Spain stood at $5.1 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (-8.5%).
Golf Balls Imports in Luxembourg
In 2022, supplies from abroad of golf ballses decreased by -0.3% to 6K units, falling for the second year in a row after two years of growth. In general, imports showed a abrupt slump. The growth pace was the most rapid in 2020 when imports increased by 37% against the previous year. As a result, imports attained the peak of 10K units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, golf balls imports shrank slightly to $93K in 2022. The total import value increased at an average annual rate of +1.7% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 12% against the previous year. As a result, imports attained the peak of $99K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Golf Balls in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.3 | 5.6 | 25.8 | 37.3 | 153.1% |
| France | 14.5 | 30.7 | 34.2 | 26.7 | 22.6% |
| Belgium | 3.7 | 12.8 | 5.2 | 7.3 | 25.4% |
| China | 4.3 | 7.7 | 7.1 | 6.4 | 14.2% |
| Netherlands | 2.4 | 0.2 | 8.3 | 5.0 | 27.7% |
| United Kingdom | 16.6 | 24.7 | 1.3 | 4.3 | -36.3% |
| United States | 22.4 | 1.0 | 3.5 | 1.6 | -58.5% |
| Thailand | 9.2 | N/A | 2.5 | 1.0 | -52.3% |
| Japan | N/A | 5.8 | N/A | N/A | 0% |
| Others | 12.8 | 10.5 | 9.1 | 3.4 | -35.7% |
| Total | 88.2 | 99.0 | 97.1 | 92.8 | 1.7% |
Top Suppliers of Golf Balls to Luxembourg in 2022:
- Japan (undefinedK units)
- Germany (7.3K units)
- France (5.3K units)
- Belgium (1.4K units)
- China (1.3K units)
- Netherlands (1.0K units)
- United Kingdom (0.8K units)
- United States (0.3K units)
- Thailand (0.2K units)
Golf Balls Exports in Luxembourg
In 2022, shipments abroad of golf ballses decreased by -7.4% to 25K units, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +8.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 46% against the previous year. As a result, the exports reached the peak of 29K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, golf balls exports fell significantly to $8.8K in 2022. Over the period under review, exports recorded a significant decrease. The pace of growth was the most pronounced in 2020 when exports increased by 12% against the previous year. As a result, the exports reached the peak of $22K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Golf Balls in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 19.9 | 19.6 | 16.0 | 8.1 | -25.9% |
| Spain | N/A | N/A | N/A | 0.6 | 0% |
| Switzerland | N/A | 2.7 | N/A | N/A | 0% |
| Others | N/A | N/A | 0.2 | 0.1 | -50.0% |
| Total | 19.9 | 22.3 | 16.3 | 8.8 | -23.8% |
Top Export Markets for Golf Balls from Luxembourg in 2022:
- Belgium (1.6K units)
- Spain (0.1K units)
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