Golf Clubs; Complete Price in the UK - 2023

Contents:

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

Golf Clubs; Complete Price in the UK (FOB) - 2022

In 2022, the average golf clubs; complete export price amounted to $128 per unit, declining by -21.6% against the previous year. In general, the export price, however, enjoyed a tangible expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 121%. The export price peaked at $163 per unit in 2021, and then contracted notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($252 per unit), while the average price for exports to the United States ($56 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 Ireland (+11.8%), while the prices for the other major destinations experienced more modest paces of growth.

Golf Clubs; Complete Price in the UK (CIF) - 2022

The average golf clubs; complete import price stood at $37 per unit in 2022, reducing by -9.4% against the previous year. In general, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, golf clubs; complete import price decreased by -32.1% against 2018 indices. The most prominent rate of growth was recorded in 2017 an increase of 36% against the previous year. The import price peaked at $55 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($139 per unit), while the price for China ($36 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Golf Clubs; Complete Exports in the UK

In 2022, approx. 1M units of golf clubs; completes were exported from the UK; reducing by -3.7% on the year before. In general, exports saw a significant contraction. The exports peaked at 2.3M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, golf clubs; complete exports reduced dramatically to $134M in 2022. Overall, exports continue to indicate a abrupt slump. The smallest decline of -8.8% was in 2021. The exports peaked at $214M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Golf Clubs; Complete in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands18.116.562.253.443.4%
France37.425.752.544.56.0%
Ireland13.916.36.67.3-19.3%
Norway2.83.65.45.626.0%
South Africa4.73.37.54.3-2.9%
Germany44.038.116.53.5-57.0%
United Arab Emirates0.60.51.12.969.1%
Sweden24.428.53.71.9-57.3%
United States1.51.00.71.1-9.8%
Spain14.711.32.10.9-60.6%
Denmark8.28.91.10.3-66.8%
Italy7.55.81.00.2-70.1%
Belgium5.45.12.7N/A-29.3%
Others30.930.214.68.2-35.7%
Total214195178134-14.4%

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

  1. Netherlands (506.2K units)
  2. France (476.4K units)
  3. Ireland (53.7K units)
  4. South Africa (34.2K units)
  5. Norway (32.1K units)
  6. United Arab Emirates (31.1K units)
  7. Germany (20.2K units)
  8. United States (18.9K units)
  9. Sweden (7.7K units)
  10. Spain (5.5K units)
  11. Denmark (2.9K units)
  12. Italy (1.0K units)
  13. Belgium (0.6K units)

Golf Clubs; Complete Imports in the UK

In 2022, the amount of golf clubs; completes imported into the UK rose notably to 2.8M units, picking up by 12% against the previous year's figure. The total import volume increased at an average annual rate of +8.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 33%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, golf clubs; complete imports amounted to $103M in 2022. Overall, imports, however, showed a noticeable shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 24% against the previous year. Over the period under review, imports reached the peak figure at $115M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Golf Clubs; Complete in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China83.547.864.072.2-4.7%
Vietnam14.714.913.213.0-4.0%
Taiwan (Chinese)5.411.314.98.315.4%
United States5.64.66.15.81.2%
Others5.43.23.33.3-15.1%
Total11581.9102103-3.6%

Top Suppliers of Golf Clubs; Complete to the UK in 2022:

  1. China (2029.6K units)
  2. Vietnam (187.1K units)
  3. Taiwan (Chinese) (59.7K units)
  4. United States (49.8K units)
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