Golf Balls Price in the Czech Republic - 2023

Contents:

  1. Golf Balls Price in the Czech Republic (CIF) - 2023
  2. Golf Balls Price in the Czech Republic (FOB) - 2022
  3. Golf Balls Imports in the Czech Republic
  4. Golf Balls Exports in the Czech Republic

Golf Balls Price in the Czech Republic (CIF) - 2023

In July 2023, the average golf balls import price amounted to $3.2 per unit, growing by 28% against the previous month. In general, the import price posted a notable increase. The growth pace was the most rapid in January 2023 when the average import price increased by 105% m-o-m. As a result, import price attained the peak level of $4.1 per unit. From February 2023 to July 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($4.1 per unit), while the price for Austria ($1.3 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Golf Balls Price in the Czech Republic (FOB) - 2022

In 2022, the average golf balls export price amounted to $1.5 per unit, with a decrease of -41.5% against the previous year. Overall, the export price saw a abrupt slump. The pace of growth was the most pronounced in 2018 an increase of 212%. Over the period under review, the average export prices reached the maximum at $3.7 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($45 per unit), while the average price for exports to Slovakia ($14 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+10.2%), while the prices for the other major destinations experienced mixed trend patterns.

Golf Balls Imports in the Czech Republic

In 2022, purchases abroad of golf ballses was finally on the rise to reach 1M units after two years of decline. Overall, imports, however, faced a dramatic contraction. Over the period under review, imports hit record highs at 3.4M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, golf balls imports skyrocketed to $1.3M in 2022. The total import value increased at an average annual rate of +1.6% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Golf Balls in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands26.816.3108349135.3%
China386186188281-10.0%
Germany13260.11661708.8%
Japan41.096.499.798.433.9%
Taiwan (Chinese)85.210014897.34.5%
United Kingdom18815743.581.5-24.3%
United States15817889.681.3-19.9%
Poland42.631.737.853.57.9%
South Korea94.41521191.6-74.3%
Others73.496.189.974.50.5%
Total1,2271,0741,0891,2881.6%

Top Suppliers of Golf Balls to the Czech Republic in 2022:

  1. Netherlands (29.8K units)
  2. China (13.1K units)
  3. Taiwan (Chinese) (7.1K units)
  4. Germany (6.9K units)
  5. Japan (4.6K units)
  6. United States (2.3K units)
  7. United Kingdom (2.3K units)
  8. Poland (2.0K units)
  9. South Korea (0.1K units)

Golf Balls Exports in the Czech Republic

In 2022, the amount of golf ballses exported from the Czech Republic soared to 205K units, increasing by 102% on 2021. Overall, exports saw a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, golf balls exports surged to $310K in 2022. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 76% 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.

Export of Golf Balls in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany46.966.613611635.2%
Slovakia39.621.753.480.826.8%
Poland4.37.222.859.5140.1%
Austria12.821.717.631.535.0%
France4.02.35.82.8-11.2%
Netherlands3.71.57.22.3-14.7%
United Kingdom7.514.10.10.1-76.3%
Others6.113.719.717.241.3%
Total12514926231035.4%

Top Export Markets for Golf Balls from the Czech Republic in 2022:

  1. United Kingdom (undefinedK units)
  2. Slovakia (6.0K units)
  3. Germany (4.5K units)
  4. Poland (1.3K units)
  5. Austria (1.0K units)
  6. Netherlands (0.1K units)
  7. France (0.1K units)

Source: IndexBox Market Intelligence Platform

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