Golf Clubs; Complete Price in Kuwait - 2021

Contents:

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

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

The average golf clubs; complete import price stood at $62,009 per ton in 2022, waning by -15.6% against the previous year. Overall, the import price continues to indicate a perceptible contraction. The pace of growth was the most pronounced in 2018 an increase of 53% against the previous year. The import price peaked at $80,221 per ton in 2012; however, from 2013 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 Arab Emirates ($256,818 per ton), while the price for Pakistan ($6,746 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+11.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average golf clubs; complete export price amounted to $19,840 per ton, dropping by -9.4% against the previous year. In general, the export price showed a abrupt contraction. The pace of growth appeared the most rapid in 2014 when the average export price increased by 391% against the previous year. Over the period under review, the average export prices reached the peak figure at $58,741 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($26,787 per ton), while the average price for exports to Thailand totaled $11,967 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (-9.4%).

Golf Clubs; Complete Imports in Kuwait

In 2022, approx. 907 kg of golf clubs; completes were imported into Kuwait; increasing by 4% compared with 2021. Over the period under review, imports recorded a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 74%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the near future.

In value terms, golf clubs; complete imports dropped to $56K in 2022. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 60% against the previous year.

Import of Golf Clubs; Complete in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom1.715.618.515.5108.9%
Turkey5.79.111.511.526.4%
United Arab Emirates5.83.110.18.513.6%
Vietnam4.16.58.28.226.0%
China4.76.98.26.913.7%
Pakistan1.40.70.10.8-17.0%
Thailand0.50.70.70.66.3%
Others6.45.86.84.4-11.7%
Total30.248.564.056.223.0%

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

  1. China (353.0 kg)
  2. Turkey (172.0 kg)
  3. Pakistan (114.0 kg)
  4. United Kingdom (98.0 kg)
  5. Vietnam (48.0 kg)
  6. United Arab Emirates (33.0 kg)
  7. Thailand (24.0 kg)

Golf Clubs; Complete Exports in Kuwait

In 2022, shipments abroad of golf clubs; completes decreased by -19% to 256 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 163% against the previous year. As a result, the exports attained the peak of 316 kg, and then shrank significantly in the following year.

In value terms, golf clubs; complete exports dropped remarkably to $5.1K in 2022. In general, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 114%. As a result, the exports reached the peak of $6.9K, and then reduced markedly in the following year.

Export of Golf Clubs; Complete in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea1.11.11.33.648.5%
Thailand0.40.40.51.451.8%
SwitzerlandN/A1.5N/AN/A0%
United Arab EmiratesN/AN/A5.2N/A0%
Others0.40.3N/AN/A-25.0%
Total1.93.26.95.139.0%

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

  1. South Korea (136.0 kg)
  2. Thailand (120.0 kg)
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