Golf Clubs; Complete Price in Azerbaijan - 2022

Contents:

  1. Golf Clubs; Complete Price in Azerbaijan (CIF) - 2022
  2. Golf Clubs; Complete Price in Azerbaijan (FOB) - 2022
  3. Golf Clubs; Complete Imports in Azerbaijan
  4. Golf Clubs; Complete Exports in Azerbaijan

Golf Clubs; Complete Price in Azerbaijan (CIF) - 2022

The average golf clubs; complete import price stood at $57,185 per ton in 2022, picking up by 39% against the previous year. Overall, the import price enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2014 an increase of 392% against the previous year. As a result, import price attained the peak level of $111,566 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($169,750 per ton), while the price for China ($26,235 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+25.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Golf Clubs; Complete Price in Azerbaijan (FOB) - 2022

In 2022, the average golf clubs; complete export price amounted to $20,000 per ton, picking up by 7.1% against the previous year. Overall, the export price, however, continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2013 an increase of 46%. As a result, the export price attained the peak level of $67,500 per ton. From 2014 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 the UK.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to -3.5% per year.

Golf Clubs; Complete Imports in Azerbaijan

In 2022, purchases abroad of golf clubs; completes decreased by -81.3% to 54 kg, falling for the second year in a row after two years of growth. Overall, imports recorded a significant contraction. The growth pace was the most rapid in 2020 when imports increased by 22%. As a result, imports reached the peak of 664 kg. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, golf clubs; complete imports fell sharply to $3.1K in 2022. Over the period under review, imports showed a precipitous decrease. The smallest decline of -1.2% was in 2020.

Import of Golf Clubs; Complete in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)N/AN/AN/A1.40%
China0.61.32.80.914.5%
United Kingdom4.717.11.00.8-44.6%
Germany0.50.60.4N/A-10.6%
Vietnam2.62.71.3N/A-29.3%
United Arab Emirates6.40.41.6N/A-50.0%
United States3.45.54.8N/A18.8%
Others9.80.10.1N/A-89.9%
Total27.927.611.93.1-51.9%

Top Suppliers of Golf Clubs; Complete to Azerbaijan in 2022:

  1. China (34.0 kg)
  2. United Kingdom (12.0 kg)
  3. Taiwan (Chinese) (8.0 kg)

Golf Clubs; Complete Exports in Azerbaijan

In 2022, approx. 3 kg of golf clubs; completes were exported from Azerbaijan; approximately mirroring 2021 figures. Over the period under review, exports saw a abrupt descent. The smallest decline of -25% was in 2021.

In value terms, golf clubs; complete exports expanded sharply to $60 in 2022. The total export value increased at an average annual rate of +5.6% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 7.7% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Golf Clubs; Complete in Azerbaijan (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom18.05.03.060.049.4%
RussiaN/A19.0N/AN/A0%
Thailand26.08.05.0N/A-56.1%
Malaysia7.0N/AN/AN/A0%
SingaporeN/AN/A48.0N/A0%
United StatesN/A20.0N/AN/A0%
OthersN/AN/AN/AN/A0%
Total51.052.056.060.05.6%

Top Export Markets for Golf Clubs; Complete from Azerbaijan in 2022:

  1. United Kingdom (3.0 kg)
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