Colombia - Golf Clubs And Other Golf Equipment - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGolf Equipment Price in Colombia - 2022
Contents:
- Golf Equipment Price in Colombia (CIF) - 2022
- Golf Equipment Price in Colombia (FOB) - 2022
- Golf Equipment Imports in Colombia
- Golf Equipment Exports in Colombia
Golf Equipment Price in Colombia (CIF) - 2022
The average golf equipment import price stood at $19,120 per ton in 2022, dropping by -12.9% against the previous year. In general, the import price continues to indicate a pronounced contraction. The growth pace was the most rapid in 2020 an increase of 27%. The import price peaked at $27,941 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($39,351 per ton), while the price for Peru ($600 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Golf Equipment Price in Colombia (FOB) - 2022
In 2022, the average golf equipment export price amounted to $14,480 per ton, rising by 23% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2020 when the average export price increased by 98%. The export price peaked at $29,520 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($177,000 per ton), while the average price for exports to the Dominican Republic ($2,111 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+24.5%), while the prices for the other major destinations experienced more modest paces of growth.
Golf Equipment Imports in Colombia
In 2022, approx. 22 tons of golf clubs and other golf equipment were imported into Colombia; shrinking by -9% against the previous year. Over the period under review, imports saw a abrupt contraction. The growth pace was the most rapid in 2021 when imports increased by 53% against the previous year.
In value terms, golf equipment imports shrank notably to $423K in 2022. In general, imports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of 71% against the previous year. As a result, imports reached the peak of $534K, and then fell dramatically in the following year.
| Import of Golf Equipment in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 197 | 70.7 | 173 | 135 | -11.8% |
| China | 138 | 62.7 | 89.2 | 74.7 | -18.5% |
| Canada | 45.4 | 38.7 | 34.2 | 34.8 | -8.5% |
| Taiwan (Chinese) | 78.5 | 19.3 | 31.0 | 26.5 | -30.4% |
| Panama | 9.0 | 10.9 | 15.4 | 12.5 | 11.6% |
| Spain | 9.7 | 7.3 | 7.3 | 6.5 | -12.5% |
| Japan | 15.9 | 8.5 | 4.7 | 5.2 | -31.1% |
| Vietnam | 3.4 | 19.1 | 5.6 | 4.5 | 9.8% |
| Guatemala | 2.3 | 1.4 | 0.7 | 0.6 | -36.1% |
| Others | 25.8 | 73.1 | 172 | 123 | 68.3% |
| Total | 525 | 312 | 534 | 423 | -6.9% |
Top Suppliers of Golf Equipment to Colombia in 2022:
- China (8.8 tons)
- Canada (4.0 tons)
- United States (3.4 tons)
- Taiwan (Chinese) (2.2 tons)
- Panama (0.7 tons)
- Spain (0.5 tons)
- Vietnam (0.3 tons)
- Japan (0.3 tons)
- Guatemala (0.2 tons)
Golf Equipment Exports in Colombia
In 2022, overseas shipments of golf clubs and other golf equipment were finally on the rise to reach 275 kg after two years of decline. Overall, exports, however, continue to indicate a perceptible decrease.
In value terms, golf equipment exports skyrocketed to $4K in 2022. In general, exports saw a buoyant increase. The pace of growth was the most pronounced in 2020 when exports increased by 83%. As a result, the exports reached the peak of $5.2K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Golf Equipment in Colombia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4,168 | 2,844 | 1,923 | 2,163 | -19.6% |
| United Kingdom | 815 | 262 | 715 | 708 | -4.6% |
| Panama | 1,547 | 861 | 247 | 544 | -29.4% |
| Chile | 271 | 270 | 513 | 501 | 22.7% |
| Spain | 394 | 403 | 375 | 372 | -1.9% |
| Guatemala | 78.0 | 82.0 | 97.0 | 128 | 18.0% |
| Costa Rica | 60.0 | 47.0 | 23.0 | 40.0 | -12.6% |
| El Salvador | 47.0 | 34.0 | 29.0 | 29.0 | -14.9% |
| Dominican Republic | 38.0 | 24.0 | 19.0 | 19.0 | -20.6% |
| Venezuela | 59.0 | 30.0 | 16.0 | 19.0 | -31.5% |
| Others | -4,664.0 | 301 | -1,152.0 | -541.0 | -51.2% |
| Total | 2,813 | 5,158 | 2,805 | 3,982 | 12.3% |
Top Export Markets for Golf Equipment from Colombia in 2022:
- Spain (65.0 kg)
- United States (50.0 kg)
- Panama (42.0 kg)
- Chile (18.0 kg)
- Dominican Republic (9.0 kg)
- Guatemala (7.0 kg)
- Costa Rica (5.0 kg)
- United Kingdom (4.0 kg)
- Venezuela (4.0 kg)
- El Salvador (3.0 kg)
This report provides an in-depth analysis of the golf equipment market in Colombia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 32301530 - Golf clubs and other golf equipment (including golf balls)
Country coverage:
- Colombia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Colombia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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