Golf Clubs; Complete Price in the United States - 2023
Contents:
- Golf Clubs; Complete Price in the United States (CIF) - 2023
- Golf Clubs; Complete Price in the United States (FOB) - 2023
- Golf Clubs; Complete Imports in the United States
- Golf Clubs; Complete Exports in the United States
Golf Clubs; Complete Price in the United States (CIF) - 2023
The average golf clubs; complete import price stood at $53.1 per unit in August 2023, surging by 12% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +3.5%. The most prominent rate of growth was recorded in November 2022 an increase of 27% m-o-m. The import price peaked at $58.2 per unit in March 2023; however, from April 2023 to August 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Mexico ($108 per unit), while the price for China ($31.3 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Golf Clubs; Complete Price in the United States (FOB) - 2023
In August 2023, the average golf clubs; complete export price amounted to $153 per unit, with a decrease of -4.3% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 when the average export price increased by 20% m-o-m. As a result, the export price reached the peak level of $191 per unit. From April 2023 to August 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 the Netherlands ($194 per unit), while the average price for exports to Mexico ($113 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.
Golf Clubs; Complete Imports in the United States
In 2022, golf clubs; complete imports into the United States rose sharply to 15M units, with an increase of 5.9% compared with the previous year's figure. The total import volume increased at an average annual rate of +10.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, golf clubs; complete imports rose significantly to $669M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +13.6% 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 +56.8% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 36% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
Import of Golf Clubs; Complete in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 289 | 182 | 234 | 289 | 0.0% |
Vietnam | 42.3 | 93.0 | 133 | 171 | 59.3% |
Mexico | 76.0 | 75.0 | 89.4 | 105 | 11.4% |
Taiwan (Chinese) | 30.5 | 64.7 | 116 | 93.5 | 45.3% |
Others | 17.4 | 11.9 | 8.8 | 9.3 | -18.8% |
Total | 456 | 426 | 582 | 669 | 13.6% |
Top Suppliers of Golf Clubs; Complete to the United States in 2022:
- China (6.1M units)
- Vietnam (2.7M units)
- Mexico (0.9M units)
- Taiwan (Chinese) (0.8M units)
Golf Clubs; Complete Exports in the United States
Golf clubs; complete exports from the United States surged to 1.8M units in 2022, picking up by 17% compared with the year before. The total export volume increased at an average annual rate of +7.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 23%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the near future.
In value terms, golf clubs; complete exports surged to $255M in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +13.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 32%. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Golf Clubs; Complete in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 43.1 | 44.6 | 59.2 | 92.3 | 28.9% |
Canada | 69.5 | 50.1 | 75.4 | 84.8 | 6.9% |
Japan | 28.0 | 25.4 | 25.0 | 23.3 | -5.9% |
Australia | 8.2 | 11.0 | 8.5 | 14.3 | 20.4% |
United Kingdom | 5.9 | 4.8 | 7.1 | 8.9 | 14.7% |
Hong Kong SAR | 2.2 | 2.7 | 3.9 | 4.5 | 26.9% |
Netherlands | 2.5 | 1.9 | 3.2 | 4.1 | 17.9% |
Mexico | 5.4 | 2.8 | 5.5 | 3.4 | -14.3% |
Others | 11.7 | 10.5 | 15.7 | 19.8 | 19.2% |
Total | 176 | 154 | 203 | 255 | 13.2% |
Top Export Markets for Golf Clubs; Complete from the United States in 2022:
- South Korea (691.2K units)
- Canada (349.7K units)
- Japan (174.6K units)
- Australia (51.1K units)
- Hong Kong SAR (33.6K units)
- United Kingdom (31.7K units)
- Netherlands (30.4K units)
- Mexico (9.3K units)
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