Golf Balls Price in Egypt - 2023
Contents:
Golf Balls Price in Egypt (CIF) - 2022
In 2022, the average golf balls import price amounted to $14 per unit, picking up by 3.2% against the previous year. In general, the import price showed significant growth. The most prominent rate of growth was recorded in 2013 an increase of 177% against the previous year. Over the period under review, average import prices hit record highs at $20 per unit in 2018; however, from 2019 to 2022, 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 the United States ($17 per unit), while the price for Tanzania ($7.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Golf Balls Imports in Egypt
In 2022, golf balls imports into Egypt surged to 3.8K units, with an increase of 18% on the previous year's figure. Over the period under review, imports, however, continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2021 when imports increased by 109%. Imports peaked at 6.9K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, golf balls imports surged to $53K in 2022. In general, imports, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 116% against the previous year. Over the period under review, imports reached the peak figure at $88K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Golf Balls in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 0.6 | 0.5 | 4.9 | 21.7 | 230.7% |
| Indonesia | N/A | N/A | 1.5 | 12.0 | 700.0% |
| China | 36.3 | 1.8 | 6.7 | 10.6 | -33.7% |
| Japan | 0.3 | 0.1 | 0.1 | 3.2 | 120.1% |
| Tanzania | 0.3 | 0.2 | 0.6 | 3.1 | 117.8% |
| Pakistan | 14.2 | 3.3 | 3.6 | 2.3 | -45.5% |
| United States | 5.8 | 2.4 | 4.7 | 0.1 | -74.2% |
| Thailand | 4.3 | 1.7 | 2.8 | N/A | -19.3% |
| United Kingdom | 12.4 | 5.0 | 9.3 | N/A | -13.4% |
| United Arab Emirates | 11.5 | 4.2 | 6.8 | N/A | -23.1% |
| Others | 2.6 | 1.1 | 2.8 | 0.2 | -57.5% |
| Total | 88.3 | 20.3 | 43.8 | 53.3 | -15.5% |
Top Suppliers of Golf Balls to Egypt in 2022:
- Taiwan (Chinese) (1313.0 units)
- Indonesia (723.0 units)
- China (641.0 units)
- Tanzania (437.0 units)
- Japan (194.0 units)
- Pakistan (142.0 units)
- United States (8.0 units)
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