Golf Clubs; Complete Price in Myanmar - 2022

Contents:

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

Golf Clubs; Complete Price in Myanmar (CIF) - 2022

In 2022, the average golf clubs; complete import price amounted to $190 per unit, rising by 22% against the previous year. Over the period under review, the import price continues to indicate prominent growth. The pace of growth appeared the most rapid in 2019 an increase of 192% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Malaysia ($114 per unit) and Vietnam ($113 per unit), while the price for Thailand ($108 per unit) and the United States ($113 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Golf Clubs; Complete Price in Myanmar (FOB) - 2022

The average golf clubs; complete export price stood at $38 per unit in 2022, with a decrease of -43.1% against the previous year. In general, the export price recorded a sharp slump. The most prominent rate of growth was recorded in 2020 when the average export price decreased by -8.8% against the previous year. Over the period under review, the average export prices reached the peak figure at $80 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($169 per unit), while the average price for exports to Japan totaled $124 per unit.

From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (-11.7%).

Golf Clubs; Complete Imports in Myanmar

In 2022, approx. 8.5K units of golf clubs; completes were imported into Myanmar; which is down by -5.3% compared with 2021. Overall, imports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2021 when imports increased by 11% against the previous year. Imports peaked at 12K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, golf clubs; complete imports surged to $1.6M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +11.9% 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 +43.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 24%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Top Suppliers of Golf Clubs; Complete to Myanmar in 2022:

1. Thailand (undefinedK units)
2. China (5.7K units)
3. Japan (5.2K units)
4. Vietnam (1.9K units)
5. Taiwan (Chinese) (1.2K units)
6. United States (0.5K units)

Golf Clubs; Complete Exports in Myanmar

Golf clubs; complete exports from Myanmar soared to 21 units in 2022, rising by 320% compared with 2021 figures. In general, exports saw significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 58,100% against the previous year. As a result, the exports attained the peak of 582 units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, golf clubs; complete exports soared to $789 in 2022. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 52,969% against the previous year. As a result, the exports reached the peak of $42K. From 2021 to 2022, the growth of the exports remained at a lower figure.

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

1. Japan (5.0 units)
2. Taiwan (Chinese) (1.0 units)