yes, unfortunately shipping from that region of the world is ungodly expensive. I can't figure out why.
lots of great products from vendors there that are reasonably priced, but by the time you add in shipping, they usually lose the price advantage. Fortunately, in this product's case, there are no reasonable alternatives that I've found to relocate the pegs and even with the high shipping involved, it is a reasonable solution, in terms of cost vs concept, in my eyes.