Golf Balls Price in Qatar - 2023
Contents:
Golf Balls Price in Qatar (CIF) - 2022
The average golf balls import price stood at $0.8 per unit in 2022, surging by 25% against the previous year. Overall, the import price, however, continues to indicate a dramatic decrease. The pace of growth was the most pronounced in 2019 when the average import price increased by 102%. Over the period under review, average import prices hit record highs at $11 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Spain ($55 per unit), while the price for China ($4.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+22.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Golf Balls Imports in Qatar
In 2022, approx. 332K units of golf ballses were imported into Qatar; jumping by 31% against the year before. In general, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 894% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, golf balls imports skyrocketed to $269K in 2022. Overall, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 263%. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in years to come.
| Import of Golf Balls in Qatar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 172 | 14.9 | 104 | 114 | -12.8% |
| Spain | N/A | N/A | N/A | 61.8 | 0% |
| United States | 40.2 | 15.8 | 38.5 | 54.8 | 10.9% |
| India | N/A | N/A | N/A | 17.2 | 0% |
| Others | 54.8 | 14.3 | 21.3 | 20.9 | -27.5% |
| Total | 267 | 45.1 | 163 | 269 | 0.2% |
Top Suppliers of Golf Balls to Qatar in 2022:
- China (27.7K units)
- United States (2.9K units)
- India (2.0K units)
- Spain (1.1K units)
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