Golf Clubs; Complete Price in Vietnam - 2021
Contents:
- Golf Clubs; Complete Price in Vietnam (FOB) - 2022
- Golf Clubs; Complete Price in Vietnam (CIF) - 2022
- Golf Clubs; Complete Exports in Vietnam
- Golf Clubs; Complete Imports in Vietnam
Golf Clubs; Complete Price in Vietnam (FOB) - 2022
In 2022, the average golf clubs; complete export price amounted to $113,705 per ton, increasing by 5% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2018 when the average export price increased by 13%. Over the period under review, the average export prices reached the maximum at $122,617 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
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 South Africa ($126,131 per ton), while the average price for exports to the UK ($77,763 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.
Golf Clubs; Complete Price in Vietnam (CIF) - 2022
The average golf clubs; complete import price stood at $119,886 per ton in 2022, reducing by -4.5% against the previous year. Overall, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.2% 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 increased by +37.8% against 2017 indices. The most prominent rate of growth was recorded in 2015 an increase of 23% against the previous year. The import price peaked at $125,481 per ton in 2021, and then contracted in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($143,687 per ton), while the price for China ($60,284 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Golf Clubs; Complete Exports in Vietnam
In 2022, shipments abroad of golf clubs; completes decreased by -7.7% to 574 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +16.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 45%.
In value terms, golf clubs; complete exports declined slightly to $65M in 2022. The total export value increased at an average annual rate of +13.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 40%.
| Export of Golf Clubs; Complete in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 16.7 | 26.9 | 26.9 | 24.9 | 14.2% |
| Japan | 12.8 | 14.7 | 13.7 | 12.2 | -1.6% |
| United Kingdom | 5.8 | 6.5 | 8.8 | 9.9 | 19.5% |
| South Korea | 2.2 | 4.1 | 5.6 | 4.7 | 28.8% |
| Australia | 1.5 | 2.1 | 2.5 | 2.2 | 13.6% |
| South Africa | 0.5 | 0.4 | 0.6 | 1.8 | 53.3% |
| Canada | 0.1 | 0.8 | 1.6 | 1.4 | 141.0% |
| China | 0.8 | 1.5 | 1.4 | 1.4 | 20.5% |
| Others | 4.6 | 6.2 | 6.1 | 6.9 | 14.5% |
| Total | 45.0 | 63.2 | 67.4 | 65.3 | 13.2% |
Top Export Markets for Golf Clubs; Complete from Vietnam in 2022:
- United States (199.6 tons)
- United Kingdom (127.9 tons)
- Japan (97.7 tons)
- South Korea (40.9 tons)
- Australia (18.1 tons)
- South Africa (14.1 tons)
- Canada (10.9 tons)
- China (10.9 tons)
Golf Clubs; Complete Imports in Vietnam
In 2022, overseas purchases of golf clubs; completes decreased by -13.1% to 124 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +18.7% 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 +67.4% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 42%.
In value terms, golf clubs; complete imports declined remarkably to $15M in 2022. Overall, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 51%. As a result, imports reached the peak of $18M, and then fell notably in the following year.
| Import of Golf Clubs; Complete in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 5.7 | 7.5 | 13.4 | 12.0 | 28.2% |
| China | 1.8 | 3.0 | 3.0 | 1.9 | 1.8% |
| United States | 0.7 | 0.6 | 0.8 | 0.1 | -47.7% |
| Others | 0.4 | 0.7 | 0.7 | 0.8 | 26.0% |
| Total | 8.6 | 11.8 | 17.9 | 14.8 | 19.8% |
Top Suppliers of Golf Clubs; Complete to Vietnam in 2022:
- Japan (86.6 tons)
- China (31.3 tons)
- United States (0.8 tons)
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