Which Country Exports the Most Golf Clubs and Golf Equipment in the World?

In 2016, approx. 3.1M tonnes of golf equipment were exported worldwide; moving up by 3% against the previous year figure. The total export volume increased at an average annual rate of +1.6% from 2007 to 2016; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed over the period under review. The growth pace was the most rapid in 2010, when exports increased by 40% year-to-year. Over the period under review, global golf equipment exports reached its maximum volume of 3.2M tonnes in 2013; however, from 2014 to 2016, it failed to regain its strength.

In value terms, golf equipment exports stood at $22B in 2016. The total export value increased at an average annual rate of +2.4% from 2007 to 2016; the trend pattern indicated some noticeable fluctuations throughout the analyzed period. Global golf equipment export peaked of $24B in 2014; however, from 2015 to 2016, it failed to regain its strength.

Top Golf Equipment Exporting Countries in the World

1. China (9.2 billion USD)

2. USA (1.9 billion USD)

3. Germany (1.0 billion USD)

4. Italy (0.9 billion USD)

5. Netherlands (0.8 billion USD)

6. France (0.6 billion USD)

7. Belgium (0.5 billion USD)

8. Spain (0.4 billion USD)

Golf Equipment Exports By Country

China (2.1M tonnes) dominates in golf equipment exports structure, recording 2.1M tonnes, which was near 66% of total exports in 2016. It was distantly followed by the U.S. (154K tonnes), achieving 5% share of total golf equipment exports. Germany (93K tonnes), Italy (79K tonnes), France (75K tonnes), the Netherlands (74K tonnes), Spain (67K tonnes), and Belgium (59K tonnes) followed a long way behind this figure.

From 2007 to 2016, average annual rates of growth with regard to golf equipment exports from China stood at +1.8%. At the same time, the Netherlands (+11.0%), Spain (+8.6%), Germany (+2.9%), and Italy (+2.9%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest growing importer/exporter in the world, with a CAGR of +11.0% from 2007-2016. France experienced a relatively flat trend pattern. By contrast, the U.S. (-1.9%), and Belgium (-4.2%) illustrated a downward trend over the same period. From 2007 to 2016, the share of China decreased by -9.9% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($9.2B) remains the largest golf equipment supplier in the world, making up 42% of global exports. The second position in the ranking was occupied by the U.S. ($1.9B), with the share of 9% of global exports. It was followed by Germany, with the share of 5%.

In China, golf equipment exports stood at an average annual rate of +4.7% over the period from 2007-2016. The remaining exporting countries recorded the following average annual rates: the U.S. (-0.5% per year) and Germany (+3.7% per year).

Golf Equipment Export Prices By Country

In 2016, the average export price for golf equipment amounted to $6,960 per tonne, coming down by -6.6% against the previous year. Overall, golf equipment export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008, when export price increased by 10% against the previous year level. Over the period under review, average golf equipment export price reached its maximum level of $7,796 per tonne in 2014; however, from 2015 to 2016, it stood at a somewhat lower level.

Export prices varied noticeably by country of destination. the country with the highest export prices was the U.S. ($13 per kg), while China ($4,483 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of golf equipment export prices was attained by Belgium (+4.8% per year), while the other global leaders experienced more modest paces of growth.

Do you want to know more about global golf equipment market? Get the latest trends and insight from our report. It includes a wide range of statistics on

• golf equipment market share
• golf equipment prices
• golf equipment industry
• golf equipment sales
• golf equipment import
• golf equipment export
• golf equipment market forecast
• golf equipment price forecast
• key golf equipment producers

All data provided in this article covers the following product: HS Code 9506 - Gymnastics, athletics, other sports (including table tennis) or outdoor games equipment, n.e.c. in this chapter, swimming pools and paddling pools.

Source: World: Golf Clubs And Other Golf Equipment - Market Report. Analysis and Forecast to 2025