"Buy Golf Balls and Golf Clubs Domestically"
Korea Consumer Agency Investigates Prices of 24 Products from 13 Golf Equipment Brands
"Domestic Golf Balls and Clubs Cheaper, Golf Shoes More Affordable via Overseas Direct Purchase"
[Asia Economy Reporter No Woo-rae] Golf balls and golf clubs were cheaper to purchase domestically.
This is the result of a price survey conducted by the Korea Consumer Agency on 24 products from 13 golf equipment brands on the 4th. The survey period was from August 29 to September 2. The exchange rates applied were the Korea Customs Service announced rates during this period: 1 USD = 1,349.93 KRW, 1 JPY = 9.8565 KRW.
In the case of golf clubs, even after adding shipping agency fees and customs and value-added taxes, the domestic purchase price was cheaper for 11 out of 14 products. Among 14 products including drivers (PXG, TaylorMade, Callaway, XXIO, Yamaha), putters (PXG, Titleist, TaylorMade, Callaway, Cleveland), and iron sets (PXG, Titleist, TaylorMade, Callaway), only three PXG products were 16.6% to 38.9% cheaper when purchased directly from overseas.
For golf balls, all six products (Titleist Pro V1, TaylorMade TP5X PIX, Callaway Chrome Soft, Srixon Z-Star 7, Bridgestone TOUR B JGR, Bridgestone TOUR B XS) were more expensive when purchased directly from overseas compared to domestic prices.
Golf shoes were often found to be cheaper when purchased directly from overseas. Among four products (Ecco, FootJoy, G/FORE, Nike), only Nike was cheaper domestically. The other three products?Ecco, FootJoy, and G/FORE?were 8.3% to 11.8% cheaper when purchased directly from overseas.
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Recently, due to the rise in the KRW/USD exchange rate, prices for direct purchases from the U.S. have increased compared to a year ago, but due to the weak yen phenomenon, prices for Japanese products have decreased.
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