Golf Clubs; Complete Price in Bulgaria - 2023

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

In 2022, the average golf clubs; complete import price amounted to $77 per unit, almost unchanged from the previous year. Overall, the import price, however, showed a mild slump. The most prominent rate of growth was recorded in 2019 an increase of 550% against the previous year. The import price peaked at $254 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($176 per unit), while the price for Spain ($25 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+44.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average golf clubs; complete export price amounted to $1.1 per unit, approximately equating the previous year. In general, the export price showed a dramatic decrease. The growth pace was the most rapid in 2020 a decrease of 99.9%. Over the period under review, the average export prices reached the peak figure at $3,395 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Serbia.

From 2013 to 2022, the rate of growth in terms of prices for Georgia amounted to +125.0% per year.

Golf Clubs; Complete Imports in Bulgaria

In 2022, purchases abroad of golf clubs; completes decreased by -32.5% to 357 units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 270% against the previous year. As a result, imports attained the peak of 529 units, and then dropped markedly in the following year.

In value terms, golf clubs; complete imports shrank dramatically to $27K in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +9.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 73%. Imports peaked at $41K in 2021, and then declined sharply in the following year.

Import of Golf Clubs; Complete in Bulgaria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Romania	0.9	1.9	5.6	2.6	42.4%
China	N/A	0.7	0.6	0.7	0.0%
Poland	N/A	N/A	N/A	0.5	0%
Germany	N/A	8.9	8.0	0.4	-78.8%
Spain	N/A	0.3	N/A	0.4	15.5%
United States	1.4	2.9	1.3	0.3	-40.2%
United Kingdom	17.7	20.1	15.6	N/A	-6.1%
Greece	N/A	N/A	0.7	N/A	0%
Netherlands	N/A	N/A	4.8	N/A	0%
Others	1.1	1.5	3.8	22.6	173.9%
Total	21.0	36.3	40.5	27.5	9.4%

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

Romania (57.0 units)
China (21.0 units)
Spain (15.0 units)
Poland (3.0 units)
United States (3.0 units)
Germany (3.0 units)

Golf Clubs; Complete Exports in Bulgaria

In 2022, after two years of decline, there was decline in overseas shipments of golf clubs; completes, when their volume decreased by 0% to 1.3K units. Overall, exports enjoyed significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, golf clubs; complete exports amounted to $1.5K in 2022. Over the period under review, exports enjoyed a resilient increase. The smallest decline of 99.9% was in 2020. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.