Golf Clubs; Complete Price in China - 2023
Contents:
- Golf Clubs; Complete Price in China (FOB) - 2023
- Golf Clubs; Complete Price in China (CIF) - 2023
- Golf Clubs; Complete Exports in China
- Golf Clubs; Complete Imports in China
Golf Clubs; Complete Price in China (FOB) - 2023
In June 2023, the average golf clubs; complete export price amounted to $16.2 per unit, jumping by 15% against the previous month. Over the period under review, the export price, however, continues to indicate a slight shrinkage. The growth pace was the most rapid in February 2023 when the average export price increased by 52% m-o-m. As a result, the export price attained the peak level of $31.5 per unit. From March 2023 to June 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 Singapore ($36.8 per unit), while the average price for exports to the United States ($8.1 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+3.2%), while the prices for the other major destinations experienced mixed trend patterns.
Golf Clubs; Complete Price in China (CIF) - 2023
In June 2023, the average golf clubs; complete import price amounted to $103 per unit, surging by 12% against the previous month. Over the period under review, the import price, however, showed a perceptible decrease. The pace of growth was the most pronounced in September 2022 when the average import price increased by 44% m-o-m. Over the period under review, average import prices attained the peak figure at $131 per unit in June 2022; however, from July 2022 to June 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($170 per unit), while the price for Vietnam ($104 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+9.1%), while the prices for the other major suppliers experienced a decline.
Golf Clubs; Complete Exports in China
In 2022, exports of golf clubs; completes from China expanded rapidly to 28M units, surging by 6.9% against 2021. Overall, exports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2021 when exports increased by 381%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.
In value terms, golf clubs; complete exports skyrocketed to $570M in 2022. In general, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 92% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Golf Clubs; Complete in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 89.8 | 72.8 | 150 | 169 | 23.5% |
| United States | 72.9 | 71.8 | 123 | 141 | 24.6% |
| United Kingdom | 33.5 | 29.4 | 72.5 | 78.2 | 32.7% |
| South Korea | 12.4 | 15.8 | 29.3 | 57.1 | 66.4% |
| Canada | 14.3 | 15.0 | 29.3 | 32.0 | 30.8% |
| Australia | 8.7 | 11.4 | 17.7 | 23.4 | 39.1% |
| Netherlands | 1.5 | 2.1 | 4.9 | 7.7 | 72.5% |
| Others | 41.7 | 25.0 | 39.1 | 61.6 | 13.9% |
| Total | 275 | 243 | 466 | 570 | 27.5% |
Top Export Markets for Golf Clubs; Complete from China in 2022:
- United States (5.3M units)
- Japan (2.0M units)
- United Kingdom (1.6M units)
- Canada (0.9M units)
- South Korea (0.9M units)
- Australia (0.5M units)
- Netherlands (0.2M units)
Golf Clubs; Complete Imports in China
For the fourth year in a row, China recorded growth in supplies from abroad of golf clubs; completes, which increased by 23% to 633K units in 2022. Overall, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 82% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, golf clubs; complete imports soared to $68M in 2022. Over the period under review, imports saw a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 63%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Golf Clubs; Complete in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 23.3 | 24.1 | 36.5 | 50.9 | 29.8% |
| Vietnam | 1.4 | 2.3 | 2.4 | 4.4 | 46.5% |
| United States | 0.9 | 0.9 | 1.3 | 2.3 | 36.7% |
| United Kingdom | N/A | 0.1 | 1.3 | 1.1 | 231.7% |
| Others | 0.6 | 6.8 | 14.1 | 9.4 | 150.2% |
| Total | 26.3 | 34.2 | 55.7 | 67.9 | 37.2% |
Top Suppliers of Golf Clubs; Complete to China in 2022:
- Japan (160.6K units)
- Vietnam (51.0K units)
- United States (7.4K units)
- United Kingdom (4.8K units)
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