Golf Clubs; Complete Price in India - 2023

Contents:

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

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

In 2022, the average golf clubs; complete import price amounted to $126 per unit, picking up by 14% against the previous year. Over the period under review, the import price saw a buoyant expansion. The pace of growth was the most pronounced in 2020 an increase of 75%. The import price peaked in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average golf clubs; complete export price amounted to $53 per unit, falling by -9.5% against the previous year. Over the period under review, the export price, however, continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2015 an increase of 131%. As a result, the export price reached the peak level of $96 per unit. From 2016 to 2022, the average export prices remained at a lower figure.

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 the United Arab Emirates ($132 per unit), while the average price for exports to Bhutan ($13 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 Sweden (+20.6%), while the prices for the other major destinations experienced more modest paces of growth.

Golf Clubs; Complete Imports in India

In 2022, approx. 35K units of golf clubs; completes were imported into India; growing by 8.9% against 2021. In general, imports, however, continue to indicate a deep reduction. The pace of growth was the most pronounced in 2021 when imports increased by 102% against the previous year. Over the period under review, imports hit record highs at 46K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, golf clubs; complete imports soared to $4.5M in 2022. Overall, imports recorded a significant increase. The growth pace was the most rapid in 2021 when imports increased by 135%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

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

1. China (14.4K units)
2. United States (12.5K units)
3. Singapore (4.3K units)
4. Vietnam (3.2K units)
5. Malaysia (2.9K units)
6. Taiwan (Chinese) (1.7K units)
7. Hong Kong SAR (0.1K units)

Golf Clubs; Complete Exports in India

In 2022, golf clubs; complete exports from India declined significantly to 198 units, shrinking by -90.3% compared with the year before. In general, exports showed a significant decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 389%. As a result, the exports attained the peak of 2K units, and then dropped rapidly in the following year.

In value terms, golf clubs; complete exports reduced markedly to $10K in 2022. Over the period under review, exports continue to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 394%. As a result, the exports reached the peak of $119K, and then fell notably in the following year.

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

1. Sri Lanka (62.0 units)
2. United Arab Emirates (11.0 units)
3. Sweden (4.0 units)