Golf Clubs; Complete Price in Mexico - 2023
Contents:
- Golf Clubs; Complete Price in Mexico (FOB) - 2023
- Golf Clubs; Complete Price in Mexico (CIF) - 2023
- Golf Clubs; Complete Exports in Mexico
- Golf Clubs; Complete Imports in Mexico
Golf Clubs; Complete Price in Mexico (FOB) - 2023
In June 2023, the average golf clubs; complete export price amounted to $58.2 per unit, remaining constant against the previous month. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 when the average export price increased by 13% m-o-m. The export price peaked at $64.3 per unit in March 2023; however, from April 2023 to June 2023, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From June 2022 to June 2023, the rate of growth in terms of prices for the United States amounted to +0.8% per month.
Golf Clubs; Complete Price in Mexico (CIF) - 2023
The average golf clubs; complete import price stood at $48.9 per unit in June 2023, dropping by -23.1% against the previous month. In general, the import price, however, enjoyed buoyant growth. The growth pace was the most rapid in December 2022 when the average import price increased by 150% m-o-m. Over the period under review, average import prices reached the maximum at $84.7 per unit in February 2023; however, from March 2023 to June 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Taiwan (Chinese) ($131 per unit), while the price for the United States ($41.8 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 China (+10.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Golf Clubs; Complete Exports in Mexico
In 2022, approx. 9.2M units of golf clubs; completes were exported from Mexico; rising by 20% compared with 2021 figures. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 196%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, golf clubs; complete exports skyrocketed to $519M in 2022. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 45% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the near future.
| Export of Golf Clubs; Complete in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 285 | 262 | 381 | 519 | 22.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 285 | 262 | 381 | 519 | 22.1% |
Top Export Markets for Golf Clubs; Complete from Mexico in 2022:
- United States (3.9M units)
Golf Clubs; Complete Imports in Mexico
Golf clubs; complete imports into Mexico soared to 269K units in 2022, with an increase of 58% on 2021 figures. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 258%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, golf clubs; complete imports rose sharply to $8.1M in 2022. In general, imports, however, recorded a mild reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 59%. Over the period under review, imports reached the maximum at $8.3M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Golf Clubs; Complete in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.8 | 1.2 | 2.5 | 3.9 | 11.7% |
| China | 4.7 | 2.0 | 2.7 | 2.3 | -21.2% |
| Taiwan (Chinese) | 0.2 | 0.5 | 1.3 | 1.0 | 71.0% |
| Vietnam | 0.5 | 1.0 | 1.1 | 0.8 | 17.0% |
| Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Total | 8.3 | 4.8 | 7.6 | 8.1 | -0.8% |
Top Suppliers of Golf Clubs; Complete to Mexico in 2022:
- United States (34.9K units)
- China (20.6K units)
- Taiwan (Chinese) (9.2K units)
- Vietnam (6.8K units)
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