Golf Clubs; Complete Price in Israel - 2023
Contents:
Golf Clubs; Complete Price in Israel (CIF) - 2022
In 2022, the average golf clubs; complete import price amounted to $117 per unit, growing by 8.6% against the previous year. Overall, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.5% 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 increased by +51.7% against 2017 indices. The pace of growth was the most pronounced in 2015 an increase of 44% against the previous year. The import price peaked at $152 per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($113 per unit) and the United States ($113 per unit), while the price for Latvia ($111 per unit) and Taiwan (Chinese) ($111 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Golf Clubs; Complete Imports in Israel
In 2022, purchases abroad of golf clubs; completes decreased by -3.4% to 540 units, falling for the second consecutive year after two years of growth. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 63% against the previous year. As a result, imports attained the peak of 907 units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, golf clubs; complete imports rose significantly to $63K in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +5.3% 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 decreased by -25.0% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 56% against the previous year. As a result, imports reached the peak of $84K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Golf Clubs; Complete in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 8.2 | 25.8 | 26.1 | 25.0 | 45.0% |
| United States | 31.0 | 47.0 | 13.1 | 24.0 | -8.2% |
| China | 0.9 | 2.8 | 4.7 | 7.0 | 98.1% |
| Taiwan (Chinese) | N/A | N/A | N/A | 2.0 | 0% |
| Mexico | 9.1 | 4.6 | 6.5 | 1.0 | -52.1% |
| Latvia | N/A | N/A | N/A | 1.0 | 0% |
| Vietnam | N/A | N/A | N/A | 1.0 | 0% |
| France | 1.2 | 1.0 | 0.9 | N/A | -13.4% |
| Others | 3.6 | 2.8 | 8.7 | 2.0 | -17.8% |
| Total | 54.0 | 84.0 | 60.0 | 63.0 | 5.3% |
Top Suppliers of Golf Clubs; Complete to Israel in 2022:
- United Kingdom (222.0 units)
- United States (213.0 units)
- China (62.0 units)
- Taiwan (Chinese) (18.0 units)
- Mexico (9.0 units)
- Latvia (9.0 units)
- Vietnam (9.0 units)
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