Golf Balls Price in Sweden - 2023

Golf Balls Price in Sweden (CIF) - 2022

The average golf balls import price stood at $1.3 per unit in 2022, picking up by 3.1% against the previous year. In general, the import price, however, showed a pronounced curtailment. The most prominent rate of growth was recorded in 2014 when the average import price increased by 10%. The import price peaked at $1.8 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 the Netherlands ($31 per unit), while the price for Taiwan (Chinese) ($7.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Golf Balls Price in Sweden (FOB) - 2023

In July 2023, the average golf balls export price amounted to $1.8 per unit, shrinking by -47% against the previous month. Overall, the export price, however, enjoyed tangible growth. The growth pace was the most rapid in February 2023 when the average export price increased by 93% m-o-m. As a result, the export price attained the peak level of $4.1 per unit. From March 2023 to July 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Denmark ($3.5 per unit), while the average price for exports to the UK ($1.2 per unit) was 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 (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.

Golf Balls Imports in Sweden

In 2022, overseas purchases of golf ballses decreased by -23.4% to 9.8M units, falling for the second year in a row after two years of growth. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 34%. As a result, imports attained the peak of 13M units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, golf balls imports dropped markedly to $13M in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 31% against the previous year. As a result, imports reached the peak of $17M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Golf Balls in Sweden (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	4.9	7.4	11.3	8.6	20.6%
Taiwan (Chinese)	0.4	0.4	0.7	0.9	31.0%
Germany	N/A	N/A	1.3	0.8	-38.5%
Denmark	0.3	0.4	0.4	0.5	18.6%
China	0.2	0.2	0.5	0.5	35.7%
United States	0.5	0.6	0.6	0.4	-7.2%
France	0.1	0.1	1.3	0.4	58.7%
United Kingdom	6.2	7.5	0.2	0.4	-59.9%
Others	N/A	N/A	0.2	0.4	100.0%
Total	12.7	16.6	16.5	13.0	0.8%

Top Suppliers of Golf Balls to Sweden in 2022:

United States (undefinedM units)
Denmark (undefinedM units)
France (undefinedM units)
United Kingdom (undefinedM units)
Germany (undefinedM units)
China (undefinedM units)
Netherlands (0.3M units)
Taiwan (Chinese) (0.1M units)

Golf Balls Exports in Sweden

In 2022, approx. 2.8M units of golf ballses were exported from Sweden; rising by 65% on 2021 figures. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 720% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, golf balls exports shrank to $2.7M in 2022. Over the period under review, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 186%. As a result, the exports attained the peak of $3M, and then reduced in the following year.

Export of Golf Balls in Sweden (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	7.8	2.5	250	757	359.6%
Finland	478	521	1,222	639	10.2%
Norway	171	346	788	558	48.3%
Denmark	69.5	42.5	578	407	80.2%
United Kingdom	13.2	1.2	5.8	106	100.3%
Austria	80.1	79.1	70.7	11.9	-47.0%
Others	40.3	45.7	51.1	212	73.9%
Total	859	1,038	2,965	2,692	46.3%