Golf Balls Price in Russia - 2022
Contents:
- Golf Balls Price in Russia (CIF) - 2022
- Golf Balls Price in Russia (FOB) - 2022
- Golf Balls Imports in Russia
- Golf Balls Exports in Russia
Golf Balls Price in Russia (CIF) - 2022
The average golf balls import price stood at $0.7 per unit in 2021, growing by 5.2% against the previous year. In general, the import price posted modest growth. The pace of growth appeared the most rapid in 2017 when the average import price increased by 76% against the previous year. Over the period under review, average import prices attained the peak figure at $2 per unit in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($42 per unit), while the price for South Korea ($11 per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+26.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Golf Balls Price in Russia (FOB) - 2022
In 2022, the average golf balls export price amounted to less than $0.1 per unit, falling by -99% against the previous year. Overall, the export price faced a dramatic contraction. The growth pace was the most rapid in 2018 an increase of 270% against the previous year. As a result, the export price reached the peak level of $11 per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Belarus.
From 2013 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to +15.8% per year.
Golf Balls Imports in Russia
After three years of growth, supplies from abroad of golf ballses decreased by -13.3% to 317K units in 2022. Overall, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 79% against the previous year. Over the period under review, imports reached the maximum at 365K units in 2021, and then fell in the following year.
In value terms, golf balls imports dropped markedly to $230K in 2022. The total import value increased at an average annual rate of +5.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. As a result, imports reached the peak of $271K, and then declined rapidly in the following year.
| Import of Golf Balls in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| United States | 49.2 | 42.0 | 58.4 | 8.9% | |
| Indonesia | 39.3 | 49.1 | 54.3 | 17.5% | |
| Thailand | 26.7 | 19.2 | 49.6 | 36.3% | |
| China | 25.3 | 24.9 | 44.5 | 32.6% | |
| Taiwan (Chinese) | 5.3 | 5.0 | 25.8 | 120.6% | |
| South Korea | 21.3 | 7.6 | 20.6 | -1.7% | |
| Japan | 27.3 | 27.1 | 15.5 | -24.6% | |
| Others | 0.7 | 14.0 | 2.0 | 69.0% | |
| Total | 195 | 189 | 271 | 17.9% | |
Top Suppliers of Golf Balls to Russia in 2022:
- Indonesia (3.4K units)
- China (2.7K units)
- United States (2.3K units)
- South Korea (1.8K units)
- Taiwan (Chinese) (1.2K units)
- Thailand (1.2K units)
- Japan (0.5K units)
Golf Balls Exports in Russia
After three years of growth, shipments abroad of golf ballses decreased by -28.2% to 8.6K units in 2022. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 129%. As a result, the exports attained the peak of 12K units, and then dropped notably in the following year.
In value terms, golf balls exports declined rapidly to $240 in 2022. Over the period under review, exports continue to indicate a precipitous slump. The most prominent rate of growth was recorded in 2021 when exports increased by 119% against the previous year. As a result, the exports attained the peak of $35K, and then dropped sharply in the following year.
| Export of Golf Balls in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | 0.1 | 0.2 | 0.3 | 25.6 | 535.0% |
| Kazakhstan | 24.3 | 15.9 | 34.8 | N/A | 19.7% |
| Others | N/A | N/A | N/A | -25.4 | 0% |
| Total | 24.4 | 16.1 | 35.2 | 0.2 | -79.8% |
Top Export Markets for Golf Balls from Russia in 2022:
- Belarus (0.6K units)
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