Golf Clubs; Complete Price in Australia - 2023
Contents:
- Golf Clubs; Complete Price in Australia (CIF) - 2023
- Golf Clubs; Complete Price in Australia (FOB) - 2023
- Golf Clubs; Complete Imports in Australia
- Golf Clubs; Complete Exports in Australia
Golf Clubs; Complete Price in Australia (CIF) - 2023
The average golf clubs; complete import price stood at $64.2 per unit in August 2023, which is down by -29.8% against the previous month. Overall, the import price recorded a mild contraction. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 51% m-o-m. The import price peaked at $106 per unit in January 2023; however, from February 2023 to August 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($130 per unit), while the price for China ($43.6 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 Vietnam (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Golf Clubs; Complete Price in Australia (FOB) - 2023
The average golf clubs; complete export price stood at $39.9 per unit in August 2023, increasing by 9.9% against the previous month. Over the period under review, export price indicated a moderate expansion from August 2022 to August 2023: its price increased at an average monthly rate of +2.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, golf clubs; complete export price increased by +56.7% against June 2023 indices. The pace of growth appeared the most rapid in December 2022 an increase of 124% m-o-m. As a result, the export price reached the peak level of $41.0 per unit. From January 2023 to August 2023, the the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for New Zealand.
From August 2022 to August 2023, the rate of growth in terms of prices for New Zealand amounted to +2.9% per month.
Golf Clubs; Complete Imports in Australia
In 2022, golf clubs; complete imports into Australia surged to 1.1M units, growing by 57% compared with 2021 figures. Over the period under review, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, golf clubs; complete imports skyrocketed to $72M in 2022. Overall, imports posted a significant increase. The growth pace was the most rapid in 2021 when imports increased by 41% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Golf Clubs; Complete in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 16.2 | 15.9 | 28.4 | 36.4 | 31.0% |
| United States | 8.4 | 10.1 | 9.0 | 15.2 | 21.9% |
| Vietnam | 2.6 | 4.1 | 4.4 | 9.4 | 53.5% |
| Taiwan (Chinese) | 1.0 | 2.9 | 4.2 | 5.4 | 75.4% |
| Japan | 3.7 | 2.8 | 3.9 | 5.0 | 10.6% |
| Others | 0.5 | 0.7 | 1.5 | 0.6 | 6.3% |
| Total | 32.2 | 36.5 | 51.5 | 72.0 | 30.8% |
Top Suppliers of Golf Clubs; Complete to Australia in 2022:
- China (323.0K units)
- United States (134.4K units)
- Vietnam (83.5K units)
- Taiwan (Chinese) (48.0K units)
- Japan (44.7K units)
Golf Clubs; Complete Exports in Australia
In 2022, exports of golf clubs; completes from Australia soared to 183K units, growing by 91% against 2021. In general, exports continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 103% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, golf clubs; complete exports surged to $10M in 2022. Overall, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Golf Clubs; Complete in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 2.1 | 3.4 | 5.6 | 9.4 | 64.8% |
| United States | 0.4 | 0.2 | 0.2 | 0.5 | 7.7% |
| Japan | 0.1 | 0.2 | N/A | N/A | 100.0% |
| Others | 0.2 | 0.3 | 0.3 | 0.3 | 14.5% |
| Total | 2.9 | 4.1 | 6.2 | 10.2 | 52.1% |
Top Export Markets for Golf Clubs; Complete from Australia in 2022:
- Japan (undefinedK units)
- New Zealand (71.0K units)
- United States (3.5K units)
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