Would seem to me, from my observations locally, that demand for clubs has gone up ever since the pandemic. No, I'm not getting political. Local courses have been getting lots of new, young players, tee sheets are full and there are young adults (male and female) who took up the game in 2020 and got the golf bug (it's different than the China Flu). Demand drives prices... My club are old and non-perishable goods, unlike my game which is perishable.