Golf Balls Price in Saudi Arabia - 2021
Contents:
Golf Balls Price in Saudi Arabia (FOB) - 2022
In 2021, the average golf balls export price amounted to $12,776 per ton, jumping by 102% against the previous year. Overall, the export price showed resilient growth. The most prominent rate of growth was recorded in 2014 an increase of 113%. The export price peaked at $13,947 per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Ethiopia.
From 2012 to 2021, the rate of growth in terms of prices for Qatar amounted to +554.7% per year.
Golf Balls Exports in Saudi Arabia
In 2021, after two years of growth, there was significant decline in shipments abroad of golf ballses, when their volume decreased by -65.2% to 521 kg. Over the period under review, exports faced a significant contraction. The most prominent rate of growth was recorded in 2020 with an increase of 10%. As a result, the exports attained the peak of 1.5 tons, and then contracted dramatically in the following year.
In value terms, golf balls exports dropped rapidly to $6.7K in 2021. In general, exports faced a significant curtailment. The smallest decline of -16.1% was in 2020.
| Export of Golf Balls in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Ethiopia | N/A | N/A | 6.7 | 0% | |
| Thailand | 1.9 | N/A | N/A | 0% | |
| Switzerland | N/A | 8.2 | N/A | 0% | |
| Tanzania | 9.4 | N/A | N/A | 0% | |
| South Africa | N/A | 1.2 | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 11.3 | 9.5 | 6.7 | -23.0% | |
Top Export Markets for Golf Balls from Saudi Arabia in 2022:
- Ethiopia (521.0 kg)
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