Golf Clubs; Complete Price in Malaysia - 2021
Contents:
- Golf Clubs; Complete Price in Malaysia (CIF) - 2022
- Golf Clubs; Complete Price in Malaysia (FOB) - 2022
- Golf Clubs; Complete Imports in Malaysia
- Golf Clubs; Complete Exports in Malaysia
Golf Clubs; Complete Price in Malaysia (CIF) - 2022
In 2022, the average golf clubs; complete import price amounted to $54 per unit, falling by -9.7% against the previous year. In general, the import price saw a pronounced decline. The most prominent rate of growth was recorded in 2013 when the average import price increased by 37%. Over the period under review, average import prices attained the peak figure at $106 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($163 per unit), while the price for China ($63 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Golf Clubs; Complete Price in Malaysia (FOB) - 2022
In 2022, the average golf clubs; complete export price amounted to $108 per unit, increasing by 2.6% against the previous year. Over the period under review, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +6.4% 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 export price increased by +68.7% against 2018 indices. The growth pace was the most rapid in 2021 when the average export price increased by 42% against the previous year. The export price peaked at $114 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($160 per unit), while the average price for exports to Thailand ($26 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 Australia (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.
Golf Clubs; Complete Imports in Malaysia
For the fourth year in a row, Malaysia recorded growth in overseas purchases of golf clubs; completes, which increased by 22% to 306K units in 2022. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 45% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, golf clubs; complete imports rose rapidly to $17M in 2022. The total import value increased at an average annual rate of +7.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 32% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the immediate term.
| Import of Golf Clubs; Complete in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 6.7 | 6.0 | 9.0 | 7.8 | 5.2% |
| China | 2.9 | 3.2 | 3.4 | 3.6 | 7.5% |
| Hong Kong SAR | 1.4 | 0.6 | 1.0 | 1.1 | -7.7% |
| Taiwan (Chinese) | 0.7 | 0.2 | 0.6 | 0.5 | -10.6% |
| Singapore | 0.1 | 0.1 | 0.4 | 0.5 | 71.0% |
| Vietnam | 0.5 | 0.6 | 0.4 | 0.5 | 0.0% |
| United States | 0.9 | 1.5 | 1.7 | 0.4 | -23.7% |
| Others | 0.2 | -0.8 | -1.6 | 2.2 | 122.4% |
| Total | 13.4 | 11.3 | 15.0 | 16.5 | 7.2% |
Top Suppliers of Golf Clubs; Complete to Malaysia in 2022:
- China (56.1K units)
- Japan (47.8K units)
- Hong Kong SAR (7.0K units)
- Taiwan (Chinese) (3.7K units)
- Vietnam (3.3K units)
- Singapore (3.0K units)
- United States (2.2K units)
Golf Clubs; Complete Exports in Malaysia
In 2022, the amount of golf clubs; completes exported from Malaysia surged to 51K units, rising by 240% against the previous year. Overall, exports, however, recorded a abrupt decline. Over the period under review, the exports attained the peak figure at 73K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, golf clubs; complete exports soared to $5.5M in 2022. In general, exports showed a tangible expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Golf Clubs; Complete in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 571 | 119 | 1,417 | 819 | 12.8% |
| Singapore | 1,212 | 151 | 1,179 | 692 | -17.0% |
| Vietnam | 892 | 177 | 881 | 509 | -17.1% |
| United Arab Emirates | 500 | 124 | 704 | 486 | -0.9% |
| Myanmar | 477 | 116 | 531 | 337 | -10.9% |
| Pakistan | 506 | 109 | 195 | 231 | -23.0% |
| India | 195 | 33.6 | 271 | 164 | -5.6% |
| Philippines | 329 | 55.3 | 411 | 94.1 | -34.1% |
| Others | 476 | 94.8 | -4,009.8 | 2,181 | 66.1% |
| Total | 5,158 | 980 | 1,580 | 5,513 | 2.2% |
Top Export Markets for Golf Clubs; Complete from Malaysia in 2022:
- Indonesia (5.8K units)
- Singapore (4.8K units)
- United Arab Emirates (4.6K units)
- Vietnam (3.6K units)
- Myanmar (2.3K units)
- Pakistan (1.6K units)
- India (1.4K units)
- Philippines (0.8K units)
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