Golf Clubs; Complete Price in Sri Lanka - 2021
Contents:
- Golf Clubs; Complete Price in Sri Lanka (CIF) - 2022
- Golf Clubs; Complete Price in Sri Lanka (FOB) - 2022
- Golf Clubs; Complete Imports in Sri Lanka
- Golf Clubs; Complete Exports in Sri Lanka
Golf Clubs; Complete Price in Sri Lanka (CIF) - 2022
In 2022, the average golf clubs; complete import price amounted to $72 per unit, increasing by 13% against the previous year. Over the period under review, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.6% 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 decreased by -19.4% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 80%. The import price peaked at $90 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Japan ($116 per unit) and India ($113 per unit), while the price for the United Arab Emirates ($106 per unit) and Vietnam ($108 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+64.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Golf Clubs; Complete Price in Sri Lanka (FOB) - 2022
In 2022, the average golf clubs; complete export price amounted to $148 per unit, with an increase of 59% against the previous year. Overall, the export price posted a resilient expansion. The pace of growth was the most pronounced in 2014 when the average export price increased by 195%. The export price peaked in 2022 and is likely to see gradual growth in years to come.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Jordan ($135 per unit), while the average price for exports to Australia ($106 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 Switzerland (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.
Golf Clubs; Complete Imports in Sri Lanka
In 2022, after three years of growth, there was significant decline in purchases abroad of golf clubs; completes, when their volume decreased by -77.7% to 279 units. Overall, imports continue to indicate a dramatic shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 24% against the previous year. Imports peaked at 1.3K units in 2021, and then declined notably in the following year.
In value terms, golf clubs; complete imports shrank rapidly to $20K in 2022. In general, imports saw a dramatic setback. The pace of growth was the most pronounced in 2020 when imports increased by 37%. As a result, imports attained the peak of $102K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Golf Clubs; Complete in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 3.9 | 7.3 | 7.7 | 9.7 | 35.5% |
| United States | 3.6 | 1.7 | 5.2 | 3.5 | -0.9% |
| China | 8.1 | 8.7 | 8.1 | 2.5 | -32.4% |
| Japan | 1.1 | 7.1 | 3.6 | 2.1 | 24.1% |
| United Kingdom | 3.2 | 0.4 | 2.7 | 0.9 | -34.5% |
| United Arab Emirates | 2.1 | 1.2 | 3.9 | 0.8 | -27.5% |
| Vietnam | N/A | N/A | N/A | 0.6 | 0% |
| Germany | 46.0 | 67.1 | 42.6 | N/A | -3.8% |
| Others | 6.1 | 8.3 | 6.1 | 0.1 | -74.6% |
| Total | 74.1 | 102 | 80.0 | 20.2 | -35.2% |
Top Suppliers of Golf Clubs; Complete to Sri Lanka in 2022:
- India (86.0 units)
- United States (31.0 units)
- China (22.0 units)
- Japan (18.0 units)
- United Arab Emirates (8.0 units)
- United Kingdom (8.0 units)
- Vietnam (6.0 units)
Golf Clubs; Complete Exports in Sri Lanka
In 2022, golf clubs; complete exports from Sri Lanka contracted significantly to 13 units, waning by -43.5% against 2021 figures. In general, exports saw a sharp reduction. The pace of growth appeared the most rapid in 2021 with an increase of 64% against the previous year. The exports peaked at 72 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, golf clubs; complete exports fell to $1.9K in 2022. Over the period under review, exports continue to indicate a precipitous shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 132%. The exports peaked at $4.7K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Golf Clubs; Complete in Sri Lanka (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Jordan | N/A | N/A | N/A | 1,487 | 0% |
| Switzerland | N/A | N/A | N/A | 231 | 0% |
| Australia | 131 | 193 | 377 | 211 | 17.2% |
| Thailand | 33.0 | 60.0 | 178 | N/A | 132.2% |
| South Korea | 8.0 | 31.0 | 107 | N/A | 265.7% |
| Germany | 30.0 | 81.0 | 292 | N/A | 212.0% |
| Japan | 72.0 | 202 | 747 | N/A | 222.1% |
| Indonesia | N/A | N/A | 112 | N/A | 0% |
| Singapore | 112 | 201 | 327 | N/A | 70.9% |
| Others | 4,315 | 158 | 9.0 | N/A | -95.4% |
| Total | 4,701 | 926 | 2,149 | 1,929 | -25.7% |
Top Export Markets for Golf Clubs; Complete from Sri Lanka in 2022:
- Jordan (11.0 units)
- Switzerland (2.0 units)
- Australia (2.0 units)
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