Golf Clubs; Complete Price in Finland - 2023

Contents:

  1. Golf Clubs; Complete Price in Finland (CIF) - 2023
  2. Golf Clubs; Complete Price in Finland (FOB) - 2022
  3. Golf Clubs; Complete Imports in Finland
  4. Golf Clubs; Complete Exports in Finland

Golf Clubs; Complete Price in Finland (CIF) - 2023

In July 2023, the average golf clubs; complete import price amounted to $156 per unit, surging by 23% against the previous month. Overall, the import price showed prominent growth. The most prominent rate of growth was recorded in September 2022 when the average import price increased by 61% month-to-month. Over the period under review, average import prices hit record highs in July 2023.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Hong Kong SAR ($198 per unit), while the price for China ($19.1 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 (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average golf clubs; complete export price stood at $47 per unit in 2022, picking up by 3.8% against the previous year. Overall, the export price enjoyed a prominent increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 566% against the previous year. The export price peaked at $215 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($137 per unit), while the average price for exports to Latvia ($23 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 the UK (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.

Golf Clubs; Complete Imports in Finland

Golf clubs; complete imports into Finland soared to 204K units in 2022, increasing by 73% on the year before. In general, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 2,435%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, golf clubs; complete imports dropped to $8.5M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +23.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +86.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 70%. Imports peaked at $9M in 2021, and then contracted in the following year.

Import of Golf Clubs; Complete in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.43.84.43.738.3%
United States0.80.81.81.523.3%
United Kingdom1.11.00.80.9-6.5%
Netherlands0.70.70.90.70.0%
Japan0.30.40.70.410.1%
Vietnam0.10.70.20.226.0%
SwedenN/A0.10.20.10.0%
OthersN/A0.20.11.0123.6%
Total4.67.89.08.522.7%

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

  1. China (31.8K units)
  2. United States (12.0K units)
  3. United Kingdom (10.3K units)
  4. Netherlands (8.0K units)
  5. Japan (3.4K units)
  6. Sweden (3.1K units)
  7. Vietnam (1.6K units)

Golf Clubs; Complete Exports in Finland

For the fourth year in a row, Finland recorded growth in overseas shipments of golf clubs; completes, which increased by 35% to 2.1K units in 2022. In general, exports recorded a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 85%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, golf clubs; complete exports soared to $96K in 2022. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 74%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Export of Golf Clubs; Complete in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/A23.345.896.6%
Estonia9.911.48.16.0-15.4%
Sweden1.12.99.85.065.7%
AustriaN/AN/AN/A2.00%
Russia11.216.726.51.9-44.6%
United States1.40.70.30.4-34.1%
LatviaN/AN/AN/A0.20%
Norway5.26.5N/AN/A25.0%
Others1.01.20.734.7226.2%
Total29.939.468.796.047.5%

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

  1. United Kingdom (335.0 units)
  2. Estonia (105.0 units)
  3. Austria (68.0 units)
  4. Sweden (45.0 units)
  5. Russia (39.0 units)
  6. Latvia (10.0 units)
  7. United States (5.0 units)
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